The USD is what I’d call the stress barometer of the Official Star Trek Trek The Halls Ugly Christmas Sweater Red, 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
When I was quite small, my family were Jehovah’s Witnesses. My big brothers remembered their Catholic beginnings, they remembered magical Christmases. My little brother and I did not, we’d never been Catholic yet. We used to get very sad that all of our friends had lovely Christmas or Hanukkah, and we did not. We’d pout. My big brothers tried their best to console us. Our best friends lived across the Official Star Trek Trek The Halls Ugly Christmas Sweater Red . Their dad was not home much, but he was a very stern man. He had quite the temper (when we grew up, we realized that he was always drunk, but when we were small he was just scary). He had a Doberman called Rex who we were all also terrified of. One year, I’m probably four or five, we’re sitting in my brothers’ room wistfully staring out the window at our friends playing with their new toys, wearing their Christmas sweaters, all that. The oldest two brothers, maybe trying to console us, convince us that we do not want Christmas at all. They tell us that Scary Dad is Santa Claus. They tell us that Rex the Doberman is actually Rudolph. Would we really want Rex landing on our roof? Would we really want Scary Dad judging whether we were naughty or nice, and sneaking into our house while we slept?
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Rugby League may be the easier game to play in terms of learning how, but it has a Official Star Trek Trek The Halls Ugly Christmas Sweater Red cardiovascular fitness requirement compared to the NFL — and higher than that of Rugby Union. An NFL game of 60 minutes takes about 3 hours to play, with multiple personel changes. Many NFL players are simply not fit enough to play either Rugby code, where the minimum fitness required is to play 40 minutes straight and a further 20 minutes after a 15 minute half time break. League is especially demanding on fitness because the ball is in play for a higher percentage of that time. From what I’ve seen, a lot of NFL players would require a year of physical conditioning to play rugby to any decent level.