Financial topics

[aeden]

https://duckduckgo.com/?q=Messianic+Nar ... %22b%22%7D

https://duckduckgo.com/?q=frueds+fallacy&t=brave&ia=web

[Higgenbotham]

That's on top of the economy being in the midst of a Depression worse than the Great Depression with a serious pandemic occurring.

Blaring out news of a V recovery all day doesn't make those things not so.

[aeden]

I agree H

The skew data was parsed a few days ago as we knew from modeling.

They grope along a wall as we warned.

By their own philosophy, they can’t help what they believe! - Jonathan Sarfati

[Higgenbotham]

https://www.zerohedge.com/s3/files/inli ... k=u0Is8WK4

I find this phenomenon interesting too and it's everywhere.

Since the pandemic hit, the credit of the US is basically shot and there's at the very least a recession ongoing. But people looking at the financial markets want to interpret all the indicators exactly as they did before this happened.

The best analogy I can think of is people are driving down the highway at higher than the posted speed and an ice storm hits and they keep operating their vehicles exactly as they did before the ice storm hit because nobody has crashed yet, while all car radios are tuned to a station that says there isn't really an ice storm ongoing because the Federal Reserve threw currency on the road for better traction and are also buying ice.

[aeden]

Perfect analogy since the first week people have to learn to drive again for bad weather.
Root issues.
Sogo flows are stable for now.

https://www.influencewatch.org/person/susan-rosenberg/

KROFT: No feeling of guilt?
https://duckduckgo.com/?q=Messianic+Nar ... ave&ia=web
SOROS: No.
https://duckduckgo.com/?q=frueds+fallacy&t=brave&ia=web

Of course he didn’t feel guilty. Soros has the moral depth of a clam. Nonetheless, he has said, “my goal is to become the conscience of the world.”
In his article, Muravchik describes how Soros has admitted to having “carried some rather potent messianic fantasies with me from childhood, which I felt I had to control, otherwise they might get me in trouble.”
Be that as it may. After WWII, Soros attended the London School of Economics, where he fell under the thrall of fellow atheist and Hungarian, Karl Popper, one of his professors. Popper was a mentor to Soros until Popper’s death in 1994. Two of Popper’s most influential teachings concerned “the open society,” and Fallibilism.
Fallibilism is the philosophical doctrine that all claims of knowledge could, in principle, be mistaken. Then again, I could be wrong about that.
The “open society” basically refers to a “test and evaluate” approach to social engineering. Regarding “open society” Roy Childs writes, “Since the Second World War, most of the Western democracies have followed Popper’s advice about piecemeal social engineering and democratic social reform, and it has gotten them into a grand mess. 2010

[aeden]

https://dirkdeklein.net/2016/06/16/usta ... boyscouts/

[Higgenbotham]

Since the pandemic hit, the credit of the US is basically shot...

Probably the best way to test the veracity of this statement is:

Does the interest rate on the 30 year bond go below the early March low.

If it does, it can be argued that this statement is not true and I would not have a good way to refute that except to say that the bond market has gone temporarily nuts. If the Fed can counterfeit enough (and buy bonds with the counterfeit money) to drive interest rates on the 30 year down below the early March low, it's still not a true statement.

https://bigcharts.marketwatch.com/advch ... e&state=11


We know the counter argument. The US credit rating is pristine because the US has the unique ability to always pay off creditors by printing the world reserve currency. And the act of doing that is pretty much harmless, according to those making that argument.

[aeden]

https://www.institutionalinvestor.com/a ... 4540ab808c

Overall, our study provides robust evidence to refute the widespread claim that ESG is a significant share price resilience factor during the COVID-19 global crisis.

https://poseidon01.ssrn.com/delivery.ph ... 91&EXT=pdf

https://twitter.com/theandrewhsmith/sta ... 27/photo/1 death stars do exist and it produces nothing called utility or anything put on a bun for lunch or dinner. Humans have not evolved.

We will add pepper when the next leg peak shows.

https://www.zerohedge.com/markets/anoth ... ver-bubble

reality erosion

They become accustomed to the insidious warping of their reality, until they no longer recognize Mr. Market.
Blame OCD.

[aeden]

less than 5%, they can dump at will

https://zh-prod-1cc738ca-7d3b-4a72-b792 ... k%20of.png

https://www.youtube.com/watch?v=EKu7TYWNxqA

[aeden]

https://www.yahoo.com/news/portland-pol ... 48201.html

https://news.yahoo.com/73-old-woman-use ... 06485.html

https://www.youtube.com/watch?v=Q65IU4jX1CA