FINANCIAL GRAVITY:
If we divide the performance of the S&P 500 by the Fed’s Balance Sheet since the GFC, the LINE IS FLAT.
This means that there has been basically NO REAL growth in stock prices since 2008- with the only rise in prices due to money printing.
The correlation coefficient between central bank quantitative easing and the price of stock indexes is nearly 1.
The money printed by the Fed, because of the structure of the Open Market Operations, is plugged directly into the Treasury markets, and from there, flows into equities and derivatives.
This has served to primarily enrich the asset owners, financial institutions, and wealthy elites who own the majority of the stock market anyways.
The entire rally has been an illusion, financed by the Fed and maintained through QE.
In the black expanse of space, many things are not what they seem.
$EWZ
"Brazil: The new gold?" - Bank of America
I wouldn't say that at all. There are some clear structural issues in Brazil.
But I would say the reward massively outweighs the risk.
I think many underestimate how much value Brazil may capture from the AI revolution. It's a mineral intensive industrial transformation.
GPUs, Cooling, Humanoids, Precision Motors... you name it. They all need huge amounts of critical minerals of which most are held in China.
But...Brazil is the next largest rare-earth reserve, and for many it's the best non-chinese rare earth hedge out there.
Long Brazil 🇧🇷
The killing of Alex Pretti is a heartbreaking tragedy. It should also be a wake-up call to every American, regardless of party, that many of our core values as a nation are increasingly under assault.
Thank you America, thank you for your support, thank you for this visit. Thank you @POTUS, Congress, and the American people.
Ukraine needs just and lasting peace, and we are working exactly for that.
Thanks Fat Freddy's Drop for spending 1,253 minutes with me in 2022. I couldn’t stop listening to Blackbird. #SpotifyWrapped https://t.co/ChSdcJCkP8 @fatfreddysdrop1
I'm helping three friends of mine to switch careers and I wrote a little story about it. #careers#tech: Starting in Tech (for Non-Tech People) https://t.co/wuStmSfXnF
A little math:
168 hours exist per week.
90 hours of work (as Jarred has reported)
8 hours of sleep per days
----
Leaves 22 non-work non-sleep hours per week or a little more than 3 per day. 3 hours for eating, chores, and recreation.
Best of luck to those who take this job.