Lion ponderings

 S&P leveled off at 17% below the all time high on Mon, as dip buying started overtaking selling. Still 3 years since the S&P last beat treasuries. The lion kingdom's dueling positions have 1 position that falls during higher risk appetite & 1 position that rises during higher risk appetite.  The defensive position fell 1 day before the S&P bottomed out. The lion kingdom's opinion is it's short term oversold but may not be at the bottom of a long term bear market.  Stonks went up so far in 2024, lions wouldn't know what to call a crash. On Tue, it slowly melted down to -19%.  Then on Wed, foreign governments stopped buying bonds & Trump was out of runway.  He had to pause the tariffs on most countries because US owed too much.  The same thing happened to England in the Suez crisis of 1956.  Then we got the bounce back to -12% on Wed.  A lot of commenters said they picked -17% as the bottom, on Sunday when it was too late of cou...

 Remember 40 years ago when Thailand's 100% import duty on cars was ludicrous & caused everyone to buy domestically produced junk clones.  Everyone had domestically produced BMW's with bits falling off.  It could never happen here. The bigger picture is why both parties have started opposing China in the last 10 years.  It might be the use of trade deficits & a 2 headed economy to pull down inflation finally cracking. The 100% tariff, 2 headed economy & trade deficits in lion minds are signs of an economy not being viable anymore.  The good news is there still aren't any chinese cars coming in so it's still a symbolic move.  ---------------------------------------------------------------------------------------------------------------------- Lions have pondered a story about humans visiting a planet of giant cats. Obviously, chatgpt can whip out an automatic story but nothing of any entertaining value.  The journey begins with a starship la...