Interesting question, so I asked Chat. The difference is <$500 in total. Which, for an instrument with a 3x volatility is particularly...shit.

Ask yourself why someone would pay 11.25% to buy an asset with a 5yr CAGR of 5%? Well, the reason is obvious: he can't borrow cheaper and he thinks it will be higher in future. But lenders don't. Irrespective of what the future CAGR will be, 11.25% is a high bar. The higher

What, they needed the Epstein files to discover that? What's new or surprising about that?

SPX +0.6% QQQ +0.95% TLT -0.3% GLD +2.25% IBIT -2.5% Does not take a genius to spot the runt of the litter. And it's hardly a 1 day thing. It's been going on for months.

So, the real question seems to be: can $BTC trade negative?

So, they have arrested Prince Andrew on suspicion he sent confidential trade reports to Jeffrey Epstein during his time as the U.K.'s envoy for international trade. It makes far more sense to me that it was a network for insider trading than a pedo sex ring: everyone loves

Amazing how the SPX bears manage to fumble the ball on the 1 yard line every time. You can set your watch by them: if it's 3:30pm, it's time to buy. The signal will come when it's no longer so. That will be real money, not the thousands of 1 lot merchants.

Correction: either he has leaked this to the WSJ to pressure Iran into a deal immediately, or it's bollocks and the WSJ is looking for clicks, while having no clue.

Nicely put, Gorsuch.

If you can see any value in the entire US govvie curve (even before SCOTUS ruling, but especially after..) you are a better man than me... It's all crap value, imho. Stay away.

How the f*ck is that a scoop? He has said it publicly dozens of times, as has Hassett and a variety of other officials. About as much of a scoop as Allies winning WW2.

For the love of God, someone switch off his mic. I can't take his bullshit anymore.

Not particularly. I just love the English language and object to it being buggered up the ass by him.

I'd like to congratulate $BTC on its second successive daily green close. Only down 1.5% on the week. I'd bet on the first weekly green next week after 5 successive red candles. Nature is healing.

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TEN TRILLION DOLLARS of existing US gov’t debt needs to be refinanced in the next 12 months. This spells more trouble for the out-of-control federal budget in which net interest expense already accounts for 14% of federal spending and is growing rapidly.

If people can’t sell their oil, they need to 1) Sell their USTs 2) Sell their gold 3) Don’t have any money to buy Bessent’s bonds (hence auction results) It’s not about inflation It’s also not about growth re-rating higher. ITS ABOUT LIQUIDITY Which is also why swap spreads

You are not bullish enough. The trucking market is an 11 out of a 10 right now, with some the strongest charts since COVID. The resurgence of the US industrial economy and manufacturing renaissance is real, along with tightening capacity. I told Bloomberg Open Interest that

“Many of the 13 military bases in the region used by American troops are all but uninhabitable, with the ones in Kuwait, which is next door to Iran, suffering perhaps the most damage.” -NYT just now First MSM admission I’ve seen of this fact

I think Iran knows they can win the war just by surviving long enough for Trump to surrender by claiming the biggest victory in the history of war. They know Trump will ultimately be guided by poll numbers, oil prices, the stock market, and the U.S. economy, not Iran's position.