Alternative Path

[gdl]

Gee what a surprise! I saw it coming and the result was immediate. NO RATE CUT anytime soon. No rate cut this year. The street is still optimistic. They will get pounded home the fact that inflation is coming back and there is nothing they can do to stop it. Debt, defaults, and extended credit will be on the streets mind before this year is out. NO ONE. I mean not a living soul saw the possibility of inflation this year.

Dollar and 10-year yield should go straight up from here. Funny how the mind works. I guess I should say doesn't work. Like the cowardly Stupreme Court they punted and gave Trump an easy win next year. I TOLD YA SO! But wait there is more. They will take up the KINGSHIP question and delay the attempt to prosecute till after the election. I guess the partisan Judges owe it to him.

What a world. What an easy prediction.