keep carthage weird

buy the shirt

[JustDario @DarioCpx]

The Korean government is planning to start buying AI stocks in the open market when the KOSPI is currently still up ~50% YTD

Maybe they are just competing with Japan on who can incinerate more public money and damage the domestic economy faster 🤷‍♂️

[keep carthage weird @DJDeepThought1]

This case also demonstrates the limitations to “insider” knowledge. The market is sometimes efficient even with respect to those who “know” more. However much you know about the present, nobody knows the future, let alone the exact path by which we evolve toward a future.

[GURGAVIN @gurgavin]

LEOPOLD’S HEDGE FUND SITUATIONAL AWARENESS HAS REPORTEDLY SOLD ITS ENTIRE PORTFOLIO OF STOCKS AFTER SUFFERING HEAVY LOSSES

THIS IS THE SAME GUY WHO PEOPLE HERE CALLED THE NEW WARREN BUFFETT LOL

[keep carthage weird @DJDeepThought1]

@MacroEdgeRes I want an apology for the circuit breakers, not the leveraged etfs

[keep carthage weird @DJDeepThought1]

@DarioCpx I want an apology for the circuit breakers, not the leveraged etfs

[keep carthage weird @DJDeepThought1]

I’m a little sick of these takes that observe some industrial organization or whatever like “is this a runaway crisis?!?”

[Boring_Business @BoringBiz_]

OpenAI buys NVIDIA chips to do AI

NVIDIA invests in OpenAI equity

OpenAI uses money to buy more chips

NVIDIA raises prices of chips more

Capex number goes higher to buy chips

Investors are concerned

NVIDIA provides backstop to OpenAI

Investors give more money to OpenAI

OpenAI buys more NVIDIA chips to do AI

[Edward Dowd @DowdEdward]

🚨Private credit troop movements:

First Head of BlackRock’s private credit fund resigns in early July and now Co-CEO of BlackStone’s $78 billion private credit fund resigns.

These are not bullish signs. https://t.co/ftGwKRlsuN

[OddStats @OddStats]

The US has been having fewer and fewer recessions over time.

This shows the percentage of time spent in a recession during the first 40 years of your life, based on birth month; from 1900 thru 1986 (a 40 year old right now).

[Green Lark @the_green_lark]

There are two types of momentum crashes: market rebounds (left) and market downturns (right).

The prototypical momentum crashes are rebound crashes, for example post GFC 2009. They are much more violent and driven by the short leg.

But there were also some downturn crashes, for example Dotcom burst 2000. They tend to be milder and driven by both legs equally.

[keep carthage weird @DJDeepThought1]

Company takes on debt, equity values adjust to position for greater equity return going forward. Modigliani-Miller. Bankruptcy risk is real too of course.

[Roger @rdd147]

$ORCL was a $1 Trillion company. The company has lost 2/3 of its value in 9 months and 31% of its value in one month. These are moves indicative of institutional insight into bankruptcy. Not overreaction.

[The Math Flow @TheMathFlow]

The Geometry of Integration by Parts.

[keep carthage weird @DJDeepThought1]

Look at all these cars. Must be a good highway

[Global Markets Investor @GlobalMktObserv]

🔴MOMENTUM STOCKS ARE UNRAVELING AT THEIR FASTEST PACE SINCE THE GREAT FINANCIAL CRISIS:

Goldman's US High Beta Momentum basket is on track to fall -23% this month, its worst monthly decline in 17 years, when it fell as much as -34% in its steepest month.

This basket tracks volatile, high-beta momentum names, with stocks like Nvidia, $NVDA, Super Micro Computer, $SMCI, Palantir, $PLTR, D-Wave Quantum, $QBTS, and Navitas Semiconductor, $NVTS, among the names contributing most to its moves.

These stocks are also among the most favorite of retail investors.

This comes as investors increasingly question whether AI hyperscalers are overbuilding their capacity.

The most speculative corner of the AI trade is unwinding at a furious pace.

[Green Lark @the_green_lark]

Momentum is seasonal

[Jurrien Timmer @TimmerFidelity]

China has been the sole outlier in the race for higher payouts.

[Chris Pavese @ChrisPavese]

Never thought I'd see this in my lifetime.

[keep carthage weird @DJDeepThought1]

So there are non-exploding types of diarrhea?

[keep carthage weird @DJDeepThought1]

Socialist Democrat doing a Minsky Moment

[Polymarket @Polymarket]

JUST IN: Mamdani proposes banning NYC landlords from requiring both proof of income & a credit check — while forcing landlords or brokers to pay any credit-check fees.

[keep carthage weird @DJDeepThought1]

Makes sense lol

[keep carthage weird @DJDeepThought1]

https://t.co/zWSyXyXP3i

[Hedgeye @Hedgeye]

JUST IN: Private Credit defaults hit the highest level in history