Good morning!
I’m in LA. See you at the 17th anniversary show at thehivegallery.com. I’m on location painting the Federal Reserve in Flames smudging in a few last minute details on Varnishing Day! lol #endthefed #art #painting #StreetArt oil on canvas, 30 by 24 in 🔥🏦🔥
Today’s CNBC drinking word is “pivot.”
Now we're up to a 97% chance of 75bps and a 3% chance of 1%.
Live stream of the Federal Reserve getting inflation under control
Fed begins quantitative tightening on unprecedented scale NO! The Fed SAYS that QT is coming on an unprecedented scale. Big difference. Remember - the Fed bid on T-bills yesterday.
ECB to design new bond-buying plan to tackle market turmoil Yes, that’s what the world needs. More debt monetization. Historically, that ends very well.
If the Fed’s lost Bloomberg…the funny thing is that the Fed didn’t just screw up in the past year or two - this goes way back (and probably to 1971, or 1913).
Anyway, the world will resume turning today at 11am EST.
we've piled sandbags all around the house and we're up on the roof with our battery/solar powered short wave radio and a few protein bars
I, for one, am happy that our overlords are taking my 401(k) down to a 101(k) this year and every year for the near future.
There's a tasty sounding cricket that keeps chirping near my front door, yum.