Pittsburgh Pirates 1936 1947 logo vintage shirt
The USD is what I’d call the stress barometer of the Pittsburgh Pirates 1936 1947 logo vintage shirt, and a breakout to the upside is indicative of the stress in the system. Note that this makes sense because when the Fed tapers from bond buying, they are essentially strengthening the dollar. The S&P 500 index is trading at all-time highs because the large and mega-cap names are holding it up, but there is a lot of subsequent carnage (and increasingly so), which is a classic sign we’ve topped off in the market. The M2 money supply peaked in February of 2021, which coincided with the top in the most speculative parts of the market, including SPACs and Cathie Wood’s ARKK. Well, the truth is, the companies whose stocks have overrun have gotten so large in market cap that it’d take them years for them to grow into their respective valuations, so either these companies grow at a much faster pace, which is unlikely, to “catch up” to their stock prices, or their stock prices will have to come down to Earth
Pittsburgh Pirates 1936 1947 logo vintage shirt
I was just starting to build my flock of chickens from the four I already had (one rooster, three hens) to a Pittsburgh Pirates 1936 1947 logo vintage shirt of ten. I bought six little two day old chicks from the local feed store – assured by the staff that all six would grow to be beautiful hens. Since I already had a rooster – and two roosters rarely get along – so wanted to be sure these were female. I named my chickens after dead movie stars (yes truly… don’t judge) but my Aunt Delores wanted one named after her, so I chose a Golden Phoenix chick and named her “Delores”. When Delores was eight weeks old, I began to have suspicions that she was edging towards a gender change. Delores was quite a bit larger than her step sisters, and was growing a more pronounced comb and longer tail feathers than the typical hen. However, denial is a powerful characteristic, and I tried to convince myself that Delores really WAS a hen and maybe she was just big boned.
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