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Just insane collateral market action today shows deflationary money is getting worse.
Just insane collateral market action today shows deflationary money is getting worse.

Episode 449

Four-week bill yield plummeted by around 60 bps at one point in today's trading. Serious monetary pressures are still there, continue to get worse ev…

3 years, 1 month ago

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Turmoil continues as dead canaries pile up in the Euro$ mines. People are noticing the carcasses.
Turmoil continues as dead canaries pile up in the Euro$ mines. People are noticing the carcasses.

Episode 448

Like Warren Buffett last week, this week Elon Musk issues grave warning about health of global banks. But why? Is it inflation run amok, or the world…

3 years, 1 month ago

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Here comes the wrecking ball as everyone is chasing after dollars everywhere.
Here comes the wrecking ball as everyone is chasing after dollars everywhere.

Episode 447

Brazil's President Lula traveled to Shanghai to finalize bilateral engagement bypassing the US dollar. This is not de-dollarization, rather an acknow…

3 years, 1 month ago

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Alarming behavior of the fear ratio over the past two months shows no signs of stopping.
Alarming behavior of the fear ratio over the past two months shows no signs of stopping.

Episode 446

Where are we? Is there still a crisis? Is it over(blown)? The "fear ratio" helps sort out signal from so much noise. Since it sits at the intersectio…

3 years, 1 month ago

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We're getting a better idea of how the banking crisis is progressing - no thanks to authorities.
We're getting a better idea of how the banking crisis is progressing - no thanks to authorities.

Episode 445

The hawks are back at the Fed doing what Fed hawks always do. Beginning with overestimating their own tools, they then overestimate the resilience of…

3 years, 1 month ago

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Warren Buffett didn't just make shocking comments on banking system, he's already acting on them.
Warren Buffett didn't just make shocking comments on banking system, he's already acting on them.

Episode 444

This week was a wild one, including how during it legendary investor Warren Buffett said he was selling bank stocks because there were more failures …

3 years, 2 months ago

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Startling statement reveals far worse danger than just a recession.
Startling statement reveals far worse danger than just a recession.

Episode 443

First they said it was a growth scare. They told us to ignore inversions. Then they pointed to the unemployment rate and said there's no way we could…

3 years, 2 months ago

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More big trouble in global money system together with US CPI numbers. Major fallout continues.
More big trouble in global money system together with US CPI numbers. Major fallout continues.

Episode 442

Just as the interest rate swap market had indicated, big collateral scarcity as 4w Tbill rates yesterday plummeted. Also, Japanese bills for more con…

3 years, 2 months ago

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Huge moves in key spreads, massive problems as authorities begin to admit there's real danger.
Huge moves in key spreads, massive problems as authorities begin to admit there's real danger.

Episode 441

Alarming compression of interest rate swap spreads indicate more systemic issues in global balance sheet capacities and collateral, too. Also, the IM…

3 years, 2 months ago

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New data gives us badly needed details behind bank shock/crisis. What it means moving forward.
New data gives us badly needed details behind bank shock/crisis. What it means moving forward.

Episode 440

The Federal Reserve's H.8 data on US commercial banks shows just how much of a systemic shock the March seasonal bottleneck had produced. Institution…

3 years, 2 months ago

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