Relentless buying at higher highs keeps the crowd hooked, this ends poorly. History repeats: MicroStrategy led in Y2K and leads again now.

Microstrategy was the top performing stock in Y2K and it's the top performing stock now. pic.twitter.com/SnYBtJjWl4 — Mac10 (@SuburbanDrone) November 11, 2024 Perpetual buying at higher highs keeps the cattle interested. This doesn't end well. Books shall be written. https://t.co/8IKaeuKxb3 …

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London Breed keeps breaking the law.

Why does London Breed keep illegally deleting her text messages? Every time San Francisco’s mayor hits “delete” on her texts, she does democracy a disservice. The public has a right to know what its officials are up to and what …

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Risk keeps getting bought in the U.S.

Friday, Monday, and today the S&P futures tested the lows – twice overnight. But risk keeps getting bought in the U.S. We'll see if the trend continues through this holiday. pic.twitter.com/RWGk6shU6r — Mac10 (@SuburbanDrone) July 2, 2024 Another major steepening …

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Israel Keeps Pushing America Into War With Iran

by Chris Black The entirety of American foreign policy is determined by Antony Blinken, Victoria Nuland, and Jake Sullivan. Except in the Middle East. Those three have their Middle East polic… Continue reading by subscribing.

The US Military Keeps Crashing Planes

by Chris Black Diversity is our greatest strength, except when it comes to things that require basic proficiency at literally anything. RT: At least one person has been killed and several others injur… Continue reading by subscribing.

Bond Bubble Bust Keeps Getting Uglier

by DAVID HAGGITH Today’s headlines tell us that US banks are facing their highest write-offs since the worst part of the Covidcrash, and the shockwaves are spreading: The largest banks in the United States are currently grappling with the worst write-offs …

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America keeps getting fatter…

More states are fatter than ever, according to new data from the Centers for Disease Control and Prevention (CDC). In 2022, a record three states had more than 40 percent of their adults classified as obese — West Virginia, Louisiana …

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Liquidity Fairy Alert! It just keeps going up! Bank Term Funding Program usage above $100B for the 15th consecutive week! ($107.993B vs $107.855B 9/6). An over reliance on central bank funding, the BTFP is a moral hazard! As of 8/31/23, $2,173,066,000 in interest to survive another day.

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 15th consecutive week above $100 billion! What we are reviewing: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed …

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