Screwball

Michael Burry of the Big Short fame seems to be pretty ballsy from what little I follow. To the short side. I don't get it right now. We know the pigmen of WS make money no matter if stuff goes up or down, or in the end, get bailed out. There always two sides of a trade That is nothing new. Been like that since there were markets, bucket shops, and leverage. But nothing like this in a different way. We are talking massive amounts of money today. We have 3 IPOs coming that may generate trillions (with a T) of liquidity (not sure what to call it or where it's coming from). A trillion isn't much less GDP of Saudi Arabia. At least they have oil.

Bonus chart porn. This goes back to 1995 of the S&P 500. The two humps around 2000 and 2008 are the two significant crashes. The Dot-com of 2000 and not sure what to call the one in 08. I'll just blame the banks. 🙂 Funny how the two bubbles peaked around the same level. Then there is this... Some call it a hockey stick. Some call it other things. Exponents are a bitch might be one. Let's gas this prick up with a trillion dollars worth of IPOs. Yea, that's the ticket!

Once we price the upcoming trillions from our biggest AI companies and get our 50%, when do I get the check? We gotta be rich, right? We are talking billions if not trillions of IPOs. That's a **** load of money.

Wow! A blast from the past. One of my favorite stock from back in the day. Another example of missing what should have been an obvious trade. Data centers - construction - CAT. Chart porn for proof;

How does anyone manage their money in a smart way when **** changes all the time? And this **** didn't start last week, or last year. Plus, the game is rigged. When our retirement accounts are locked into whatever deal we have, we can only manage that to a certain extent. Sometimes very limited. For example; only particular index or mutual funds. Doesn't really matter what they call them - a basket of whatever - weighted a certain way. You can only change them every so often. We don't have enough choices to protect ourselves. As you get older, or retired like me, they call it capital preservation. Now might be a good time.

This is a good read but you can't get all of it. Most, but not all, but enough. Monopoly Round-Up: After SpaceX Goes Public, Does the Stock Market Finally Fall? FTA; It's almost like the casino is rigged so the pigmen win. No! Tell us it ain't so.

The optics today can track a baseball to a few thousands of an inch from many feet away, and then digitize the trajectory in milliseconds. You ain't that good.

I have had the time to play with it over various venues, some good, some not. It is obviously better at some things than others. I seems like a souped up search engine - or maybe they just filter out all the adds and monetary ****. 🙂

They work fine now. Something did change, and probably on my end. I used to be able to see the image in the tweet or whatever you call it, now just text. Once in, neat chart porn.

$9 Trillion Collapse Machine - About the AI stuff.

I'm getting a bad link to both above, but I'm not sure why. For some reason I'm not seeing tweets in Firefox anymore for some reason.

I don't know how it will shake out this time. It might look totally different, but the old saying applies; history doesn't repeat, but it often rhymes. Given the massive amount of money we are talking about, someone's balance sheets will suffer. Why not make it banks so they get bailed out again? They are the lead underwriters in this massive bubble but have no money. How much leverage? Read this today from a Toledo News channel; $10B data center campus planned for Van Wert, bringing an anticipated 1,500 construction jobs FTA: In the end, 200 full time jobs. Then there is this; To the bold; we'll see about that. While the quest to build data centers on every corner it seems, which consume massive amounts of energy (and water), we have a wee little energy problem as well. And from Exxon CEO; We're about to make 1970s-style energy shortages great again. Few understand the history, but it wasn't the OPEC oil embargoes that created the infamous gas lines in the 1970s. The real cause was the price controls implemented by the federal government. The artificially suppressed price led to excess consumption relative to supply, which ultimately gave rise to physical shortages. Today, we're repeating the same mistakes, albeit with a different mechanism. The coordinated market manipulation of SPR releases + Axios fake "deal" news headlines have artificially surpressed prices below the demand-destroying levels needed to ration supply. In the absence of this natural market functioning that balances demand with increasingly thin supplies, we'll eventually hit tank bottoms across a whole range of energy products, with the same end result of economy-crippling supply shortages. Bottom line: the inability of the Trump administration to tolerate higher prices today means supply shortages are all but guaranteed tomorrow. **** It's not only oil, but other distillates, fertilizer, and anything else that moves through the SOH. **** I asked AI about the IPOs and what changes were made and by whom; So we are going to IPO 3 large AI companies in the face of an energy crunch. What can possibly go wrong?

A good example of how crooked and ****ed up our "market's" have become. This is no longer about price discovery by all, it's about forcing people into the meat grinder ran by the pigmen of Wall Street to separate them and their money (via their funds). Greed is good. Great movie by the way.

And it juices the **** out of the market - what's not to like? They got to pump out these IPO's before the commodity inventories and supply chains beat us with a board. There is nothing good in our underlying economy. The numbers (if you look past the headlines) are not good. And guess who will hold the bag. Watch your 401k holdings. Add in the inflation due to energy and everything is in place for a problem. Watched it before. 2007/2008. Started with $147 dollar crude (July) to the impending crash. I know I'm a broken record that hasn't been right yet, but this is the biggest bubble they have ever blown. All we need is a pin. Maybe a rocket?