Here are this week’s “Tree Rings”.  Have a great weekend!  LG “Coronavirus tanked the economy.  Then credit scores went…UP.”(page 2) 2. “YTD through August, the foreign sector only bought ~5% of net new UST issuance; the Fed & US banks bought 2/3” (page 3) 3. US banking system lending to US government overtaking Commercial & Industrial (C&I) loans (page 4) 4. The FFTT “US Election Decision Tree”(page 5) 5. “It has hit us with a

The window on America’s hegemony is closing.  We are at a point right now where we still have choices.  By 2021, we will no longer have choices.-Conclusions of 16 high-ranking US military officers as quoted in Edward Luce’s book “Time to Start Thinking: America in the Age of Descent” If you can keep your head when all about you are losing theirs and blaming it on you… Yours is the Earth and everything that’s in

Hello- Hope you’re well. This week’s edition of the 10 Most Interesting Things We’ve Read Recently is attached. If you are having trouble logging in, please email fftt@analysthub.com for assistance. Key points: 1. Stimulus deal or no stimulus deal – that is the question (page 2) 2. Traders appear positioned for “no stimulus” pre-election, even as Washington insiders say a deal is coming (page 3) 3. US has $10T in debt maturing in the next