Today we had a special visit from Steve Melnikoff, a 100-year-old Ravens fan who fought in World War II. He earned four Bronze Stars and two Purple Hearts.
We thank Steve for sharing his wisdom. It was a great honor.
@RaoulGMI@wolfejosh Thanks for posting this. Helpful to those early in careers (myself included) who aspire to be as successful. Wasn't built in a day!
This is about $969Bn in 2017 U.S. GDP. TARP was $700bn or about 5% of GDP. Not counting the other measures but still unbelievable how under the radar this is.
"China's borrowing for January was insane. The numbers because they are so large it is meaningless. if the January pace is kept up China is already throwing the whole kitchen at the economy. It borrowed FIVE PERCENT OF GDP IN ONE MONTH. That’s peak-WW2 level of borrowing" - Rabo
@Derekwj@RaoulGMI@TommyThornton@novogratz Because he could be doing an in- depth interview with a patient interviewer and patient people who are willing to listen for hours (subscribers).
@CesarLobo1696 Would like to chat even if no doubts! Interesting to hear perspectives. Try and get exposure to all information that I can. Surely is a pivotal time.
Since Powell backtracked and the PBOC stepped up liquidity injections, global money supply has roundtripped to March 18 levels.
Forget earnings or macro. This is why markets have rallied.
Commodities have bounced back with massive liquidity injections -mostly from PBOC-, while macro data continues to point to global slowdown. We must be aware of the liquidity effect vs fundamentals