Bill Herrmann

Love and Work.

[Bill Herrmann @BillH314]

@nielsen_to10179 @slammyt Goes without saying.

[Bill Herrmann @BillH314]

Goes without saying @nbcsnl @SNLUpdate

[Rudy W. Giuliani @RudyGiuliani]

100 % Arabica coffee beans roasted right here in America 🇺🇸You will taste the difference! Order today at. https://t.co/9ZXtDxyWdg

[Bill Herrmann @BillH314]

@wolfofx Kenny Powers did it better.

[Wolf of X @WolfofX]

@historyinmemes Kurt Cobain and Nirvana react to hearing what other artists charge for concert tickets in 1993

[Bill Herrmann @BillH314]

The #Yankees and #Orioles are the only two teams in baseball to have their starters go at least four innings this year. @ESPNSportsCentr

Credit: @YESNetwork
Data checked using: @theScore

#didyouknow

[Bill Herrmann @BillH314]

Boeing is a disgust.

[Collin Rugg @CollinRugg]

JUST IN: Boeing offers condolences after a passenger was killed on a Boeing 777 plane, says their “thoughts” are with the passengers and crew.

In total 30 people were injured and a 73-year-old British man was killed.

The incident happened after the plane fell a whopping 6000 feet.

“Suddenly the aircraft starts tilting up and there was shaking so I started bracing for what was happening, and very suddenly there was a very dramatic drop so everyone seated and not wearing seatbelt was launched immediately into the ceiling,” a passenger said.

“Some people hit their heads on the baggage cabins overhead and dented it, they hit the places where lights and masks are and broke straight through it.”

[Bill Herrmann @BillH314]

@StockMKTNewz Uneventful

[Lisa Abramowicz @lisaabramowicz1]

The definition of asymmetric risk: downside surprise on payrolls. Huge bid into bonds, particularly on the front end of the yield curve.

[Bill Herrmann @BillH314]

And what about the cost of doing business…

And what about policing the markets…

The SEC has enough to deal with in these markets, notwithstanding the physiological toll this will likely bring to all market participants…

Futures markets lead, so what’s the point? There is none.

[Bill Herrmann @BillH314]

“Things already happen outside regular hours and you need to keep on top of that to some degree — but that’s very different to something happening to, say, Apple at 2am…” (my emphasis added)

$SPY $QQQ $AAPL #liquidity #fair #orderly #efficient

https://t.co/Nck52dC07J

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Credit card delinquency rates at Discover Financial, the 6th largest credit card issuer in America, just spiked to 2008 levels, according to Reventure.

At Discover, credit card delinquency rates in Q1 2024 jumped from 4.7% to 5.7% in Q1 2024.

To put this in perspective, delinquency rates going into 2022 were at just 1.5%.

This means that delinquency rates are nearly 4 TIMES higher than they were just 2 years ago.

Americans are still spending at record levels even as savings have been depleted.

Are we in a credit card debt bubble?

[Eric Balchunas @EricBalchunas]

Fidelity's inflow streak ended at 63 days on Friday as it took in $0. $IBIT still alive w/ 64 days and looking to tie $USMV tonight for 14th spot all-time. Can it still take in cash despite this wknd's volatility (altho much of it rebounded so ETF invs none the wiser)? We'll see.. h/t @thetrinianalyst

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The 10-year note yield is officially back above 4.60% for the first time since November 2023.

This comes as FOUR rate cuts have been priced-out since January and CPI inflation is up for 2 straight months.

Most recently, Goldman Sachs was the latest bank to note that there could be ZERO rate cuts in 2024.

The base case currently shows just 2 rate cuts this year.

Record high credit card rates and new 52-week high mortgage rates are likely coming next.

Higher for longer is back.

[Ryan Mead @OhRyanMead]

Breakaway Takeaways vs OTT:

- PRESIDENTS TROPHY WINNERS

- 54 WINS - 114 POINTS - FRANCHISE RECORDS

- ARTEMI PANARIN 49 GOALS

- IGOR SHUT OUT

- AND I ASK YOU ON THIS FINAL DAY OF THE SEASON

- IS THIS TEAM GOOD? I THINK SO.

- WHY NOT US??

YOUR PRESIDENTIAL THOUGHTS???

[NHL @NHL]

The cream of the crop. 🤩

The @NYRangers are the top team this season with 114 points!

[New York Rangers @NYRangers]

Big stage. Big moments. Rising to the occasion.

Congratulations to Artemi Panarin on being named the #NYR MVP.

[Bill Herrmann @BillH314]

@eddiejedi @gurgavin Ha!

[Bill Herrmann @BillH314]

Nobody will care because $AAPL YOY decline was priced in already at (~10.5%)…the fascinating thing on this chart is the remarkable rise of those other two. So, thanks, I’ll take a look at them :).

[GURGAVIN @gurgavin]

APPLE IS NOW NO LONGER THE LARGEST PHONE MAKER IN THE WORLD

[Bill Herrmann @BillH314]

@RobertTraveler_ @KobeissiLetter That’s not wrong.

[Bill Herrmann @BillH314]

What’s the plan? There is none.

[The Kobeissi Letter @KobeissiLetter]

Debt-to-GDP Ratios by Country:

1. Japan: 255%
2. Greece: 168%
3. Singapore: 168%
4. Italy: 144%
5. United States: 123%
6. France: 110%
7. Portugal: 108%
8. Spain: 107%
9. Canada: 106%
10. Belgium: 106%

The US now has the 5th highest Debt-to-GDP ratio in the world, up a whopping 20% since 2020.

Since 2008, US Debt-to-GDP has officially DOUBLED as US debt is up $25 TRILLION.

Even in World War 2, US Debt-to-GDP did not exceed current levels.

What's the long term plan here?