tommaso vannuzzi

In tempi di menzogna universale, dire la verità è un atto rivoluzionario

[tommaso vannuzzi @TVannuzzi]

https://t.co/Szd719aKom

[Bloomberg @business]

Deutsche Bank will have to set aside less money for its capital buffers next year, one of the few European lenders to get relief from the ECB https://t.co/LQsmHo1ryL

[Andreas Steno Larsen @AndreasSteno]

Italy has a major funding issue as they have to refinance roughly 650 bn. EUR worth of debt within the next year in the middle of a ECB hiking cycle.

Who will scoop up their govies?

A short thread.

[Mario Seminerio @Phastidio]

Ogni giorno un corrispondente italiano si sveglia e sa che dovrà fiondarsi a leggere FT, NYT e WSJ per scrivere articoli sul paese dal quale "corrisponde"

[Holger Zschaepitz @Schuldensuehner]

Nightmare for CS-AT1-Holders & wider CoCo bond market as holders of $17bn of Credit Suisse bonds wiped out under UBS takeover while CS shareholders are set to receive CHF3bn. The entire CoCo market probably needs to be repriced now from a risk perspective. https://t.co/6JVjdQPsHS

[Federico Fubini @federicofubini]

Immaginiamo uno che voglia pagare un bene da 9 mila euro in contanti. Quale può essere un motivo legale, diverso da uno dei due seguenti?
1. Non aver mai depositato 9 mila perché non siano tracciati
2. Non ritirarli evitando la segnalazione a Uif, l'antiriciclaggio di Bankitalia

[Christophe Barraud 🇫🇷 🇲🇨 @C_Barraud]

🌎 I'm sure that central bankers don't realize the size of ongoing wealth destruction shock.
*Too busy to focus on lagging indicators.

[zerohedge @zerohedge]

It's not a "recession", it's a "special economic operation"

[Sebastiano Messina @sebmes]

Cabaret.

[Carlo Calenda @CarloCalenda]

Il populismo di destra e di sinistra ha distrutto ogni tentativo di rendere questo paese autonomo e sicuro dal punto di vista energetico. Non dimenticare per non ricommettere gli stessi errori. Aiutateci a farlo circolare.

#ItaliaSulSerio

[Twinkle @Twinkleinvest]

I have a masters degree in finance.

But I've learned 10x more from listening to podcasts.

10 podcasts that will make you a better investor:

[Sebastiano Messina @sebmes]

Mario Draghi, lo straniero.

[Luigi Marattin @marattin]

E pensare che per anni hanno rotto le scatole con “first reaction shock”. Sentite un po’ qua, va.

[Holger Zschaepitz @Schuldensuehner]

Good Morning from #Italy, which is obviously not doing so well with the #Euro. Since the introduction of the single currency, Italians' wealth per capita has barely not increased, while GDP per capita in #Germany has risen by 29% and GDP per capita in #Spain by 19%.

[Aggenzia delle Entrate 🍥 ᵖᵃʳᵒᵈⁱᵃ @agggenzia]

Amazon, alle 4 di notte, mi fa sapere che per colpa della crisi sono costretti ad aumentare il prezzo dell'abbonamento prime. Poverini, la crisi...

[Holger Zschaepitz @Schuldensuehner]

Good morning from #Italy, which is losing power in new world order. Fall of Italy is visible in fin mkts. Italian total mkt cap as % of global mkt cap has plunged to a fresh low of 0.53%. ZERO Italian comps among global Top300 when measured by mktcap. Biggest Enel #317 w/$49bn.

[Elon Musk @elonmusk]

🥇

[Joe Pompliano @JoePompliano]

Formula 1 was acquired by Liberty Media for $4.4 billion in 2016, and it's now one of the fastest-growing sports globally.

They are up billions of dollars on the investment already, and it's one of the best case studies in business.

Here's the story 👇

[The Kobeissi Letter @KobeissiLetter]

Year-to-Date Returns:

1. $FB: -48%
2. $AAPL: -14%
3. $AMZN: -19%
4. $NFLX: -68%
5. $GOOGL: -22%

These five stocks have erased $1.6 trillion in market cap since January 1st.

70%+ of tech stocks are in bear market territory.

How in the world is the Nasdaq not down 30%+?

[zerohedge @zerohedge]

Two more days like this and Powell will cut 50bps to -0.25% next week

[Holger Zschaepitz @Schuldensuehner]

The European corporate bond market’s ongoing selloff has reached historic proportions, w/high-grade bonds losing a record 8.6% in total return terms since their Aug peak. This is now worse downturn than lows reached during early coronavirus turmoil & the GFC, BBG has calculated.