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It’s a terrific day so far (and it’s been a while since I’ve been able to type those words). I am particularly pleased with the emerging markets bond fund, which has been a true “old faithful” and which continues to work its way toward what I think is going to be a spectacular failure.
Good morning, everyone. I got up extremely late (6:20 a.m.; I have no ideas why my dogs let me sleep in) so this is going to be super quick. I can just say this: it is such an absolute delight to wake up to this:
It has been heartening this week to see that bonds are, at long last, started to weaken again. Looking at the intraday chart, you can see the breakdown, particularly in the form of lower highs.
