July 2024 DDD

[ducati916]

jog on
duc

 

[ducati916]

The US national debt – the total amount of Treasury securities – rose to $35.00 trillion, according to the Treasury Department on Friday (rounded to the nearest billion: $34.998 trillion). Since the beginning of the year, in less than seven months, the debt has jumped by $1.0 trillion. Since January 2020, the debt has ballooned by 50%.

Mr FFF





Full: https://www.bloomberg.com/news/arti...ors-dump-record-amount-of-us-stocks-and-bonds



LOL.

In May USD:



Fell.

Currently falling (well not today)

And of equal importance:



Yellen is issuing huge gobs of Bills (short term).

A Bill with a duration of 3mths is almost = to cash or pure money printing. Of course paying the interest currently accelerates the interest payments value, necessitating ever more debt...hence why we are now through the $35 Trillion mark and accelerating.

OMG



WTF?

Was Thursday a short term bottom?



Possibly, certainly that thought is bubbling in the background.

Certainly with the probabilities of rate cuts, Bonds are catching fire:



Must differentiate between a trade and actually holding this POS.

With inflation ramping up (on the quiet) holding bonds is simply setting your money on fire. As a trade, sure jump on board. Thing is you really need to leverage this trade 50:1 at a minimum, far better at 500:1 (Hedge Fund territory). The difficulty is getting out if something happens.

So bitcoin:

The Bitcoin President

Donald and Kamala learned the only thing you need to know about crypto this weekend

www.downtownjoshbrown.com

Bitcoin Tumbles Below $67K as U.S. Government Moves $2B of 'Silk Road' Tokens

The government is the owner of about $12 billion worth of seized bitcoin, according to Arkham Intelligence.

www.coindesk.com

jog on
duc

 

[ducati916]

Most stocks are ho-hum. MRK, NVDA and PG all getting taken to the woodshed.

Mr FFF




Still in the box?


Off to work

jog on
duc