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Big news in finance! 🚀 DoubleLine Capital welcomes Seth Coulson, CFA, as the new Institutional Relationship Manager. With an impressive background and a forward-thinking approach, Seth is all set to revolutionize customer relationship management and investment solutions for our clients across the Central U.S. Discover the full story and how this addition marks a new chapter for DoubleLine and its commitment to excellence. Don't miss out on how we're shaping the future of investments! #DoubleLineCapital #FinanceInnovation #InvestmentSolutions
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[ My cousins used to do photo challenges in which they would take a photo or photos of a day in their lives through their eyes (or lenses hehe). Not only did these photos serve as updates to one another this year, but these behind-the-scenes shots also etched what was once my current status into memories. ]
#firstdragbrunch#cruturlock#hbdmom#yesthatsmyundergradbanner#cheffurry#chefandwinston#bigspoonenergy#chefandfriends#covidtesting#focusonthenegative#doublelines#plants
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me when the chevy silverado serves around and speeds past me on a doublelined two lane road when im already going 40 in a 30
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i guess “wobbly” isn’t totally the right way to describe what’s going on with my art, a better descriptor might be a sort of “double vision” created through an inevitability turned into an intentionality
(sorry im very sick rn and my sick brain accidentally wrote some barely readable essay about my own artistic techniques orz under da cut)
i think a large part of the reason i gravitate towards drawing analogue vs digital nowadays (ignoring the fact that i have spatial issues and i can keep track of proportions much easier on paper than on a screen) is that like, at least in my experience (growing up on deviantart LOL) traditional art, while being less popular online (at least, growing up on deviantart it was), also allowed way more room for visual mistakes and imperfections than digital art did. i think sometimes, at least for me, having an undo button ended up putting a weird perfectionism on me instead of being a useful tool orz
YOU MAY have noticed my double/triple lines in my linework, especially in long, uninterrupted lines, that’s what i mean by inevitability turned intentionality: its a sort of “line correction” like one would do when doing a rough sketch except for some ungodly reason i do it during my very permanent inking stage LOL jk jk its actually several very good reasons: you know how many artists find their rough sketches look better than their final linework? part of that is because your eyes bring in all the competing sketchy lines together as one cohesive sort of “vibe” of a line, making it look exactly how your brain thinks it should look to be “correct”
another reason is that, going back to the spatial issues, the dysgraphia is inevitable and i will always end up strange, jerky lines no matter the sketch stage or the ink stage, no matter how careful i am no matter how careless, its something that’s stuck with me for 24 years and i can usually write my b’s and d’s without a reference nowadays (the z’s are still questionable) but it’s always present - SO i’ve found, especially in the past couple years, embracing it is vital
hold on, here’s some examples of my double lines:
THIS drawing around the legs is a REALLY clear example lol
you can see what happened, the red lines are what i attempted to draw first, my dysgraphia then caught up to me half way through bringing in those big wobbles, and then i added the blue lines as a sort of corrective buffer
this one had a LOT, the orange lines were likely what were drawn first. you can kind of tell that i tend to ink from the face first because as i get to the body i get more tired and the more corrective lines need to be drawn LOL
of course there’s exceptions: i think with this girl I hadn’t done any warmup sketching (just drawing vague circles and swirls and lines or maybe a blobby creature doodle LOL) and my hands were hashtag unsteady hjdskfjds
of course when i said inevitiability turned intentionality, i do mean that part of it is done intentionally: on purpose. that’s part of embracing it: it really does just look good and feel good to draw like this. like here i can’t remember or tell which lines were drawn first, i just know it felt right where i placed all my doublelines
i think that’s why i had to stop doing digital art for a while, it tends to not be super conducive to this style of drawing, or at least i haven’t quite gotten the hang of it (despite doing digital art since i was 10 LOL). i remember like 90% of the stuff i would draw digitally, instead of letting my doublelines through i would just ctrl+z and redraw the line 3000000 times until it was “perfect” orz a fools errand that created way more work for myself and was nawt great for my drawing health (both physically and mentally very exhausting). i hope someday i can work out some techniques im happy with that make digital art feel as easy as analogue art has become for me
my chosen medium for colouring in traditonal art also helps i think, i originally gravitated towards watercolour because it was faster and easier on the hands than pencil crayons (especially as a person with this many ocs with black and brown hair LOL my pencil crayons were STUBS while the other colours were nearly untouched) but it also allows for you to get SLOPPY with it LOL painting outside the lines feels SO good and right and not painful WOULD RECOMMEND. plus, i think you can see it in my drawing of Su up there with her brown hair, because to build up deeper colours in watercolour i find it easiest to do it in layers + i cant mimic the brushstrokes very easily, i end up with these sort of simple gradations around all my drawings which i think has a similar i-liked-the-rough-sketch-best effect that the doublelines have, the weird aura tricks the brain into filling in the blanks
of course my lineart style is not super conducive for digital art colouring, paintbucket filling this shit is a NIGHTMARE jkgdfldsjhfkds that’s another thing i gotta do a lot of experimentation with..............
anyway WHAT im trying to say is sometimes the best thing you can do for your art is let your arms draw the way they want to. (also im tricking your eyes into seeing the best version of my art with my fuzzy colouring and double-lined inking. bmpmp3′s trick hee hee)
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DoubleLine sounds alarm on US government debt spiralling higher
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Gundlach clashes with Gross over how low Treasury yields can go
(Bloomberg) — Some of the biggest names in the bond world are at odds about just how far Treasuries can rally now the Federal Reserve has signaled a pivot toward interest-rate cuts. Most Read from Bloomberg Jeffrey Gundlach at DoubleLine Capital says US 10-year yields will fall toward the low 3% range as the central bank is likely to slash its cash-rate target by a full two percentage points next…
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The Immutable Challenge of Our National Debt: Insights from Jeffrey Gundlach
In the financial world, Jeffrey Gundlach is a revered figure known for his insightful analysis and bold predictions. As the Chief Executive Officer and founder of DoubleLine Capital, his expertise carries considerable weight. Recently, Gundlach shared his thoughts at the Yahoo Finance Invest conference, shedding light on the perennial issue of the national debt and its impact on investors. The…
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BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC
United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned that this “should put everyone on recession warning.” Arthur Hayes,…
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United States 10-year Treasury yields soared above 4.8% on Oct. 3, their highest level since 2007. DoubleLine Capital CEO Jeffrey Gundlach said in a post on X (formerly Twitter) that the spread between the 2-year and 10-year Treasury yields has narrowed from 109 basis points a few months ago to 35 basis points. He cautioned that this “should put everyone on recession warning.”Arthur Hayes, former CEO of crypto exchange BitMEX, warned in a recent X thread that the government will have to print money to save the bond market as a faster bear steepener — a condition where long-term interest rates rise more quickly than short-term rates — will cause firms to collapse. Some investors believe that this could trigger a cryptocurrency bull market.Daily cryptocurrency market performance. Source: Coin360It also looks like the institutional investors have started to warm up to cryptocurrencies. CoinShares’ latest Digital Asset Fund Flows Weekly Report shows inflows of $21 million into digital asset investment products for the first time in six weeks. In this uncertain macro environment, let’s take a look at the charts to determine the next potential move.Bitcoin price analysisBitcoin (BTC) rose above $28,143 on Oct. 2 but the long wick on the candlestick shows the bears are aggressively selling at higher levels. The bears tried to build upon their advantage on Oct. 3 but the bulls held their ground at $27,160.BTC/USDT daily chart. Source: TradingViewThe upsloping 20-day exponential moving average ($26,903) and the relative strength index (RSI) in the positive territory indicate that bulls have the upper hand. Buyers will once again try to clear the overhead resistance at $28,143.A close above this level will complete a short-term double bottom pattern, which has a target objective of $31,486.This positive view will be invalidated if the price once again turns down from the overhead resistance and plummets below the 20-day EMA. That could yank the price to $26,000. The BTC/USDT pair could then continue to consolidate between $24,800 and $28,143 for a while longer.Ether price analysisEther (ETH) turned down sharply from the overhead resistance of $1,746 on Oct. 2, indicating that the bears are fiercely guarding this level.ETH/USDT daily chart. Source: TradingViewThe 20-day EMA ($1,640) is flattening out and the RSI is near the midpoint, indicating a balance between supply and demand. If the price turns up from the current level, the bulls will again try to overcome the obstacle at $1,746. If they can pull it off, the ETH/USDT pair will complete a double bottom pattern, having a target objective of $1,961.On the other hand, if the price continues lower and tumbles below the moving averages, it will suggest that the pair may extend its stay inside the $1,531 to $1,746 range for some more time. BNB price analysisBNB (BNB) jumped above the $220 resistance on Oct. 2 but the bulls could not sustain the breakout as seen from the long wick on the day’s candlestick.BNB/USDT daily chart. Source: TradingViewThe failure of the bulls to maintain the price above the 20-day EMA ($214) is a negative sign. It shows that traders are rushing to the exit. The BNB/USDT pair could next fall to the uptrend line. If the price rebounds off this level, the bulls will again try to push the pair above $220. A close above this resistance could signal the start of an up-move to $235 and thereafter to $250. Instead, if the price breaks below the uptrend line, the pair may decline to the formidable support at $203.XRP price analysisBuyers pushed XRP (XRP) above the symmetrical triangle pattern on Sep. 29 and then foiled several attempts by the bears to pull the price back into the triangle. XRP/USDT daily chart. Source: TradingViewThe bulls will next try to surmount the overhead resistance at $0.56. If they are successful, it will signal the start of a new uptrend. The XRP/USDT pair could then start its journey toward the pattern at $0.66.Conversely, if the price turns down from $0.
56 and dives below the uptrend line, it will suggest that the bulls are booking profits. That could keep the pair range-bound between $0.56 and $0.41 for a few more days. Solana price analysisSolana (SOL) has been oscillating inside a large range between $14 and $27.12. The price action of the past few days has resulted in the formation of a potential inverse head and shoulders pattern.SOL/USDT daily chart. Source: TradingViewAlthough setups formed inside a range tend to be less reliable, still they should not be neglected. If the price turns up and breaks above the neckline, the SOL/USDT pair could attempt a rally to $27.12 and eventually to the pattern target of $32.81.The critical support to watch on the downside is the 20-day EMA ($20.95). If the price slides below this level, it will suggest that the bulls have given up. That could open the gates for a possible drop to $17.33.Cardano price analysisCardano (ADA) turned down from $0.27 on Oct. 2 and reached the 20-day EMA ($0.25) on Oct. 4. This is an important level to keep an eye on in the near term.ADA/USDT daily chart. Source: TradingViewIf the price rebounds off the 20-day EMA, it will indicate a change in sentiment from selling on rallies to buying on dips. The bulls will then try to shove the price above $0.27 and start an up-move to $0.29 and later to $0.32.If bears want to prevent the rally, they will have to drag the price below the 20-day EMA. The ADA/USDT pair may then once again descend to the vital support at $0.24. The bulls are likely to protect this level with vigor.Dogecoin price analysisThe bulls pushed Dogecoin (DOGE) above the 50-day SMA ($0.06) on Oct. 2 but could not sustain the higher levels. This suggests that bears are selling on every minor relief rally.DOGE/USDT daily chart. Source: TradingViewThe DOGE/USDT pair has reached the formidable support at $0.06. The repeated retest of a support level within a short interval tends to weaken it. If the $0.06 level cracks, the pair may slump to the next major support at $0.055. A minor advantage in favor of the buyers is that the RSI has formed a bullish divergence. This suggests the bears may be losing their grip. The indicators are not providing clarity about the next move. Hence, it is best to wait for the price to close above the 50-day SMA or plunge below $0.06 to place directional bets.Toncoin price analysisToncoin (TON) fell below the 20-day EMA ($2.09) on Sep. 30 and the bears thwarted attempts by the bulls to reclaim the level on Oct. 1. TON/USDT daily chart. Source: TradingViewThe bears are trying to solidify their position by sinking the price to the 50-day SMA ($1.86). This level may result in a rebound that is likely to face selling at the 20-day EMA.If the price turns down from this resistance, it will suggest that the sentiment has turned bearish and traders are selling on rallies. That will increase the likelihood of a drop below the 50-day SMA.On the contrary, if the price turns up and surges above the 20-day EMA, it will suggest that the markets have rejected the lower levels. The TON/USDT pair could then rise to $2.32 where the bears will again try to halt the up-move.Polkadot price analysisPolkadot (DOT) turned down sharply from the 50-day SMA ($4.24) on Oct. 2 and broke below the 20-day EMA ($4.10) on Oct. 3.DOT/USDT daily chart. Source: TradingViewThe bears challenged the important support at $3.91 on Oct. 4 but the long tail on the candlestick shows strong buying at lower levels. The RSI has formed a bullish divergence, indicating that the sellers may be losing their grip.If the bulls push the price above the 20-day EMA, it will suggest that the DOT/USDT pair may extend its stay inside the $4.33 to $3.91 range for some more time. The bears will have to sink the price below $3.91 to start the next leg of the downtrend to $3.50.Polygon price analysisAfter witnessing a tough battle between the bulls and the bears near the moving averages, Polygon (MATIC) bounced on Oct. 4, indicating that buyers are trying to take charge.
MATIC/USDT daily chart. Source: TradingViewThe bulls are trying to build upon the strength and propel the price above the overhead resistance at $0.60. If they manage to do that, it will signal the start of a sustained recovery. The MATIC/USDT pair could then rise to $0.70.Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it will indicate that the bears are active at higher levels. The pair may then retest the crucial support at $0.49. This level is likely to attract solid buying by the bulls.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Method Man and Redman To Perform at Financial Super Conference "Future Proof"
This week's big event is a financial super conference, "Futureproof," with Hip-hop's finest as headliners. And it sounds astonishing. Future Proof This week in Huntington Beach, some of the most prominent financial minds in the world are hosting a super conference, "Futureproof." And this conference is designed to be an unforgettable event. The conference, widely recognized as one of the world's largest wealth festivals, has drawn the attention of financial enthusiasts and industry experts alike. And this year, hip-hop legends Method Man and Redman will perform as honored guests to add an extra layer of excitement. Future Proof Brings Hip-Hop to the Financial World For enthusiasts of the finance world, "Futureproof" will be a conference like no other. While it's not a novel concept, this year's edition is poised to stand out. According to CNBC, it's an event where social engagement holds as much significance as the substantive content. And in 2023, hip-hop is set to be a defining element. But what prompted this shift in format, and why incorporate hip-hop? The masterminds behind the event, Barry Rithotz, and Josh Brown, were motivated by a desire to inject fresh energy into the conference scene. In the words of Rithotz, "Audiences were growing weary of monotonous lectures and lengthy panel discussions predicting the future within the confines of massive, windowless conference centers. So, they envisioned a gathering that would be more sociable, interactive, beneficial, and enjoyable." And what better way to ignite enthusiasm and inspire attendees than by infusing the event with some out-of-the-box activities and the dynamic energy of hip-hop? Futureproof: Events The agenda is remarkably innovative and promises surprises that few would anticipate. Among the diverse lineup of activities, attendees will find Seaside Yoga sessions led by a Goldman Sachs Instructor, highlighting the event's focus on holistic well-being. There's the "Health is Wealth Surfing" experience for those seeking an adrenaline rush. Dance enthusiasts can groove to the rhythm in salsa dance sessions. And connoisseurs of spirits can engage in the spirited "Battle of the Buds: Wine vs. Craft Beer." But Wait, There's So Much More But that's just the tip of the iceberg. Attendees can also get hands-on with a pizza-making class and a sushi-making session, adding a delightful culinary twist to the conference. And for the traditionalists who crave financial insights, there's a wealth of knowledge from esteemed speakers such as Dan Ives from Wedbush and Jeff Gundlach of DoubleLine. Also on deck are Christine Benz, Jeffrey Ptak, Ben Johnson, and Nizar Tarhun of Morningstar. While Michael Batnick and Ben Carlson of Ritholtz Wealth Management will provide insight. And to top it off, there's a panel discussion on "Global Macro Predictions." Hip hop and Finance While hip-hop and the financial sector might appear to be in different realms, they are often intertwined. Many of hip-hop's elite artists and figures are talented musicians and astute entrepreneurial strategists with strong financial acumen. Many hip-hop artists also have diversified their income streams through ventures such as fashion lines, record labels, tech startups, and investments in various industries. This is primarily because they recognize the importance of wealth generation and financial empowerment within the hip-hop subculture and society. This extends to using their platform to promote financial literacy, encourage entrepreneurship, and address socioeconomic disparities. Hip-hop and the financial sector share common ground in their pursuit of economic success and financial empowerment. This makes it clear that these seemingly distinct worlds intersect and influence each other. Method Man, a Businessman Method Man, whose real name is Clifford Smith, has earned a reputation as a savvy investor. His foray into the business world includes a notable venture in 2019 when he delved into the world of Non-Fungible Tokens (NFTs) by launching MEFaverse. And what is MEFaverse? According to Capitalism, it's a fully gamified rendition of a comic book that operates within the Web 3 ecosystem. MEFaverse is a multifaceted project encompassing aspects of eCommerce, advertising, hip-hop culture, technology, pop culture, entertainment, and music. It's designed to provide an income stream for independent holders without relying on secondary market sales. Furthermore, Method Man has also diversified his investments into the cannabis market. In 2020, the Wu-Tang Clan alum founded TICAL (Taking into Consideration All Lives). What is TICAL? TICAl is an entrepreneurial venture dedicated to selling marijuana to black-owned dispensaries. So, if anyone knows the importance of understanding the ins and outs of the financial world, it is Smith. Futureproof Proof: Hip-hop and Finance Go Hand and Hand Hip-hop is more than just music. Hip-hop is a cultural phenomenon with a pervasive influence across all facets of society. This influence is perfectly exemplified by showcasing some of hip-hop's most influential figures at a conference dedicated to fostering financial acumen, literacy, growth, and independence. Not only is it something to look forward to, but it also promises a massive takeaway. As CNBC notes, who knows what could happen? Maybe Method Man will announce Wu-Tang Clan is going on tour and is launching an ETF. Written By: Renae Richardson Read the full article
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The US Reserve Currency & Commodities
In 2016, we published the following chart comparing commodities to the Dow Jones Industrial Average. Mr. Gundlach of DoubleLine had issued a similar chart; however, his version only went back to the inception of the Goldman Sachs Commodity Index in 1970. We were interested in studying previous cycles and decided to construct our equivalent index back to 1900. Incredibly, by 2016 commodity prices…
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Las probabilidades de recesión en EEUU son “muy altas”
“Las probabilidades de una recesión son bastante altas en este momento”, Así lo mencionó #Gundlach en una entrevista en @CNBC.
Agencias, Ciudad de México.-Jeffrey Gundlach, de DoubleLine Capital, dijo que hay una mayor probabilidad de una recesión y que la Reserva Federal probablemente no volverá a subir las tasas de interés después de su incremento más reciente. “Las probabilidades de una recesión son bastante altas en este momento”, dijo Gundlach en una entrevista en CNBC después de la decisión de la Fed de aumentar…
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DoubleLines Gundlach says the Fed will break something if it sticks to its rate-hiking path
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