Financial topics

[aeden]

India has become the second country to out rightly ban Bitcoin and other cryptocurrencies.
This is coming after the Central Bank of Nigeria instructed all financial institutions in the country to block the accounts of all individuals and entities linked to cryptocurrency transactions.

I do not know how it pastes to equity. 268 million had internet shut of to control population.
Government-imposed internet blackouts increased in length by 49% in 2020 compared to 2019, per research by digital security and rights group Top10VPN.

According to Top10VPN's report, 93 major internet shutdowns took place in 21 countries around the world in 2020, including internet throttling — i.e. the only internet available was 2G — as well as social media shutdowns and full internet blackouts.

With smart meters they will be cut out and off is the thought map. Participation trophy's are not in style as the Marxist wrecked India it was noted.

England warned they will be no warning already.

Yep no clue.

[Higgenbotham]

I think the time has passed where someone like me can be considered to be a contrary indicator. I used to think it was possible that when I got blown out, that would be the top of the bubble.

But look at what's happened. If I had stayed short the past 14 months, I would be close to getting blown out. In fact, with the increase in margin requirements since then, it's doubtful I would be able to hang on even now.

So is the fact that I would be getting blown out now if I had hung on indicative that this is a top, or is the fact that I'm once again getting short indicative that the market will go up even more? No way to know, I would say.

The other aspect of this is that valuations have gotten very extreme, even measured in mini-dollars, as Franz Pick liked to call them. So if the Fed can get their 2% target and stock market earnings are stable and growing at greater than inflation for years and years into the future, current valuations are questionable under those ideal conditions and everybody knows that. And there's really not much new information to be gleaned from sentiment at this point with sentiment at extremes never seen before by many measures. The only question at this point in my mind is how much of the real economy outside the stock market can still be fed into the stock market bubble before it all implodes?

[aeden]

I will wait until snow thaws as customers are without power has jumped to way over 3.368 million.
Xiden is property of Black Rock China merger as the Davos in the Middle east commences as billions in
energy projects. Americans freeze as thousands of Energy Union workers just got ran over by the Demsheviks
Marxists with the Uniparty Rhinos. American's are globalist hostages. It is that simple.

Wife is out delivering food to the elderly and checking on others.
Xiden is a idiot.

[Higgenbotham]

Not only are the financial markets devouring themselves, they are devouring the real economy to be able to continue higher.



Small businesses are snacks and the beast loves devouring them between meals of working man's wages and deferred infrastructure spending.

Well, wouldn't you know it. Just one day later:

Update ( 1612 ET): The Southwest Power Pool (SSP), which manages the electric grid and wholesale power market for the central US, including Kansas, Oklahoma, portions of New Mexico, Texas, Arkansas, Louisiana, South Dakota, North Dakota, Montana, Missouri, Minnesota, Iowa, Wyoming, and Nebraska, released an update Monday afternoon saying 17 states have "curtailed energy usage to balance supply and demand."

Frigid air continues to pour into the central US, overwhelming power grids, forcing operators to implement rolling blackouts like a third world country.

America's power grid is in shambles.

https://www.zerohedge.com/commodities/g ... kout-begin

This is fabulous news for the stock market, provided the problem of decaying infrastructure continues to be ignored. Up we go!

The only question at this point in my mind is how much of the real economy outside the stock market can still be fed into the stock market bubble before it all implodes?

...I am surprised to see things falling apart even when I understand why they should.

Me too, at least to the extent that they are at this time.

[Higgenbotham]

** 13-Feb-2021 World View: Accumulated socionomic problems

> Vladimir Putin At Davos Online Forum – Transcript
> ...

> Once again, I want to emphasise my thesis that accumulated
> socioeconomic problems are the fundamental reason for unstable
> global growth.

https://www.eurasiareview.com/27012021- ... ranscript/

This speech is very insightful. The concept of "accumulated
socioeconomic problems" ties it into generational theory. Over the
decades, socioeconomic problems start out being minor, but new ones
arise, and they accumulate, until the Crisis Era, when they become
overwhelming. And Putin does seem to imply that he's overwhelmed by
them.

Interestingly, Putin mentions China in only one place, and then
approvingly. No point in disturbing the marriage of convenience.

From a socioeconomic standpoint, the pieces of Putin's speech that seemed most notable were these:

In other words, millions of people even in wealthy countries have stopped hoping for an increase of their incomes. In the meantime, they are faced with the problem of how to keep themselves and their parents healthy and how to provide their children with a decent education.

The widening gap between the real and virtual economies (incidentally, representatives of the real economy sector from many countries have told me about this on numerous occasions, and I believe that the business representatives attending this meeting will agree with me) presents a very real threat and is fraught with serious and unpredictable shocks.

Regarding his first comment, in my experience, virtually no real priority is put on public health by any American institution, be it workplaces, schools, government generally, or even the FDA itself. The priority is exclusively corporate profits. One small example - Placing Coke machines in public schools.

Regarding his second comment, it's just interesting that representatives of the real economy from many countries are raising these concerns and that Putin agrees.

[Higgenbotham]

** 13-Feb-2021 World View: Accumulated socionomic problems

From a socioeconomic standpoint, the pieces of Putin's speech that seemed most notable were these:

In other words, millions of people even in wealthy countries have stopped hoping for an increase of their incomes. In the meantime, they are faced with the problem of how to keep themselves and their parents healthy and how to provide their children with a decent education.

Regarding his first comment, in my experience, virtually no real priority is put on public health by any American institution, be it workplaces, schools, government generally, or even the FDA itself. The priority is exclusively corporate profits. One small example - Placing Coke machines in public schools.

Instead of a public health system, we have a private for-profit system for individuals lucky enough to afford it and a rickety social insurance system for people fortunate enough to have a full-time job.

At their best, both systems respond to the needs of individuals rather than the needs of the public as a whole. In America, the word “public” – as in public health, public education or public welfare – means a sum total of individual needs, not the common good.

Contrast this with America’s financial system. The Federal Reserve concerns itself with the health of financial markets as a whole. Late last week the Fed made $1.5tn available to banks, at the slightest hint of difficulties making trades. No one batted an eye.

When it comes to the health of the nation as a whole, money like this isn’t available. And there are no institutions analogous to the Fed with responsibility for overseeing and managing the public’s health – able to whip out a giant checkbook at a moment’s notice to prevent human, rather than financial, devastation.

There is no public health system in the US, in short, because the richest nation in the world has no capacity to protect the public as a whole, apart from national defense.

https://www.theguardian.com/commentisfr ... irus-trump

A lot of people here may not like Robert Reich because he's a socialist, but he's right about the fact that the US puts no real priority on public health. How to put a priority on it is another question. Obama/Biden are worse than nothing.

[aeden]

https://www.youtube.com/watch?v=D7mbdSpBN9s&t=187s
encapsulated dollars called liquidity
we left it at lsap for now
granular perspective we seen developing

[richard5za]

I think the time has passed where someone like me can be considered to be a contrary indicator. I used to think it was possible that when I got blown out, that would be the top of the bubble.

But look at what's happened. If I had stayed short the past 14 months, I would be close to getting blown out. In fact, with the increase in margin requirements since then, it's doubtful I would be able to hang on even now.

So is the fact that I would be getting blown out now if I had hung on indicative that this is a top, or is the fact that I'm once again getting short indicative that the market will go up even more? No way to know, I would say.

The other aspect of this is that valuations have gotten very extreme, even measured in mini-dollars, as Franz Pick liked to call them. So if the Fed can get their 2% target and stock market earnings are stable and growing at greater than inflation for years and years into the future, current valuations are questionable under those ideal conditions and everybody knows that. And there's really not much new information to be gleaned from sentiment at this point with sentiment at extremes never seen before by many measures. The only question at this point in my mind is how much of the real economy outside the stock market can still be fed into the stock market bubble before it all implodes?

Yes, I also recently took a short position at what I thought was the top and will need to take losses unless a reversal happens soon. I never imagined a runaway situation like this! I never imagined Bitcoin at $ 50 000

[John]

** 16-Feb-2021 World View: Commodities futures trading

> The idea there is that 2872 was the euphoric blowout on the tax
> cuts and this second hit on the channel is the euphoric blowout
> based on the now universal belief that the Fed can keep the market
> propped up forever and prevent recessions forever.

> Having said that, I have no doubt whatsoever that this channel can
> be exceeded and the blowout can continue. But I will stay short
> for now and the point at which I will get wiped out (my suicide
> level) has risen to S&P 4000.

> Had I stayed short from the time of this post, I would be close to
> getting wiped out (what we've called Maximum Ruin), as the S&P
> closed at 3935 Friday and the futures are up 20 points so far this
> week.

You know, Higgie, I've been watching you for years, as you've gone
through these periodic crises, and you've almost made me a nervous
wreck just watching you, though probably not as bad as you've gone
through yourself. Still, I could never do anything remotely like you
do, and it's not for lack of skill but for lack of guts.

I have an interesting side story. Perhaps you recall the forum member
JCS, who occasionally used to post something. In July 2019, he sent
me an e-mail message asking me to implement a commodities trading
algorithm he had devised. I wrote back that I was interested, but I
never heard from him after that. Then, three months ago, he contacted
me and paid me a small amount of money to write a prototype for his
commodities trading algorithm.

The algorithm was reasonably confusing and required several phone
calls with him and several e-mail exchanges for me to wrap my head
around how it worked, but after a few days and a false start I did get
a working prototype. At that point, he ended all contact with me. He
hasn't returned phone calls or e-mails. I don't know whether he died
of Covid, or I said something to insult him, or whether he simply
changed his mind.

Anyway, the prototype is only a partial implementation of his
algorithm, since we were going to have to have more phone
conversations to describe the additional steps.

Nonetheless, I've set up my prototype so that it can simulate trading
over a period of time, and I've tried running the algorithm starting
on January 1, 2020, and running to the present time. The commodities
I've tested it with in the simulations include futures for corn,
silver, gold, platinum, copper, heating oil, natural gas, oats, rice,
soybean cocoa, coffee, cotton, lumber, orange juice, sugar, and
others.

Well, so I run the algorithm for over a year from 1/1/20 to the
present. It has its ups and downs during the year. At some points
during the year, it loses money, usually because of losing money on a
short after hitting a stop. But at the end of the year, the algorithm
makes money net on every commodity. This is absolutely astonishing to
me.

I mention all this because if I had anything like the guts you have,
then I would use the algorithm to make investments. But I don't, and
when you and Richard post messages saying that you're almost wiped
out, the reasons become clear. And that's the difference (or one of
the many differences) between you and me.

[aeden]

you are here
https://www.youtube.com/watch?v=D7mbdSpBN9s&t=187s
encapsulated dollars called liquidity
we left it at lsap for now
granular perspective we seen developing

The consumers from the win win black rock takeover has wiped out
so many workers and they still vote for them.
Irony is they are just starting.

you will be lucky to have power Thu Feb 04, 2021 10:15 pm

viewtopic.php?p=57454#p57454

Biden's 1st fundraiser:
Steven Cozen, founder and chairman of the union-busting law firm Cozen O'Connor.

Let that permeate your cognitive dissonance.
thread: peleg