Independent thinking for complex markets and current events
I've been watching the 30 treasury bond market. Its grim When the rate hits 5% the claxton bell goes off pic.twitter.com/3Iq7uQcBX5 — Leeds Fella : Slava Ukraini 🇺🇦 🇬🇧🇨🇦🇲🇽🇪🇺 (@FellaLeeds) January 28, 2026 👉 “Most of the borrowed money went to:• Tax cuts without spending cuts• Two long wars• Expensive private healthcare• Bailouts and stimulus• …
The govt spent $7T last year and we didn't get this. Why should we believe that if we give govt $10T, $20T, or $100T, that anything will change? — Josh Steimle (@joshsteimle) December 23, 2025
Crazy to think that money supply is expanding this aggressively even as global central bank balance sheets have been contracting. We’ve seen a $10T increase in global money supply in just the past 12 months. Now imagine what happens once central banks inevitably need to expand their balance sheets again — which, in my view, …
Corporate bonds outstanding >$10T. Primary dealer inventory $33B -not a liquid market. When credit markets quiet & calm, it gives impression liquidity's fine, but if many want to sell, liquidity disappears. Even in quiet markets, finding a bond can take several days @apolloglobal pic.twitter.com/6tx1U6jNH6 — Danielle DiMartino Booth (@DiMartinoBooth) March 24, 2024 Up and to …