Hedgie

God, family, country. Waddling through the corn fields

[Hedgie @LevelHedge]

God, family, country

There is no other way

[Libs of TikTok @libsoftiktok]

New poll reveals just 29% of Democrats are proud to be American vs 90% of Republicans

This should tell you everything you need to know.

[The Kobeissi Letter @KobeissiLetter]

The market is dropping in response to the Fed's first meeting with Kevin Warsh as Fed Chair for one key reason:

We will have far less information going forward.

During the press conference today, Fed Chair Warsh announced that the Fed has "dropped" forward guidance.

He even hinted that the "dot plot" could be changed or eliminated along with all forms of Fed communication, such as the policy statement and press conferences.

In other words, the market will now have less Fed outlook which means more uncertainty.

On top of this, the five new "task forces" established by Warsh were said to have grand objectives with minimal guidance on what to expect.

As markets have repeatedly proven, uncertainty and volatility go hand-in-hand.

The new era of Fed policy will come with more volatility.

[contra @ezcontra]

I miss him already

[Phairy Megan @tadgh_dc]

There are no recent graduates in New England qualified to work for a bank so we must import foreigners

[LuxAlgo @LuxAlgo]

JUST IN: US Pending Home Sales jump +3.8% vs +0.8% expected as consumers accept '>6% mortgage rates as the new normal.'

[Hedgie @LevelHedge]

This is going to continue. Starlink is challenging broadband on its core business model. Every other competitor up to this point has been a level playing field

[Max @maxhietpas_]

This new Verizon Simplicity plan looks unreal…

-Unlimited premium priority data
-10GB hotspot
-A new Verizon loyalty program called Verizon Dollars
-JUST $20 for 1 LINE!?

This might be the wildest thing I’ve seen a wireless company do

While they still sell their old myPlan plans, it’s clear that Verizon is reinventing themselves with this and the new Verizon One plan

And the plan is GOOD?! For that price?? IS PREPAID DEAD?!

I gotta investigate further

[Hedgie @LevelHedge]

👀

[Hedgie @LevelHedge]

Asha saw what they did with Fable

[Grummz @Grummz]

XBOX Chief of Staff also abruptly departs the division today.

Louise O'Conner has not even had time to change her X bio, which seems like it was a surprise departure.

When the head of studios and chief of staff leave, you know the layoffs are gonna be huge.

[Hedgie @LevelHedge]

Coming soon to a theatre near you

[Wall Street Memes @wallstmemes]

$1M 'starter homes' in a record 242 US cities

[Virgil @VirgilsQuill]

I love that we’re the new Rome. Peace with Persia in the afternoon and a gladiator fight in the evening, all on the Emperor’s birthday. Another 1,000 years.

[Hedgie @LevelHedge]

Worth watching WTI this week

Cushing report Wednesday, Fed Wednesday, Thursday triple witching, Friday closed

Monday monthly expiry. This week open contracts(esp shorts) will be trying to roll to August because Cushing is basically empty and shorts would have to source crude

[The Kobeissi Letter @KobeissiLetter]

BREAKING: US oil prices crash below $81/barrel after Pakistan announces that the US and Iran have reached a peace deal.

[Fugitive Caesar @ThomBrady5]

hire Americans?

[Hedgie @LevelHedge]

Translation: chart needs to dump so that Warsh can justifiably expand M2 again and the chart can find some parity without a long term crash/downtrend consolidation

+M2 in turn increases inflation but that’s a tomorrow problem

Balancing act and all that

[Daan Crypto Trades @DaanCrypto]

Fun Fact: When we divide the S&P 500's price by the M2 Money Supply, it is now exactly at its dot com bubble heights.

Over 25+ years later.

[Ed Russo @EdRussoWX]

THE VIDEO: Union Pacific Big Boy 4014 passes over the Tunkhannock Viaduct.

A 1.2-million-pound steam legend crossing one of the largest concrete railroad viaducts ever built. Nicholson, Pennsylvania delivered an unforgettable scene today.

[Daniel Friedman @DanFriedman81]

In 2007, the standards of living in the United States and Western Europe were similar, and most people don’t realize how much things have diverged since the US boomed after the global financial crisis and Europe didn’t.

They don’t fully understand how we’re living and we don’t fully understand how they’re living; even when we visit Europe as tourists, we don’t see their tiny, sad flats and their depressing grocery stores.

That is why Europeans visiting for the World Cup are going to, like, a Waffle House or a Taco Bell and losing their minds. Stuff we don’t even like or care about is wildly superior to everything everywhere else. We have no idea how rich we are.

[eXtas1s 🎮 Noticias & Rumores @eXtas1stv]

🚨 ÚLTIMA HORA: El movimiento corporativo más drástico en la historia de Xbox está sobre la mesa.

Microsoft no descarta reestructurar toda la división de gaming para aislarla e incluso facilitar una posible venta.

Según fuentes directas de The Information (el medio financiero y tecnológico más fiable del sector), Satya Nadella y la directora financiera Amy Hood están evaluando tres escenarios reales para el futuro de la marca:

1⃣ Convertir Xbox en una subsidiaria totalmente independiente (el mismo modelo operativo que usan con LinkedIn o GitHub).

2⃣ Crear una Joint Venture (empresa conjunta) con socios externos.

3⃣ Escindir la unidad por completo del ecosistema de Microsoft.

A corto plazo, el plan de emergencia liderado por Asha Sharma es inyectar un presupuesto masivo a partir de julio para acelerar como sea el desarrollo de tres pilares: Fallout, Elder Scrolls y Halo.

Que la cúpula ejecutiva de Microsoft esté debatiendo internamente cómo separar a Xbox del núcleo central de la empresa confirma un cambio de paradigma brutal

La era del talonario infinito para acaparar el mercado ha terminado; ahora el objetivo de Xbox es demostrar que puede ser un negocio rentable por sí mismo, o soltarán amarras.