February 7
We bought tannat grape must yesterday at the vineyard and started fermentation.
A fire last night on our side woods along the road was very scary.
S&P Oil FX Gold Silver 10Y USH
Week Ahead - The US jobs report and CPI being released next week.
Markets are currently pricing in around 58bps of Fed rate cuts this year
Does the Dollar's Upside Correction have more Room to Run? | Marc
There seems to be two main considerations for the broad movement of the greenback. First is a correction after being extremely stretched from a technical perspective. The momentum indicators suggest it still has run to run. Second, and arguably, where triggered the technical correction was the nomination of Warsh to the Fed's helm. It is not simply that Warsh was a hawk when he was a governor at the Fed, but that a more extreme or perceived to be more politicized candidate was not chosen.
Doug Noland CBB Weekly
Major crypto losses have unleashed a problematic deleveraging. We can assume enormous amounts of speculative leverage permeate technology stocks, ETFs, and related derivatives. This week saw the start of de-risking/deleveraging in big tech. Losses for the week included Amazon 12.1%, Meta 7.7%, Microsoft 6.8%, Tesla 4.5%, Alphabet 4.5%, and Nvidia 3.0%.
Gutfeld Destroys the Democrats’ Voter ID Double Standard | Debt
“You got to hand it to the Democrats,” he said. “On one hand, they think a child can handle the decision to lop off their genitals, but then on the other, they think black people can’t get a photo ID.”
Hillary got all snippy, demanding the hearing go public on TV so she could grandstand. | Kunst
Denied. Curiously, no one is rushing to the Clintons’ defense. You might suspect their many friends and associates smell blood in the water and nobody wants to get wet.
Attack directed at Western Ukraine which has never before been attacked on such a massive scale | Reporter
Kyiv only getting 4-6 hours of electricity a day in February after relentless Russian strikes | NYP
US Retains Right To 'Militarily Secure' Chagos Air Base, Trump Says | Zero
Ukraine – Long-term Countrywide Blackouts – U.S. Presses For Peace Agreement | Moon
The Week In Pictures
More Epstein documents were released, to the discomfiture of his former friends, all of whom appear to be, like Epstein himself, Democrats. The number one source of memes, however, was singer Billie Eilish.
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at 1:00 AM