Andrew Bininger

People, you can't create a daily or weekly time series of "Global M2" when the United States is only updating M2 on a weekly basis and all others are monthly! You are looking at basically 30 out of 31 days of FX fluctuations with a static once-monthly global aggregate multiplied behind it. Only China, USA, and Japan have even updated into March! The rest are still on February values during a time when the dollar has been tanking hard. It is just goofy and frankly a scam to show this metric on a lower cadence than half of its underlying data can support. You're looking at an M2 weighted inverse dollar exchange rate 95% of the time. Be better at math! This matters a lot when also considering China is 46% of Global M2 all by itself and is the ONLY major country whose broad money supply is above its post-covid peak in dollar terms as of the latest figures. They are currently trying to ease out of an ongoing multi-year debt deflation and doing a pretty shit job of it. Their M2 goes straight up. Random #-week offsets are actually made up voodoo because of the aforementioned monthly cadence of every M2 figure except the US. These charts are over fitted junk using extremely recent history as a thesis for why they should correlate. US M2 is below its 2022 peak btw and growing at the slowest pace since Bitcoin's birth excluding 2022-24 when it was negative y/y. Stop being dumb asses with data! Stop proliferating scammy analysis.

What exactly went wrong here?

The NBA presented three comprehensive anti-tanking concepts to its Board of Governors on Wednesday, with modifications expected to each before a formal vote in May, per ESPN sources. 1. 18 teams in draft lottery (seeds 7-15 in each conference) – flattened odds, with bottom 10 teams having an 8% chance, the remaining 20% odds distributed in decreasing order for 11 through 18, and and a lottery drawing for all 18 picks. 2) 22 teams in lottery using 2-year record (seeds 7-15, plus the four playoff first round exits in both conferences). Lottery teams would reach a minimum win total floor in each season, such as 25 wins. If a team falls short of the floor, it gets slotted to meet the floor. Top 4 drawn as part of lottery, as is currently. 3) 18 teams in a "5 by 5" lottery – bottom 5 teams have equal odds for the top pick, with lottery formed for picks 1-5. Bottom 5 teams have a floor at 10; those that fall out of top 5 get sorted in a separate drawing.