Jamesvanst

If you are under 30 and you are trying to copy the success of your parents ie via real estate and a 40% weighting of bonds in your portfolio you are not going to make it.

Yields will continue to rise until spending is cut.
Spending will never be cut so yields will continue to rise.

US 10-year at 4.8%
Another 8 days until the Treasury can buy back at least $4 billion per operation of long-dated bonds.
It's not going to touch the sides.

European yields breaking out to new highs 🔥

Bitcoin holding onto weekend gains as futures open, with oil up

Bitcoin pumped 30% in a week.
It then held around $80,000 for a week.
Open Interest dropped 10%.
Then the market priced in two rate hikes by December.
and so far gave back just 5%.

There is nothing for Warsh to say because Bessent has already intervened with bond buybacks, doubled buybacks and signalled to use the TGA to fund them.
and they will run it hot going into the mid-terms.

If gold and silver are any indication of what assets might do after Warsh speech in Jackson Hole today, they are going higher.

Going into tomorrow’s $6.2 billion options expiry, bitcoin faces a massive sell wall at $82,000, where $3.6 billion of negative gamma exposure is concentrated.
Break $82,000 and it would leave short-gamma market makers increasingly offside, forcing them to buy bitcoin to hedge and accelerate the rally.

Spot Driven Rally.

AI is the greatest deflationary force, it will drive compression across wages, housing and equity valuations.
Nvidia will likely beat earnings and its share price will continue to rise, while its P/E multiple compresses as earnings grow even faster.
Nvidia is expected to grow earnings by roughly 89% this year, yet trades at around 19x forward earnings, broadly in line with the S&P 500.

I have received 0 text messages about the recent bitcoin price jump, means it can go higher.

Once the 50WMA gets taken out at $81k, bitcoin gaps to $90k.