I generate free cash flow day trading pump and dumps for a few hours each day using very simple technical analysis and risk management.
I grow my wealth with an ever evolving macro viewpoint.
My entire goal is to predict the future, and so far I've done pretty well.
"Markets are paradoxical"
-@hendry_hugh
An export ban would collapse the U.S. diesel crack, especially on the Gulf Coast, because the extra barrels would have nowhere profitable to go. Storage is limited. Once tanks fill, the only remaining choices are to sell at a distressed domestic price or to process less crude. Most operators would choose the second. That is why industry groups and analysts keep saying the same thing: a ban that looks like “more diesel for Americans” quickly becomes “less total fuel from American refineries.”
When both sides of a two-party system stray further and further away from centre, and when the competition is basically a coin flip, a viable third party's objective is to scare one or both sides into coming back to the centre for fear of losing valuable deciding votes to a third party.
@MarioNawfal It's a mirror finish, not a transparent finish... For someone to "smash into the passenger door", it would appear as though they're crashing head on into themselves, not a "landscape"..
@GeorgeGammon I think this long yield breakout is option C. Less about growth/inflation, and primarily about demand for term premium. The reaction to the Treasury doubling down on buybacks tends to confirm this. It signals that higher term premium is justified, so higher it will go.
@PeterSchiff Doubling down on the buybacks is a strong signal that the recent breakout in long yields is primarily a term-premium driven, so the more they increase the buyback program at this point, the more they signal that higher term premium is justified.