url And as it happens, TM just posted a video on this same topic: url

Now that we know employment numbers have been fudged - are you going to trust GDP data?

The first rate cut is going to confirm recession is and has been here.

Verbal intervention the other way, after realizing they screwed up badly - who knew?

JD Vance became a senator in 2022 with Trump's full endorsement, after tossing his salad. I don't recall Dimon ever being critical of Trump to the same extent Vance was - in fact recently he was shall we say complimentary for lack of a better word: ...

Of course Jamie will get the tap - "he said very nice things about me".

Such is the human nature, sadly. I bet there are climate change deniers even in Venice.

What a meaningless picture. The odds of winning for those who are not placing bets are 0.

What a fascinating (and depressing, to me) topic, on the eve of American Independence Day. You should dig a bit deeper than the first paragraph and see this quote further down (the bolding is mine): The key difference here is civil versus criminal ...

Witches are not real, his crimes are very real, well documented, and substantiated with evidence.

Oh look - Powell spoke, the market surged. Rinse, lather, repeat.

All Biden needs to do now is make an official executive order banning Trump from running in this election - it's going to be fully legal under this ruling.

What makes any of you think BOJ's interventions have been ineffective? They spend a small fraction of their dollar reserves on it, they short UJ fast and furiously and then unwind slowly and gradually, for a hefty profit - and then end up with more ...

For that much money with so much horsepower, I'd expect the car to be also convertible to an airplane, or submarine - or both! Alas, and hopefully Jay Leno's garage has an elevator in it.

What is this steaming pile of shit and why is it on FF?

I would also say there was a psychological benefit to the intervention because it has raised the risk of staying long around the levels of the last intervention (just think - do they have another $60B to stage another one?). Complacency didn't work ...

Why is it a failure if it stopped the speculators from shorting all the way to 160 and beyond? $62B is nothing for a central bank of a developed nation, they probably made money on this trade too. Then the article ends with this: That's funny, in a ...

What's the point? They have harems and breed like rabbits, there is probably a chain of succession of equally savage brothers/cousins.

In the meantime, keep calm and BTFD!

url You should read this though it's a bit dated. Retail traders don't move markets as liquid as FX, and I dunno about you but it feels like $175B is a nice enough purse for an intervention. But you do you and stay short.