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    USD/JPY to the Moon

    I saw some Japan equities analyst on CNBC Asia saying that the downturn in Japan equities as well the NASDAQ was related to the end of the carry trade. Of course it's like chicken and the egg scenario. If its true then Yen will continue to strengthen until the NASDAQ stops falling. It doesn't...
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    Great Recession

    SMH is the canary in the coal mine in this market. Semis are the new industrials and continued selling means trouble everywhere. I think the real economy was always fragile just look what happened when 3 regionals collapsed last March. The Fed rolled back 9 months of QT because they thought...
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    Yep, Tom lee, after just 1 day, says buy the sell off

    The irony of Organic food prices is in theory it is suppose to be 100% local so the only rise in price should be labor cost increase from 2019. The transport cost should negligible if its truly local. Unfortunately I do see inflation in those products as well, however it is usually less...
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    "EVERYONE clamoring for rate cuts at this time... BAD IDEA!

    I'd be surprised if the Biden administration did nothing and let the markets collapse into an election cycle. If we see negative NFP next month the Fed will start cutting aggressively & the markets would fall precipitously. I mean it happened in 2008 under Bush so I guess it could happen again...
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    Dogs are the best! But they highlight our hypocrisy.

    It seems to me that the pet culture here in the west exists because people have free time on their hands. Where I come from in India (Lucknow, UP) I never saw anyone with a pet Dog. There were a lot of stray dogs & cats but not pets. I admit I don't understand the pet culture here in...
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    Listening to...

    I think Dissapointed (1991) was their best song. It was a strange collaboration between The Smiths guitarist (Johnny Marr) & vocalist from New Order (Bernard Sumner). I think most of the songs were written by Marr so that explains the acoustic feel instead of the usual synthesizer driven New...
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    "EVERYONE clamoring for rate cuts at this time... BAD IDEA!

    Firs it was the liquidity hose to put out the LTCM fire, then it was TARP and endless bailouts for corrupt TBTF banks via government hedge funds aka Maiden Lane I & II. Then in 2020 we had the fabled "helicopter Ben" strategy pulled off by Trump, Congress & the delusional Fed. It just gets worse...
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    Yep, Tom lee, after just 1 day, says buy the sell off

    The NQ has been dropping for multiple weeks. Its hardly one day. I believe the NDX is down near 12%. The truth is a slowdown actually hurts the supposed rotation trade into small caps & "value" stocks since there will still be growth in the large cap tech. That's why all the financials tanked on...
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    Intel’s 21.5% share plunge drags global chip stocks

    Virtually all of the 13th & 14th generation Core CPUs are faulty. Yes almost all of them. They slowly start to degrade and then one day they become paperweights. Nothing but BSODs upon startup. Currently Intel is admitting to the 65+ Watt TDP CPUs but what I heard is even the lower end chips...
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    Kamala, Oh Kamala :-)

    What a disaster of a candidate. The amazing part is the Democrats and their head idiot Obama rubber stamped her candidacy. Truly amazing. Who would have guessed a frail Biden was a better candidate.
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    Heavenly coffee

    I don't know about best but the strongest coffee I've had was the Aged Sumatra coffee made for espresso machines (Peet's Coffee). Turkish coffee is very strong & bitter as well -- its not really coffee it is actually espresso. Its very popular all over the middle east especially in Iran &...
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    Olympic Games

    I don't like or watch the modern Olympics. Its all overtrained athletes. It was a lot better when they were amateurs & mainly trained in colleges. The boycotts in the early 1980s destroyed the old way of competing. I loved watching ABC's Wide World of Sports' coverage of the Olympics back in...
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    Schwab Down

    Schwab really sucks. Was it always this bad? Why didn't they just adopt TD Ameritrade's technology. It was obviously superior to the junk Schwab is peddling.
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    Is 6TB Toshiba I purchased real or fake ?

    That is a lot of electricity usage. 12 monitors is probably about 400-500 Watts. You could probably reduce it by using larger monitors like the 32" or 43" monitors from LG, Samsung or Dell. They don't use much more energy than 30-50 Watts and they usually have more screen room like 3440 x 1440...
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    Is 6TB Toshiba I purchased real or fake ?

    I use to store a lot of my media on the old 3 Tb & 4 Tb Seagate drives and they were notorious for high failure rates. I believe they failed like 20 times as often as the HGST which were the best at the time. The Seagate Barracuda 3 Tb were the worst culprits. I probably used about 40 or so of...
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    Australia’s property boom making the nation poorer

    Very powerful article about the homeless problem. It reminds me of some of the diaries I read about the Great Depression & the Dust Bowl of the US midwest (mainly Kansas & Oklahoma). It seems these 1st world politicians are just sleepwalking through these problems and they don't want to do...
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    High end watches sales continue to decline!!

    It shouldn't be a surprise if you follow the luxury sector. Kering, Richemont, LVMH & even Hermes stocks have been going down for quite a while. Burberry has been dropping since the peak of the pandemic.
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    What happened to Melissa Lee on CNBC ?

    Well Melissa Lee went to Harvard and worked on Wall Street so she is just another genetic lottery winner. She is the best business personality on TV. Andrew Ross Sorkin is very good too. Very professional. Well Kernan is the last of the traditional Conservatives on CNBC although his liking of...
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    Gotta love ZERO RISK in the SP500 = $$$

    Have you ever seen any data that you actually liked? Yes they only had $65 billion in revenue, what a crappy company. I mean you've been crying about nVidia for at least a year now.
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    Australia’s property boom making the nation poorer

    Short these leeches to zero. I'm sure you can short it on the ASX. Hopefully the whole industry goes bankrupt. It's like the Eagles song Hotel California -- you can enter but you can't leave.
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