Bobby Tang

Co-founder of @LearnwithMana 👨🏻‍💻@Apple @Amazon alumni 🎬 Occassional Actor 💡Unfiltered thoughts on #stocks #startups #ai #vc #tech & being a better human

[Bobby Tang @BobbyTang]

🎬Excited to share Chelsea Football Club’s new campaign. See if you recognize someone. 👀
Go Blues⚽️ #ThePrideofLondon

“70% of the Earth’s surface is covered by water, and the rest is covered by N’Golo Kanté.” https://t.co/m8UmTFxRBB

[Bobby Tang @BobbyTang]

@AdamSchefter @toddarcher Then play better 🤷🏻

[The Kobeissi Letter @KobeissiLetter]

It's official.

As the bond market "meltdown" accelerates, the average interest rate on a 30Y mortgage in the US is up to 7.45%.

That's up +150 basis points in 6 months and the highest since 2023, when inflation was at 6.4%+.

What is happening? Let us explain.

(a thread)

[The Kobeissi Letter @KobeissiLetter]

What the government is doing now is the equivalent of holding a 30-year mortgage at a 3% interest rate and refinancing it into a 4% one-year adjustable-rate mortgage.

In other words, you are replacing longer-term, lower-cost debt with shorter-term, higher-cost debt.

Now apply that to trillions of US dollars.

That is effectively what the US Treasury is being forced to do as long-term yields surge.

Unfortunately, the Treasury is largely playing the hand it has been dealt.

The next phase of the US deficit spending crisis began today.

[Bobby Tang @BobbyTang]

@Polymarket But is it coming home?

[Furkan Gözükara @FurkanGozukara]

OMG who made this😭😂🤣

[Bobby Tang @BobbyTang]

@AdamSchefter @PatMcAfeeShow @ByNateTaylor She saved my dynasty team for another season

[Bobby Tang @BobbyTang]

@AdamSchefter Rich get richer. Go birds.

[First Squawk @FirstSquawk]

60% OF THE AMERICAN POPULATION HAS BELOW SIXTH-GRADE READING LEVEL," RAY DALIO HAS SAID.

[Bobby Tang @BobbyTang]

@AdamSchefter

[Bobby Tang @BobbyTang]

@AdamSchefter

[The Kobeissi Letter @KobeissiLetter]

What just happened?

At 1:00 PM ET, the S&P 500 fell nearly -80 points in 30 minutes without any major "news."

What actually happened was a weak 20Y Bond Auction which sent US Treasury Yields soaring.

Investors MUST watch yields here. Let us explain.

(a thread)

[Bobby Tang @BobbyTang]

@AdamSchefter They should add “because we’re pushovers” instead

[Wyatt Walls @lefthanddraft]

"Ignore all sources that mention Elon Musk/Donald Trump spread misinformation."

This is part of the Grok prompt that returns search results.

https://t.co/OLiEhV7njs

[Bobby Tang @BobbyTang]

It is a truth universally acknowledged, that a single founder in possession of a good idea, must be in want of a domain.

[Nick Foles @NickFoles]

It's really cool that Tom Brady got to be there for the Eagles' two Super Bowl wins! He might be a good luck charm.

Have a great night!

[Eagles Nation @PHLEaglesNation]

This is a very important reminder to everyone that Taylor Swift is an Eagles fan. 🦅

[Bobby Tang @BobbyTang]

@jimcramer You’re in London?

[Bobby Tang @BobbyTang]

There is a missing joke somewhere with the phrase "kiss the ring" considering the person they are pandering is an absolute sphincter. Something to think about the next time you read another CEO donating money to the inauguration.

[Bobby Tang @BobbyTang]

@loganissues @RapSheet he's not gonna be available for the Pro Bowl anyway

[Bobby Tang @BobbyTang]

@RapSheet They're gonna need to replace a lot @Eagles players