Yeah except that’s not what’s really happening. The Fed is still a net seller at $5 billion a month. When debt matures in the billions at the Fed it repurchases treasuries in the amount they roll off their books less the 5 billion they are allowing to expire. Granted this is less than the 65 billion the were allowing to expire without repurchase post COVID QT but the Fed is still a net seller to the tune of 5 billion a month. The fact that people are starting to see how SOMA works and just how much room the Fed has to act in the event of QE is a positive development however. The Fed is not doing anything someone holding a maturing bond would do. Repurchasing! Yet in this case they are buying less than what’s maturing. Yes they are a bidder at auction in the amount they need to acquire to maintain their book value but suggesting this is some sort of printer is just misinformation.

Very good points, Texan Hunter. 

The company is running out of money at a time when it needs vast resources to scale its manufacturing process.

Great for the market to talk about, and only sentinents move markets. So maybe something.

I'm bearish too. This thing is doomed. 

Seems like crypto is crashing across the board. Even more reliable currencies like #Bitcoin and #etherium.

These airlines are now charging a fortune for flights.  But the service is so much worse than it used to be, as is their on-time performance.  And the cancellations are out of control.  Over a 1,000 flights cancelled so far this weekend!