SK- On 48 we took out high, not on 96 and this is 1005 bar. Beans rallied what? 1% off low tick this am.
FIVE YEAR NEW CHARTS, H & M, check different yield on roll !
NASD- why the NASD gets hit according to my favorite forensic accountant.
It is a present value of future cash flow fact. Higher rates (10yr as rate used to discount future cash flows rise). I think bonds are going to get crazy and there will be nothing fed can do. If we get unwanted inflation instead
of the benign kind they expect.
Blather thoughts I just copied on my phone. A plague 1947 book. These are off this nice link site that gets more higs than LA times and crushed Brietbart when he left.
We tried a crazy experiment in social and economic control and we are left with scant evidence that it made much difference on the virus but vast evidence that they demoralized and ruined life for billions of people.
What about the opening? There will continue to be those who will cower in fear, still dealing with the deep psychological trauma that comes from watching TV journalists scream panic for the better part of a year. But there will
be an emerging majority that will be more than willing to go back to real life.
My go-to book on the pandemic and the response has been Albert Camus’s remarkable novel
The Plague. He wrote it as partially autobiographical about his own quarantine. It was published in 1947. It still stands as a brilliant account of the sociology and psychology of
fear during pandemic an
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