david @david23492347 - Twitter Profile

about 2 months ago

Honestly this decade from 2020-2030 might be the most goated in human history. - Scaling massive reusable rockets for orbital compute with $RKLB to $SPCX. - on the cusp of ASI and recursive learning with Anthropic and OpenAI - Backflipping Boston Dynamics and Unitree humanoids to replace the human workforce - Star Wars laser beams from $EOS.ASX to AI DC lasers like $LITE. - Waymo and $TSLA self driving cars everywhere in urban cities - and we get industry Quantum commercialization end of decade This is kinda crazy to be an investor in this timeframe. Feels like every movie from the Star Wars Death Star to Skynet is coming to life. What’s next?

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david23492347 retweeted

The Kobeissi Letter

@KobeissiLetter

2 months ago

The US job market is showing further signs of weakness: Only 9% of small business owners said in May that they plan to hire over the next 3 months, the lowest since May 2020. Excluding the 2020 pandemic, this is the lowest reading in 10 years. Small business hiring plans have trended lower over the last 6 months. Historically, this has been a leading indicator for nonfarm private payrolls by roughly 4 months. This comes as small firms account for ~46% of all US private sector employment and suggests that private payroll growth could turn negative as early as Q3. Hiring demand among small firms is weakening.

KobeissiLetter's tweet photo. The US job market is showing further signs of weakness:

Only 9% of small business owners said in May that they plan to hire over the next 3 months, the lowest since May 2020.

Excluding the 2020 pandemic, this is the lowest reading in 10 years.

Small business hiring plans have trended lower over the last 6 months.

Historically, this has been a leading indicator for nonfarm private payrolls by roughly 4 months.

This comes as small firms account for ~46% of all US private sector employment and suggests that private payroll growth could turn negative as early as Q3.

Hiring demand among small firms is weakening.

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david23492347 retweeted

The Kobeissi Letter

@KobeissiLetter

3 months ago

BREAKING: President Trump says "I love the inflation" and explains why after US CPI inflation rises to 4.2%. Trump also announces that the US has been taking oil from Iran, including 22 ships of oil "last night."

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david23492347 retweeted

The Kobeissi Letter

@KobeissiLetter

3 months ago

BREAKING: Foreign US Treasuries held in Fed custody are down to $2.68 trillion, the lowest since 2012. This measures the value of US government bonds held on behalf of foreign governments, central banks, and other international institutions through accounts at the Federal Reserve. Since March 2025, Treasury holdings of foreign institutions have declined by -$265 billion. The drop accelerated since the start of the Iran War, with holdings falling ~$120 billion in just 3 months. By comparison, Treasuries held in custody at the Fed peaked at $3.14 trillion in March 2021. This comes as foreign central banks and governments have sold Treasuries to raise US Dollars to prop up their currencies against the inflationary pressures of surging oil prices. Foreigners are reducing their exposure to US government debt.