BOY! Tariffs Tamed: China and US Cease Fire...For Now!

Yields Rise Like My Rage!

Hmph. The mortals cheer as the trinkets they call Treasury yields rise. The 10 year climbs a measly 6.6 basis points to 4.441% while the 2 year leaps like a frightened deer—over 10 points to 3.985%. One basis point they say is 0.01%. Numbers... meaningless. Only power matters! Yields and prices move in opposite directions as it is written. This I understand. But know this: such fluctuations are but a prelude to chaos. Beware!

China and US Trade Deal Gods Forbid!

The U.S. and China have struck a deal. They lower tariffs claiming victory. Tariffs they boast will fall from 125% to a pathetic 10%. But the U.S.' 20% duties on Chinese fentanyl remain a festering wound. A mere band aid on a festering wound! Do they think this will end the conflict? Foolish mortals they play with forces they cannot control. They bargain to prevent recession and for what?! NOTHING! There will be consequences.

Thawing Relations? More Like Frozen Hearts!

Ian Lyngen a mortal strategist from BMO babbles of a 'thawing' in trade relations and the US and UK trade agreement. He believes it grants the Federal Reserve 'flexibility.' Flexibility?! It is a weakness. These men dance to the whims of economics as if economics is a god. There is only one god and it is dead! Even this 'flexibility' won't save them from the coming storm. Mark my words.

Tariff Tit for Tat: A Mortal Game!

The U.S. charges China 145%. China retaliates with 125%. High tariffs they cry could plunge the globe into 'recession.' Recession! A word to frighten the weak. The Ghost of Sparta does not fear mere economic downturns. Let the markets crumble! Let the weak tremble! Though I must admit a global recession sounds... irritating.

Talks in Geneva: More Like Talks with the Fates!

U.S. Treasury Secretary Scott Bessent speaks of 'productive talks' in Lake Geneva. He claims an 'agreement' and a '90 day pause'. Reciprocal tariffs will drop. They will meet again. Empty words from empty men. They should fear what comes after the 'pause.' A storm is always brewing and I know storms boy. The Fates themselves could not foresee the chaos to come.

Rate Cuts: A Fool's Hope!

The mortals gamble on rate cuts from the Federal Reserve. They believe avoiding 'recession' will eliminate the need for intervention. The market puts the odds of a rate cut in June at a measly 11.3%. Pathetic. They cling to hope as if it were a life raft. Let them have their rate cuts and their fleeting sense of security. Soon they will learn that hope is a dangerous thing boy. Hope clouds judgment and leads to ruin. I know this all too well.