The UK's bond market is collapsing:
Today, the yield on a 30Y Bond in the UK rose to 5.64%, its highest level since 1998.
Yields in the UK are now 15 TIMES higher than they were at the 2020 low, just 5 years ago.
What is happening? Let us explain.
(a thread)
Sometimes the evil in this world is overwhelming.
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if momentum unwinds and large cap tech gets hit, small caps will outperform (see IWM v SPY performance in 2001-2003).
if the economy goes pedal to the metal, small caps will outperform (see IWM v SPY in 2020-21).
seems asymmetric.
walk outside. tilt your eyes up to the sky. feel the sun on your face. tell yourself today is the best day of your life. believe it. you’re lucky to be alive. today is the best day of your life. believe it. feel it. spare a laugh for the absurdity of it all. you’re alive. smile.
Trading can take half a decade+ because up until now, you've been living on autopilot, only occasionally exposing yourself to pain and deep thinking
Trading doesn't just rip the warm blanket away, it douses you in ice cold water every single day for what seems like forever
This…
Peak male living is detaching from any & all propagandized desires & ambitions firmly placed under your subconscious, and living exactly how you'd like that you wake up with a warm smile on your face, knowing youre not playing the games & comparison fantasies every one else is
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