Ralph Lipford

[Ralph Lipford @RalphLipford]

#OpenMichigan #openillinois

[Stewart Bell @StewGlobal]

EXCLUSIVE: Canada has awarded millions worth of contracts to an Edmonton resident who is the son of Iran's former VP, and is under investigation for allegedly helping the regime build its missile program & evade sanctions. https://t.co/TTsUi0blq9

[Sam Cooper @scoopercooper]

Iran’s Covert Weapons Supply Chain Runs Through Canada and China—Fueled by Trade-Based Money Laundering: Analysis

[Marc Cohodes @AlderLaneEggs]

This covers it all and why the Arctic Mexican Banking system is ground zero @BenRabidoux @SecScottBessent @howardlutnick

[Marc Cohodes @AlderLaneEggs]

Only time I have ever agreed with Lutnick.. @SecScottBessent knows everything @scoopercooper and I know about Arctic Mexico and will leave it at that

[Ralph Lipford @RalphLipford]

@AlderLaneEggs @SecScottBessent @scoopercooper A lot of low hanging fruit in that ArcticMexico banking system and @SecScottBessent could use some scalps right now.

[Dougie Kass @DougKass]

@TruthGundlach Jeff if you think the regulatory coverage of private equity/credit firms is skimpy you should check out the supervision of insurance companies over the last three decades (especially in the State of California).
In 2012 @andrewrsorkin wrote in the NY Times that there was very weak scrutiny of Mark Walter's use of insurance company monies to acquire the Los Angeles Dodgers.
It took the feckless insurance regulators 14 years to realize what Andrew knew... how Walter acquired the baseball team! And it only surfaced when his collateral was reduced dramatically in value.
Walters' actions are reminiscent of Charlie Knapp's Financial Corp of America, Fred Carr's First Executive and Penn Life.
Walter and his insurance dealings is likely the "tip of the iceberg" and where the next crisis may appear... @squawkbox @CNBCFastMoney @cnbhalftime @beckyquick @joesquawk @TheJudgeCNBC @carlquintanilla @tomkeene @lisaabramowicz1 @ferrotv @annmarie @convertbond @whitneytilson @guyadami @peterboockvar @KeithMcCullough @SamofAmerica @RPKent @HedgeyeDJ @gnoble79 @saraeisen @SullyCNBC

[Ralph Lipford @RalphLipford]

@izakaminska Well said @izakaminska. So many poorly written takes on this recent action (both pro and con). Where have these folks been the last 20 years ?

[Izabella Kaminska @izakaminska]

The buyback = collapse of America narrative is running away with itself. FT. Dalio. Currie. Random dude on X. It’s become the flavour of the month for the internet’s armchair experts.

Meanwhile the smartest non ideological money that has specialised in the weeds of this market for their entire career keeps telling me that mechanically it is the wrong narrative. 🤷‍♀️

Unfortunately, they also note that the narrative has developed a force of its own, fanned by a Wurlitzer effect that is repeatedly ignoring important context.

➡️ despite how it’s being presented, this isn’t a new thing. Yellen conducted BILLIONS of buybacks. Bessent is merely increasing a programme he inherited and taking it from $2bn to $4bn.

➡️ it hasn’t happened yet. The purchases are due Sept 9.

➡️ if the objective is to mechanically release a mortgage convexity/hedging response, as the smart non-ideological money thinks, then announcing Treasury buybacks in advance doesn’t necessarily cause the full effect to be priced in immediately. (Beyond influencing “narrative inclined” active but ideological flows).

⚙️The overall point is that the underlying mechanics of the market are currently gummed up because of how passive flows have been steered and managed for years.

Bessent is trying to clean the machine so that mortgage convexity and the flows it generates can start firing again of their own accord.

So I wouldn’t count my chickens until they’re hatched.

I’d also argue against this being Bessent trying to boss the market around. That take ignores who has been bossing it around (aka suppressing it) until now. You’d think he was coming into it from a purist “free market” state. But it hasn’t been free for decades. (Or unrepressed for that matter).

https://t.co/Rw5hlBM7H1? Bossing the bond market around never works

[David Burge @iowahawkblog]

Feels like she’s more suited for Maine

[Marc Cohodes @AlderLaneEggs]

Time for the journalists out there to find out who invested in Leo's fund and what dilligence they did. @JohnCarreyrou gets paid the big bucks time to dig in as do people at the @WSJ @Bloomberg @nytimes .. There was real money in this fund, question is who? @DougKass

[US Oil & Gas Association @US_OGA]

Hello Hunter Biden.

Thank you for sharing your views on the oil and gas business.

We know you worked for foreign oil and gas entities primarily Ukraine’s Burisma and China’s CEFC China Energy.

This is interesting given your lack of measurable talent or experience in this business.

Burisma Holdings is the Ukrainian natural gas producer that put you on their Board of Directors in April 2014 - again despite your lack of talent or experience - while your father oversaw U.S. Ukraine policy as Vice President.

You earned approximately $1 million per year ($83,333 per month) but that was reduced to roughly $500,000 per year starting March 2017 when your father was no longer in office.

You served until April 2019 - which is surprising despite your lack of talent or experience - but it was a good gig while you had it.

You and your associates (including partner Devon Archer) earned approximately $6.5 million for being your father's son.

Not too bad for not having any experience in the energy sector or any discernible talent in deal making.

But lets not forget your work with the Chinese.

You worked for CEFC China Energy, the Chinese oil and gas conglomerate with reported CCP and military intelligence ties from 2017–2018.

CEFC and related entities paid approximately $4.8 million to companies controlled by you and your Uncle.

Your total work for for CEFC and related Chinese energy entities to the Biden family/associates was over $8 million.

These figures come from bank records, IRS search warrant applications, congressional memos, court documents, and contemporaneous reporting.

(We will leave out your work with Kahzhakstan and other questionable enterprises.)

And what is surprising to all of us is that after earning nearly $20 million working for foreign owned oil and gas companies when you post stupid things like this it is clear that after 10 years and $20 million dollars.

YOU STILL DON"T UNDERSTAND THE OIL AND GAS BUSINESS.

But thank you for sharing your views anyway.

Good luck on your comeback tour.

[David Burge @iowahawkblog]

Between the Nazi-inked Commies, the naked vegan lobster ladies, and the incest, Maine is really having its moment in the spotlight

[Senator Rand Paul @SenRandPaul]

Is the “baseless conspiracy theory” in the room with us?

[Elon Musk @elonmusk]

They prey upon your empathy

[Ralph Lipford @RalphLipford]

@partners_road Munger has him beat.........Liquor, Ladies and Leverage.

[Eric Matheny @ericmmatheny]

The veil was lifted the moment they paused a pandemic to allow people to riot.

[Bad Hombre @Badhombre]

So it turns out Maine Democrats switched out a rapist for a cousin fucker.

[Elon Musk @elonmusk]

All military age males means it is an invasion

[Gain of Fauci @DschlopesIsBack]

When Fauci is your hero…

[Ralph Lipford @RalphLipford]

@JG_Nuke @junkbondinvest @JensenHuang @jimcramer @CNBC And no offense to @davidfaber @cnbc , he was the only guy that didn't blow $crwv on screen. If he asked tough questions he got dirty looks.

[Ralph Lipford @RalphLipford]

I'd be careful. People tried to tar and feather them when they made some money in 08. I doubt they will tolerate a second round of that. They didn't pump the stock on @CNBC day after day like those above and I don't think they have any relationship with NVIDIA. You got anything to back that up ?