Ajay Mirchandani

Proud Indian

[Ajay Mirchandani @AJ_Mirc]

@TheLooneyGirl Do* nothing

[Ajay Mirchandani @AJ_Mirc]

@markoinny @conksresearch @conksresearch you are the best monetary plumbing research On X - nice to see @markoinny following your work - GOAT recognizes GOAT

[Ajay Mirchandani @AJ_Mirc]

#Gukesh does it at just 18 years old becoming only the 18th world #chess champion in history! Next target to beat the greatest chess player in the world currently , #Magnus #Carlsen. Time to come back champ for a battle of the ages! Thank you #Singapore for being an awesome host

[Ajay Mirchandani @AJ_Mirc]

#5: Overall, a distinct shift across the board to the Republican platform vis-a-vis Democrat one in this election.

Data attached in screenshot below
@zerohedge

[Ajay Mirchandani @AJ_Mirc]

@zerohedge Worthwhile to review the actual vote count state by state to make sense of the 2020 vote count v/s 2024 data. See below state by state vote data with few key conclusions:

#1: Vote count seems awry as California is still at only 59% (table at end)

[zerohedge @zerohedge]

Sorry to beat a dead horse, but can we go back to what happened here?

[Ajay Mirchandani @AJ_Mirc]

#4: In "blue wall" states of PA, MI , WI & MN - Democrats saw a vote count drop of ~2-3% while Republicans saw a ~4% vote increase

[Ajay Mirchandani @AJ_Mirc]

India finishes 16th in #Paralympics 2024 table & 4th best in Asia with 29 medals in comparison to finishing 67th in 2012 with a single medal! Well done , #India 👏. Hope this gets due credit in the press coz this is special! @BJP4India @PMOIndia @INCIndia Thank you, Team India

[Ajay Mirchandani @AJ_Mirc]

@AJEnglish Bangladesh Can’t Afford to Let Chaos Reign https://t.co/VrI1XOVka4

[Ajay Mirchandani @AJ_Mirc]

@JavierBlas @baldersdale @JavierBlas You mean $150 a barrel and not $50 a barrel , I assume ?

[Andy Constan @dampedspring]

My experience in the early days of HFT A story.

In 1995 the best new hire I ever made in my career invented a high frequency trading statistical arbitrage model that traded every stock in the SPX. We put it to work in markets. It was phenomenal 5ish sharp ratio but unscaleable

[Ajay Mirchandani @AJ_Mirc]

Andy @dampedspring has been a leading view on Treasury quarterly refunding trends - easily one of the sharpest minds out there

Nice thread on how he sees bills share % rising but NOT positive for markets overall

[Ajay Mirchandani @AJ_Mirc]

Really good thread on Repo market’s move to central clearing (starting 2026) & its risks to leverage within the system & mispricing

[Conks @conksresearch]

A new centrally cleared era in repo markets is looming, which will cause an exodus from its shadowy yet most systemic regions. This may increase resiliency but also inhibit key trades gluing U.S. Treasury markets together. The Repo Leverage Squeeze™ is here... 1/

[Amit Goel @agentic_ai]

This is the CEO of the largest bank in the world (mkt cap) - JPMorgan CEO Jamie Dimon praises Prime Minister Modi for his achievements in India.

He talks about how tough it has been to lift the country and when some of western liberal media beats him down .. we don't hv the right to lecture him

[Ajay Mirchandani @AJ_Mirc]

Gold’s rally (since Mar’24) is intriguing given it is also in backdrop of (i) lower rate cuts expectations (now at 2-3 v/s 6-7 at start of year) & (ii) “sticky” inflation concerns even though real rates still ~2%

Feels like a risk off moment as “dry powder” of liquidity being built up (just like RRP) which eventually gets unleashed when animal spirits return when the 1st rate cut happens.

With no negative surprise from the quarterly treasury refunding expected, one last hoorah in the making for equities in 2H24 me say. Bull-run coming. “Ready for take-off”

#AJsays #gold #GLD #bitcoin #equities #bullrun #RRP @dampedspring @josephwang @JackFarley96 @LynAldenContact

[Ajay Mirchandani @AJ_Mirc]

Fun Fact : MOVE Index (Bond volatility) fell below 90 in late Mar’24; first time here since Jan’22. VIX1D (1 day volatility index) also hit its lowest level since inception. With FED expected to lower rates can we see another leg-down for volatility? @volatility @equities @Moveindex @VIX @spotgamma @dampedspring @josephwang @JackFarley96 @LynAldenContact @aRishisays

[Ajay Mirchandani @AJ_Mirc]

@dampedspring Always useful info! Didn’t realise the 5 day rule. Thanks @dampedspring

[Ajay Mirchandani @AJ_Mirc]

@TheLooneyGirl No, no, no, no, no…..

[Ajay Mirchandani @AJ_Mirc]

Wow , what a knockout by AJ. How wrong did I get this! There are levels to this sport & AJ showed that today .. well done

Tough luck , Francis but you are & always will be an inspiration

#JoshuaNgannou
#RiyadhSeason
#FrancisNgannou

[Ajay Mirchandani @AJ_Mirc]

Ngannouuuuuuuu!!!!! Let’s gooooo! It’s crazy but my money is on Francis! As he says “Trust the Process”

#JoshuaNgannou