We recently completed some interesting research related to one of our newest Custom Indexes – the Commodities to Smart Cash Index (C2SC Heat Index) – weighted by the US Dollar and VIX. We’ve been reviewing this new index for months watching it to see how it reacts to various trends in Lumber, Gold, Treasury Yields, the Smart Cash Index, and other weighted values. Recently, we added the Fed Funds Rate to this chart and suddenly things took on a different perspective.
We had drawn horizontal lines on the Commodities to Smart Cash index highlighting historical high, low, and confluence price levels. Historically, when we see a chart that channels in a sideways range, one can often identify high and low price thresholds while also trying to find a confluence level (where a continued rise or decline in price is likely to continue). We can see how the US Fed reacted to rising inflationary concerns almost immediately as the C2SC Index rose near or abov
50 Things Turning 100 in 2021
By Nicole Johnson, Stacker News
On 2/16/21 at 8:00 PM EST
Fotiades/Condé Nast via Getty Images
One hundred years is a very long time. When it is broken down, it is approximately 36,500 days (depending on leap years, of course), or 1,200 months, or 10 decades, or one century. To last for such a long period is a remarkable achievement that takes stamina, wit, flexibility, and resilience. It is also a feat worth mentioning, which is why we have come up with a list to celebrate those people and things hitting such a momentous milestone.
To create a list of 50 things turning 100 in 2021, Stacker looked at primary documents in historical records, pop charts, newspaper articles, and other matters of public record. This list includes animate and inanimate objects. You will find people, places, and things. It includes movies, poetry, companies, famous artwork, and scientific discoveries and even a few birthdays.
Humans running Wetware 1.0 (which is all of us) love to gamble, and we are entranced by
the thrill of victory and
the agony of defeat. When there’s a market for speculation, these wild swings of emotion manifest as euphoria (I’m winning!) and fear (I’m losing).
Thus the soaring price of goats due to speculation in 1740 B.C. Babylon so vexed Hammurabi that he ordered the execution of those he deemed responsible for profiteering off their clever speculative manipulation.
Speaking of goats, let’s ask a GOAT (greatest of all time) question: what’s the greatest bubble of all time (GBOAT)? The easiest way to measure speculative bubbles is the starting price and the peak price, but that may not do justice to the question. Perhaps
Dave Collum s 2020 Year In Review, Part 1: Willfully Ignorant zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.