Mtl JP 23:33 GMT November 17, 2022
Sam Bankman-Fried
Rafe... 20:07 some of my necessities:
I like to golf ... and fly-fish ... and spend time in Italy ... and the Riviera ... and race my catamaran
live frugally - what is that essatly ? everything I spend on listed abouve gives "someone else located somewhere" a job and renumeration to be able "to buy anything else" . Respectfully I suggest you review your "quote".
dc CB 21:41 GMT November 17, 2022
Sam Bankman-Fried
CNBC’s Jim Cramer called Bankman-Fried the “J.P. Morgan of this generation,” in reference to banker John Pierpont Morgan’s famous 1907 bail-out of failing banks.
“They call him the J.P. Morgan of crypto,” said CNBC’s Andrew Ross Sorkin of the influential show, Squawk Box, while introducing a September 16, 2022 profile of Bankman-Fried.
“Yeah, the Michael Jordan of crypto!” responded financial reporter Kate Rooney.
CNBC fawns
dc CB 21:30 GMT November 17, 2022
COP27
Reply
"Young people are definitely shaping outcomes here at COP27," Kianni told BBC even as Swedish teenager Greta Thunberg skipped the Sharm el-Sheikh meeting, calling it a forum for "greenwashing".
https://www.zerohedge.com/markets/cop27-climate-virtue-signaling-boondoggle-ends-failure-without-fossil-fuel-pledge
Greta's replacement
dc CB 20:29 GMT November 17, 2022
Opinion: A divided government will be disastrous for the US economy
So GV----are you mocking Zandi or do you agree with this BS.
This is what an 'undivided gov' rammed up the butts of the US Taxpayer just this year.
_________________________________________________---
dc CB 20:28 GMT 11/16/2022
US funding for war in Ukraine in 9 months:
Mar: $ 13.6 billion
May: $ 40b
Nov: $ 37.7b: Biden's new request
That $ 91.3 billion is 33% more than Russia's *total military spending for the year*
It's *double* the US's average annual expenditure for its own war in Afghanistan
— Glenn Greenwald (@ggreenwald) November 16, 2022
dc CB 20:16 GMT November 17, 2022
Sam Bankman-Fried
The wonderful world of BetCoins.
Take note of what just went on at the G20 in Bali.
Take note----The Wannsee Conference 2022!!!!!
They're coming for the money----
I was 7 when I saw this movie--
Bali Hai - The Mythical, Mystical Island in South Pacific
"Bali Ha'i" - SOUTH PACIFIC (1958)
Caribbean! Rafe... 20:07 GMT November 17, 2022
Sam Bankman-Fried
On Blowing Money this is an original quote created by me while I was typing out this post.
Quote: No matter how much money you have, try to live frugally, stick to the necessities only... Because, "When you spend money on something else, then it becomes costlier for someone else located somewhere else to buy anything else..." It's called Inflation...
Caribbean! Rafe... 19:54 GMT November 17, 2022
Sam Bankman-Fried
dc CB 16:31 GMT 11/17/2022
A bit too long but nice article nevertheless! better to read it tomorrow morning.
Take a read all of my posts on bitcoin, distributed ledger systems... I just knew sommat like that would happen... meaning wire fraud... which was just too obvious even at that time.
SBF is walking around freely because they let him do so... The first thing to never do is run.
If he runs then it'll become an international manhunt for him... Most wanted fugitive gringo found hiding in SA... or more like jailed abroad and the white house has to spend money to send in negotiators to secure his release from a foreign prison... nice way to blow money his country's money... while dear mr. president and all of his employees from top to bottom are busy fighting inflation so that millions of people around the world don't starve, and they are trying so hard to improvise solutions to the global recession, but he's expecting them to blow their money and waste their time to secure his release?.. c'mon get real!
more on blowing money in my following post...
PAR 17:01 GMT November 17, 2022
mkt
VIX keeps dropping and put options will expire worthlessly.
Wall Street is the big winner. Follow them and enjoy.
dc CB 16:47 GMT November 17, 2022
mkt
BULLARD CITES POLICY RULES SUGGESTING RATES OF BETWEEN 5%-7%
They really want 1MM layoffs every month
— zerohedge (@zerohedge) November 17, 2022
dc CB 16:31 GMT November 17, 2022
Sam Bankman-Fried
FTX's new CEO and liquidator, John Ray III, who also oversaw the unwinding and liquidation of Enron, admits that "Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here."
And just in case his shock at FTX's fraud of epic proportions was not clear enough, he adds that "from compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."
According to Ray, he has located “only a fraction” of the digital assets of the FTX Group that they hope recover during the Chapter 11 bankruptcy. They’ve so far secured about $740 million of cryptocurrency in offline cold wallets,
Enron Liquidator Overseeing FTX Bankruptcy Speechless: "I Have Never Seen Anything Like This"
Mtl JP 15:08 GMT November 17, 2022
mkt
DLRx 106.83
bullard said
-
(Reuters) Fed's Bullard: Even "dovish" policy assumptions require further rate increases
Even under a "generous" analysis of monetary policy the Federal Reserve needs to continue raising interest rates probably by at least another full percentage point, St. Louis Federal Reserve President James Bullard said
and some mushrooms chuckled
I think - at risk of potential ridule - that pops (rallies) in USD are Sell Opps
Bangkok KC 13:23 GMT November 17, 2022
USDX
Belgrade Knez 10:57 GMT
Yes, it is going up...
Belgrade Knez 13:22 GMT November 17, 2022
Sam Bankman-Fried
Money laundering is a criminal offense all over the world but not in the USA?
-----------------------------
only criminal act in USA is not paying taxes! ..... lol
PAR 13:18 GMT November 17, 2022
Sam Bankman-Fried
Reply
It's a joke that he is still walking around and has not been put in jail.
Money laundering is a criminal offense all over the world but not in the USA?
GVI Forex Blog 11:26 GMT November 17, 2022
Trading Insights: The Market Isn't Your Enemy
Reply
Have you ever had one of those trading days?
Have you ever lost money trading and gotten mad at the market?
Have you ever taken it personally, lost discipline, and tried to convince yourself the market is wrong?
Have you ever doubled or tripled up on a loser even though the price action suggested otherwise and The Amazing Trader indicated what side was more at risk?
Did this have you fight the trend in order to beat the market only to see your positions repeatedly stopped out?
Did this make you feel like the market was your enemy?
This has probably happened to most traders at one time or another but it is not something you want to repeat.
Let me be clear. The market is not your enemy!
Trading Insights: The Market Isn't Your Enemy
Belgrade Knez 10:57 GMT November 17, 2022
USDX
Reply
new up move on the way?!
PAR 10:57 GMT November 17, 2022
Euro Short Term Rate
Euro Short-Term Rate is at 1.40%, compared to 1.40% yesterday and -0.57% last year. This is higher than the long term average of -0.46%.
PAR 10:43 GMT November 17, 2022
Euro Short Term Rate
Reply
Some European private banks starting to pay clients the "Euro Short Term Rate" minus a few basis points.
I guess Christine Lagarde will not like this?
PAR 10:22 GMT November 17, 2022
EUROPEAN INFLATION
Reply
Inflation is down from 10.7% to 10.6%.
You see it is transitory. No more need for 0.75% rate hike France says.
I am not so sure.
GVI Forex 09:51 GMT November 17, 2022
mkt
Hi t: Look at the 2-10 year US yield curve -63 bps)
PAR 08:18 GMT November 17, 2022
RISK ON
Reply
Algorithmic buying overnight. Better than expected tech results.
Inflation is coming down.
Looking for lower-than-expected European CPI.
ECB is already going soft on inflation fighting and seeding panic on European economic growth. This makes a 0.75% hike in December highly unlikely.
Option expiration will be positive for US stocks.
GVI Forex 07:53 GMT November 17, 2022
mkt
SYDNEY (Reuters) - A look at the day ahead in European and global markets from Wayne Cole
Good is bad again - or vice versa - as markets worry upbeat U.S. retail sales will lead to higher interest rates for longer.
Marketmind: Good is bad? Depends on who or what you are
We are starting an affiliate program to market some of our products.