Moshe

🧸

[Moshe @damilash77]

@abdulbatin002 Congratulationsssss bro 🎊❤️

[Joe Weisenthal @TheStalwart]

This is ASML's new $380 million machine. https://t.co/NVI4lYAtyj

[Andy Constan @dampedspring]

an actual rant on money on the sidelines😂 with some data even

Two things about money in deposits and mmf's.
1. They are there for a reason
2. Who they are matters regarding their decision to buy assets
Higher level point the amount of deposits and mmf's doesnt change much. Its the decisions of fear and greed which cause cash savers to shift if and only if they were likely to shift in the first place. A careful analysis of the those who hold cash in deposits and money market funds shows some important information on the the two things
1. over 50% of total deposits of 18TN are in accounts lower than 250,000 in size. These are checking accounts that people and small businesses use for their monthly finances. Not a single dollar of that money is buying assets. They get zero interest at the moment and are quite ssatisfied with that level of return
2. Only 25% of money market assets equal to 1.5TN are "retail. The balance is corporate cash and cash in institutional portfolios. That money is not going into stonks. It is the grease that allows insitituiotnal portfolios to manage their risk leftover from holding futures. Corporations also dont buy stonks out of greed and animal spirits. The corporate share buyback isnt going to change because of MMF interest rates

3. a larger portion of the uninsured deposits represents transactional accounts for medium to mega cap businesses who need bank accounts to transact business. This is not going into markets

4. BUT FAR MORE IMPORTANTLY. The money that is in money market funds could in fact chase two -four year bond yields to remain safe and get more interest. EXCEPT THE PRICING SUCKs. for that money to flow the priced in cuts in 2-4 year bonds would have to be assumed to be too few not too many

[Conks @conksresearch]

the fed's repo market hierarchy visualized

[Count Draghula @countdraghula]

Fed RRP usage has fallen and reserves have increased, despite QT. This is because of:

Price: Interest on reserves pays more than RRP and bills (chart) AND the Fed slowed hikes

Volume: Mega supply of bills offers an alternative to MMF's

RRP trend will allow QT to continue.

1/

[BuccoCapital Bloke @buccocapital]

Tech company profitability

[Quartr @Quartr_App]

The Payments Value Chain

We've just updated our highly appreciated infographic explaining the complex payments layer between consumers and merchants.

It illustrates how and where key players such as $V, $MA, $FISV, $ADYEN, $AMZN, and $PYPL fit in:

[Quartr @Quartr_App]

The $NVDA Virtuous Cycle Explained

1. As more and more developers start building software applications to run explicitly on NVIDIA's own chip architecture, CUDA, the more.. →

2. End-users are interacting with the CUDA-powered software layer, which means that.. →

3. The big cloud providers and OEMs need to invest even more in CUDA-compatible hardware, which of course only NVIDIA can provide. This leads to.. →

4. A larger and larger installed base of NVIDIA hardware computing power to run CUDA applications on, which means that.. →

5. CUDA-based computing-heavy applications such as for example AI models become exponentially better, which in turn leads to.. →

6. More developers building explicitly for CUDA.

Not to mention that as NVIDIA grows, the company gets more and more capital to reinvest in R&D to further strengthen its computing platform.

Since 2020, the number of CUDA developers has grown from 1.8M to 4.5M, up 150% 👀

[Sid Verma @_SidVerma]

He looks like he’s about to announce a new capital requirement on large European banks

[Woodrow Oates Montague @sadvalueinvestr]

Last thing you see before the Société Générale trader with a Parisian math PhD pitches you the most bombastic derivatives structure known to man

[Moshe @damilash77]

@Holeysaint1 “Moshe” in 2023

[Moshe @damilash77]

😂😂

[unusual_whales @unusual_whales]

ChatGPT cannot pass the CFA exam currently, per JPMorgan, $JPM.

[Conks @conksresearch]

this is what’s been driving markets this week

sell-side research in shambles

[Moshe @damilash77]

💀😂

[Tim @TimTheMM]

@QEternity @therobotjames @686Prism @DekmarTrades It’s dealer gamma as a result of a few large dark pool forex repo trades that were hedged from some insight on a VIX TA chart. Rumors im hearing from a few spot VIX fund mangers are suggesting that the short ladder attacks have been ongoing since the short squeeze on GME

[Ballon d'Or @ballondor]

LIONEL MESSI IS THE 2023 MEN’S BALLON D’OR!

Eight Ballon d’Or for Argentina hero! 🖐🤟

#ballondor

[sophie @netcapgirl]

net income adjusted ebitda

[BuccoCapital Bloke @buccocapital]

Surely there's a principle about not running your mouth on shit you're not qualified to have an opinion about?

[Conks @conksresearch]

CPI ex CPI innit

[Conks @conksresearch]

the "repocalypse" of September 2019 visualized