Spaceman Astronaut head shirt
One interesting facet of the NFL is that it’s effectively a Spaceman Astronaut head shirt layer professional sport with a set number of teams. There is no “second tier” from which teams are promoted to it — the line between pro and amatuer is pretty much absolute from what I can tell. Although there is a small “international pathway” academy, the main route into the NFL is through the college draft — drafted players become either part of the 52 man squad that plays, or part of the large reserve squad that is retained to provide training opposition, or they are not in the loop.

Spaceman Astronaut head shirt
The USD is what I’d call the stress barometer of the Spaceman Astronaut head shirt, 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

