The consumer is a ticking time bomb as people continue to draw down on their savings at a record pace to bridge the gap from the oil shock.
As incomes continue to flatline, debt delinquencies surge, gasoline inventories begin to deplete, the SOFR curve begins pricing in hike by EOY, the engine of the US economy (the consumer) is hanging by a thread.
I fear if we don't get the strait open in the next month or so, we will be staring down a major growth shock as these supply and demand buffers both tap out at the same time. In fact, I think it would be so bad that I view Trump crying uncle here as nearly inevitable as the consequences would be so bad otherwise.
It's like it's so bad that it's good.
We are running out of time, but the curve of inevitable resolution is non-linear since the consequences of not resolving it would be so negative.
There's plenty of reasons to keep playing musical chair in markets and the AI trades (I still am), but just know that things must get resolved very soon here and that we're hanging by a thread.
@shiuna_m when you passed it from one tongue to the other, and said with your mouths what you had no knowledge of, taking it lightly while it is ˹extremely˺ serious in the sight of Allah. - Surah An-Nur (24:15)
We kept mocking Muizzu and PNC for appointing retired MNDF/Police people to head SOEs.
Today, we’re dealing with the disaster that a retired MNDF/Police person, @mpgapo, is causing within MDP.
He should be removed and the party constitution needs to be amended to transfer some Chairperson’s powers to Qaumee Majlis.
Gapo left MNDF after Anni became president, saying he wouldn’t salute him. He’s always hated Anni and today he’s removing everyone he thinks supports Anni.
Walking VIP members through our most recent $BTC trade during our livestream last week.
Things played out extremely well for now. Great day for some profit taking.
Plan the trade, trade the plan.
#Bitcoin
@lujeinmv Hama 🐜🐜🐜🐜🐜 annany. Lujain men thihaa experience meehun mikahala status jaheema dhera ves vey. Hama jahaa iru ves eba ingey maadhama in feshigen recordings that leak vaan fashaane. Miadhu dhen celebrate kohlaa. 😁
$BTC update:
This is gonna be a cute close
Sun-setting bearishness unless we lose the range high at $104.7k
Don'
Until then it's a bullish chart again IMO which means I'll lean bullish again like I have been since the start of the thread