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Bank Failures Ahead, Sociopathy by Design

Short rates continued to fall, while long rates inched higher. The market may expect Powell to pause, but US debt faces weak demand amid excess supply. With concerns about leadership, foreign investors may hesitate to buy US debt.

The User's Profile davefairtex September 29, 2024
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Investors clinging to cash face these two risks as the Fed cuts interest rates, researchers say [Sep 23] (source – MarketWatch);

My analysis: Nudge-nudge.  Risk On!  Someone’s gotta be the bagholder.  I pick – YOU!

BREAKING: Warren Buffett throws another ~11.5m BAC shares back in the market cashing out another half a billion (source – JustDario)

Warren is now ~20m BAC shares away from falling below 10% ownership and not being required to report these sales promptly anymore.   Guess what comes next.

My analysis: Chart below of BAC/SPY.  Warren bought BAC on the cheap.  But “for some reason” he’s blowing out of his position.

NYC Mayor Eric Adams Hit With Historic Federal Indictment [Sep 26] (source – ZeroHedge)

New York City Mayor Eric Adams has been indicted on federal criminal charges, marking a historic first for the city as he becomes the first sitting mayor to face such charges. The specifics of the charges remain shrouded in secrecy due to a sealed indictment, the NY Times reports.

My analysis: “Kill an (Adams) chicken to scare the (other Dem mayor) monkeys.”

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