As we forecast the great bond crash of 20xx is now underway.
Every year the bond puts in a top early in the year, and then crashes down to a low something in June or July as stock rotations are served up for the small spec, to take on the excess shares that Wall Street wishes to unload as part of its "sell in May and go away" gambit.
And there it is.
Sometimes an intentional shaking of markets can build up feedbacks to the natural frequency of a thing, as Nikolas Tesla demonstrated. If the Wall Street wiseguys keep shaking the national economy, we might be in for a real earth-shaking finish to the year.
Wall Street is an impediment, a drain, a parasite on the real economy.
The banks must be restrained.
"Pride is the first sin, the very negation of humility, and of the devotion and sacrifice of the Cross. Greed and indifference to others, lawlessness and betrayal, are the daughters of Pride, the father of all sin. The unsustainable will not be sustained. God's wrath grows fierce. Nemesis awaits. Pride and its sins are the chains that imprison Satan and the damned in their hell." Jesse, Resist the Daughters of Pride, March 2024