More like 200k ish

China included: serious consequences for macro
China excluded: nothing burger

Bessent is having fun with the market, just having rumous of a 1tn$ intervention is enough to scare everyone away

We don't hear anymore the people saying July was the bottom of the AI trade

If Bessent goes a bit overboard with the sanctions the market is going to turbo nuke

Hopefully we get a meaningful pullback on Gold following the sanctions announcements; feels like everyone is hedging and it would be best if we avoided a worst case scenario

How about we cut demand by roughly 3x?

^

You can add to the list of unfollow everyone who said Bessent was a smart guy who had his seat at the table with the bests

Couldn't agree more; it is especially wonderful if you can enjoy during the week, weekends tend to be crowded

won't help me get a dip in gold

the jagged frontier is very jagged. Sometimes it can code autonomously for 3h without failing and then it makes the most retarded design choice, and without asking you if it sounds like a good idea or spending much token thinking about said choice.
It is really an execution and ideation tool still, its choice making is poor.

Would be nice for btc to go back to 76k, create a new range driving bears and bulls alike crazy

They're willing to put a floor on bonds which means more liquidity which puts a floor on risk. But I don't think it means it's time to bid stocks nevertheless; they're just to be left alone imo

Ideally Warsh sounds a bit hawkish on J. Hole to pretend he is serious but it's very certain he is captured and part of the Trump Bessent circle

Rates will not increase, stocks will not go down, bonds will be bought by the FED /Treasury (they will increasingly become the same thing) and gold and maybe btc will be going up up up

Everyday people will have to live with 5%+ inflation while they cook the numbers and pretend it is 3

Tped the short qqq bit; thrre is no point being short anything really