Wow. NASA really dropped the ol’ ball, eh? Private enterprise beats government bureaucracy once again.

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Wow. NASA really dropped the ol’ ball, eh? Private enterprise beats government bureaucracy once again.

Gosh, if you listen to all the airheads and numbskulls crowding our nation, I thought California was “a disaster” and everyone was fleeing the state? Guess not.



I have harped upon the symbolic picture of the new macro since 2022. That was the year that the trend in long-term Treasury bond yields was broken in a fierce rebellion by a bond market that had enough of the previous decades of monetary and fiscal chicanery.
It’s over folks. What was – a disinflationary continuum in declining yields permitting the Fed and government alike to print/bailout/inflate at will – no longer is. Period.
