Pyrognostic

Dismissal of economic advisory boards raises alarms over data quality The removal of advisers supporting closely watched monthly releases may mean trouble for agencies that provide vital information on jobs and inflation.

Economic data to become corrupted. $SPX $TLT

www.politico.com/news/2025/03...

House Passes Budget Targeting Medicaid, Food Aid to Pave Way for Tax Cuts President Donald Trump called on Congress to make his expiring 2017 tax cuts permanent just hours after House Republicans squeaked through a tax-and-spending plan paving the way for a temporary extens...

Will this go unnoticed by the Fox watching poor?

House Passes Budget Targeting Medicaid, Food Aid to Pave Way for Tax Cuts www.bloomberg.com/news/article...

The dems have been far too comfortable with corruption. Now it’s too late.

Bullying allies to look tough and snuggling with autocracies he admires.

There’s no proof he was diagnosed on the spectrum.

The fact checkers?

CREW | Citizens for Responsibility and Ethics in Washington CREW is a leading ethics watchdog organization that takes relentless legal and investigative actions holding people in power to account.

Just started monthly donations to CREW.

www.citizensforethics.org

Will H5N1 be a “hoax”?

The next step for them may be to further corrupt the opposition party. Recall that Trump pardoned Blagovovich. That was a clear message that “bipartisan” corruption is part of the plan.

I block Wordle people as I see them. Not sure why those are so annoying.

If you run a country like a business, the sole purpose would be to enrich management. Oh…

Inequality and financial precarity. Kids are so expensive it’s become a question of being prepared to retire with any security at all.

Farewell, President Carter. Let’s remind people that YOU appointed Paul Volker to the Fed. Not that Camel cigarette actor guy…

The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis Financial systems in which many participants rely predominantly on leverage and carry rather than the quality of the assets to reach their return goals are unstable since small losses can trigger wide...

www.cato.org/cato-journal...

What's funny is Musk is Trump 2.0's Bannon. Gone in 30 days.

Wealth is above the law, duh...

Per this Reuters headline, pressure is mounting on the Federal Reserve from all sides.
This is about a lot more than bank lobbying, prudential regulation, and financial system safety.
To maintain its effectiveness and protect its autonomy, the world’s most powerful central bank is in urgent need …

Do your job NYTimes. Get sued…

Shareholder media is not the Fourth Estate.

Mimicry and a lack of self is a symptom of sociopathy.

Per Bloomberg, and according to the VIX, US “Stock Volatility in 2024 is [the] Lowest Since Before the Pandemic.”

#markets #stocks #investing #investors

Rf8

$SMH to $IGV rotations. I had thought once compute build-out zeniths, software would take back that mantle. However, I doubt we have reached HW commodification.

The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis Financial systems in which many participants rely predominantly on leverage and carry rather than the quality of the assets to reach their return goals are unstable since small losses can trigger wide...

Explainer:

www.cato.org/cato-journal...

Great stuff. Volatility in geopolitics adds another layer of potential outlier supply. Book reco is great.

I miss your NOPE charts. Aside for ‘short the parabola’ what’s your thesis?

That's McClellan breadth, not MACD.

That said, I did just take profits on a tranche of post election SPX calls.

Strategically, I think you're right. But tactically, I remain bullish. Buy the election, sell the inauguration.