Good morning STB!
ZH post on the potential future shutdown of the Gulf Stream and the potential disaster it would cause. LOL, SO had us on that a decade ago. Buy land in the SE. Cycles are a thing. Super volcanoes are a thing. Pole shift is a thing. Galactic current sheets are a thing. Catastrophism is a science for a reason. Ultra rich don’t build bunkers just to spend money. STB best trade anyone? Bueller? ….. Bueller? We’ve been calling that for at least 15 years.
Good v evil
On to the lie -
Minis off 75. UST10yr holding the 50dma support. The Fed can’t fight inflation and job loss. AI has changed that game, and they can no longer stimulate job growth. Speaking of AI, that incestuous bubble is bursting. China, as we’ve noted, is in real trouble. Heck, who or what’s not in trouble economically? Printing will resume soon. It may generate a brief reprieve. Great reset is coming. How long they can prop it up is the only question.
Have a good weekend.
Go Dawgs!
GL and GB!
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