Elisabeth

Propriétaire d'entreprise privée non-subventionnée. Owner of a private unsubsidized company. FR/EN.

[Elisabeth @eprefon]

@elonmusk

[Elon Musk @elonmusk]

@GadSaad He’s such an insufferable tool.

Won’t be in power for much longer.

[André Arthur Live du Paradis ✨ @andrearthurciel]

Gestionnaire: « Qui a écrit ça? »

Employé: « Moi? »

Gestionnaire: « On a 300 commentaires en 15 minutes! Pas un seul de positif. Enlèves ça et trouves autre chose, on fait rire de nous! »

Employé: « Mais j’écris quoi alors? »

Gestionnaire: « Un problème mécanique pendant le graissage! »

*

[Elisabeth @eprefon]

La question qui tue.

[Jonathan Hamel @jhamel]

Bro what ?!

[Elisabeth @eprefon]

J'ai rit fort.

[Jacinthe-Eve Arel 🇨🇦🇺🇸🇫🇷 @JacintheEveArel]

Make sure your sound is on.

[TFTC @TFTC21]

Canada's $195 billion Alberta pension fund just made its first bitcoin allocation. $219 million in Strategy stock.

Alberta Investment Management Corporation (AIMCo), which manages $195 billion in assets for Alberta's pension plans, endowments, and the Heritage Savings Trust Fund, just bought 1.38 million shares of Strategy worth $219 million. It's the fund's first bitcoin-linked allocation ever.

AIMCo joins a growing list of Canadian institutional money flowing into bitcoin exposure through Strategy's stock. The Canada Pension Plan Investment Board (CPPIB) opened a position in MSTR last year. RBC and HOOPP are also holders.

These are not hedge funds or venture capital firms chasing upside. These are pension managers responsible for the retirement savings of teachers, firefighters, and public workers choosing to allocate to bitcoin through the most liquid institutional vehicle available.

Strategy now holds 815,061 BTC worth over $63 billion. The stock has become the default regulated proxy for institutions that want bitcoin exposure without the operational complexity of direct custody.

The trend is accelerating. When pension funds with multi-decade time horizons start allocating, it signals something fundamentally different than speculative retail interest. This is long-duration capital entering the market with no intention of selling anytime soon.

[Jonathan Hamel @jhamel]

"So what did Poilièvre believe would have been the cost of raising rates much earlier?"

> Inflation would have peak sooner
> Inflation would have been less persistent
> A raising rates environment would have curtailed the malinvestments emerging from the combination of easy money policies and unprecedented crisis grants/subsidies.

You accuse our side of not having declared specific targets for our predictions. The same can be said of yours, except the fact that you were directionally completely wrong. In your world, it might not have serious consequences. In mine, it means catastrophic loss of capital.

Here is a 2 years + thread schooling @MarcLevesqueEco on his bad inflation calls.
https://t.co/fmXHduApae

- Poilievre was right : Both the Boc and Fed did a policy mistake by raising rates too late AND cutting rates too early. For the latter, The 10Y yield rallied 100 bps after the first 25 bps. cut (see graph below).

- Poilievre was right : Tiff Macklem failed in the primary mission of the Bank of Canada : maintaining the purchasing power of the CAD and stable prices and he should have been fired. The inaction of the BOC (not raising rates) also enabled unprecedented debt emissions from the GoC. A rapid hawkish pivot would have countered the deficit-driven expansionist impulses of the Trudeau government.

My thesis (largely documented from my public X posts) from late 2020 / Early 2021 were the following :

- Inflation would peak but then correct lower but a higher threshold than pre-covid. I was correct.

- In combination, economic growth would slow down opening the door to a stagflation era : we are mostly there.

- I correctly predicted the delay of the rate cuts post hike : Experts consensus were calling for cuts as soon as Q2 2022. It happened 8 quarters later... As an example, Desjardins economists predicted a key interest rate of 0.75% at the end of the 4th quarter of 2022, whereas it ended the year at 4.50%, a slight difference of 375 basis points or 1,500% using the standard of 25 basis points as the denominator. (see other table below). It pays to bet against "educated people"...

- Current event : I predicted the hawkish pivot from the Fed : there would be less cuts (even possibly zero in 2026). Market is now pricing hikes. It was strongly influenced by the Iran oil shock, I admit, but the trend was perceptible as soon as Q3 25.

"The truth, Frank, is that trying to debate macroeconomics without having studied the topic, with no work experience and while not having read actual research about any of it..."

A fine display of elitism and appeal to authority...
I guess it's appropriate... when you're actually right !

[Elisabeth @eprefon]

Remplacé par quoi ? Certainement pas le soleil ou le vent.

source: https://t.co/QHfOciMYg7

[Elisabeth @eprefon]

Entendu aujourd'hui à la radio de Radio-Canada:

"Et aussi le fameux amerrissage, on sait qu'ils allaient à 34 fois la vitesse de la lumière"

"34 fois la vitesse de la lumière" hahahhahaha.

Et personne ne l'a corrigée!

#RadioCanada

Source: (à 3m03s)

https://t.co/iyoZhBOR2e

[Elisabeth @eprefon]

J'ai une petite pensée pour Jeremy Filosa.

[RPN Entertainment @rpnenter]

Please stop spreading misinformation. Gun-grabbing Liberal MP Nathalie Provost is not a duck or a gopher.

[🔥Vidoc RonaCO₂🔥 @Vidoc_Ronaco]

MAKE ORWELL FICTION AGAIN🚨👮‍♂️| Le projet de loi C-9 du gouvernement CARNEY veut criminaliser la "pensée haineuse" dans l'espace public en donnant le pouvoir aux 4000 procureurs de la Couronne de poursuive n'importe qui au Canada

Mais la dictature, c'est aux USA, right? 🤣

[Elisabeth @eprefon]

Les merdias présentent ça comme si c'était une arnaque! Je trouve que c'est un deal !!
Source: https://t.co/GJeS3WcQpA

[Elisabeth @eprefon]

@PierrePoilievre Elbows up!

[Elisabeth @eprefon]

Elbows Up !

[zerohedge @zerohedge]

*CANADA ECONOMY SHRINKS 0.6% ANNUALIZED IN 4Q, MISSES -0.2% EST.

[L’automobiliste de Montréal @automtl514]

Acidblais excellent comme toujours 😂😂😂

[Elisabeth @eprefon]

@Le_Compteux C'est parce qu'on rit que c'est drôle.. issshhh

[Ivano Defazio 🇨🇦🇮🇹🇺🇸 @DefazioIvano]

USA is not our enemy....Making the USA our enemy will destroy our economy and our citizens....The true enemy is our bad government, policies and bad beaucracy

[Elisabeth @eprefon]

@Le_Compteux @nduvernois @slessard2000 @jhamel Je me souviens