liquiditytrader.com/2025/08/06/jul…

📉 The Stablecon Skim — Hype, Skim, and Scam Tether (USDT): ~$120B Circle (USDC): ~$30B Total: ~$150B parked in T-bills At ~4% yield → $6 BILLION/year in free interest. And you? You get $0. 💸 Nice work if you can print it. wallstreetexaminer.com/2025/08/stable…

wallstreetexaminer.com/2025/08/market… We’ve reached the liquidity cliff I forecast 9 months ago. That was based on the round robin correlation between T-bill paydowns under the debt ceiling leading to massive issuance once the debt ceiling had been lifted. All has gone according to Hoyle.

wallstreetexaminer.com/2025/08/stock-…

Stock Buybacks = Shareholder Theft By Charles Harvey (Benny University), Anthony Turnbull (Rochester Institute of Technology), and Gerald Partridge Thomas (Burns & Allen University) ARSES Working Paper No. 7 wallstreetexaminer.com/2025/08/stock-… See the ARSES Journal abstract at WSE

liquiditytrader.com/2025/08/25/liq…

liquiditytrader.com/2025/08/25/thi… The S&P 500 has formed a well-defined pennant, with breakout direction set to determine the next major swing. Cycle projections point to xxxx short-term, and ultimately to xxxx later this year.  Cycle indicators suggest that the direction will be xxxx.

liquiditytrader.com/2025/09/01/pri… Primary Dealer Leverage and Hedging: Obligations, Repo, and Hidden Risks Behind Treasury Absorption Primary dealers are propping up record Treasury issuance with no cash cushion left. Every new purchase is repo-financed. Hedge funds are pressing shorts.

Cycles Are Directionless/Repeated Warning of Narrow Leadership - S&P was testing critical support at 6400 this morning as cycles remain mixed. Long-term signals are still bullish, but cyclical breadth weakness and narrow leadership continued the warning... liquiditytrader.com/2025/09/02/cyc…

liquiditytrader.com/2025/09/01/pri…

Adler Has Become a Permabull- Sell Everything and Move to a Deserted Island 9/8/25 - The Daily Stool - Stock Market Message Board - Stool Pigeons Wire Message Board capitalstool.com/forums/index.p…

September’s Treasury data shows headline revenue strength masking a deeper slowdown. Real growth is flat once wage inflation is factored in. Tariffs are propping up receipts even as they squeeze corporate profits taxes. The End will be merciless. liquiditytrader.com/2025/10/07/tar…

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wallstreetexaminer.com/2025/12/qa-why…

Q&A: Why the Death of AI Is Not Only Inevitable, but Almost Here: wallstreetexaminer.com/2025/12/qa-why…

This started when I saw a new Fortune headline claiming that AI is “wiping out jobs.” As a heavy user of AI, who is well aware of its fatal flaws, I have found these claims to be patently ridiculous. So I asked the AI itself  whether it was true. wallstreetexaminer.com/2025/12/the-ai…

Reminder- What does the stock market have to do with the economy? Absolutely nothing. Economic data does not drive the stock market. Hell, half the time, it's not even right, but tax data is a fact. liquiditytrader.com/2025/12/03/fed…

liquiditytrader.com/2025/12/11/qe-… QE, By Any Other Name is Still QE The Fed announced it will buy $40 billion per month in T-bills under something it calls “reserve management purchases.” This is QE in function and effect. The reserve requirement is zero; therefore “reserves” is a delibera