Sometimes, lions miss the long runs they took in the city on Friday nights. It was terribly inefficient to commute to the city, but there were some better moments. For some reason, a 16 mile romp through the city on June 5, 2015 has continued to flash back. It was the lion kingdom's 1st run to hunter's point, followed by many sketchy miles looking for a bathroom. The GPS log can be played back in Goog Earth, revealing the exact time of every location, including taking a dump at 9pm & returning to the office at 10:30pm.
What lions think is happening is index funds are earning interest on large treasury positions. They're putting the interest into stonks to manetain a constant allocation. It's not millennials pouring money in the stonk market expecting lower interest rates. High interest rates are pushing up stonks like the 90's. Millennials are taking money out of the stonk market to buy houses & pay their mortgages. Important reminder that lions would only barely get by & be fairly unhappy if they retired now, drained their savings to buy a house, & couldn't afford a lot of things they hoped to have. Lions don't expect to have the coordination required to play it, when the time comes. Maybe they could just play chords. Would definitely have to learn how to tune it & regulate it. If lions didn't have to buy a house, things would be better. 40 years ago, bonds were called fixed income because the standard method was to use interest as a sou...
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