When a recession is really around the corner you’ll know because the bond market will challenge the Fed by pushing 2-year bond yields materially lower.
Fed Funds at 4-5% don’t belong in a recession, and bond investors will challenge the Fed there.
Re: yesterday’s CoinDesk op-ed – I’m glad even the detractors recognize that the SEC’s invitation to “come in and register” is like trying to take a “Ford Model T into space.” But if you are going to try to debunk Ripple’s legal positions, at least understand them first 🙄.
Curious: have you found ChatGPT useful in doing professional work?
If so, what kinds of prompts and answers have been helpful? Detailed examples greatly appreciated! Broader answer also appreciated
Not in theory, but where you've really *done it*, in your work
Thanks!
UK house prices dropping at a pace in line with GFC
Marginal buyers cut out of the market as they can’t afford this combo of mortgage rate + house prices, and leveraged real estate owners start feeling the heat & must sell
Real estate is the biggest asset class in the world
🚨LIVESTREAM:
Phantom: One Wallet for EVERYTHING
w/ @BChillman & @fragosti
Show starts at 9:45 am PT / 12:45 PM ET
👇Set a reminder👇
https://t.co/ZKb197O3Kz
Tesla Stock Buyback
Equity as a % of assets is growing because $TSLA is profitable & continues to grow its earnings exponentially while investing in future growth.
If there is ample cash on hand, distributing some of these retained earnings would reward shareholders. (1/2)
ChatGPT saved me an hour of spreadsheet work today. It wrote a complex sorting script beyond my ability, explained how it works, and helped me deploy it.
The party tricks have been fun, but this was a whoa moment for me similar to the first time I used Google Search.
INSIDER: "RE: FTX Hack, three developers had access to FTX private keys: Gary, Nishad, and Adam Yedidia. Adam was a very close friend of Sam and worked at FTX when everyone resigned. It was an internal understanding that Adam was a successor to Nishad and was set to replace him."
The BIS paper on the ''$80 trillion of hidden US debt'' is making the rounds.
It's really important, and it deserves the attention of every macro investor.
A thread.
1/
looking for good lower-carb recipes (doesn't need to be totally Paleo, but just have an emphasis on fewer and/or healthier carbs)
i already have books from the "Well Fed" series
y'all got any recs?