Bulls are trapped, with 4,200 being the level of the greatest call gamma. CTAs are almost finished, VIX OPEX tomorrow, and OI below 17 is nonexistent. Liquidity is draining, QE fantasy is over, odds of more rate hikes are building, and real yields swing higher.
@JustinTrudeau You don’t care about everyone’s Rights and Freedoms of everyone ,you care about said things of those who vote for you and the rest of us you say a big **** off. Not surprising though coming from a communist descendant
@Wealthsimple WHY, no Tweet about what’s shown I the screenshot??? This is unacceptable and trying to place a Market order by phoning in, was on hold for over 47min before giving up🤬
BREAKING: Biden White House says tensions with China are ‘high’ right now.
Elections have consequences.
When global superpowers sense weakness, they pounce on the opportunity.
When global superpowers see an American president focused on men in dresses, they pounce.
So far, Pres. Biden has surrendered to the Taliban, removed sanctions on the Nord Stream 2 pipeline, and gotten rid of the China Initiative.
It’s a dangerous world out there, and it’s scary that Pres. Biden has another year-and-a-half to discover new & innovative ways to suck.
This is one of the largest seizures of cocaine by our Service in recent years.
The drugs, which were found in hidden compartments inside two different vehicles, were being transported from Vancouver to Calgary, where they would've been distributed across Alberta and to eastern Canada.
Total U.S. Debt by Year (Inflation Adjusted):
- 1920: $400 billion
- 1930: $300 billion
- 1940: $900 billion
- 1950: $3.2 trillion
- 1960: $2.9 trillion
- 1970: $2.8 trillion
- 1980: $3.2 trillion
- 1990: $7.2 trillion
- 1995: $9.6 trillion
- 2000: $9.7 trillion
- 2005: $11.8 trillion
- 2010: $18.4 trillion
- 2015: $22.6 trillion
- 2020: $30.7 trillion
- 2022: $31.5 trillion
On an inflation adjusted basis, it took the U.S. 224 years to hit $10 trillion in debt.
In the last 20 years alone, over $21 trillion in debt has been added.
Meanwhile, U.S. debt is expected to hit $51 trillion by 2033, adding another $20 trillion in 10 years.
Debt crisis is an understatement.
We are in the middle of a major energy crisis and it became significantly worse today.
This morning, OPEC announced they are cutting an additional 1.65 million barrels of oil production per day.
Here's why the energy crisis is our next major economic problem.
(a thread)
1/10
U.S. Debt-to-GDP Ratio by Year:
- 1930: 17%
- 1940: 49%
- 1945: 114% (WW2 Ends)
- 1950: 86%
- 1960: 54%
- 1970: 35%
- 1980: 32%
- 1990: 56%
- 1995: 64%
- 2000: 54%
- 2005: 61%
- 2010: 92%
- 2015: 103%
- 2020: 127%
- 2022: 120%
We now have a higher Debt-to-GDP Ratio than post-WW2.
Total debt in the U.S. is up by $8.2 trillion since 2020, to $31.4 trillion.
By comparison, it took 230 years to add the first $8.2 trillion in debt from 1776 to 2006.
Buckle up.
Go gas up—NOW!
Trudeau tax hike in gas kicks in at midnight. You still have time to fill up before he raises the price.
Trudeau and the NDP will triple the tax.
I’ll axe it.