All I can say is that it’s about goddamned time. After screwing around for the past week, BTC finally broke its trendline. Here’s hoping this is the start of something much, much bigger, as I have multiple positions based on this sucker plunging.
I wanted to commemorate a full 30 days passing since my solemn pledge to not talk smack about your hero. I think I’ve done an admirable job (plus it saves me a huge amount of typing and emotional energy).
I was actually amazed to run a poll and discover people PREFERRED when I was bloviating constantly, but a pledge is a pledge, and I’ll simply go on being boring and talking about charts and dogs until 11/1.
Yesterday’s CPI was somewhat of a yawner (inflation coming in a little hotter than expected), so I didn’t expect much from the PPI. Well……….
That’s right: annualized Core PPI is at 12% and month-over-month, annualized, comes in at 16.8%. Hey, didn’t the administration say inflation had been conquered? I guess not.
(more…)I found this awfully touching…….
We all count on Microsoft more than any other entity on the planet, right? Right?
