>>4462749 lb
So.. sucking dick? or drinking a distressed babies blood for a quick high? Could be both...
More likely referencing the Fed Put
https://www.benzinga.com/general/education/18/10/12451682/what-is-the-fed-put-and-is-it-still-in-place
The Federal Reserve has faced some harsh criticism for its interest rate hikes in recent quarters. In the past, stock market investors have taken comfort in the idea of a “Fed put” that supports stock prices, or at least does them no harm. Here’s a closer look at what exactly the Fed put is, and whether it’s still helping investors.
What Is The Fed Put?
The Fed put is the general idea that the Federal Reserve is willing and able to adjust monetary policy in a way that is bullish for the stock market.
The Fed’s primary goals are related to maximizing employment and keeping inflation in check. Yet a stable economy, modest inflation and the stock market are all closely linked. If employment crashes, inflation gets out of control or the stock market plummets, the Fed will not be serving its purpose of stabilizing the economy.
According to daytrading.com, the idea of the Fed put originated with former Fed Chair Alan Greenspan in the 1990s. Greenspan famously cut interest rates in response to the 1998 stock market sell-off following the collapse of Long-Term Capital Management.
Fed Put In Action
There are two ways to look at the idea of a Fed put.
First is the idea that the Fed would step in to support the market with interest rate cuts and other accommodative policies in the event of a market downturn. In addition, when stock prices have bullish momentum, the Fed put also suggests the Federal Reserve will try not to do anything to disrupt that momentum.
The second scenario has been the most relevant for investors in 2018. The Fed recently issued its third interest rate hike of the year, yet the SPDR S&P 500 ETF Trust
SPY 2.6%
is up 9.6 percent year-to-date.
The Fed Put Today
During the Fed’s recent press conference, Chair Jerome Powell said the stock market is very much on his radar.
“He mentioned the linkage between equity prices and economic stability twice, and with the same basic equity-friendly message,” DataTrek Research co-founder Nicholas Colas recently said.
“There is still a 'Fed put.' This is the idea that the U.S. central bank sees stock market stability as important to its mandates of full employment and moderate inflation.”
For now, at least, it still seems as if the Fed has investors’ backs. The big test of the Fed put could potentially come if the stock market suffers a steep correction in coming months that could put pressure on the Fed to dial back or suspend its schedule of interest rate hikes.
Running dubs
Interesting series on ESF by MarketSkeptics and how it is used for general fuckery. I thought it was a bit out there in sections when I first saw it, who knew..
http://www.marketskeptics.com/2011/06/the-esf-and-its-history.html
It is impossible to understand the world today without knowing what the ESF is and what it has been doing. Officially in charge of defending the dollar, the ESF is the government agency which controls the New York Fed, runs the CIA's black budget, and is the architect of the world's monetary system (IMF, World Bank, etc). ESF financing (through the OSS and then the CIA) built up the worldwide propaganda network which has so badly distorted history today (including erasing awareness of its existence from popular consciousness). It has been directly involved in virtually every major US fraud/scandal since its creation in 1934: the London gold pool, the Kennedy assassinations, Iran-Contra, CIA drug trafficking, HIV, and worse…
https://en.wikipedia.org/wiki/CubeSat
Found this when we were looking into Cal Poly with girls sitting in Q formation.
CubeSat (U-class spacecraft)[1] is a type of miniaturized satellite for space research that is made up of multiples of 10Ă—10Ă—10 cm cubic units. CubeSats have a mass of no more than 1.33 kilograms per unit,[2] and often use commercial off-the-shelf (COTS) components for their electronics and structure. CubeSats are commonly put in orbit by deployers on the International Space Station, or launched as secondary payloads on a launch vehicle.[3] Over 800 CubeSats have been launched as of April 2018.[4]