The cleanest market tell right now:
Stocks bought the ceasefire.
Bonds did not.
On April 8, oil had its biggest daily drop since 2020 and the Dow jumped 1,300 points.
By April 12, the follow-up U.S.-Iran talks ended with no deal.
That is the whole setup.
Equities are trading relief.
Rates are trading scar tissue.
$SPX $QQQ $GLD $USO
We're in the early stages of a bank run on the United States and the US dollar, and everyone on Wall Street is heading for the exits, including domestic investors who will exit not because they want to but because they know the Not-So-Golden Rule.
New on ET! 🧵
It’s so weird that you were somehow able to ‘retrieve’ two men who paid your boss’s family millions in crypto, despite their facing trial on charges of human trafficking, sexual assault, and sexual relations with a minor, all without invading Romania.
The same people who call the police when a kid is wondering around outside are the same ones bitching that kids are on their iPads too much.
A few years ago, I had a neighbor call the police for trespasssing because my kids were playing in the creek next to our house.
In which SecDef and NSA:
a) use fucking Signal to communicate our top secret Houthi war plans to the VP, Treasury, State and CIA,
b) mistakenly invite the fucking Atlantic editor-in-chief into their top secret chat group.
What a fucking clownshow.
https://t.co/cVe78PTHgL
LOOOOL at this point Sacks and Musk and Thiel are just putting shit in front of him to sign off on. Cardano, Ripple and Solana as strategic reserves for the United States of America. Can we please just start buying TSLA stock directly with our “DOGE savings” and get it over with?
Vance comes across terribly, even worse than Trump. Pointing his finger at Zelenskyy, belligerently demanding that he grovel on his knees. While Zelenskyy, keeping his voice low, displays admirable fortitude and self control.
"If you spend your time arguing with friends, family, and internet strangers about politics, then they have you right where they want you. Release the need to be right and get back to building your dreams."