Postcards: Why We Don't Fire Buckshot at Cacti... or Recklessly Buy Long Calls

One of the twisted tales of my experience researching my first novel in the Sonoran Desert was the story of David Grundman. Novice traders can learn a lot from the twisted hallucination.

Market Update: The sentiment suggests that the Fed is done raising interest rates. But that doesn’t mean there will be hiccups as we move from “How High” to “How Long.”

Meanwhile, the ongoing “Quantitative Support” - named by Michael Howell - complements the ZeroHedge article that notes how the Fed’s QT program isn’t working.

Dear Fellow Expat:

The sun beats down savagely in the dry Arizona desert.

But this isn’t a weather report.

It’s a story about a man, a shotgun, and an insatiable quest for destruction.

In February 1982, David Grundman and roommate James Suchochi packed several shotguns and a cartoonish amount of ammo into the car. They then drove into the heat two miles north of Interstate 74 near Lake Pleasant Regional Park.

What unfolded next feels like a twisted hallucination or a Hunter S. Thompson fever dream.

Arizona is home to a rare cactus called the saguaro. It only grows in the Sonoran Desert. If you’ve ever watched old Western movies, they’re prominent. You can’t miss the…