Don’t tell me the TIPs faggots aren’t tuned into the market, understanding of inflation. That’s all the TIPs fags do, worry about inflation. Yet, here I look at the 2yr treasury breaking 2% for the first time since 2008, accompanied by headlines that speak to some sort of rampant inflation that no one can actually see with their own two eyes.
Here’s the chart on TIP, inflation protected treasuries.
Raw commodities? Hardly any traction.
Let’s stop pretending there is some inflation genie dying to pop out from some fucking lamp. Truth is, rates are jimmy-rigging higher because the Fed wants them higher, so they could lower them later, when this all falls apart.
As for inflation, only the wealthy are enduring its deleterious wrath. Everyone else is shopping at Walmart.
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FED wants inflation. It raised rates to offset capital inflows into private assets (stawks) which are already over-inflated.
If the dollar falls off the cliff it’s approaching, price for Walmart etc stuff will rise. The price impact of this will be offset somewhat by the fact the the new tax bill further concentrates wealth at the top. I’ll be shorting the XLY components most squeezed by this – importers that serve the bottom 90%.
WTF? The German edition of Playboy magazine for the first time features a transgender model on the cover of its January issue. Sick.
https://tinyurl.com/y979t548
Ever been to Munich? Not too surprising.
https://youtu.be/oG6fayQBm9w
Munich is conservative compared to Berlin. They have massive gay/trans parades in Berlin.
The very first tranny was Satan. Since ancient times until the present, Baphomet has been depicted as being both male and female, with both genitalia, female breasts and a male penis.
https://tinyurl.com/y9a86wnf
next move in yields is lower. long the long bond, but only for a trade. this stock rally has gone far enough. todays action suggest RUN, and RUN fast from equities, at least for a short while. Gold +1.26%; Bonds turning higher into the close; Dollar speeding lower in a “deathmobile”