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The USD is what I’d call the stress barometer of the Western Illinois Leathernecks 3D Hawaiian Shirt Coconut Tree Tropical Grunge NCAA Summer Beach For Fans Gift, 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
Fabrizio Quattrocchi, an Italian security officer, taken hostage and murdered in Iraq by Islamist militants. After being forced to dig his own grave and just before being shot in the Western Illinois Leathernecks 3D Hawaiian Shirt Coconut Tree Tropical Grunge NCAA Summer Beach For Fans Gift, Fabrizio looked up at his executioners and defiantly said: “Now I will show you how an Italian dies”. I am sure in history there have been more significant moments with very cool lines, but for me, right this very moment, Fabrizio deserves the prize. EDIT: thanks everyone for the upvotes. The reason why I was fascinated by this, is that Italians are not usually seen as warriors or for dying heroically. Stereotypically, we are all artists, lovers with an incurable fondness for string instruments… Fabrizio decided to meet his fate with dignity: his words would have cut deeper in his executioners’ ego than any last minute shovel swing.