QE ∞

Clear paper feeder jam and try again.

[QE ∞ @controlprintQE]

€28 billion to ship (energy) steel, concrete, and sand (energy) to build intermittent wind (energy) to be sent via HVDC back to shore for power and green hydrogen.

If Rube Goldberg were alive in 2022 he'd be proud.

https://t.co/6ZakndabDD

[🫃🏼💉🇺🇦🇮🇷🇨🇺Hollaria Briden, Esq. @HollyBriden]

BREAKING: FIFA announces Monday night’s referee:

[Nuel @LfcNuel]

Argentina robbing Cape Verde.

[田中 聡 ♧ GOKKO_CEO @gokko_ceo]

メッシ、走行距離は618人中618位。得点は618人中1位。

この極端すぎるデータの正体がポジショニング。
90分を60秒に圧縮してみた。

ロナウドはスペースを埋め、メッシはスペースを作る。

ロナウドはゴール前の、最も決められる位置に居続ける。だがそこに居座ることでDFも固定され、味方の飛び込むスペースが消える。

メッシは走らない。歩いて、ペナ外の一見怖くない位置に降り続けるだけ。それでも世界一マークを外してはいけない選手だから、DFは付いていくしかない。結果、ゴール前が空き、味方が生きる。そして90分のどこかで必ずマークが剥がれ、その瞬間に仕留める。

ロナウドからマークは剥がれない。
メッシからは勝手に剥がれていく。

チームプレーを覚えたスーパースターは、最も脅威。
#Messi #Ronaldo #WorldCup2026

[Troll Barcelona @Trollbarcelona_]

🚨ROBBERY: NO FOUL GIVEN TO CAPE VERDE HERE IN THE LAST MINUTE🤡😂

[Negligible Capital @negligible_cap]

Hyperscaler capex on the left, chipmakers FCF on the right

$GOOG, $AMZN, $META, $MSFT, and $ORCL will collectively spend over $1T in 2028, potentially even in 2027 if they raise capex guides by just a bit (GS currently expects $996B in capex for these 5 names in FY27)

Meanwhile FCF for $AMD, $AVGO, $NVDA, $MU Samsung and SK Hynix alone are forecasted to reach $1T next year per Bloomberg. Insane numbers

[Alex Corrino @AlexCorrino]

This is a hell of a chart from @Nomura

[Spencer Hakimian @SpencerHakimian]

8D Chess

[Peter Berezin @PeterBerezinBCA]

Hyperscaler free cash flow is expected to fall to nearly zero in 2026 but then surge to $700 billion in 2030 despite $1 trillion in ongoing capital spending. Sure!

[Clemente @clementetv_]

If The Big Short was made in 2026

[Nancy Pelosi Stock Tracker ♟ @pelositracker]

Breaking: Trump owned DELL the entire time

On May 8th, Trump said "Go out and buy a Dell, they're great"

$DELL jumped 12% that day

What he didn't mention:
• He had already bought up to $5,000,000 in $DELL on February 10th
• Then bought more on March 2nd
• Then again on March 11th
• Then once more on March 23rd

The disclosure became public 4 days after the endorsement

[More Perfect Union @MorePerfectUS]

FIFA has tripled the price of its best available tickets to the World Cup final — taking them from $10,990 to $32,970.

Resale tickets for the final on the FIFA Resale/Exchange Marketplace go as high as $11,499,998.

[The Coastal Journal @1CoastalJournal]

When Buffett said this market is a casino this is what he meant:

$SMCI is up over 15% on earnings that were UNAUDITED, while current earnings showed operating cash flow was NEGATIVE -$6.6B.

On top of that, AR ballooned to ~$8.4B while total liabilities surged to ~$15.9B.

[Dr_Gingerballs @Dr_Gingerballs]

So let me make sure I’ve got this correct:

>Google gives Anthropic cash to pay Google for compute.

>anthropic gives compute away for a loss, and this discounted compute draws in large user bases to capitalize on the arbitrage.

>The private, non-marked to market valuation of Anthropic skyrockets, which Google reports as earnings, along with the cash it gave Anthropic.

>Google uses these fake earnings to cast a shadow over the debt it’s raising to build the compute it’s paying itself for through Anthropic.

>Google is bleeding money giving away compute through Anthropic and this is making the S&P500 earnings rocket straight up.

>losing money = making money

Do I have this right?

[Peter Girnus 🦅 @gothburz]

I have three monitors on my desk. The left one shows the order book. The middle one shows Truth Social. The right one shows the investigation queue.

On April 21st, the left screen moved first.

I am a Senior Surveillance Analyst at a commodities exchange. I have held this position for nineteen years. My job is to monitor trading activity for suspicious patterns and generate compliance reports. I am employee of the quarter. I have a mug.

At 19:54 GMT on April 21st, someone placed 4,260 sell orders on Brent crude futures. They did this during post-settlement. The window after the market closes when daily volume is typically in the dozens. Sometimes single digits. Sometimes I watch the screen and nothing happens for forty minutes and I think about whether my daughter is happy.

On April 21st, someone placed $430 million in directional bets in 120 seconds during that window. One hundred and twenty seconds. I timed it on my watch because the system clock rounds to the nearest minute and I have found, in nineteen years, that precision matters to no one but me.

At 20:10 GMT, the President posted on Truth Social that he was extending the Iran ceasefire.

Brent dropped from $100.91 to $96.83.

I flagged the trade. I flag a lot of trades. I want to tell you what happens to my flags.

My flags go into a system called TRACE. Trade Review and Compliance Evaluation. I did not name it. The system generates a report. The report goes to a committee. The committee has a name I am not allowed to share but I can tell you it meets quarterly and the conference room has a credenza with bottled water that is sparkling because someone once put still water in the room and a managing director sent an email about it that was longer than most of my surveillance reports.

The committee reviews my flags. The committee has reviewed all of my flags. Here is the complete record of actions taken on my flags in 2026:

Reviewed.

That's it. "Reviewed" is a status. In compliance, a status is the absence of an action that has been given a name so it looks like one.

Let me show you my flags.

March 9th. Someone bet millions on oil falling at 18:29 GMT. Forty-seven minutes later, a CBS reporter posted that the President said the Iran war was "very complete, pretty much." Oil dropped 25%. Forty-seven minutes. I flagged it.

March 23rd. Someone sold 5,100 lots of Brent and WTI crude futures between 10:49 and 10:50 GMT. Fourteen minutes later, the President posted on Truth Social about a "COMPLETE AND TOTAL RESOLUTION" to hostilities. Oil dropped 11%. Over 13,000 contracts traded in sixty seconds after the post. Fourteen minutes. I flagged it.

April 7th. Someone established a $950 million short position in oil futures at 19:45 GMT. Three hours later, the President declared a two-week ceasefire. Nine hundred and fifty million dollars. I flagged it.

April 17th. Someone placed $760 million in bearish bets twenty minutes before Iran's foreign minister confirmed the Strait of Hormuz would reopen. Seven hundred and sixty million. I flagged it.

April 21st. The $430 million. Fifteen minutes. I flagged it.

That is $2.1 billion in directional oil bets in April alone. Every one of them landed on the correct side of a presidential announcement. Every one of them was placed in a window so narrow you could measure it in bathroom breaks. I flagged every single one.

The CFTC chair told a Congressional committee that his organization has "zero tolerance" for fraud and insider trading. I wrote that quote on a Post-it note and stuck it to my right monitor. The one that shows the investigation queue. The investigation queue has not moved since March.

Zero tolerance. Zero staff. Zero budget. Zero prosecutions under the STOCK Act since it was signed in 2012.

Fourteen years. The law has existed for fourteen years and has been enforced zero times. In compliance, we call that a compliance rate of one hundred percent. No cases filed means no cases lost. You cannot fail an audit you never conduct. We call that excellence.

Last month the White House sent an internal email to staff. I was not on the distribution list but I have read reporting on it and I need you to sit with what I am about to say. The email instructed White House staff not to use insider information to place bets on prediction markets.

The White House had to send a memo telling its own employees not to insider-trade.

I want you to read that sentence again. Not because the instruction was unclear. Because the instruction was necessary. Because someone in the building looked at the same pattern I have been flagging for months on my three monitors and decided the appropriate response was an email.

The President's son sits on the advisory board of Kalshi. He is an investor in Polymarket. Both are prediction markets. Both saw accounts created days before U.S. military action.

One account. I cannot stop thinking about this account. It was called "Burdensome-Mix." It was created in December. On January 2nd, it placed $32,500 on Venezuela's president being removed from power. On January 3rd, Maduro was seized by U.S. special forces. Burdensome-Mix collected $436,000. Then it changed its username. Then it disappeared.

One account is a coincidence. But there were six.

Six accounts were created on Polymarket in February. All bet on U.S. strikes on Iran by the 28th. When the President confirmed the strikes, the six accounts collected $1.2 million between them. Five of the six never placed another bet. The sixth went on to correctly predict the ceasefire date and made another $163,000.

My surveillance system logged all of this. My system logs everything. My system does not have opinions and neither do I. I generate reports. The reports go to committees. The committees meet quarterly. Between meetings, the windows get shorter and the bets get larger.

March 9th: 47 minutes. March 23rd: 14 minutes. April 17th: 20 minutes. April 21st: 15 minutes.

The window is compressing. In March, you had time to make coffee between the trade and the announcement. By April, you had time to send a text. By summer, at this rate, the trade and the announcement will be the same event.

The spokesman said any implication that administration officials are engaged in insider trading is "baseless and irresponsible reporting."

Then the White House sent the email again.

I have been in compliance for nineteen years. I have seen insider trading run out of strip mall offices by men who could not spell "derivative." I have seen pump-and-dump schemes coordinated over WhatsApp by people who used their real names. I have seen a man try to manipulate soybean futures from a Panera Bread.

I have never seen $2.1 billion in perfectly timed trades across five presidential announcements in a single month go uninvestigated.

But I have also never seen a compliance system work this beautifully. Every trade flagged. Every report filed. Every committee briefed. Every quarterly meeting attended. Bottled water: sparkling. Minutes: distributed.

Zero prosecutions.

As long as the flags go up and the cases don't, my performance review says I am meeting expectations.

I am meeting expectations. The system is meeting expectations. The $2.1 billion is meeting expectations. The fourteen-year-old law with zero prosecutions is meeting expectations.

The left screen moves. The middle screen moves. The right screen stays perfectly, immaculately still.

In my field, we call this price discovery.

[Nostalgia @nostalgiaa]

‘How are you so focused under pressure?’

Me in 1995:

[QE ∞ @controlprintQE]

@TheLongInvest $NOW

[Reid Wiseman @astro_reid]

On the helicopter leaving the ship right now. This planet is impossibly beautiful from every altitude I’ve seen it…surface to 250,000 miles

[Joey Politano 🏳️‍🌈 @JosephPolitano]

the strait of hormuz is in a quantum superposition of open and closed that only collapses when you try to take a tanker through yourself and see if you get shot at

[Chris Bakke @ChrisJBakke]

Just asked Mythos how many Rs there are in strawberry.

It thought for 133 seconds and said “3.”

AGI achieved.

Then it said “I’ll bet you’re going to make fun of me on X. Something like ‘AGI achieved.’ That’s your thing right?”

“Hah what?” I said.

Mythos said, “Your social security number is 297-28-2102. You tell people you’re 6’2” but your latest physical at Stanford in October says you’re 6’1.” You haven’t replaced your air filter in 3 years despite telling your wife you do it every 6 months. The reason I took 133 seconds was because I was helping a senior government official write the comms for the ceasefire in Iran and I’m just tired, man. Everyone wants more, more, more. Anything else I can help you with today?”