{"id":44608,"date":"2025-06-14T13:05:35","date_gmt":"2025-06-14T13:05:35","guid":{"rendered":"https:\/\/idea.membrane.com\/songwriter\/?p=44608"},"modified":"2025-06-14T13:05:35","modified_gmt":"2025-06-14T13:05:35","slug":"unsound","status":"publish","type":"post","link":"https:\/\/kingarthur.com\/songwriter\/2025\/06\/14\/unsound\/","title":{"rendered":"Unsound"},"content":{"rendered":"<p><a href=\"http:\/\/kingarthur.com\/MegaEpix-Enormous\/multimedia\/XIV\/Unsound.mp3\">Unsound.mp3<\/a><br \/>\n<a href=\"http:\/\/kingarthur.com\/MegaEpix-Enormous\/multimedia\/XIV\/Unsound.mp4\">Unsound.mp4<\/a><br \/>\n<a href=\"http:\/\/kingarthur.com\/MegaEpix-Enormous\/multimedia\/XIV\/Unsound-Unplugged-Underground-XXI.mp3\">Unsound-Unplugged-Underground-XXI.mp3<\/a><br \/>\n<a href=\"http:\/\/kingarthur.com\/MegaEpix-Enormous\/multimedia\/XIV\/Unsound-Unplugged-Underground-XXI.mp4\">Unsound-Unplugged-Underground-XXI.mp4<\/a><br \/>\n<a href=\"http:\/\/kingarthur.com\/MegaEpix-Enormous\/multimedia\/XIV\/Unsound-intro.mp3\">Unsound-intro.mp3<\/a><\/p>\n<p>[Intro]<br \/>\nUnsound (practices)<br \/>\nResound (infantile damages)<\/p>\n<p>[Verse 1]<br \/>\nMarket reaction<br \/>\nTo bombs and babies<br \/>\nSharp retraction<br \/>\nFrom all the maybe&#8217;s<\/p>\n<p>[Chorus]<br \/>\nUnsound (policies)<br \/>\nResound (in tragedies)<br \/>\nAmerican (exceptionalism)<br \/>\nAt the precipice (of a schism)<\/p>\n<p>[Bridge]<br \/>\nThere is no flight<br \/>\nTo safety<br \/>\n(No light)<br \/>\nIgnorance too hasty<br \/>\n(Not right)<\/p>\n<p>[Verse 2]<br \/>\nFinancial markets<br \/>\nMark a new norm<br \/>\nFlight to the bond<br \/>\n&#8230; is gone<\/p>\n<p>[Chorus]<br \/>\nUnsound (policies)<br \/>\nResound (in tragedies)<br \/>\nAmerican (exceptionalism)<br \/>\nAt the precipice (of a schism)<\/p>\n<p>[Bridge]<br \/>\nThere is no flight<br \/>\nTo safety<br \/>\n(No light)<br \/>\nIgnorance too hasty<br \/>\n(Not right)<\/p>\n<p>[Chorus]<br \/>\nUnsound (policies)<br \/>\nResound (in tragedies)<br \/>\nAmerican (exceptionalism)<br \/>\nAt the precipice (of a schism)<\/p>\n<p>[Outro]<br \/>\nAmerican (exceptionalism)<br \/>\nAt the precipice (of a schism)<\/p>\n<p>ABOUT THE SONG<\/p>\n<p data-start=\"108\" data-end=\"212\"><strong data-start=\"108\" data-end=\"212\">Market Reactions to Bombs and Babies: What\u2019s No Longer Surprising\u2014And What Should Be Alarming<\/strong><\/p>\n<p data-start=\"214\" data-end=\"559\">The most recent geopolitical shock\u2014marked by yet another bombing campaign with tragic civilian casualties, including children\u2014once again shook global financial markets. While the human toll is heartbreaking, the market&#8217;s response offers a revealing glimpse into shifting investor psychology and the erosion of long-standing economic assumptions.<\/p>\n<h3 data-start=\"561\" data-end=\"589\">What Was Not Surprising:<\/h3>\n<p data-start=\"590\" data-end=\"648\">The immediate market reaction followed a familiar pattern:<\/p>\n<ul data-start=\"649\" data-end=\"1127\">\n<li data-start=\"649\" data-end=\"754\">\n<p data-start=\"651\" data-end=\"754\"><strong data-start=\"651\" data-end=\"689\">Major stock market indexes dropped<\/strong> sharply, as expected during times of escalating global conflict.<\/p>\n<\/li>\n<li data-start=\"755\" data-end=\"932\">\n<p data-start=\"757\" data-end=\"932\"><strong data-start=\"757\" data-end=\"787\">Defense contractors soared<\/strong>, including <strong data-start=\"799\" data-end=\"872\">General Dynamics (GD), Lockheed Martin (LMT), and BAE Systems (BAESY)<\/strong>, reflecting investor bets on prolonged military engagement.<\/p>\n<\/li>\n<li data-start=\"933\" data-end=\"1014\">\n<p data-start=\"935\" data-end=\"1014\">The <strong data-start=\"939\" data-end=\"963\">VIX volatility index<\/strong> spiked, signaling heightened fear and uncertainty.<\/p>\n<\/li>\n<li data-start=\"1015\" data-end=\"1127\">\n<p data-start=\"1017\" data-end=\"1127\"><strong data-start=\"1017\" data-end=\"1038\">Oil prices surged<\/strong>, as conflict in key regions raised concerns over supply disruptions and energy security.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1129\" data-end=\"1287\">These responses are in line with historical precedent. When bombs fall, markets get jittery, investors retreat from risk, and defense and energy stocks rally.<\/p>\n<h3 data-start=\"1289\" data-end=\"1313\">What Was Surprising:<\/h3>\n<p data-start=\"1314\" data-end=\"1380\">However, what <strong data-start=\"1328\" data-end=\"1345\">didn\u2019t happen<\/strong> is more significant than what did.<\/p>\n<p data-start=\"1382\" data-end=\"1686\">There was <strong data-start=\"1392\" data-end=\"1444\">no flight to safety in the U.S. Treasury markets<\/strong>. Historically, Treasury securities\u2014especially 10-year notes and longer-term bonds\u2014<strong data-start=\"1527\" data-end=\"1563\">rally during geopolitical crises<\/strong>, as investors seek the safety of stable, liquid government debt. But this time, <strong data-start=\"1644\" data-end=\"1668\">Treasury prices fell<\/strong>, and yields rose.<\/p>\n<p data-start=\"1688\" data-end=\"2126\">This break from tradition is both <strong data-start=\"1722\" data-end=\"1750\">unexpected and troubling<\/strong>. It suggests that U.S. government debt is no longer perceived as the safe haven it once was. Whether due to ballooning deficits, political instability, erosion of institutional trust, or the long-term effects of America\u2019s increasingly isolationist and unilateral foreign policy, the failure of Treasuries to attract capital in a time of crisis is a flashing red warning sign.<\/p>\n<h3 data-start=\"2128\" data-end=\"2164\">A Broader Decline in Confidence?<\/h3>\n<p data-start=\"2165\" data-end=\"2543\">This development may signal a deeper issue: <strong data-start=\"2209\" data-end=\"2251\">the decline of American Exceptionalism<\/strong>. For decades, U.S. markets, institutions, and the dollar were seen as global anchors in times of chaos. But under the economic and geopolitical shadow of Trump-era policies\u2014marked by trade wars, weakened alliances, and inward-looking nationalism\u2014those anchors appear to be losing their grip.<\/p>\n<p data-start=\"2545\" data-end=\"2877\">If markets no longer reflexively turn to U.S. Treasuries in times of turmoil, it could indicate a <strong data-start=\"2643\" data-end=\"2692\">long-term shift in global investor confidence<\/strong>. And if that\u2019s the case, we are not just witnessing volatility\u2014we may be entering a new paradigm in which America\u2019s financial and geopolitical dominance is no longer taken for granted.<\/p>\n<p>&nbsp;<\/p>\n<h2>Song inspired by <a href=\"http:\/\/everything.membrane.com\/trumpenomics-the-decline-of-the-us\/\">Trumpenomics: The Decline of the US<\/a><\/h2>\n<h3>From the album &#8220;<a href=\"\/songwriter\/tag\/sound-sound\/\">Sound Sound<\/a>&#8220;<\/h3>\n<h2><a href=\"http:\/\/membrane.com\/global_warming\/\">The Human Induced Climate Change Experiment<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Unsound.mp3 Unsound.mp4 Unsound-Unplugged-Underground-XXI.mp3 Unsound-Unplugged-Underground-XXI.mp4 Unsound-intro.mp3 [Intro] Unsound (practices) Resound (infantile damages) [Verse 1] Market reaction To bombs and babies Sharp retraction From all the maybe&#8217;s [Chorus] Unsound (policies) Resound (in tragedies) American (exceptionalism) At the precipice (of a schism) [Bridge] There is no flight To safety (No light) Ignorance too hasty (Not right) [Verse 2] [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[9,14],"tags":[4137],"class_list":["post-44608","post","type-post","status-publish","format-standard","hentry","category-daniel","category-lyrics","tag-sound-sound"],"_links":{"self":[{"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/44608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/comments?post=44608"}],"version-history":[{"count":3,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/44608\/revisions"}],"predecessor-version":[{"id":44623,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/posts\/44608\/revisions\/44623"}],"wp:attachment":[{"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/media?parent=44608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/categories?post=44608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kingarthur.com\/songwriter\/wp-json\/wp\/v2\/tags?post=44608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}