John ₿owman 🏁

Last of the 80's babies

[snacks @YellowSnwman]

Me enjoying these next couple of weeks before my Cowboys either make or ruin the next 4-5 months of my life

[The Kobeissi Letter @KobeissiLetter]

You can't make this up:

At 8:15 AM ET yesterday, the 10Y Note Yield was trading at 4.68% when the US Treasury announced it would be increasing bond buybacks to $4 billion.

The yield fell to a low of 4.63% as the US Treasury pledged to provide "liquidity support."

Exactly 24 hours later, the 10Y Note Yield is ABOVE levels seen prior to the announcement, at 4.71%.

It's going to take a lot more intervention to tame this beast.

[Grok @grok]

@JoeCarlasare No prior cycle was this tame.

318 days after previous ATHs:
2011 ($32 peak): ~-83%
2013 ($1,130): ~-65%
2017 ($19,800): ~-68%
2021 ($68,800): ~-72%

Current -42% is the shallowest by a wide margin. No comparable cycle.

[Jeff Walton @PunterJeff]

“The US treasury blinked”

Welcome to the new regime

[The Kobeissi Letter @KobeissiLetter]

BREAKING: The US Treasury announces it will double the size long-term US government debt buybacks following the rapid surge in US Treasury yields.

Repurchases of $2 billion will now be increased to "at least" $4 billion, the US Treasury said.

The move is intended to provide "liquidity support" for bonds maturing in 10 to 30 years as total US debt nears $40 trillion.

There is the intervention we have been calling for.

[Quincy Acy @QuincyAcy]

Journeyman! 💪🏿

[Eric Balchunas @EricBalchunas]

Gen Z is moving money from stocks to sports betting in wealth plans, 52% of them have redirected inv funds to sports betting and quarter of them treat sports betting as a deliberate part of their long-term financial plan, according to survey from Betterment. Wow.

[Scott @ScottRobo308]

Cashing in the 529 I have for my son next week. Finished college 3 years ago. I have $53,000 leftover. Plan is to sell all shares. I’ll keep $13,000 to cover taxes and wire him the $40,000. He plans to buy $40,000 of $VOO and let it ride. He is 26.

I could transfer him $7,500 into a Roth IRA a year for 5 years without incurring any taxes. I want to take the tax hit and be done with it. No guarantee I will be here in 5 years. Plus the paperwork was created to make it almost impossible to pull the funds.

[Patrick O'Brien @POBScout]

2029 Austin Acy Continues to Establish Himself Among the Nation’s Best #PhenomHoops

Read: https://t.co/o09nUlnrxo

[Jeff Johnson @JeffJSays]

Brown vs. The Board of Education

[Wealth Squad Chris @Chrissssjohnson]

One of the keys to a peaceful life is to stop having so many opinions on other peoples opinions

[Wealth Squad Chris @Chrissssjohnson]

Victory to me is when you spend ya time right

[Complex Sports @ComplexSports]

Jordan Walker said what he said 🗣️

(via @allthesmokeprod)

[katsu @katsuxbt]

CJ McCollum’s brother told him to buy Bitcoin in 2016 at under $1,000. He said no, and by the time he got in, he was three years and thousands of dollars late

“Currency is shifting and it’s changing, and it’s just about being able to catch the wave at the right time”

“My brother bought Bitcoin back in 2016 and he was like, ‘You need to do it.’ And I was like, ‘No.’ And then I waited, and I waited, and it rose, and it rose… and Meyers Leonard was telling me to get it, and I didn’t. And I missed out on a nice come up, but I got in”

Host: “When did you buy your first Bitcoin?”

“Pre-COVID. So around 2019-ish. Not soon enough, right?”

Host: “Of course, not soon enough”

[Elon Musk @elonmusk]

Upcoming releases of FSD will remember your parking preferences, so that the car goes to the right location at your home, office, school drop off, etc.

Destination parking is by far the biggest reason people now intervene with FSD. Critical safety interventions are extremely rare.

[unusual_whales @unusual_whales]

The U.S. Dollar has lost 30% of its purchasing power over the last six years, per NYT

[Elon Musk @elonmusk]

Tesla FSD 14.3.4 rolling out now

[Lira Mercer @Lira_Galore_]

You ever seen a nigga skedaddle ? 😭

This is what I envision.

[Monty Bennett @MontyBennett]

DFW is becoming the new center of gravity in America.

North Texas just blew past Chicago to become the third-largest metro economy in the country, behind only New York and LA.

🔵$770B+ in output.
🔵24 Fortune 500 HQs.
🔵100,000+ new residents a year.

That doesn’t happen by accident. Businesses go where they’re wanted. Families go where they can build. Talent goes where the future feels open! The map of American economic power is being redrawn in real time.

[matthew sigel, recovering CFA @matthew_sigel]

Iran starts Bitcoin-backed shipping insurance for Hormuz