To download the podcast, right mouse click here (duration 21:06)
-Sovereign debt yields continue grinding higher.
-Click the link to take a look at how beaten up the world’s nation-state sovereign debt has become over the past year. It’s not just the USTs that are getting creamed.
https://www.bloomberg.com/markets/rates-bonds
-What will the world look like with an 8% 30-year UST yield? The catalysts are growing.
-The authority figures provide no solutions. The authority figures say and do what it antithetical to credit market stability.
-These central bank heads and nation-state politicians can’t be this ignorant. Why are the collective actions of the entire world’s politicians geared towards blowing up the credit markets? This can’t be by chance.
-Are the corporate heads drinking too much punch? The Ellisons are a case in point.
-Why have I done over the past couple months to prepare financially
-We have already entered the Tribulation period. Read Daniel 9; Trump is that man. He’s single-handedly blowing up the US and everything else he touches.
-Are we already in the final day?
https://www.terminaleconomics.com/2026/07/09/are-we-already-in-the-final-day/
Rock star dies as music’s disturbing cancer trend continues: Here’s who we have lost
The music world lost Bob Weir in January, and Dolly Parton in September.
Two legends gone. Two icons who were taken from the world due to the horrific disease that is cancer.
And, sadly, the list of singers lost in 2026 due to cancer began before Weir and has continued on after Parton at an alarming rate.
Recently another rock star, GWAR’s Chuck Varga, was added to the list.
More than 50 musicians have died this year because of the disease. The following is a look back at those lost:
https://www.al.com/life/2026/09/rock-star-dies-as-musics-disturbing-cancer-trend-continues-heres-who-we-have-lost.html
Hmmm, I wonder how many of these rock stars were pushing the Covid vaccine? Together we can do it! Together we can die!
Definitely bond bullish. Bonds responding well. Bond prices are stabilizing at these recent levels. Short term top in yields. Probability of October rate hike down to 15%.
The wage earners are getting beat up, but asset owners are doing very well.
Nonfarm Payrolls (Sep)
Act: 29K Cons: 89K Prev: 133K
Private Nonfarm Payrolls (Sep)
Act: 46K Cons: 85K Prev: 89K
Unemployment Rate (Sep)
Act: 4.2% Cons: 4.1% Prev: 4.1%
Manufacturing Payrolls (Sep)
Act: 9K Cons: 10K Prev: 15K
Average Hourly Earnings (YoY) (YoY) (Sep)
Act: 3.0% Cons: 3.2% Prev: 3.1%
Average Hourly Earnings (MoM) (Sep)
Act: 0.1% Cons: 0.3% Prev: 0.3%
Average Weekly Hours (Sep)
Act: 34.4 Cons: 34.3 Prev: 34.4
Government Payrolls (Sep)
Act: -17.0K Prev: 44.0K
Participation Rate (Sep)
Act: 61.8% Prev: 61.6%
U6 Unemployment Rate (Sep)
Act: 7.6% Prev: 7.7%
It’s interesting to see that the bonds couldn’t hold their gains from this morning’s bullish data. Bond investors couldn’t have asked for a better set of data than the employment numbers this morning. Also, oil is down between $3 and $4 a barrel also, and yet the bonds couldn’t hold their gains.
The relationship between oil and bond yields have severed. Clearly there is less of a direct relationship between the two. Perhaps the mainstream will conjure up another relationship to key in on.
I noticed bond yields went back higher as the day is wearing on. The sophisticated bond traders smell hyperinflation. The only way to honor all this debt is to print more money.
The bond holders won’t take a haircut in dollar terms, but will take a huge haircut in purchasing power on the principal .
I think long term bonds are the worst investment now.
Probably be better off buying stocks instead of bonds if you want to put your cash to work. Short term treasury or CDs would also be a good option if stocks don’t look good.
Money market funds.
Trump is on the talking circuits again intimating that higher inflation will help to eliminate the growing fiscal deficits and the real impact of the growing pile of Treasury securities.
It’s the easiest and most straightforward solution. Don’t own bonds.
It certainly looks like a coordinated bond wash out! I guess they are crashing the old to bring in the new! Non of us have lived through anything like this so it seems in real!
Another great podcast. I see some kind of decimation happening if yields keep trending up.
Would it also be wise to raise cash ?
The stock market could crash soon if yields continue to rise and oil prices continue to rise or stay over $100 barrel. Usually stocks go down with rising yields, but I am aware that we are living in unusual times where the markets do not behave like they did in the past. The free market economic theories we learned in school do not hold true in this system. We really are in a beast system matrix of illusions.