Bulls cannot be happy about this…

  Bulls cannot be happy about this. pic.twitter.com/NfFgOifsZe — Jim Carroll (@vixologist) June 17, 2021 Great reflation trade/steepener unwind well underway in Treasuries today. Post Fed 2-day curve flattening so far is sharpest since 2020 liquidity crisis. Some move👇 pic.twitter.com/6Wxgz50br2 …

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A Couple Things About Inflation

by Charles Hugh-Smith The higher they push phantom “assets” based on exponential increases in leverage, the greater the air gap between essential tangibles and fantasy. Inflation is in the news, but there are a couple of things about inflation that don’t get …

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