The bicyclist and the markets
prob of bicyclist winning rises to 21%.
with all the talk about how everyone at the fed is on the same page and is locked into raising rates, the real determinant of their activity will be how the bicyclist is doing and what will help him. apparently they feel that hawkish is good for him now with the S&P harmonious.
The investment biker joins el erian and Mr. Wonderful in that special category of usefuls.
the good news for S&P is that the Ray-Ban bicyclist has advanced to 22.5 % in prob of winning. as mentioned, the more he's in trouble the better he gets, like the S&P.
very good news for the bicyclist: He shows that he has at least 12 more years of life expectancy by getting up from floor without using hands or floor or fixed object.
everything at 1-month high since dec 2: S&P, crude, bonds, gold. fortunately, the Fed is always 3 months behind the form. soybeans at 6 month high also.
Bullard: "I told you so":
Simon Wilding The Policemans Song Pirates of Penzance
Huey Calloway, The Good Old Boys: got to get the herd to dodge before the others get their first and lower the price:
Jim Rogers reveals the 'biggest risk' in 2023, as well as 'cheapest assets'