Chris Carlson

[Super 70s Sports @Super70sSports]

Hey, I’ve got an idea. Let’s all watch Dick Butkus annihilate people for a minute.

[Thomas Massie @RepThomasMassie]

I just want a party that follows the Constitution.
Is that too much to ask? 🤷🏻‍♂️

[Super 70s Sports @Super70sSports]

There was always something a little heartwarming about the gentle way Mike Ditka imparted life wisdom to his players ...

[CAPTAIN CEEBEE 🏴‍☠️🐻⬇️ @Bears_Hype_Man]

The Green Bay Packers have yet to recover from this play

[John Stossel @JohnStossel]

Since WWII, the US has launched military attacks in:

Korea, Vietnam, Greece, Cuba, Cambodia, Lebanon, Libya, Iraq, Somalia, Haiti, Bosnia, Afghanistan, Syria, Yemen, Iran...

Has it worked?

[Wall Street Mav @WallStreetMav]

The US Treasury is caught in a doom loop. This is a problem that both parties in Congress have created by their refusal to control spending.

Investors have indicated that 5% is no longer a high enough interest rate for the risk involved. The dollar is being devalued and the US Treasury is selling $2 trillion in new debt each year. $40.1 trillion and climbing.

[Students For Liberty @sfliberty]

"Government cannot create a special privilege for one American, without simultaneously creating a special disadvantage for some other American."

[Charlie Bilello @charliebilello]

Death, Taxes, and Printing Money...

[The Kobeissi Letter @KobeissiLetter]

It's official.

As the bond market "meltdown" accelerates, the average interest rate on a 30Y mortgage in the US is up to 7.45%.

That's up +150 basis points in 6 months and the highest since 2023, when inflation was at 6.4%+.

What is happening? Let us explain.

(a thread)

[River @River]

The government's playbook since 1971:

1. The government spends more than it earns.
2. It must take on debt to fund the difference.
3. The Fed creates money to buy the debt.
4. More money makes every dollar worth less.
5. Everything gets more expensive.

[Dad Jokes @Dadsaysjokes]

Always say yes to a quick 30 minute drink with your buddy.

Those 90 minutes could be the best 6 hours of your life.

[Joshua Curtis @Deebo751]

@SVG__Collection 1991 was a good year:

[Melodies & Masterpieces @SVG__Collection]

September 24, 1991, 35 years ago today, was an absolutely insane day for music releases.

[Not Jerome Powell @alifarhat79]

Trump looking at bond yields this morning

[The Kobeissi Letter @KobeissiLetter]

Unbelievable.

3 hours later and the 10Y Note Yield is now above 5.20% for the first time in 19 years.

The 10Y Note Yield is now up +50 basis points in 30 days and +30 basis points in 2 days.

Even more remarkable is that the average American has no idea this is happening. Yet.

The bond market is imploding in front of our eyes.

[🎸 Rock History 🎸 @historyrock_]

Nevermind by Nirvana was released on this day in 1991, 35 years ago.

The album marked the end of one era in Rock History and the beginning of a new one: grunge.

[Not Jerome Powell @alifarhat79]

Bessent trying to bring down the yield curve

[Super 70s Sports @Super70sSports]

Nolan Ryan’s ERA was 3.09 the year the White Album came out. It was 2.91 the year Nirvana released Nevermind.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US M2 money supply jumped +$124.9 billion in August, to a record $23.34 trillion.

This marks the 28th consecutive monthly increase, totaling +$2.61 trillion.

YoY, M2 grew +5.7%, its largest YoY increase since June 2022.

This marks a sharp acceleration from +2.0% YoY growth seen in August 2024.

Meanwhile, since the 2020 pandemic, M2 money supply has surged +$7.85 trillion, equivalent to +$1.21 trillion on average per year, or +6.5% annualized growth.

US money creation is picking up speed.