- Egotistical Narcissists as as the the Stupidity Police are not doing their job.

Chinese living in ROTTING properties

Some amazing technicals - historic in fact. WOW!

The lowdown on Pumpkin Spice latte.. Big Business!

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Warm Up

- Egotistical Narcissists

- The Stupidity Police are not doing their job

- Chinese living in ROTTING properties

- We have another FRAMEWORK

- Sending Kamala to the DMZ line

Market Update

- B A D - Things are starting to break

- Confidence lost as things are breaking (Currencies)

---- Fed needs to chill - and I have a few tings to say..

- China opening up Macau (Casino stocks fly)

- Technical indicators!!!!!!!!!!!!!!!!!!!!!!

NEXT WEEK - YOM KIPPUR - NO SHOW

Rate Update

- High grade money markets >2.4%

- 2 year muni bond >2.5%   3.5%

- 12 month treasury >4.3%

- 10-year taps 4% today

- 1 year CD > 3.5%

JCD

- FYI - DJIA @ 30,706      29,500    29,134!!!!

Tropical Storm/Hurricane

- Storm looks nasty - in the middle of some of the bans right now

Technical as of Monday Morning (Charts)

- Some very severe oversold conditions

- KRI (-7) - only seen one time in recent history and that was 12/24/2019 when market bottomed

- RSI all over sold

- McClellan - LOW (-400)

- Spearman LOW (-98)

- 11 New 52 week highs -(most inverse ETFs)

- VIX >30

- 447  SP500 below 200 DMA

Boneheads

- Huge tax cuts in the UK apparently decided on overnight and the approval of massive debt issuance.

- Do we miss Boris Johnson Yet?

- More things breaking

The Cable

More on Brit Pound

- That currency move is NOT normal and should give a cold-water-slap-upside-the-head-punch-in-the-mouth wake-up call to Team Powell.

- The moves that they are making and the hard line they are shaking is a bit over the top.

- Unfortunately they have a much bigger regard for themselves than then should.

- In fact, it appears that Team Powell is made up a gaggle of egocentric narcissists that need to come down off their collective perch's and take a look at what is really going on and why we are seeing historic moves in some financial markets.

Sending Kamala

- Vice President Kamala Harris will visit the Demilitarized Zone (DMZ) separating the Koreas on Thursday in a bid to show Washington's commitment to the South's security

- The DMZ visit will underscore the strength of the alliance between Seoul and Washington "in the face of any threats posed" by North Korea

- Does not seem like a show of strength

FEELINGS ON THE FED (Not due to markets, due to policy)

- A bunch of  two-toned, zebra headed, slime-coated, pimple-farming, paramecium brain, munching-on-their-own-mucus, all suffering from PETER PAN? ENVY!!!  AND -  lewd, crude, rude, bag of pre-chewed food, dudes! Lying, crying, spying, prying ultra-pigs!   (From the movie Pan - Robin William)

China - Rotting

- A movement of home buyers around China who have moved into what they call "rotting" apartments, either to pressure developers and authorities to complete them or out of financial necessity.

- Shanghai E-House Real Estate Research Institute estimated in July that stalled projects accounted for 3.85% of China's housing market in the first half of 2022, equivalent to an area of 231 million square metres.

Can't Even

- Pumpkin spice latte (PSL)

-  PSL industry was worth >$500 million -

- Starbucks has sold more than 600 million since inception

PSA

- Don't cook your chicken in NyQuil

- FDA now warning about this new TikTok challenge

- Possible that brands are behind this insanity?

- A number of videos challenged people to cook chicken in NyQuil, which contains acetaminophen,