pretty interesting what currencies are doing
I think dxy is rising(1) to attack oil (2) Image
And oil doesnt care Image
dont forget - oil production cuts begin in november
and oil = inflation

if oil ++ then inflation ++ and interest rates will have to ++
washingtonpost.com/world/2022/10/…
Massive coordinated currency attack on oil - almost looks like last stand...
@DoombergT Image
Swap #3
This is first time ive seen 3 swaps back to back like this Image
Is it normal for a currency to move 500bp in seconds?
USDJPY just did
Image
Its so cool we have free and fair markets without currency manipulation

This is why capitalism - with american characteristics - is better than china communism with chinese characteristics

American characteristics dont manipulate markets

...oh wait... Image
the games not working on oil so good rn Image
#4
#Swap's Image
Number 5!

#SWAP's Image
All those games in the overnite to drop oil, 5+ swaps, shtfkery every second.

And what does oil do?

Moon.

I can about guarantee a swap at the open or sometime during the day. Image

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More from @frankoz95967943

Oct 26
All this matures this friday.
Tin foil hat time - swiss banks own a LOT of us equities.
so they took a loan and bought tons of bonds.
This causes dxy to weaken yields go down, stonks go up, giving swiss a chance to dump equities.
then they repay that loan on friday. Image
further evidence - notice how the usdcnh lines riiiite up with the 30y....

buying bonds will weaken usd, moon stonks.
now swiss own bonds.

next they unload the dogshit (tech stonks) all day to anyone who will buy them.

How did swiss know earnings would be bad??
🤔 Image
Still buying bonds in the after hour? Image
Read 9 tweets
Oct 20
Everything is a currency

why do u see those huge overnite moves?

#Swap's
Here is an example - TSLA earnings met but there were some problems so stonk dropped.

But it dropped relative to YESTERDAYS currencies.

Today?

DXY is down a bit.

Notice what happened to the stonk relative to currency.
This morning, of course another #SWAP

The euro strengthened(1)
The dxy weakened (2)
I expect a pop in the indexes (3) on the open

its all currencies doing this

But keep an eye on the 30y (blue) its going up. Everything follows the 30y eventually. A swap coming to correct today
Read 8 tweets
Oct 18
#SWAP alert Image
with this swap, it looks like usdeur and usdgbp both weakened. Currency pairs - one side gets weak, other strong - USD will probably get strong. Not good for risk assets. Image
I will also suggest that dxy is funny instrument - member states can cut interest rates and dxy goes up, and member states can raise interest rates and dxy goes down - totally not intuitive.

CB's can play all kinds of games with currencies.

Many times its just a crap shoot Image
Read 9 tweets
Oct 15
I highly recommend reading bidens "chips" rule this weekend.

This seems like a really big deal - US is taking the gloves off against china.

It is a dark omen methinks (but long overdue)

public-inspection.federalregister.gov/2022-21658.pdf
A few highlights - its not just lithgraphic machines - its also "US PERSONS" - aka - if you are a US passport holder and a chip manu expert you cannot work in china without a license.

U cannot sell designs to china without a license Image
Read 6 tweets
Oct 10
The Nobel prize - who the committee members are and where they are from, and how the f the Bernanake got a medal...

so before you cringe in agony, take a moment to recognize the (low)caliber of the select committee...

🧵👇

nobelprize.org/prizes/about/t…
Starting with this guy - he oversees a 26 hectare island in norway....no joke. He's 38yo. When GFC hit he was 23

en.wikipedia.org/wiki/J%C3%B8rg… Image
He wrote a couple books, none of which ended up on any best seller list, none of them appear to have been translated to english. ImageImage
Read 10 tweets
Oct 7
Homicidal Suicide

The weird paradox of these mass shooters.

🧵👇
Hopelessness breeds hopelessness, which breeds cynycism. The next branch i think is either self harm or an angry attack on the society itself - a rejection of society that caused the suffering.
Read 24 tweets

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