Frank Zappa🌹
"Il sistema scolastico è progettato per trasformarti in uno strumento utile. Non ti insegna nulla di veramente importante, ti fa solo memorizzare cose insignificanti che il 99% delle volte non ti serviranno mai nella vita.
Se vuoi essere indottrinato, reso
🔽
@gr_grim è da ignoranti pensare che chi si è inventato il design di quell'oggetto e la qualità che lo rende così, ma come una Ferrari o un orologio di lusso, pensi che il valore sia dato dal peso e dal costo all'ingrosso dei materiali.
Se non fosse stato inventato non avrebbe un costo
WHY DONALD TRUMP WANTS THE MARKET TO CRASH
….in the short term ⬇️
This chart below sums up the reasoning behind what the current adminstration is doing and why it is having adverse effects on the market.
Kris @KrisPatel99 did a great job today explaining this more in depth on the market open & I think the thesis checks out:
1. We have $7T of debt we need to pay in the next 6 months…if we don’t pay it, we’ll have to refinance.
2. The Trump admin does NOT want to refinance at a 4%+ rate…the 10yr at one point this year was 4.8%.
3. How do you get the 10yr to come down? Markets need to show weakness in growth, DOGE has to be perceived as actually working, interest rates need to come down.
The way to do that is to create massive uncertainties — aka tariffs — which can slow down growth in the short term, get the bond market to start BUYING bonds ASAP because of how scared they are of touching stocks (causing yields to fall which is what we need to refinance the debt) and then that gives the Fed the authority to lower rates which continues to bring yields down.
So, although conventional wisdom says tariffs are inflationary and the 10yr should be spiking on more tariffs — it’s actually going down because its bringing so much uncertainly to equity markets that people are selling stocks and buying bonds!
Which is exactly what the Trump administration wants to happen in the short term in order to bring refinancing costs down.
Short term pain for long term gain?
@Criv81 ti seguo da ieri, prima non ti conoscevo. Grazie davvero, apprezzo tanto i contenuti quanto il modo in cui li esponi. In questo oceano di cacca serve sempre di più una bussola ;)
Episode 1 of the Primus Interstellar Drum Derby is now on Youtube. Head over to watch the full episode and stay tuned for more episodes and cameos from special guests.
https://t.co/DGpswR1Sdn