Markets seem to have taken their cue from the Modern Monetary Theory crowd — you know, the folks who believe you can just make up money and everything will work out fine.
So today we’ve got a two-parter behind the curtain. One paper asks the uncomfortable question: “Where is all this money actually coming from?” Because when you run the numbers, they don’t quite add up.
The second piece (the actual ChartPack) gets into something even more interesting: de-correlation — the idea that some assets are quietly stepping out of the traditional financial dance.
Not exactly clickbait, I know. But if money matters — and for some damn reason it does — this beats doomscrolling social media by a country mile. And out here in the woods, we know how long those are.
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The Puma scratched this morning..an itch that could not be ignored..So adjust Ure futures Bets on the Derby today accordingly. Had the puma in one suprafecta, so he was replaced with Commandment. Not advice, ever, for ENTERTAINMENT PORPOISES ONLY! Not for navigation Porpoises either, as they cant be trusted not to F-around, without buckets of Sardines handy. And who has buckets of Sardines lying around ?
I would advise all not to gamble, but what is Life, but one big GAMBLE.
Even got a contributor on here whose tagline refers to mythical wonderment held within. You would think with such immense power within oneself you could manifest ANYTHING their heart desires, but alas in the final analysis its ALL Fakery, smoked mirrors.
*No Worries – the Sun keeps on shining…Live -https://youtu.be/xm8IqZbX6r4?
“Welcome Ye Goats & Dogs, to Cyprus” – J. Ceasar
Lol lol… my little tigers home this weekend..she brought the gr. grandson..
what a nice time.. she was a real papas girl..I will never forget her preschool experience..lol lol lol.. .We were babysitting while the daughter worked and a policeman showed up with one very upset Father and the police said your son beat this little boy and his dad wants us to look into him being attacked after school….her brother and her were walking home..my grandson was six she was four.
we called the grandson down..the 12 year only boy says..not that one the other one…down comes my little tiger..the officer was about crawling in a hole laughing he says honey did you beat him up..yes I did beat that bully…my brother and I was walking home and he jumped out of the bushes to steal my brothers money… so i told him. dont you dare touch my Dora the explorer backpack…he threw me to the ground getting my Dora the explorer backpack dirty..so I beat him and if he does it again i’ll beat him again.. by this time the officer couldn’t contain his laughter and the boys father was crawling into a hole in embarrassment..lol lol lol..after that I’d run over and pick them up at school..now she’s in her thirties..has a little boy that totally reminds me of her at that age…
my wife is asking for a shrimp boil
nothing to one..
shrimp
onions
cut sausages
sweet corn
( I like carrots )
cut potatoes
old bay ( you decide how much )
A couple gallons of water..
Throw in some blue crab legs & you have Brunswick Stew.
Do stone claw crabs count ? Im getting just as many stone claws as I am blue claws right about now.
Lot of softies too – weird when you go to snatch em up outta the trap, their squishy like..so bizzare.
Still kinda cold water so not alot of crabbies yet. Russels never met live crabs before…it is quite the scene to see 2 Jack Russels trying to “deal” with a big blue claw crab out on the dock. The lil bitch is wise and experienced, and does not get close enough to get bit. The Male on the other hand is all about trying to bite the crab before one of those claws clamps down on his his fuzzy face. Besides the navigational Porpoises (Dolphins really), about the only Fish or Mammals I am seeing are Whiting..not really interested in em- so I throw em back.
Dock Fishing this time of year is all about Observation. I am making a detailed study of Female Bikini fashions – studying Shapes, Colors assortments, Sizes- You name it, I am all over it! Booty shorts would be my secondary line of study this Summer, lot of hard work ahead this Summer..
So lets go Hot Temps, Pretty Lady’s and String Bikini’s…ohhh I must be in America!
*Shwingshwing.. https://youtu.be/szkgylvDYA4?
all the patriot gurus , high speed can kickers and just downright yankee chanting USA USA types. be advised there was a signal in the gold market on friday .. now you all know everything and how it worked out in 08/09 but you should have some respect . i do for my great mentors nobody else . thats the WD gann in me , not the clown rn elliot garbage. so i am going to wish you all tanti belli cosi for this week coming and as my other great mentor says maybe a decade or 2 . so get on the dopamine , get some frosty and dance the YMCA with the USA supreme leader . cheers
and here is another one for you rat juiced dopamine freak , super rich investors . from a great investor years ago . remember that . the money gods created liquidity for a 1000 days and then mr market took it all away the next day. so keep those freak laughs going and do the YMCA
re: “Where is all the money coming from?”
feat: “The Seven-Per-Cent Solution”, 1976
‘Watson, the game is afoot!’ Today Ukrainian PM Mrs. Sverydenko published an update on her social media account. “Peacetime regulations” governing frontline narcotic distribution are revised as follows:
“…The Cabinet of Ministers has made changes to the circulation of painkillers for military units and medical units operating on the front line, at forward medical points and in the warehouses of combat brigades.
The Ministry of Defense is given the opportunity to independently determine the order of providing narcotic medicinal products, psychotropic substances and precursors for units in combat zones. The requirements of peacetime, which complicate work in field conditions, are temporarily canceled.
The norm will be in effect during the state of war and for another 60 days after its completion.
Combat medics should have all the tools and opportunities to provide assistance where it is critically important, without unnecessary bureaucratic procedures…”.
Follow the money – ?
Someone [ we all know ] is still not convinced that the markets have much higher to go – not convinced at all.
Berkshire Hathaway’s Cash Pile Surges to Record $397 Billion
I can not imagine just sitting on $400 billion dollars. What ‘opportunity’ are they actually waiting for? He has been right., for decades., so just what is it, that he is looking at? What does he see., that the vast majority don’t [ or are ignoring?] ?
$400 billion gathering dust, awaiting the storm, is a pretty big statement.
Yeah,m ole WB could send me a few days interest and I could retire, lol
well and a few things WB said not to long ago was,
you wont find me on epstines list. and WB said Bill Gates and i are not on speaking terms anymore.
the tone and the way WB said that was more like “fuck Bill Gates and the horse he road in on, if he even calls i will do everything to destroy him.”
it reminded me of this short little blonde lady named Cheri. when i first started running stuff at Seahawks Stadium. we went down to where the players check into the stadium. Russel Wilson was pitching a bitch about getting his bag checked at the scanner. everyone even the owner of the team, if Donald Trump showed up and wanted to bring a bag in the stadium?? everyone passes through a security check. we have 65,000 guests ariving their saftey is a matter of National Security.
so we walk down there and Russel Wilson a super bowl champ and the team captain and star quaterback yada yada is pitching a bitch about his bag getting checked. Cheri is with 3 guys who are 6’6+who all are around 250 275 lbs and me. These guys are just big goons.
Cheri is like 5 foot but thatLady runs Lumen field and nobody fucks with her. She looks over her glassses smiles really big and says Good Morning Mister Wilson! So good to see you! is there a problem?
he looks over at her and says uhnm No Mam. no problem at all. She smiles really big and says. oh Good. we have to keep everyone safe! wouldnt want you to get hurt before the big game today now would we? Russel just looks at us and blinks.
Cheri says you were just heading to the locker room? he says Yes Mam. im heading to the locker room. she says perfect. have a good game.
she never threatened him. she didnt have to. the way she said it, she had venom on her teeth and she was smiling the whole time. being nice as can be. but the message was clear, you dont want to fuck around and find out.
WB said it that way when it came to Bill Gates. same way Cheri said it to Russel Wilson.
hahaa. some people have that kind of charm and charisma. ya know?
she doesnt work out there anymore. she is the head of Microsoft Global Security now.
i nicknamed her “sugar pea” after that. hahaha. i still call her that when we talk. because never gets mad or makes threats. she is just sweet ad pie but the way she says things sometimes, you can feel that tingle run up and down the back of your spine like you are standing a hair away from falling off a 100 story building with out a parachute. so you just best take a step back. hahaa. we are still very good friends today.
she has a way with words. just like WB does.
one time some idiot was doing somrthing stupid. he starts yelling and she says smiles raises her hand and says, You know, i think we got off on the wrong foot here. i will tell you what. let me make this up to you.
im going to go the distance for you. im going to call to my travel agent Mr Smith. we are going to book you a first class plane ticket to a really nice suite at this extended stay hotel we have in cuba.
how does that sound?
the fuckin guy looks at her then me the turns around and ran for the door without looking back.
i just laughed so hard. she looks at me and says you hungry? lets go get some nachos.
In a depression, cash is king.
Berkshire Hathaway is already the largest single-family dwelling real estate agent in the country. If we go full-blown 1931, can you (or anyone) imagine the amount of property one could buy in a depression fire sale. I certainly can’t, but I know the number of properties and the discount would both be staggering…
George
Check ure e-mail… you asked for it… the start.
Stiks
Wait – were you on the committee boat??? We need to get you a telephoto.
We were ashore, a good 2k from the start. That was taken by a local person out closer to the line. It was cold and raining on and off and blowing around 25. Hardy folks sailing to a remote anchorage up the straight with no services and none have dinghies. Lots of raftups and plenty of beer and cold food. Aussie fun. It’s special here.
We stayed aboard and the harbor had about fifty small visitors. It is a race exclusive to trailer sailors. A yearly thing.
Stiks
The coming Caesar will be embraced. Oil shortages and prices will be lukewarm 10 years before french revolution.
L.A. videos of the week:
https://x.com/adamcarolla/status/2050692292839981495?s=20
https://x.com/adamcarolla/status/2050686999024320795?s=20
I’m starting to wonder how Mr. A.G. Kimbrough, who has to live in that area, feels about Spencer Pratt. The dude is certainly busting balls in the election ramp-up out there…
I live in CA because my grandkids are here, & I try to make a difference in their lives. Pratt & his videos are awesome! Too bad all the illegal voters may tip the election the wrong way, or they may take him out. These days, it’s the Dems way.
Two ICE Agents and a squad of NatGuard at every polling place would cure that nicely. Remember, the only thing that got Trump elected in 2024 was the RNC placing 200,000 attorneys on retainer, and training nearly half again as many poll watchers, to speed-dial the lawyers and the cops if they saw an irregularity.
Honesty works, but only if you’re diligent, and uncompromising about demanding it…
Mr. Buffets a really nice guy..knows his business but on a personality score he’s really down to earth and grounded…. his humor reminds me of my fathers humor. my grandkids just spent a few days in a b and b across the street from his house.. My son inlaw was the engineer making a big park there and the kids did some shopping..
its a different world out here. far away from all that kind of life back there. its really been an eye opener.
people are different out here. they live different. there is a few who come do their hitch and then go home to thier families where ever they are. but alot of people out here dont live by those rules.
i am grateful for my beautiful woman back home who is counting down the days till she sees me. and i do love and miss her. and at the same time im kinda of envious of the others who dont live by the same rules.
like one fella who got on the ship with me is staying until september. then in september he is flying to paris to go to a chef school for 6 months. already has his money for his apartment and school. just making his $84,000 to live confortably in paris for 6 months.
another from Montana is taking off to go to college in New Zealand to work on finishing his buisness degree after a month in the filipean for R& R. another is spending 4 months hiking around japan till his next hitch. another is headed to Austrailia to see a lady he met there. and a few are headed to thailand to live like kings for 3 or 4 months.
they are all american. they dont commute 9 to 5. they live anywhere in the world they want too. they all have stories of exotic women and fun times all over the world. one said i have a car in storage in berlin which actually has italian plates but i gave this german chick a ride home and stayed with her for 4 months and before i left to catch another ship i paid the storage at the airport for a year and parked it there, one in storage in south africa and a car in storage in Brazil. he said i have girlfriends in those places i go see once a year. and i live there whenever i want. he said i might just go over to Samoa, rent a shack on the beach and sleep in a hammock with a good book for 4 months. then laughed. i been thinking about it. then take off to new york city and see my sister a few days.
that is a freedom most people never have.
only the boss seems to know what actual day it is out here. i thought it was wednesday and so did 2 of my co workers and it is actually sunday. ahhahaa. and that is why he is the Boss. haha. at dinner we were all laughing about it and two people sat down and said wait??? its sunday! we thought it was friday! we kept saying happy friday to everyone on the ship.
kinda hard to get old when you have no idea what day of the week it is because it really doesnt matter at some point.
its a different world. that is forsure.
im going back home to my beautiful woman and driving truck mid may. its summer. time for car races, horse races, basball games and string bikinis on the river float. fishing and bbqs.
but i am coming back out mid october for a few months again.
all those fellas who live where ever they want, live by their own rules. dont vote, dont watch the news, dont give a shit about any of that stuff.
they all reminded me of a line from a song i have always loved.
“When you lose yourself? You find the keys to paradise.”
I Win with God within.
Be careful, sonny. The next thing you know, you’ll be driving big trucks by day, doing your best “Stiks” at night by building a cat or sloop in your back yard, and taking your honey out on the water on weekends to teach her how to trim a jib…
“kinda hard to get old when you have no idea what day of the week it is”
Perfect! Your adventure reminds me of my free-wheeling, schedule-less, RV boondocking years, where my only chore was to follow good weather. I don’t think people ever experience true freedom until they follow horizons, whether in the air, on land, or at sea. You and Stiks are doing it the wet way, although in a slightly different manner.
Gasoline is crossing the $5.00 per gallon barrier in MI. No Krakens seen.
$4.01 in Indy — $4.19-$4.69 in most places across IL-IN-OH-PA-KY where I’ve had to buy it (I haven’t hit MI-TN-WV this year, yet.) It’s still a lot cheaper than decontaminating NYC, burying a million corpses, and rebuilding $10tln in skyscrapers (which I STILL give us about a 40% chance of having to do, unless we get a LOT of guns to the Persians, quickly…)
Bankrupting our Gulf Allies!!
Don’t think I’ve seen it mentioned here but Martin Armstrong in one of his interviews (not in his blog) went on a real rant about how this War is bankrupting our allies in the Gulf.
Cash flow to Qatar … gone to ZERO
Cash flow to Bahrain … gone to ZERO
Cash flow to Kuwait … gone to NEARLY ZERO (Iran did let a couple of their tankers through the straits)
Cash flow to Iraq way way down, almost to ZERO …. other than the small pipeline through the Kurdish area to Turkey they can’t export either
And of course the cash flow to Saudi Arabia is down, exports down by probably 50% but with prices up they are still getting some money for oil but NOT for their petro chemicals which had become a large cash flow generator for them.
The only country doing well is the United Arab Emirates, which just left OPEC, because they have a pipeline across the country over to the Arabian Sea (bypassing the Straits) which they can use to ship their own oil out at the now higher prices.
What most don’t realize is that with the HUGE monthly cash flow of money coming in ALL of the Gulf States had BORROWED large sums of money for their development, paying those loans with the money they got from exporting oil, gas, refined products, other natural resources, and also from producing steel and aluminum.
VOILA now with NO CASH FLOW AT ALL those loans are now falling behind and IN ADDITION those countries no longer have the cash flow to PAY THEIR EMPLOYEES or the employees of the various businesses that were generating that cash flow.
Already heavily borrowered up … those countries are now scrambling for MORE LOANS to keep themselves afloat until the Straits reopen.
While Team Trump keeps trying to sell the world on the fact that our sanctions are bankrupting Iran claiming that will make them cave from where I sit it looks like OUR Gulf Allies will be bankrupted and unable to keep their economies afloat long before Iran is.
Remember Iran is STILL sending tankers out (the US Navy is refusing to put any of our ships within 200 miles of the Iranian Coast do to the Anti Ship Missile risk I have read in multiple places) AND still has heavy rail access to China with that new cross Asia rail route that just opened last year so they are getting some cash flow.
If you have extra money to lend the Qataris might want to be talking to you.