Time Unlimited.
 
@cartier

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Bitcoin hasn't been left behind in the tech stock rally, it is just trading more like gold than ever before.

2 months ago I highlighted the initial signs of this divergence. In last few months BTC/USD trading as correlated to Gold/USD as it had been trading to Nasdaq in '22:

God has unlimited resources to meet all our needs!

今回も持ち帰りで買っていこうかな。
一日では食べきれなかった😇

#蜂の家

40 Collector’s Items That Aren’t Worth Keeping

I need unlimited hugs.

Celebrating 15 years of unlimited hugs and smiles, Happy Birthday Lesedi…

The BoC risks falling behind. Whether it’s today or over the course of the next couple meetings, there will be more tightening needed and one hike won’t do it.

Core inflation showing signs of remaining at levels inconsistent with BoC mandate:

Labor markets are far too tight to drive the sort of easing of wage pressures necessary. UE at secular lows.

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Men age like fine wine.

Women age like milk.

Nature is kind to women.

Time is kind to men.

What is the right policy rate with inflation at 6-7%, growth pretty good and the UE rate at secular lows?

Certainly not below 4%. Yet quite the RBA surprise hiking 25bps. With 2yr rates still at 3.8%, tightening needed isn't reflected.

Timeliest CPI measures show 6-7% range:

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