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Some are arguing that there may be excess speculation in the markets, but I take comfort in the bitcoin to GameStop stock price ratio. It’s really starting to stabilize.
Schedule for Week of December 22, 2024
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Happy Holidays and Merry Christmas!
The key economic report this week is November New Home Sales.
*----- Monday, December 23rd -----*
8:30 AM: *Chicago Fe...
3 hours ago
3 comments:
Heeeee's Back!
Multiple posts in a week. A deep dive on interest rates, MZM, and global money supply. Strange things are afoot at the Circle K.
One puzzle is whether this has ever happened before. A global race to the bottom of currencies. Perhaps an explanation for bitcoin and GME? If I got a stimmy check (I didn't), I'd lever it into some kind of GME or TSLA option play. None of it makes investment sense, but it doesn't have to make sense. Money is a social construct that goes where the social goes. My momma always said, social is as social does.
Looking forward to more insights as things unravel.
None of it makes investment sense, but it doesn't have to make sense. Money is a social construct that goes where the social goes. My momma always said, social is as social does.
My momma said something similar. There'll be daze like this. There'll be daze like this momma said. Momma said there'll be daze like this.
There'll be daze like this my momma said .Which is kind of funny because I went walking the other day and everything was going fine. ;)
The Shirelles - Mama Said
From the comments:
Mama said there would be days like this, but she didn't tell me there would be so many.
Comment was written before the pandemic clearly. Still uses days instead of years, lol. Sigh.
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