iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,533 Blog Posts

THE INFLATION NARRATIVE IS OVER

Inside Stocklabs I track a raw commodity index and it showed all sorts of 1 mo losses for commodities. This made me feeeeeel better about heading into today 100% long, no hedges. Last month the CPI came in light and that same raw commodity index had surged. So what the fuck is going on here?

Simple: it’s over. The inflation narrative is dead because everyone got wiped the fuck out clean. Sure, stocks are up, but no one has any money left to own them.

We now enter into the deflationary vortex and before 2023 is over, the Fed will be slashing rates in an effort to save the economy from collapse.

Soft landings?

No such thing. You’re better off believing in lunar landings.

Am I hedging now?

Not yet.

BIG DICKED days like today tend to carry on and over exaggerate, get stupid, steal other people’s luggage.

I was +3% and now I am +2.35%. I really don’t give a fuck and if I reversed lower and lost, say 15%, I still would not care. NEVERTHELESS, I think it’s important that I inform you, if I might be so bold, that “The Fly” is back to recourd highs and you should most certainly fuck yourselves.

See pal, that’s who I am and you’re nobody.

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4 comments

  1. Orson

    # fudging 101.
    True inflation is higher.
    Markets will sell off today.

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  2. purdy

    If dollar keeps heading down it’ll take more of them to buy stuff from hard working Asians. XRT’s pop this morning was easy money.

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  3. purdy

    *to fade

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  4. juice

    Inflation is ded at 7%

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