All the Unlucky Events Surrounding Diesel and Oil Shortages Look a Bit too Convenient

I understand there are coincidences but there are just too many things lining up.  Many of them obviously arranged.  Ukraine firing into Russia with US hardware is hardly the malignant little dwarf Zelenskyy acting on his own. 

By Idi Admin, ago

US Spy Satellite Breaks Up Mysteriously Weeks After a Chinese Spy Satellite Breaks Up Mysteriously

Satellites go whirring around the Earth endlessly because they have only micro-G forces on them.  So spontaneously breaking up in orbit is an unlikely event.  You have to hit debri. But given

You'll have to rate me as skeptical.  The West is ruled by gangsters.   More power to the engineers of China.  I'm sick of it.  The bankers rule and they want their cut of everything the world does.  Oil protection racket coming to an endin the middle east?  Well burn the proprietor's business down then.  Could it be more obvious.  Remember this criminaltiy will be turned on the American people at some point.  It already has but I mean in a way we have not seen yet.

By Idi Admin, ago

The Big Federal Reserve Print

The Fed is printing money to buy US Treasury bills… more than during Covid.

– Covid: ~320B
– Last 9 months: ~355B

Everyone is talking about the Fed hike… no one is talking about Warsh printing money Covid-style to buy UST bills.

At the same time, Bessent is issuing more UST bills to buy back US long-term debt.

In other words, the Treasury buyback is nothing else than QE in disguise.

We don't own enough hard assets for what's coming.

By Idi Admin, ago

Stealth Stock Market Crash

Compound248 @compound248

People often ask me whether I worry about how frothy the market is. I tell them, "Stocks have already crashed." Inside the market, there is a crash. That doesn't mean they can't crash more. But tons of well-known stocks are down 50, 70, or 90% from their highs. It is hard to see at the overall market level because, at the same time, some big companies have become giants, offsetting losses in the index. I'm not just talking about the SaaS massacre – stocks of many companies that are generally regarded as excellent businesses have been smashed, and almost nobody notices. I've never seen anything like it: the index is so strong, but so many quality constituents are so weak. From ATHs:

  • Nike: -84%
  • McDonalds: -31%
  • CarMax: -63%
  • PayPal: -83%
  • Pepsi: -34%
  • Disney: -50%
  • Dick's: -46%
  • Wendy's: -75%
  • Charter: -72%
  • T. Rowe Price: -52%
  • Campbell's: -71%
  • Constellation Software: -46%
  • Kraft Heinz: -70%
  • Fiserv: -80%
  • Home Depot: -35%
  • Hershey's: -40%
  • Alibaba: -65%
  • Otis: -35%
  • Lululemon: -80%
  • Rollins: -51%
  • Wingstop: -77%
  • Boeing: -55%
  • Lyft: -78%
  • The Trade Desk: -91%

Most of those are trading near multi-year lows. These were, and generally remain, large, "good" companies. Now go look at smaller, lower-quality companies, and you will see some crazy sh!t. There is carnage out there.

By Idi Admin, ago