
STILL N OF PIKE
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Everything posted by STILL N OF PIKE
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Let’s play devils advocate, how can this look morph into a torchy look (since 95%?obviously Hope it does this or that) to turn wintery
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Maximum leaf fall today . Just squalls of leaves
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Nah . Give it time . It’s up 7% in two days , there is no rejection ..it’s 20,820 currently (higher than this am and higher than the day before ...) . It moved up 3% today on a day nasdaq was down 2% that is a very impressive display of Strength Dollar fell and crypto soared . Dollar is nearish support and a Dollar resumption of a rally would be what rejects bitcoins climb . ECB rate decision tomm, PCE inflation Friday . Fed rate decision Tuesday . 25 K would be next level to really slow bitcoin if dollar keeps sliding more
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Awesome
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Movember coming up
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I’ve heard They don’t hate younger Fit men , who give them attention , know how to flirt and make them feel “excited and alive” again I could be wrong but lots of young women like the popular guys , then next stage they like the safer provider guys , then after they may divorce the former for cash , they like the younger guy “ That makes them feel Wanted attractive , excited and Brings then the big “O” . Kinda joking
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So what’s the latest with regard to the La Niña orientation, it’s strength , duration estimates and what it may mean for our winter
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I like AN days from mid October thru Mid Novie. Wouldn’t mind chasing a snow storm to deadbody, Vt but can’t complain if it’s 60’s
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Mortgage rates are tied to 10 year bond yield . The fed stepped out of treasury bond market after being the BIGGEST buyer for better part of 12 years . Then the government also ran tremendous deficits so the treasury also increased issuance Big time - so rates soared as the biggest demand left when supply soared .. so few buyers left basically willing to touch that long dated crap without a very rapidly rising yield to tempt them . So that’s what Yellen and the treasury are trying do do - which would at least keep the biggest market in the world from blowing out . Job market is tight and will be slower to see mass layoffs as it has demonstrated so far . In case casual observers haven’t noticed we have A *centrally planned * financial system . Dependent since 2009 on intervention ..fed bond buying to keep 10 year rate low . Now as we hike short term rates and inflation is soaring around the world at the same time the dollar has increased 20% this year (against others major currencies) other central banks are intervening to try and keep their currencies from weakening too much and inflation from rising ridiculously high . Turkey has 80% inflation . But with inflation so high there is no political capital for fed to save markets (not even the bond market which is most important to markets functioning) so the treasury is trying to at least stabilize them . So we have Had intervention here there and every where and everyone is waiting on what daddy fed will do and say so they can set the course for future price gains or losses in The major assets they influence (stocks , bonds , housing , commodities, crypto ) . Centrally planned financial system very hard to predict unless you assume there is no intervention and fed keeps hiking till something breaks . But the point was Yellen intervened in the biggest market in the world to lower the 10 year yield which is tied to basically all Asset price directional moves and is the heart of the global financial system . N nobody knows how much the treasury will continue to do this as it’s not been announced . GOOG and MSFT missed on earnings and guidance wasn’t pretty and they are each down 6% but fed can live with falling house prices and stock prices . They are literally trying to lower prices of everything to bring inflation down ..it’s not a great plan..but The fed can’t exist if the bond market (10x bigger ) blows up and goes illiquid on the long end So that’s really where the systemic danger lies
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Just a financial market update Treasury chair Yellen is trying to put a floor under the markets , good timing as the elections are coming up . She is effectively launching operation twist / Y.C.C via treasury doing an end around the fed . Fed chair bernanke did this in sept 2011 to stop 10 year bond rate from rising as they had cut off their artificial support of market in June and market fell hard so he had to prop it back up (which has basically been there for last 12 years ) Until the fed stopped end of last year and well rates rocketed and mortgages with it . Yellen Had been very vocal for weeks about illiquid (low demand ) treasury long end (10-30 year treasury bonds ) and now she is buying long end and selling high demand short end. That causes 10 year yield to fall which has a very strong inverse relationship on stocks and crypto and will reverse folks frowns from fixed income and stock losses of the last year if they have the ammo to do this past election . If not , back down we go . Back to your regularly scheduled programing . Was a great morning to go long crypto alt coins
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Probably The 13th Lawn Thread 2022
STILL N OF PIKE replied to Damage In Tolland's topic in New England
Big leaf drop this past week -
I had in July and was lucky that I had basically zero effects other than a runny nose for half a day (why I tested ) and then after that a staycation from work for 10 days
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35 KBED Sunny and 60 sounds very nice
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I’ll be there , my brother who has a slightly above average interest in the weather moved to ORH and I’m gonna try and get him to stop by . Hopefully will need to throw some snow tires on the YUGO by that time in December
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That 92’Nor’easter event was one that got me hooked on weather After that ...My friends in High school would come over and they knew what channel was going to be on in the background ... What a crap location I grew up in for big snows relative to the potential and nuiances nearby (just W And N of me was often the coastal front boundary (Norton to Brockton) , I was far SE enough to be porked by Rain and not close enough to enjoy any S Shore “circle jerk” snow enhancement . I think April 97’ was one of the few biggies I wasn’t bent over in
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N side of Raynham had maybe 3” I was looking at channel 4 news In the am after storm and the accumulation amounts they were posting in 128 belt and I would Keep looking to a different part of my yard wondering where the heck is all the snow hiding . Took a ride up diamond hill to go family sledding in Cumberland that day .. best gradient I can recall
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Excellent , Hopefully we can Get a big long fat pig
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Damnnn you are right . Thanks for the clarification
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Zappe is taking Mac Jones job .
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You with the fellas at electric blue , enjoy
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Euro says 1.75”- 3.5” QPF for most East of NYS with less PYM county and Cape and jack in whites
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Please give us some details ..maybe pertaining to the potential goalposts if we assume for a moment we get a substantial system
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Zzzz
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Ya went from Francestown to Peterborough . Really nice weekend day drive . Pure fall look, was yesterday as well .
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I took a few photos and vids in southern monads yesterday but I can’t seem to adjust them to fit (as usual ) areas of nice color just by crotched mountain area