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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (174782)	7/13/2021 7:58:40 PM
From: sense	Read Replies (3) \| Respond to of 217758

That appears mostly good news... suggesting perhaps seeking utility in raising false alarms.. The spike in new cases is already more than 10 days old... and the number of hospitalizations and the number of deaths has not yet moved higher... but has continued to move lower. That would be consistent with initial reports that new variant Delta is dominant in driving new infections, but is both more transmissible and less dangerous than prior variants... There "should be" not that much of a lag between a spike in new cases and mortality rates... People reporting that the Delta gives you a headache and makes you feel bad... and that's all... are apparently getting confirmation in the charts of the number of morts... No one really cares much if the new bug spreads... as long as it isn't actually killing anyone... ? Officialdom overly eager to find excuses... looking for something to blame the economic performance on... other than their own mismanagement ? So, talk of lockdowns returning... because of a virus that seems it isn't worse than a cold... is likely to short-lived... and, in the degree there is persistence... without concomitant statistical backing... hell to pay... Three or four more days without a huge spike in mortality... and stick a fork in that new "risk on" narrative... That hand we see... may have been over-played ? "We can kill inflation" is true, of course... but only in the disingenuous sense as that... having no inflation if they're willing to kill the entire economy to "control" it... Trying that... thinking the indications are "market noise" that can be wrung out... and not structural ? That's not stopping the "whiff" of inflation... or controlling "the expectation" of it... if it isn't just a mood. It's actually making it worse... by reducing the base in capacity as the economy is throttled back... without doing anything that will work in reducing the demand drivers... as the forward expectations only grow... To kill inflation here... means to FOSTER a deflationary depression... which I suspect is not the plan... even it it may be the end result if they keep whittling this stick from both ends... Making "less"... will only make the prices higher... which will appear at first as prices going down less than those elements in anticipation of them going lower... Commodities "holding their own"... as the pressure is applied ? That's inflation stopping them from dropping. PM stocks falling significantly more than the underlying commodity ? That's evidence of an amplification of the impact of inflation... as leverage in "control" is applied against what can be leveraged to effect using fraud... but not working where there's an actual physical unit in account... versus fictional paper entries in a fake accounting that escapes auditing by never having to be delivered...