@FinanceLancelot If you work backwards and look at the visits deals and pipelines during 2025 this event looks more like a handover process than anything else
@WrongVery1968@Tom__Capital They will aim for attrition merely because its politically convenient. PBO was pretty clear that the rate through attrition alone isnt enough
If you are waiting for sample sizes, you are always going to be reacting to a crisis rather than positioning ahead of it
Silver thoughts
5000 years of history doesn't matter when physical settlement breaks but digital settlement is perfect. Probs going to take a while to play out but skate to where the puck is going and all that
We are well into the efficiency paradox
AI/algos frontrunning every Fed speech, earnings report, economic release within milliseconds
Trump tariff tweet 2am
Iran strikes Israeli tanker
SVB collapses
China stimulus Sunday night
Politically predictable = Loss of Power