Plunging bonds. Soaring interest rates. Yeah, that’s going to be GREAT for the economy.

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The next twenty-four hours are going to contain the final burst of planned excitement for a while. This comes in the form of a triad:
Apple, of course, is the largest company in the universe, and although they are far too old, large, and lumbering to produce any real profit shocks, they’ll surely trot out something – – anything!! – – to goose the market, probably in the form of something which USED to be illegal: that is to say, a huge stock buyback. I mean, face it, the incremental improvements to the iPhone have become a joke, so they need to take a different tack.
(more…)Well, it took a while, but I think I finally got it through my skull what crypto is really all about.
