Raphaël Kakou

[Raphaël Kakou @RaphaelKakou]

I just claimed my $BLAST airdrop. Earn over 50% APY on USD by holding $BLAST on Blast Mobile https://t.co/VOaAo0G1ft

[Raphaël Kakou @RaphaelKakou]

@RampCapitalLLC Sam squattman is in for we squat

[Raphaël Kakou @RaphaelKakou]

@NCheron_bourse @Thinker_View 2020 ≈ 12$bn. 2024 ≈ 17$bn au regard du graph. On est très loin du "more than doubled" du titre du graphique...

[Raphaël Kakou @RaphaelKakou]

Cc @thinker

[Bilawal Sidhu @bilawalsidhu]

AR multiplayer FPS in China

Who else loved paintball and airsoft as a kid? This would be so hype with none of the mess. Perfect for an urban community.

And the P90s make it extra cool 😎

[Ryan Detrick, CMT @RyanDetrick]

Record drop in the New Tenant Rent Index according to the @BLS_gov.

Is the long awaited drop in shelter finally about to start? Remember, shelter makes up 41% of core CPI.

[Raphaël Kakou @RaphaelKakou]

@iLoveJaneAdams Cc @thinker

[Holger Zschaepitz @Schuldensuehner]

Good Morning from Germany where 10y real rates have turned negative again w/nominal 10y yields at 1.92% & 10y inflation expectations at 1.95%. Since Oct, 10y nom yields have fallen from 3% to 1.92%, while 10y inflation expectations have only fallen from 2.36% to 1.95% in same period.

[Raphaël Kakou @RaphaelKakou]

@AORUS_France #AORUSXMAS23 pc portable

[AORUS France @AORUS_France]

🎉 C'est déjà Noël avec le #AORUSXMAS23 !

▫️RT + Follow @AORUS_France
▫️ Répondez avec le #AORUSXMAS23 pour choisir entre le PC fixe ou le PC portable !

2 gagnants tirés au sort le 2 janvier !

[Christophe Barraud🛢🐳 @C_Barraud]

🇩🇪 German #Housing Crisis Deepens as Slump in New Orders Hits Record - Bloomberg
https://t.co/im8JJiJRNA

[Longview Economics @Lvieweconomics]

Credit conditions for small businesses are poor/deteriorating… Typical ahead of recession (i.e. 1990, 2001, and 2008).

Or is it different this time?

[Macro84 @macro84]

IG in line with historic norms but the near-term maturity wall continues to climb for the vulnerable USD HY issuers. Chart shows the notional share of the USD HY #debt market maturing within 36 months (courtesy $GS)

[Charlie Bilello @charliebilello]

"Americans age 65 and up accounted for 22% of spending last year, the highest share since records began in 1972 and up from 15% in 2010." - WSJ/Labor Department

[Jesse Felder @jessefelder]

Copper producers warn of lack of mines to meet demand for metal https://t.co/YtPLkKJVWD

[The Kobeissi Letter @KobeissiLetter]

China's holdings of US Treasuries continue to fall sharply.

Since April, China has sold over $40 billion of US Treasuries.

Since their peak roughly a decade ago, China has unloaded nearly $500 billon of US Treasuries.

Why is China selling US Treasuries so aggressively?

One answer is a potential slowdown of their economy.

Another is that this could be part of a broader strategic shift.

Regardless, this is a trend you can't ignore.

[Jesse Felder @jessefelder]

'Small banks' credit card delinquency rates hit a multi-decade high.' https://t.co/ci9OSNCIOC via @SoberLook

[jeroen blokland @jsblokland]

#Realestate is a pretty interest-exposed sector. Hence, it likely gives a solid indication of when, and at what level, spiking #yields start to hurt.
For example, #Germany's real estate insolvencies are ticking up and are now the highest since 2016.

[Liz Ann Sonders @LizAnnSonders]

S&P SmallCap 600 on track to 2nd-worst annual performance relative to S&P 500 since inception of small cap benchmark at end of 1994
@SPDJIndices

[The Kobeissi Letter @KobeissiLetter]

Here's a topic that needs much more attention:

Nearly one-third of all outstanding US debt is set to mature over the next 12 months.

52% is set to mature over the next 36 months, meaning this debt needs to be refinanced.

However, since this debt was last financed, debt service costs have doubled from 1.5% to 3.0%.

This means that maintain this debt is now 2x as expensive and it will soon be 3x as expense as rates rise.

Headlines of US interest expense hitting $1 trillion will be gone soon.

$2 trillion in annual interest expense is coming quickly.

[jeroen blokland @jsblokland]

Read this carefully. Dutch #inflation is now NEGATIVE!
Headline #CPI fell 0.3% from a year ago.