wuxing

in flux

npub1llnlmy9grc892puj2fd3wnx560l27nxt6rex6dhyc5fyreljqzcsd6rvay

[wuxing @boundvortex]

@LoganMohtashami Can you do commercial real estate now, please? Serious ask...

[wuxing @boundvortex]

@ramahluwalia ummm, this is very much like 2008 - it's a "moral hazard" just the way 2008 was. If SVB degenomics can get a bail out, next two regional banks will degen even more in the future. unless of course, new regs arrive.

[wuxing @boundvortex]

Verifying my account on nostr

My Public Key: npub1llnlmy9grc892puj2fd3wnx560l27nxt6rex6dhyc5fyreljqzcsd6rvay

Find others at https://t.co/wmOZ712l6k @nostrdirectory #nostr

[wuxing @boundvortex]

@TaprootWizards @halfin

[wuxing @boundvortex]

@SatoshiFlipper Actually, he's looking at PCE. If you're going to shout, please get the components right.

[wuxing @boundvortex]

3) services PCE (~55% of PCE) - there's no disinflation AT ALL. i.e., expect more hikes, and sustained higher rate for longer.

@MacroAlf

[wuxing @boundvortex]

1/2
for all the hopium around a fed pivot, it might serve us well to just listen to what JPOW's saying:
1) goods PCE (~25% of PCE) - there's a good amount of disinflation.
2) housing PCE (~20% of PCE) - there's no disinflation *now*, but it's in the pipeline...

[wuxing @boundvortex]

$TSLA

ADJUSTED eps "beat."

accounting shenanigans from regulatory credits to "beat" on revs.

stock up 10% tomorrow. GG OG.

[wuxing @boundvortex]

@ramahluwalia Well, good theory, but doesn't explain alts partying like there's no tomorrow. The "macro" desk sync-pumped the entire space!?!? If anything, I'd have expected $btc.d to move up if someone uber-longed JUST $btc.

[wuxing @boundvortex]

@CalebFranzen Another canary in the coal mine - the Biden admin REFUSES to refill the SPR; almost as if they know a recession is imminent, enabling them to load up oil at deep discounts. Further dovishness = rally in risk assets; Volcker disapproves.

[wuxing @boundvortex]

@Tezos_Legend https://t.co/FHY8xVLbyk
https://t.co/F8mrlxYrfa
https://t.co/lzlEvrlOHf

👀

[wuxing @boundvortex]

@dylanleclair
A 20% tender offer on $GBTC means DCG gets to front-run retail to liquidate BTC?!?

I don't see a pathway to the little guy/retail coming out ahead (Gemini Earn!)... only voices at the table are the big creditors.

A GBTC long now = $8k $BTC 🤷

[wuxing @boundvortex]

@JeremyDSchwartz @JeffWeniger @JeremyDSchwartz Unless your analysis includes share repurchases, think the overall thesis is incomplete. Share repurchases are an uber-effective and flexible tool for Boards and Leadership (why commit when you can cancel/amend); don't see that changing anytime soon.

[wuxing @boundvortex]

@twobitidiot

[wuxing @boundvortex]

@ArthurB don't think there's an index based off of the FFR. the prime rate won't go as far back as the FFR. avoid LIBOR (am sure you know the scam is being phased out). perhaps you can use the historical FFR (1954-now) to compound yourself: https://t.co/I86Fo9cf2O