[spdrun]

If it means that the US will have to re-evaluate their spending and stop deficit spending to finance endless war and incarceration of 1% of the public, here’s to higher rates. I’m not a patriot in the sense of needing to live in a country that’s top dog militarily. Let the Chinese run the world for a time and go bankrupt playing Whack-a-Mole.

Also, the cost of mass incarceration combined with a recession in 2008-10 was the slap in the nose that got more liberal states to re-evaluate their drug laws, bail system, and general sentencing policies. A good thing — without a bit of pain, there’s no gain as far as social justice.

[spdrun]

S&P, DOW, and R2K are still below record highs, only NASDAQ broke records today. Let’s see what the song will be after the Fed hikes again next week. Rooting for 10y to break 3%, and maybe 4% by the end of the year. 5-6% 30 year rates will be nice if they push people with ARM HELOCs over the edge.

[spdrun]

/

[spdrun]

And why would you want to work 60 hours a week with no vaca week-in, week-out? Life is not a test of manliness. I’d rather be in a supported environment where I can be straight average and still be comfy.

[spdrun]

flu —

socialism? What about people who just want to work 40 hours a week, have guaranteed time off, not have to worry about budgeting for unexpected health expenses? It’s not bad for the average worker-bee who can enjoy life without stressing on things like health insurance and the value of their IRA.

Mobility indices tend to be higher in “socialist” Europe than in the USA. Wonder why that is?

U.S. lags behind peer countries in mobility

[spdrun]

Good. Hope rollout of 5G in the US is slow, painful, and fraught with problems. Frankly, ubiquitous Internet access has taken away more in privacy, free time, and time to think than it has benefited the average American.

[spdrun]

The Hope Hicks Effect? Last sane person leaves a sinking swamp barge?

[spdrun]

Over 5% by the end of this year would be great — force ARM HELOCers to sell.

[spdrun]

Nah, stocks got screwed hard (down almost 20%) just before the Nov 2016 election. Personally, I hope this dump portends greater things, sort of like in summer of 2007, a year before the massive 2008 chaotic opportunity. Here’s to chaos, and opportunity.

[spdrun]

DOW was up. S&P was barely flat, NASDAQ and R2K were down.

Hopefully the peaks in Jan 2018 were the peaks till the next dump.

[spdrun]

^^^

That’s not a bad thing — there’s no reason why CA needs to pay to support states that are frankly ungrateful. It would be better if the US did not exist in its present form in a few decades.

[spdrun]

Why wish for a crashing market?

Because a crashing market would scare the sheep out of ALL investments — great if you have cash.

Also, a hard market crash before the 2018 election would guarantee House and Senate turning blue, and maybe Trump impeachment. Should be fun to watch if it happens.

[spdrun]

… or to follow each other closely in “platoons” under precise automated control. Closer following means less air resistance for the rear vehicles.

[spdrun]

She’d be prettier if her face didn’t have pure hatred stamped on it — she looks like she’s about to go on a shooting spree herself.

[spdrun]

Yeah, like what? Like an old “duck and cover” nuclear war drill?

[Author]

Posts