tyb
got a kek out of that title.
not a coincidence. That was a sort of cover. The CEO kept stroking the troops by telling the ee's to buy the stock and the entire time the mgt were selling. I think the day or two before he was supposed to go to jail he "died". Also was a key part of the Cheney energy discussions early on in the WH-those still remain classified. Enron also caused the power price spikes in california by manipulating the transmission lines-shutting them down or re-routing the supply to other places in order to drive the wholesale prices up-and then we all paid for it.
everyone has expertise and I'm positive I could learn a thing a two about what you know. That's the beauty of this place. Shared experience and knowledge transferred to others. I learned much about the guts of the military early on in 2018. Some of my best buds in here are hard-core mil guys that taught me well and I am forever grateful to them for sharing what they know. Besides I couldn't be a pf without them showing me things early on. Still do the fin stuff but much less of it now.
once you get familiar with those terms that are used it's pretty easy to figure it out.
they should have gone under in 2008. The current Chair of the FRB was part of the team the placed a shit ton of derivatives at DB from banker's trust.
from 1998
Deutsche To Buy Bankers Trust
https://www.cbsnews.com/news/deutsche-to-buy-bankers-trust/
zero coincidence that jerome powell chairs the FRB now. He is the /fallguy but our fallguy so to speak.
yes they all need to be shown the door and a return to sound, real asset backed money. People think that the CEO's are in control too. Most certainly not-but I know you know that too. It will habben as I'm not here to lose-we've all had enough of that
o7
Nasdaq Soars To Another Record High As Crude Crashes & The Yield Curve Re-Inverts
GET OFF THE INDEX SHORT BUS'-pepe
Another day, another record high for US stocks led by the Nasdaq - despite more quarantines, more cases, more deaths, and more uncertainty about whether any production of anything is back online.
Nasdaq surged 1% today - for no good reason to a new record high with the S&P 500 - and Trannies ramped into the close to get green. But the breadth of this stock market rally is becoming thinner and thinner…
Across asset classes - stocks are alone.
Not lyin'-but the doom and gloom is a bit over-done now-go on what you see, not what you want it to be or what someone tells you it should be.
And within equity markets, for a sense of the narrowness, short-term, equal-weight S&P is underperforming…Chinese stocks continued to grind higher with Shenzhen Composite erasing all the virus losses and ChiNext now up 6% since the start of it.
well they did print moar yuan and changed the repo rates they pay there as well.
MAGA stocks' market cap surges ever closer to $5 trillion. VIX is also not buying what stocks are selling here..And credit markets ain't buying it either.
VIX is an ETF product that tracks market swings or volatility.
Credit markets did not "buy" the ramp that started in 2009 either but look where we are at. It was only when they turned the printing press on in late 2012-after the bulk of the real bailout ($29t) was shoved into the system) did it start to catch up.
Treasury bonds were bid (alongside stocks) with the entire curve 3-4bps lower in yield (almost entirely erasing last week's early-week surge)…30Y yields dropped back near 2.00% once again (and 10Y back below 1.60%). And don't forget the big picture implications of the flattening of the yield curve. he dollar extended recent gains early on -to 2-month highs - before fading back towards unch. And judging by the collapse in The Baltic Dry Index - back near record lows - oil is going to get to the $30s.
eventaully it will be in the mid $20 range but the system has ways to combat this.
https://www.zerohedge.com/markets/crude-yield-curve-crash-nasdaq-soars-another-record-high
https://finance.yahoo.com/quote/%5EIXIC
Volume on NASDAQ and others were pretty good. Not above daily averages but the result is still the same. Been low all last year and this.'''
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
with the discussion on DB earlier I did one of these today. They will not be a daily habbening.. Did it all last year and end of 2018.
Sometimes you just need to throw out the "expert" advice from the financial guru's-do your own reserach and make your own decisions.
ty anon, appreciate your support.
The last sentence is not throw-away either. it can be done.