PicoBlog

This report looks at the origins, definitions and outlook for Global Liquidity. It is part primer and part prediction. The earliest things you learn often stay with you. Our key insight came from the bond markets and specifically how the US Treasury yield curve reacts to the cycle of funding liquidity. We learned this decades ago at Salomon Brothers and it stuck: more liquidity induces a steeper yield curve, less liquidity means a flattening curve.

When I touched down at FCI Manchester, a federal prison in the foothills of Kentucky in 1993, Cornbread Mafia leader Johnny Boone was already a legend of mythical proportions in the Appalachian Mountains for growing acres upon acres of weed in the National Forests that surrounded the Bluegrass State. Nobody called him the ‘Godfather of Grass’ or ‘Charlie Grass’ as the media depicted, inside the belly of the beast he was just known as Johnny Boone, expert marijuana grower.

Goldberry Books is a family-run indie bookshop in Concord, NC and the Goldberry Books podcast features conversations about topics in the world of books, from interviews with authors to discussions about notable happenings in the world of publishing. No thanksncG1vNJzZmifn6Gxo7HRq7Cbp5%2BgwG%2B%2F1JuqrZmToHuku8xo

Welcome back to the Golden Bachelor! It’s Jen writing the recap this week, and Karyn will be responding. You’ll know it’s her because those responses will be broken out with a red border. Hello, it’s Karyn! Just a reminder that our 20% sale ends today! Get 20% off for 1 year This is a long recap, yet very little happened. Even the ABC producers were a bit bored, so they got sloppy about putting up chyrons of the ladies’ names, which is pretty frustrating when you’re trying to recap.

Hi folks. After some lengthy reads (brioche suprêmes, Firecrackers), I’ll cut to the chase today. I’m just back from some time in Asheville for the bread festival and still chewing on the themes of whole grains and milling. Along those lines, I’m offering a baguette made using the “en bac” (or “Retrodor”) method, which might be my best yet. A little context first, then the recipe. Thanks for reading. Everybody wants to make a baguette.

Gotham City: it’s not a nice place to visit, and you certainly wouldn’t want to live there. And yet, against all logic, people do. Lots of people. Here’s a town in which ordinary citizens — Gotham’s best and brightest, even — can get gunned down while taking their kid to see a Zorro movie. (Admittedly, they probably shouldn’t take a shortcut through a place called “Crime Alley,” but the Wayne family’s support of independent theaters should still be lauded.

Welcome readers, old and new! Please hit the ❤️ above if you’re happy waking up to the dulcet tones of HNTFUYF. Some beauty trends bewilder me. Black lipstick, for example. I thought that trend was dead, but I recently received an email about the launch of a new limited edition black lip color. Here’s one explanation of the trend’s popularity I wrote abou… ncG1vNJzZmiukaGys7XEpqanqp%2Bae7TBwayrmpubY7CwuY6pZq2glWK0s63YZpmrp6dir63BxKw%3D

I have no idea what I originally planned to write about today and it doesn’t matter. The last eighteen hours have been so utterly bewildering it is impossible to write about anything else. If you’re following me on the Platform Formerly Known as Twitter, you might have noticed that I posted a thread about a nightmare Airbnb scenario. It started as a las… ncG1vNJzZmilnKe2sLDIrJquqqOevK%2B%2Fjaysm6uklrCsesKopGioX6m1pnnGq5yarF2WtrOuzZtknZ2SlrCtsQ%3D%3D

Where do I begin to talk about RL Boyce, the greatest improvisationalist of the Hill Country Blues sound? RL Boyce died yesterday morning peacefully in his home in Como, Mississippi after being diagnosed with lung cancer a few months ago. His was a late diagnosis, a diagnosis that the cancer had already spread throughout his body. Damn it, RL. I first met RL Boyce at one of Otha Turner’s annual picnics.