Hmm maybe I actually have an Ohio Power then because I’ve never felt a touch of give to it.

Again that example assumes the asset’s price does not appreciate.

There’s absolutely a market for that kind of duration…especially at extremely fat OAS. But it’s relatively small.

Not sure this is true given HPA. But it’s still bad from that perspective because it further reinforces the need for sustained real price increases and therefore worse affordability.

It’s sublime tbh

Lol I DL/squat/bench with a Rogue Ohio, if it bends at all it’s staying that way. A little give definitely helps but I’m a masochist.

We came here for two reasons: to eat hamburgers and load the posterior chain. And we’re all out of hamburgers.

Please let us know if you figure out a way to!

I have only ever done high bar ¯\_(ツ)_/¯

no, that's a lot of weight for any human being. for her size it's absolutely shocking.

2/2 But the weekly series (referenced in the headline above) is less tested. Either way I don't take a huge signal from it other than to say hiring definitely hasn't inflected higher or collapsed over the past month.

These don't show a step-change either way. ADP's monthly data series was historically useless for predicting a given month's NFP print but the revisions to their methodology in 2022 and the decline in CES response rates have made them MUCH more useful for predicting revised payrolls. 1/2

like have you seen WULF or CIFR and what they're doing?

um, no.

all good I just hadn't seen the headline

YES

The key is overreacting to a data series that didn’t exist until a couple months ago.

Never mind!

I haven’t seen it yet, is it out?