Nicco

Commodities Quant, Volatility | 🇮🇹🇺🇦🇬🇧

[Daniel Lacalle @dlacalle_IA]

Argentina is escaping the Keynesian disaster.

Freedom advances. @jmilei_english

[Visegrád 24 @visegrad24]

Public debt to GDP in Argentina:

2023 - 155%
2026 - 70%

Javier Milei was elected in 2023 and had campaigned on bringing down the debt level

[Katie Zacharia @KatieZacharia]

It is going to be the Italian Americans who save NYC from the Communist takeover of NYC.

The Five Boroughs just woke up.

[Nicco @commoditiesnic]

@GiuseppeConteIT Non avevamo dubbi Giuseppì

[Spencer Pratt @spencerpratt]

Leaving out the Italian, Jewish, and Irish enclaves in NYC is like leaving out Mexican and Persian enclaves in LA.

It’s not an “oopsie!” This is deliberate subversion. The communist must erase your history so he can demolish your home and make it his own.

[Rory Johnston @Rory_Johnston]

Holy crap, US diesel crack spreads (i.e., refining margins) are up a staggering $10/bbl this morning.

[Jon Hartley @Jon_Hartley_]

China is now arresting economics professors at their own universities who tell the truth about China’s stagnating economy in their classes

[Paul Shapoval @Frialum]

RIP Russian budget

[The Hormuz Letter @HormuzLetter]

BREAKING: Ukrainian drones have struck Russia's Omsk Oil Refinery, the country's largest and most valuable refinery, in the first successful strike on the facility in over 4 years of war, occurring ~2,500km from the frontline and damaging numerous oil processing towers which are now left burning.

The Omsk refinery processes 420,000 barrels per day or 160 million barrels a year, accounting for ~8% of Russia's total oil refining capacity.

[A_F-22 Raptor @F_22raptor1861]

unmuted version

[Mikhail Khodorkovsky @khodorkovsky_en]

A fuel crisis keeps spreading across Russia.

I ran the country's largest oil company. Let me explain what is actually happening — and why the Kremlin cannot stop it. 🧵[1/12]

[Hedgeye @Hedgeye]

China's Real Estate Market has erased all gains from the last 20 years

[Clash Report @clashreport]

Rheinmetall CEO Armin Papperger publicly revealed at a Berlin security summit that Angela Merkel once told the German defense industry:

We don't really need you — if there's a problem, we call the Americans.

He said German arms manufacturers were pushed into "the dirty corner" and weren't wanted in their own country before Russia's 2022 invasion.

Source: Welt

[Dom Italian Builder @dom_gag_96]

> Be Federico Faggin
> Born in Vicenza, Italy, in 1941.
> Study physics. Become obsessed with semiconductors.
> Move to Silicon Valley in your 20s.
> Get hired at Intel.
> Design the first commercial microprocessor by hand.
> The Intel 4004. The chip that started everything.
> Help lay the foundation for every computer, smartphone, and AI system that follows.
> Receive the National Medal of Technology and Innovation from the President of the United States.
> Barely anyone in Italy knows your name.
> Meanwhile, Italy names airports after politicians.
> Be one of the reasons the modern world computes.
> Be Italian.

[Joe @electionsjoe]

This may be the funniest image of the entire Trump administration.

[ɖʀʊӄքǟ ӄʊռʟɛʏ 🇧🇹🇹🇩 @kunley_drukpa]

Andy Burnham sending people to the provinces to be re-educated like Mao but instead of to the countryside it’s to the North

[Matu 🇪🇺 @mat1_u]

What‘s the point of open borders within Europe, for Europeans, when one country can just do this

[Nicco @commoditiesnic]

Yet no one forecasted china stopping the imports

[Javier Blas @JavierBlas]

Kudos to @TheEconomist for owning it — and for always sticking their neck out, even if they got it chopped this time.

(Plus they are right — this time — about China: it was the invisible hand that rebalanced the oil market).

https://t.co/zqxDrYwB1y

[Noah Smith 🐇🇺🇸🇺🇦🇹🇼 @Noahpinion]

Absolutely wild story about Vladimir Putin micromanaging a completely fictional version of the Ukraine War