Andreas Steno Larsen

If you cannot show it in a meme, then it is not true.. Macro and hunting 5-10x equity cases @RealVision 🍾 Also founder of

[Andreas Steno Larsen @AndreasSteno]

Hmmmmmm….

[Andreas Steno Larsen @AndreasSteno]

Would be fun indeed

[Andreas Steno Larsen @AndreasSteno]

@ssang105 No the market has not. It is a short squeeze in Bitcoin - the bond market almost couldn’t care less

[Andreas Steno Larsen @AndreasSteno]

Debt buybacks are NOT liquidity positive (if you mean that they create more USDs)...

But I will take it if the market sprints in that direction, even if it is outright moronic

[Andreas Steno Larsen @AndreasSteno]

Well played from end to end by Ken Griffin and his team

[amit @amitisinvesting]

KEN GRIFFIN: WE HAVE SHED MORE THAN 80% OF THE AGGREGATE RISK WE TOOK ON FROM OUR SITUATIONAL AWARENESS PORTFOLIO.

So, Citadel creates fear in the market by saying there will be a rate hike to cause a liquidation of these high beta semiconductor names.

Then, they buy up all of Leopold's leveraged exposure for 40-50 cents on the dollar.

Two weeks later on August 11th, they issue a note to clients saying that they think the market is ready to "systematically start buying" the names that got sold off.

Then today, Ken Griffin tells investors that they sold most of their exposure which means he unwound those names in the past 2 weeks after their massive reversals from July.

Wall Street is ruthless.

[Andreas Steno Larsen @AndreasSteno]

@amitisinvesting I mean, well played from end to end

[Andreas Steno Larsen @AndreasSteno]

@ColtonButterfly @crossbordercap I Think That he will say that it is marginally liquidity positive as the collateral in repos improved, which is a fair stand alone argument

[Andreas Steno Larsen @AndreasSteno]

@trading_temple @RosenvoldGeo @thorborg @MadsStrange_ Haha, der afventer jeg stadigvæk nyt fra Finanstilsynet

[Andreas Steno Larsen @AndreasSteno]

@NuvixG Sure, I have my more symptathy for that reading of it. Not sure that equals = buy fartcoin :) .. but anyway

[Andreas Steno Larsen @AndreasSteno]

@GucciliciousZ So if everyone misunderstands something, we should all just repeat because “market is doing this”

The market is often very stupid

[Andreas Steno Larsen @AndreasSteno]

@fejau_inc Well, an Electronic usd is created, but sure - it can only be passed between entities with an account at the Fed

[Andreas Steno Larsen @AndreasSteno]

@fejau_inc That does still not qualify as liquidity additions. Not a single usd is created as a function of it

But sure, what you describe is decently fair

[Andreas Steno Larsen @AndreasSteno]

@BlakeFox7 Well New Money is not printed - read up on it

[Andreas Steno Larsen @AndreasSteno]

@JohnGalt1st Very much depends on what you mean by liquidity, but no - not a single usd is created

[Andreas Steno Larsen @AndreasSteno]

It is utter bullshit to call Treasury buybacks for QE, but of course the 70 IQ editors at Zero Hedge are on it

[Mikkel Rosenvold @RosenvoldGeo]

Vi kan nu annoncere at vi får besøg af fantastiske @thorborg og @MadsStrange_ til vores liveshow i Bremen Teater 10/9.

Link til billetter? Næh, der er for længst udsolgt.

Du kan dog få billetter til vores ekstrashows i november - link i kommentar!

@AndreasSteno

[Andreas Steno Larsen @AndreasSteno]

Debt buybacks -> buy fartcoin

It is that easy isn’t it?

[The Long View @HayekAndKeynes]

Bond yields vs current account

You run a deficit, you gotta finance it

[Andreas Steno Larsen @AndreasSteno]

@frankletank777 The fed is not buying t Bills………….

[Andreas Steno Larsen @AndreasSteno]

This is a must read..

[Andreas Steno Larsen @AndreasSteno]

https://t.co/PzZ68AaWSB

[Andreas Steno Larsen @AndreasSteno]

https://t.co/PzZ68AaWSB

[Andreas Steno Larsen @AndreasSteno]

@darioperkins Agree - pissing in your pants