Ahman Ondi-Adam

The place on X where the Ancient of Days comes to read Adam’s tweets.

[Lyn Alden @LynAldenContact]

A few common macro posts that come up over and over on this platform that you can mostly ignore.

1) “The Fed injected [X billion]…”

That’s usually the Fed recycling their maturing securities back into more of the same securities. Or the Fed doing some repo activity, adding a tiny bit of liquidity that comes back out the next day. This year, the Fed is growing their balance sheet very slowly.

2) “The Treasury bought back [X0 billion] of government bonds…”

The Treasury performing buybacks on its own debt is interesting because the deepest, most liquid capital market in the world shouldn’t need the issuer assisting with liquidity. And they could potentially shorten duration over time by issuing t-bills to buy back T-bonds, so that’s worth monitoring. But for the most part, these announcements are nothingburgers. The Treasury issues fresh liquid bonds to buy back aging less-liquid bonds. No appreciable impact on your money or investments.

3) The Treasury has [X trillion] in debt to refinance over the next 12 months, how are they possibly gonna find so many buyers?”

The vast majority of the Treasury’s debt that will be refinanced over a given year will be bought by the same entities holding it now. They’re holding t-bills, those t-bills mature into cash, and they buy the next t-bill. Money market funds, insurance companies, pensions, individuals, corporations, etc. Posting about gross refinance numbers is popular because the number is big and sensationalist, but it doesn’t mean much, which is why you hear about it for years and it’s fine. Net new issuance (about $2 trillion per year) is mostly what matters, and nothing stops that train.

4) “Banks have [X00 billion] in unrealized losses…”

Yeah that was a problem for about one quarter in spring 2023. It’s mostly a non-issue since then but whenever the quarterly number comes out, people love to report it like it’s devastating new information. The number is trending flat-to-down, and it’s a small portion of bank assets and equity capital.

Anyway, good morning. Carry on.

[Ahman Ondi-Adam @ManFromDust]

@StefanMolyneux Jon Bernthal is actually right and unknowingly is making a perfect case for why we should all be racist.

[sarah @sahouraxo]

700 tons of explosives.

Israel detonated 700 tons of explosives beneath Beaufort Castle in South Lebanon, in the middle of the night.

A 900-year-old Crusader castle that UNESCO just listed as endangered heritage.

[NormieUtah @NormieUtah]

Our news is fake, because the people bringing us our news are total garbage.

“According to officials, Santana-Garcia is undocumented and has been “removed from the United States on multiple occasions.”

Illegal alien =/= Salt Lake man

[Ahman Ondi-Adam @ManFromDust]

It’s not just materialism; it’s a general sense of happiness. We all naturally look to our peers for understanding and validation but women especially have traditionally had it filled by their sisters, mothers, and girlfriends in the community but also by confident men like their fathers and husbands. Now all of that is gone, replaced by Real Housewives. Women are like utterless ships on a stormy see with no captain. They’re just getting tossed around and blaming the very things they need as oppressive, such as good men and motherhood, for their unhappiness.

[Ahman Ondi-Adam @ManFromDust]

@RealBroNat @MarioNawfal He’s Peter Thiel’s boy. It’s gonna be either him or JD or both running on the Republigoon ticket in 2028.

[Ahman Ondi-Adam @ManFromDust]

@TheJTShow2024 If Utah elections are so secure, why do I get four ballots in my mailbox each election, correctly delivered, none of which are mine?

[Ahman Ondi-Adam @ManFromDust]

@ldsabuse @shaunattwood @DBrozeLiveFree I haven’t been impressed with Derrick’s writing on the LDS church. It’s clear he had a very superficial understanding. Not sure if that’s changed. Did you listen and like this interview?

[Ahman Ondi-Adam @ManFromDust]

@CoffeeandaMike No. The war nobody wants in the Middle East is gonna continue to distract from the invasion of the entire western world by third world illegal migrants.

[Ahman Ondi-Adam @ManFromDust]

@MeatEaterTV Not even the filthy Commies of the USSR tried to ban hunting, fishing, and trapping. How long before these radical extremists get even more power?

[Ahman Ondi-Adam @ManFromDust]

@LukeGromen @GrayConnolly @amlivemon Careful Luke! Before long you'll start wondering about passports found by the FBI in the WTC rubble, beheaded babies by Hamas, yellow cake Uranium in Iraq, Sarin gas in Syria, Osama Bin Laden's body dumped into the ocean, two weeks for Iran to get a nuke...

[Thomas Massie @RepThomasMassie]

@dandinohill Lots of regular Americans with common sense get elected to Congress, but the swamp chews them up. After just a few weeks, they’re no longer recognizable. They’re confronted with a rigged system and they decide the only reasonable thing to do is to play the rigged game.

[Ahman Ondi-Adam @ManFromDust]

@SantiagoAuFund When Aesop was asked, “How many people did you kill in the war, sir?” Aesop replied, “None. I only killed filthy Commies.”

[NormieUtah @NormieUtah]

The more you peel back the onion, the worse it is.😡

Governor Cox’s Office of Economic Development is listed as a PARTNER for this pro-illegal alien outfit called the Utah Immigrant Advocacy Coalition.

MWEG is also a partner, so you know it’s bad. This coalition collaborates with Utah ACLU, DSA, the “No Kings” Indivisible people, and all the pro-Bad Hombre groups on the promotion and participation in ICE OUT, anti-law enforcement protests. 😵‍💫

This U-IAC is a horror show of militant, anti-American, partisan Democrat degeneracy. Some sick, sick stuff for a Republican administration to fund. WTH? @GovCox @JonSPierpont @MikeLMower @mschultz_12 This needs to end YESTERDAY.

[Ahman Ondi-Adam @ManFromDust]

@TheProjectUnity Disagree. The death penalty would even be too kind.

[Ahman Ondi-Adam @ManFromDust]

@jimiuorio And in the meanwhile, flooding the country with tens of millions of illegal foreigners because they’re known for being so much more hygienic.

[Ahman Ondi-Adam @ManFromDust]

@NormieUtah The Salt Lake Tribune is a filthy rag.

[Ahman Ondi-Adam @ManFromDust]

@Bar_tolmi You're the one asking of reforming the Church is allowed! I'm just telling you to quit asking for permission. Do whatever the f you want.

[Ahman Ondi-Adam @ManFromDust]

@silvertrade How will he know what 30% below retail is? Won’t his socialism be depending on free markets? 🤔

[Ahman Ondi-Adam @ManFromDust]

@Bar_tolmi Start your own reformed Church. Maybe you could get a lot of disaffected members to join.