I’m ngl macro trading was more fun before the defining edge was whether you were in the inner circle of people who knew what the president was about to tweet.
Insane article. Tremendously well written. For the sake of optimism, let’s conditionally assume that this is overly bearish. However, if even half of these assumptions materialize, the glory of the Western world and the corporate class is in dangerous territory. Good luck longs!
JUNE 2028.
The S&P is down 38% from its highs. Unemployment just printed 10.2%. Private credit is unraveling. Prime mortgages are cracking. AI didn’t disappoint. It exceeded every expectation.
What happened?
https://t.co/JzzwCrbJgS
The NFL players who have had at least a dozen sacks in each of their first four years in the league...
1. Hall of Famer Reggie White
2. Micah Parsons
That's it. That's the list.