Unrelated to anything else I’m about to say: the two biggest cultural influences of my life are (a) Star Trek, the original series and (b) Monty Python’s Flying Circus. I mention this because Netflix now has just about everything related to Monty Python you can imagine, including a wonderful documentary I’m watching now called Almost the Truth. If you are a MPFC fan and have Netflix, I encourage you to check it out.

On less funny subjects……..I am very pleased at how bonds are continuing to breakdown. It is precisely what I hoped would happen.

Zooming in specifically to TLT (which I am substantially short and also own January 2019 puts on), the breakdown is proceeding marvelously. The event that will dwarf all others would be a failure of the 111.39. If this happens, I won’t shut up about it. Promise.