TNX - The Event we've been waiting for since July
We have repeatedly indicated the "Everything Must Go Sale" would begin
once we saw 10 Year Note Yields Cross 1.645 and then move beyond 1.71
to 1.76 and onto 2.12%
All asset Classes being sold is NOT something the Majority of Investors
remotely understand or believe it possible.
Preferring Correlations and Inverse Correlations to remain the Norm.
It isn't and the September Sell-off appears to have been forgotten.
Not surprising, memories are short, convictions are strong.
Price does not care what you "believe" - rather it demonstrates the
convictions of your beliefs.
Belief in the 11X Bond Complex... remains at all-time highs.
Return of depreciating Captial is favored to Equities which continue
to be the perceived Inflation Hedge.
The circular Logic is a complete Sh_t Mix of Mass Delusions as participants
will discover one the Next Great Unwind begins.
Everyone losses a hand.
_______________________________________________________________
With last week's one Day Wonder spiking @ nearly 10% while the DX began
to move over 95... RCO's are again heating up.
_______________________________________________________________
We indicated the Infrastructure Bill would end up @ $1 Trillion after all
the non-sense - Ultimately it was the FEDs handlers who reduced the
increased threat of a Bond Market Accident.
Suggesting DC piddle into a far less Aggressive Final number, Rates were
tamed down, preventing an even larger protest from the 007s.
Monday, President Biden signs into Law - $ 1 Trillion Infrastructure Bill.
AKA - another Giveaway to Insiders.
_______________________________________________________________
How much time does this Buy for the Equity Complex, we shall see.
It will become yet another nail in Confidence Coffin as Inflation continues
to Beat Expectations.
_______________________________________________________________
Q4 begins to see squaring of Position for yeat end begin into December.
With Notional Bets to a Strong finish to 2021 for appearance's sake, there
IS something out there... that will blindside the markets.
_______________________________________________________________
The 30 Year Auctions Failure... did not go unnoticed.
once we saw 10 Year Note Yields Cross 1.645 and then move beyond 1.71
to 1.76 and onto 2.12%
All asset Classes being sold is NOT something the Majority of Investors
remotely understand or believe it possible.
Preferring Correlations and Inverse Correlations to remain the Norm.
It isn't and the September Sell-off appears to have been forgotten.
Not surprising, memories are short, convictions are strong.
Price does not care what you "believe" - rather it demonstrates the
convictions of your beliefs.
Belief in the 11X Bond Complex... remains at all-time highs.
Return of depreciating Captial is favored to Equities which continue
to be the perceived Inflation Hedge.
The circular Logic is a complete Sh_t Mix of Mass Delusions as participants
will discover one the Next Great Unwind begins.
Everyone losses a hand.
_______________________________________________________________
With last week's one Day Wonder spiking @ nearly 10% while the DX began
to move over 95... RCO's are again heating up.
_______________________________________________________________
We indicated the Infrastructure Bill would end up @ $1 Trillion after all
the non-sense - Ultimately it was the FEDs handlers who reduced the
increased threat of a Bond Market Accident.
Suggesting DC piddle into a far less Aggressive Final number, Rates were
tamed down, preventing an even larger protest from the 007s.
Monday, President Biden signs into Law - $ 1 Trillion Infrastructure Bill.
AKA - another Giveaway to Insiders.
_______________________________________________________________
How much time does this Buy for the Equity Complex, we shall see.
It will become yet another nail in Confidence Coffin as Inflation continues
to Beat Expectations.
_______________________________________________________________
Q4 begins to see squaring of Position for yeat end begin into December.
With Notional Bets to a Strong finish to 2021 for appearance's sake, there
IS something out there... that will blindside the markets.
_______________________________________________________________
The 30 Year Auctions Failure... did not go unnoticed.
Comment:
EverGrande - A Bondholder has claimed they missed a Clear on ClearPoint.
Comment:
The FED Purchased $89 Billion USTs last week.