Transcript
Discover Representative (0:00)
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Lifelock Representative (0:31)
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Mike Pesca (1:00)
Hi. If you're a Pesca plus subscriber, we invite you to stick around after hours for this month's version of the book club. Just wanted to have my old friend Ben Limberg come by. He's one of America's best baseball writers and thinkers and talkers. So we will be talking babip. But he's also a great culture writer, so we'll be talking Severance and White Lotus. Maybe we'll be talking about how all those things overlap. I don't know. What would that be? Perhaps the suicide squeeze. I don't want to ruin anything from Prestige TV or last night's Rockies Mariners game. Tilt. Rockies Mariners tilt. So Ben Lindbergh will be by in order to experience this. All the other book clubs. All else we do live events. The show without any ads. The show with extra bonus content. Go to subscribe.mike pesca.com we're adding more every day. Hope to see you on the 24th. It's Thursday, April 10, 2020, from Peach Fish Productions, it's the gist. I'm Mike Pesca. Donald Trump first described it this way. We're getting yippee. You know, getting a little bit yippee. A little like a golfer who pooched a punt. Later, same press availability described it a different way. Yeah, I saw last night where people were getting a little queasy. Indeed, the locus of these Hebe's gb the bond market. The stock market's one thing, but the bond market, that is another. Let me tell you about the bond market. The bond market is the White haired man in the impeccable suit in the club chair who doesn't say much, but he comes in every day and you could count on him. He has one ice tea, three cubes and always leaves a $5 tip. That is the bond market. The bond market is unsexy but reliable, Unexcitable but predictable. But when the bond market becomes excited and unpredictable, you better worry and get a little queasy. But let me tell you who the bond market isn't. The bond market's not on insta. The bond market doesn't have a social media manager. The bond market doesn't tell you to smash the like button. The bond market isn't getting its own meme coin. The bond market has never spent time in an infrared sauna. The bond market isn't into intermittent fasting. The bond market hasn't scored resis into an impossible to get into restaurant with a chilled jicama stew. The bond market isn't at all curious about microdosing or an ayahuasca journey. The bond market doesn't take facial ice baths. The bond market didn't do a quick walk on on the Real Housewives of Salt Lake. The bond market never sat in for a deejay set with any former members of Swedish House mafia in Ibiza, Tulum or Havar. The bond market was never featured on a diss track with da baby. So that's not what the bond market does. But here's what the bond market did. It made us yippee or queasy or it just reared its head. As they said on cnbc.