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
23,433 Blog Posts

Just About Wrapping Up 2023

It’s over. You cannot make it all back and the ideas of grandeur you had heading into 2023 are what they are now: either superb or shit. I doubt many traders had middling years. Given the volatility and the rhetoric, you were either tricked and fooled all year long or basked in the glory of a rigged market at the latter end of Pax Americana.

Before it all collapses and the transgendered bull is crucified upon the altar of vengeance, we might have a party — adeptly adored with flags of the rainbow varietal — hosted by the the cherry marines at the US government.

I can wax poetic about the fires to come — but there is a time and place for everything. After all, ’tis the Christmas season and we all do enjoy the paganised bastard version of the birth of Christ transmorphed into a sick and perverse exhibition of wanton consumerism and vacuous celebratory exercises all for the sake of, but not limited to, stupidity.

Then again, I shouldn’t be too harsh, since the years left to all of us are finite and some times some things help reduce the pangs of misery twisting inside of our guts — surveying the landscape of knuckle-dragging submentals enjoying grotesque sized hot dogs and cheesed burgers — filling their fat faces with hot chocolate and sweet drinks from the orient.

All I desire is for quiet and toil — the rest you can have.

I closed the week DOWN 195bps because I was mostly retarded. When juxtaposed against my longer term account, which was +322bps — you can really get the sense of how bad I was out there — like Babe Ruth in the latter days striking out with the Braves.

At any rate, I look forward to closing out the year in style. I haven’t any hedges, so fingers are indeed crossed for a fucking melt up come Monday.

Have a nice weekend catamites.

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One comment

  1. alaric

    Brazil
    Mixed-race people become Brazil’s biggest population group
    Grouping that includes descendants of Indigenous Brazilians as well as of Africans now outnumbers white population

    New data from the 2022 census released on Friday shows that 92.1 million Brazilians identify as mixed-race, equivalent to 45.3% of the population. This is up from 43.1% in 2010, when the last census was carried out.

    The proportion of self-declared white Brazilians has fallen from 47.7% to 43.5%, or 88.2 million, while those labelling themselves as Black jumped to 10.2% of the population (20.6 million), from 7.6% 12 years earlier.

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