The bull market rages on despite continued quantitative tightening.

 

With the bull market at full power, it feels like the 90's again with interest rates & stonks rising in parallel.  When that bull market ended, it had risen 300%.  The crash of 2000 only rewound it back to 200%.  Unlike the 90's, the fed will not keep raising to keep the economy from overheating.

The twin heads of the 2 headed economy are at full power & the government doesn't have a precise enough instrument to manage it.  Air fares are plummeting while housing is setting new records, yielding an average inflation of 0.   

The theory that stonks would follow quantitative easing was not followed, but it's still the short term.

For the record, the Bezos reward card pays 1% for all lion purchases & 3% for amazon.com purchases.  The BofA card pays 1.75% for all lion purchases.  They jacked it up recently.  Lions make a lot more from credit card rewards than the bank's crummy interest.

The lion kingdom's BofA chip died suddenly one day after 3 years of daily use.  Replacing it is now done through the phone app while they're downsizing the browser app.  Lions lose so many phones & it's such a pain to enter a login on a phone, it's a sketchy idea, not to mention the craze 4 years ago of using a phone as a credit card.

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Been oscillating consistently into the 105 range every weekend, then reaching minimums on Wednesday.  It's not as had as Idaho though, which doesn't cool down at night & hits similar highs.

The lion kingdom can't afford to live in Idaho.  Idaho has now surpassed silicon valley.

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An 800m day joined the 200m & 2.6mile days, for a 3 week rotation.  Mandatory power management made it more like 800-826 meters.  Quite slow & hard in 85F.  A lion would find it quite difficult to reach 2.6 miles at lactate threshold speed, so the 800 meters was the best compromise.