Oh goody goody, it’s time for J-Hole! … this is where a whole slew of “economic
experts” descend like a virus into a little shit, dusty cow town just over the Idaho
border, and “wax eloquent” at the Best Western Hotel … as for the economic
impact of this clown show, all it does every August is skyrocket the price of local
Hookers & blow imported from Boise … and of course, tomorrow sees the
“Grand Poohbah of Clowns”, one Jeff Spicoli hiding out as Jay Powell, FED
Lounge Lizard Chief, give his speech and hint to the world without saying
anything of substance … the art of “Deep State bullshit”, where everybody can
take away something from words that should hurt your brain … it supports the
cottage industry of what’s known as the “financial press”, those dumb enough
to simply sit there and tell us what he just said, as if we don’t have ears
ourselves … no no, we need hacks from North Korean CNBC state run cable
news to enlighten us … “OK, he may have hinted at “higher for longer”, but he
doesn’t really mean it!” … and that’s why they make the big bucks.
Meanwhile in the real world, everything that should be going down is going up,
and Assclowns like Joe Biden has disappeared once again [thank goodness]
into his 980th vacation since he stole the election, and normal Americans can
relax knowing he isn’t gonna do anything really stupid and embarrassing at least
for today … Clown World [both chambers] is on vacation as well cuz they work
so hard, so they can’t fuck things up either … rumor has it, Prigozhin had dinner
with the Clintons, got on a plane, and wouldn’t you know it? … don’t you just
hate it when “accidents” happen? … the old “bottle of expensive wine” trick put
on the plane at the last second as a gift from Cankles, is just the right ticket!
… didn’t work against Hitler, but I guess they finally figured it out.
We find out today that … wait for it! … energy traders at Morgan Stanley have
used super invisible, double secret probation type WhatsApp software, to
discuss energy trades among bank trading desks … gosh, if only somebody
somewhere could have foreseen this “Scumbaggery & Fuckery”, huh? … maybe
they were talking about weather? … you know, like Hunter & his Dad while
receiving bribes from foreign adversaries … nothing to see here Sheeple, move
along … “Ma’am please, move along, no loitering, OK? … great, that’s a good
little Sheeple!” … the link from ZH with the details directly below.
https://www.zerohedge.com/markets/uk-fines-morgan-stanley-energy-traders-
using-private-whatsapp-messages
The hilarious aspect of this is, of course, that MS got fined a little under $7
million, which is about as worthless a fine as you can get for a multi Billion
dollar theft ring these Assclowns operate … the only conclusion you should
make is that obviously, somebody didn’t get their “cut” of the “skim” from oil
and other energy trades, and feel left out of the mix while POLS & Apparatchiks
get to feast while they get Mr. Jack “Diddly” Squat … I’m sure the “fear of the
Almighty” got put into them NOT TO DO THIS AGAIN! … in other words, time to
make the switch to new burner phones, purchased by some teenager who they
gave a fresh Benji to for the effort, and get better super secret app messaging
than WhatsApp … now, where were we? … oh yea, it’s back to stealing money,
prearranged trading, spoofing futures with impunity, and of course front
running that next order so our prop accounts offshore can make big bucks
when we skewer that customer order to shreds.
Today’s installment of “Slots-A-Rama” is likely to be a very slow one, unless
some PIE HOLE looking for his/her 15 minutes of infamy goes rogue from J-Hole,
or jobless claims & durable orders surprise in some way … not likely, but you
never know do you? … “hurry up & wait” the key to today’s casino fun filled
adventure so far … ranges and trading action about as pathetic as it can get,
with only USDJPY doing anything … and you guessed it, PIE HOLES from J-Hole
just had to walk over to the CNBC tent and get their 15 minutes of infamy … and
the NDX100, which last night looked like it would never go lower ever again after
NVDA earnings, has fallen off a cliff … profit taking of course [thank you Bob
Pisani, NORK analyst hack at CNBC].
No trades in anything today … gold not ready for primetime yet, “Stock Bellies”
getting mauled, and outside of somewhat tiny yo-yo movements in USDJPY, FX
looks and feels like it’s truly dead … everybody and their pet rabbits waiting for
Spicoli tomorrow morning at 10 AM EST … nothing else to really say …. Onto the
clusterfark, shitshow circus of J-Hole.
… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,
and my own Brinks armored truck” 💓!! … Onward & Upward!!
-vegas
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