STILL N OF PIKE

You can simply have politicians and news agency’s report This large contributor to inflation , to raise awareness . People respond to the news cycle and often act how they think will be viewed favorably. I don’t know that corporate greed is in most people’s decision set if you asked them why they were paying so much more for some items . If it was ..anger toward corporates would be all over social media . When people are mad , they organize and protest , look at France right now . That either puts tremendous political pressure on Corporates (who are trying to make as much money as they can , that’s not their fault) , it’s just that the media and regulators make it so damn easy because They do nothing / say nothing people don’t even have *corporate greed* in their decision set as to why they are paying more for food and energy . They think it’s simply “supply and demand “ and they will waive their hand and bend over no matter what the prices get to.

Good article about how corporate greed and collusion Across multiple industries is driving inflation (not wages) and basically using people’s ignorance (helped by regulators / politicians and media simply Not reporting it LMAO) . Margin expansion in food and energy profits during a time of Increased input costs to companies speaks greatly to their ability to price gauge items that are necessities (food and energy) so much that even thou the companies costs are rising they have had the “pricing power” to record record profits (very hard to do ) . Just simply raise the prices much higher than inflation justifies and count on the public having busy lives , no awareness that large protests would motivate governments to actually regulate the price gouging and basically all possible because the corporate news outlets simply don’t report it (raise awareness ) and politicians simply don’t protect consumers (they like watching their stock portfolio benefit) . It’s just people going hungry and cold , for all the woke SJW millennials it’s too bad they take their cues from large corporations pretending to care More about diversity (than they do) or carbon footprint (to virtue signal and profit from more expensive alternatives ) Instead of actually uncovering something genuine that would change things for the better of awareness was raised https://amp.theguardian.com/business/2023/mar/12/global-greedflation-big-firms-drive-shopping-bills-to-record-highs

And how much needs to be rolled over at 5% rate in next year .

Looks like she still has a few brain cells kicking around after yesterday’s brain dead remarks, she “clarified “

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Fading

I think there is a case to be made the banking stress / panic amongst Large depositors at smaller and regional banks (well above FDIC coverage limits ) will be a clear catalyst for economic pain coming related to the commercial real estate sector , large developers and small business owners Janet Yellen yesterday tanked the stock market when she commented that they are not considering raising the limit on depositor funds that the FDIC will cover if there is a bank run on deposits (on smaller and regional banks) **these banks have seen tremendous outflows of wealthy individuals (depositors $ with well over the 250K fdic insurance limit ) To the tune of several billion dollars . Regional banks had used these deposits to FUND new Lending . Regional banks loans lend hugely to the commercial real estate industry and to small businesses. Across the board loan officers at these banks , are losing deposits and on the defensive ..curtailing new loans and hording deposits . Unless outflows can be reversed and the *threat of continued outflows calmed * this is going to have a very significant effect on those industries and folks dependent On new regional banks Loans and will also encourage a further consolidation of the banking sector and a heavy drag on new construction https://www.cnbc.com/video/2023/03/15/banks-pull-back-on-commercial-real-estate-lending.html also Rick Reider (excellent) touches on this after 2:10

Maybe we can have a gfs outcome , MA weenies would love the melts here If 0z gfs verified

Thanks we have 140” of clown snow in Nashua ..I’m feeling real good about this one in late March

I mean you only need to look at any model from last 3 days and these late developers favor Maine . They all bury N Maine . N Maine Especially over next week then down into foothills 28’th . On Thursday they are basically only place that is Snow .

Gfs had primary stronger and more NW

My guess is many employers are forced to care what their employees may tweet these days , since many millennial folks are so apt to play “gotcha”

I learned that a winter of 32.5-33.5 F snow And putrid 925’s doesn’t accumulate well on the CP the majority of times , even if every clown map shows it inside 48 hours . Most times it doesn’t work out , sure there are exceptions . Just I wont forecast counting on them , even when the weenie hoopla reaches a fever pitch as the clown maps roll in one after another and everyone cries when you forecast lower .

Maine certainly looks to get crushed . If lava rock is on the north side of those L.P tracks his 700’ + could serve him well

NNE elevations are getting smoked and probably CNE as well thou the elevation needed will most likely be higher than what the seasonal gradient has been

That nipple low over electric blue really was something

Regional banks still in turmoil from Serious risk of more panic flight of deposits into “2 big 2 fail banks” Last nite , Regional banks requested the FDIC ensure all their depositors for a period of 2 years that may need to be done Fast , but of course that added FDIC insurance (must be paid for ) and comes at a cost (fees ) to depositors In all likelihood The Fed in conjunction with several other central banks set up emergency swap lines to make sure global financial institutions had access to dollar funding . Seems folks are big time spooked . The funny thing is..all the financial engineers have destabilized the financial sector in the last few decades to a point that would probably make folks uneasy if it was spelled out , but banking is a confidence game ..so that is a no no and besides these institutions have actually been incentivized to do so by being bailed out and having former executives as regulators My guess is fed wants a deal done ASAP to ensure deposits fully for 2 years at regional banks to stem the panic for a while and also be able to raise rates 1/4 one more time to fight inflation and save face there , otherwise how BAD do they look at their press conference Wednesday when their own SF fed branch was suppose to oversee the SVB bank that failed and also had SVB ceo sitting on board at SF fed . I mean ...cmon

Looks like every other snow map this winter . Uncanny

I.E Man snow

Jackson Hole has a sneaky 515” on the upper mountain this year . Wolf creek leads Colo with 415” Az Snowbowl with a impressive 338”

Philadelphia-snowless winter wow (.3”) Beckley (9.8”) averages 52” NYC 2.3” Bridgeport 5” ya...

I can’t believe the totals the greens wound up getting , from S to N ..and including the dacks .. what a impressive amount of moisture that pushed North

We had a few bumps in October when Rising yields blew up some things in the uk, the Japanese had to intervene to support their currency , and Janet Yellen was monitoring “liquidity in treasury market” then the dollar peaked and reversed and so did yields and with that financial conditions loosened and we rallied . So much so in Europe that the German stock market hit all time highs (all during weak Marco economic conditions) around that same time China stepped in and added massive liquidity to the global financial system. I guess my point / ramble is that it’s very unpredictable when certain crisis hit , but that rising interest rates and if and when the dollar and yields rise again ..all create the backdrop for the next financial crisis . Officials always pretend these are rare , but in reality fed tightening cycles almost always bring them about , just never know when . If inflation was more subdued the fed would cut rates . I’m shocked more hasn’t blown up .

Bad week for banks . Banks borrowed 164.8 Billion from the Federal Reserve , up from ..wait for it ...4.58 billion last week . This broke the all time weekly record from the 2008 Financial crisis Of 111 Billion. The Story is probably not over . Also of note , SVB that is..umm “stumbling” and started the “panic” was supposedly regulated by the San Francisco regional branch of The Federal reserve and SVB former CEO Greg Becker was quickly removed From the SF Fed Board of directors . In addition and related to the federal reserve and monetary policy , many thought the fed might pause rate hikes or even lower them in emergency response to the banking “issues “..the European Central Bank thru a little cold water on that idea (the “market” always wishes and begs for a story line to get back toward cheap credit/ rates) . The ECB raised rates ..as formerly planned ..even in the face of their own issues with credit suisse due to their continued inflation fight . Meaning the US Federal reserve would lose credibility as inflation fighters if they were to not hike 25 basis points and assets would likely respond accordingly (up)