Nick Picone

US GTM @Prewave | Supply chain tech advisor to F500, hedge funds, and venture capital firms. Views are my own, not investment advice.

[Nick Picone @Nick_Picone]

@jimcramer Disagree.

[Nick Picone @Nick_Picone]

@Tim_Denning Nice try. We all know he didn’t say that.

[Prewave @prewave]

We are thrilled to announce that we have raised €63M in our Series B funding round, led by Hedosophia! 🙌 Big thanks to our existing investors @creandum , @Ventech_VC , Kompas VC, @speedinvest , and WorkingCapital.

Exciting times ahead! https://t.co/qGTDZUxH1k

[Mac10 @SuburbanDrone]

Nominal housing cost of carry through Q3:

Cost of carry: Avg. House Price x 30 Year Mortgage

https://t.co/8TTRsNfXuf

[Trust Your Supplier @TYSBlockchain]

We are excited to welcome Nick Picone to the @TYSBlockchain team! Nick joins us as the Vice President of Advisory Practice and is responsible for worldwide sales execution and advisory practice strategy.

https://t.co/KUzZ1EXpF8

[Mac10 @SuburbanDrone]

Talk of a Treasury buyback to increase bond liquidity. Zerohedge asserts it will lead to a massive stock rally:
https://t.co/y4HmZctSV8

WaPo:
https://t.co/pC9HrtwrFJ
"The Treasury last conducted buyback operations between March 2000 and April 2002"

Nasdaq -80%.

[Mac10 @SuburbanDrone]

Here is a free economics lesson for trapped bulls:

The real yield on the 30 year mortgage (and Treasury) is the lowest in U.S. history, because the bond market expects recession.

If the Fed pivots, bond yields and mortgage rates will explode higher.

Until recession.

[Mac10 @SuburbanDrone]

This week, core inflation was the highest since 1982.

The Fed has never stopped tightening when core inflation was above the Fed rate.

Not once.

[Mac10 @SuburbanDrone]

Late today the Bank of England warned markets what they should already know, which is that their temporary QE program ends this Friday.

The S&P reversed from green to red on the news.

Which should remind investors that the U.S. is NOT a safe haven from global meltdown.

[Mac10 @SuburbanDrone]

In summary, the only way inflation comes down is if the housing market collapses. Because in the near-term Fed tightening is increasing inflation by driving rents higher:
https://t.co/Pdc3EbPETc

[Mac10 @SuburbanDrone]

The fastest growing public companies in the U.S. as compiled by IBD, are now below the 2020 lows.

The Fed put is still a long way off this time.

Be patient and stay tuned to CNBC.

[Mac10 @SuburbanDrone]

Twelve (1/4 pt) rate hikes later, the Fed's measure of inflation (core PCE) has gone nowhere:

CNBC: Inflation Accelerated In August
https://t.co/bbG4bQiY41

[Mac10 @SuburbanDrone]

Closing out the 3rd quarter, we see that the Nasdaq's first three quarters in 2022 are FAR worse (-10%) than the first three quarters of 2008.

Don't worry bulls, I'm sure the fourth quarter will improve.

[CNBC @CNBC]

"We're in deep trouble," says Stanley Druckenmiller on the nation's entitlement and debt crisis. #DeliveringAlpha

[Mac10 @SuburbanDrone]

We're watching a waterfall crash in real-time while financial advisors are telling everyone not to panic.

There's ample liquidity right now.

[Mac10 @SuburbanDrone]

"I'll take pattern recognition for everything, Alex"

[Mac10 @SuburbanDrone]

The Fed has two policy options to get inflation down.

[Mac10 @SuburbanDrone]

Watch what happens when every financial manager has to explain to their clients they are getting wiped out due to a risk they never even knew existed.

Everyone knows that strong dollar is great for U.S. assets.

Right?

[Mac10 @SuburbanDrone]

The Global Minsky Moment is now underway.

The Chinese Yuan is at the lowest level since 2008:

"Is this a good time to buy stocks?"

[Mac10 @SuburbanDrone]

What we are witnessing is a Black Swan event in the bond market.

Treasury volatility is the highest since the market lows of March 2020 and before that October 2008.

https://t.co/4i68mRUMhT