BLUF: Terminal Velocity??? Risk-Transfer...Payments/Pain are coming due...Find-Fix-Finish!
MAGA: MSFT/APPL/GOOGL/AMZN...ATNH yesterday...did you notice the little to no movement in the 4 market movers? Market Breadth is signaling...TBD!
9 Laws of Cognition 1: There are no benefits without costs (creativity vs learning) 2: Action molds perception 3: Feeling Comes first (before recognition) 4: The mind can override perception (confirmation bias) 5: Cognition mirrors perception 6: Spatial thinking is the foundation of abstract thought 7: The mind fills in misinformation 8: When thought overflows the mind, the mind puts it in the world 9: We organize stuff in the world the way we organize stuff in the mind.
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Let's Watch the ShitShow...See you @ Happy Hour!
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–In a stunning development that no one could have possibly predicted, official news outlets under-reported the cases of coronavirus, and are now correcting the error with a multiple of original estimates. China is changing personnel in affected areas. Forward looking markets are unsettled by the change, with reports yesterday having claimed that the rate of pace of infection was slowing. ESH is working on an outside range day, having edged to new highs after yesterday’s close, and currently down 26. Data barely matters at this point, but CPI is released this morning, with Core prices expected +2.3 yoy. Treasury wraps up auctions with the 30 year; yesterday’s 10 yr saw solid demand with 2.58 bid to cover and a yield of 1.622%.
Who woudda thunk such a thing….the level of Dumbassery and Incompetence…No wonder I no longer vote…LMFAO! Cheers
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This is only the 3rd time in history the S&P 500 futures gapped up at least 0.35% three mornings in a row to close at an all-time high. The first was in Apr 1999, the 2nd in Jul 2016.
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