Moronic bulls are on the loose today, celebrating the morning dead cat bounce of a ribald nature. It seems, and one would BEHOOVE oneself to suggest such a thing, but it seems it’s actually over and most people don’t know it yet.
The FUCK JOE BIDEN trade is on and with vigor, as ERX ascends into heaven and the QQQ into the pits of hell.
The tech nerds have been dispatched and with it all of the money of the Globohomo.
If concerned about Senior Tropicana, you needn’t be.
Even my non-discretionary Quant is up nearly 3% — because I am a person of a most esteemed professional nature.
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YOLOing DRIP. Because I am an idiot and think that soft oil and natty along with the market believing the Fed will crash demand …along with the White House vilifying oil companies that make profit on stinky fossil fuels …will be reflected in DRIP within 24 hours. Probably wrong.
I feel our governments have been heavily mandated by a clan addiction to an ESG agenda. My cuurent opinion is this originates from the WEF/Davos crew. It will be hard for it to die as it was so well installed. But I think it will eventually. After introducing us to the green ESG we got ZIRP and NIRP. Inflation would be entirely theirs to own also, obviously. And now we are additionally in wartime (for fuck sakes). But I think Jay Powell might be quite helpful in helping us now, if he is willing to kill inflation which he seems to be, he will also kill much other stuff we want gone.