8% inflation, using an index they created, control and manipulate at will to measure and target rates...do they think we are that stupid, really. Well, yes, yes they do.
Love it Rudy. You’ve inspired me to re read my favourite book of all time, When Money Dies by Adam Ferguson….Germany in the 1920s and the nightmare of deficit spending, devaluation, and hyper inflation. Also, great link to the article on the eerie parallels of the last 4 real estate market crashes. I live in the Bay Area and people won’t hear of a real estate crash. Time will tell but I think they’re all wrong as we have all the conditions the article describes - huge run up in prices, rapid run up in interest rates and massive concentration of people working in a single industry. The counter I always hear is that there’s limited supply. True, but if demand collapses rapidly, supply is no longer a problem.
Guy Adami and Danny Moses are excellent on that pod of theirs each week. They’ve really nailed mkt moves for over a year now. Dan ‘I’ve traded for 25 years’ Nathan has been a great fade as well on almost everything sports, politics, trading. Prob a nice guy but his head is so far up his own ass at this point.
I've been told that Federal Reserve Chairpersons, when elected, are instructed to never smile in public. However, when two or more gather they can't help knowing what the other is thinking and fortunately for us, smiling is the natural response of two people sharing a secret together...
F’n great stuff all day, every day. Every f’n week. Every f’n month. Rudy rules.
Enjoy the weekend.
Brilliant!
Nailed it. Have a great weekend.
8% inflation, using an index they created, control and manipulate at will to measure and target rates...do they think we are that stupid, really. Well, yes, yes they do.
great stuff
Love it Rudy. You’ve inspired me to re read my favourite book of all time, When Money Dies by Adam Ferguson….Germany in the 1920s and the nightmare of deficit spending, devaluation, and hyper inflation. Also, great link to the article on the eerie parallels of the last 4 real estate market crashes. I live in the Bay Area and people won’t hear of a real estate crash. Time will tell but I think they’re all wrong as we have all the conditions the article describes - huge run up in prices, rapid run up in interest rates and massive concentration of people working in a single industry. The counter I always hear is that there’s limited supply. True, but if demand collapses rapidly, supply is no longer a problem.
Guy Adami and Danny Moses are excellent on that pod of theirs each week. They’ve really nailed mkt moves for over a year now. Dan ‘I’ve traded for 25 years’ Nathan has been a great fade as well on almost everything sports, politics, trading. Prob a nice guy but his head is so far up his own ass at this point.
"It is well that war is so terrible, otherwise we should grow too fond of it" - Robert E. Powell
I know you are always working Rudy, but try to have alittle fun this weekend...or just rest??
I'm shocked! Shocked!!
I've been told that Federal Reserve Chairpersons, when elected, are instructed to never smile in public. However, when two or more gather they can't help knowing what the other is thinking and fortunately for us, smiling is the natural response of two people sharing a secret together...