Spanky

Not a bot, just don’t want to pay to speak.

[Spanky @finnafinance]

@leadlagreport Hamsters getting flung against the plexiglass lol

[Spanky @finnafinance]

@camhigby

[Spanky @finnafinance]

@DerrickHam1976 @SternDrewCrypto

[Jeffrey P. Snider @JeffSnider_EDU]

The Bank of Japan finally admits the carry trade is the problem.

So they raise rates to fix it.

Except the pension funds and insurance companies they need to buy Japanese bonds are refusing.

Not because rates are too low. Because the policy environment made investing in Japan too unpredictable in the first place.

So the hikes meant to strengthen the yen are pushing the same institutions further away, and the yen weakens anyway.

They diagnosed the disease correctly for once. They just cannot write a prescription that matches reality, because the whole framework they are working from does not match reality.

That is the pattern. Not just in Japan.

[Spanky @finnafinance]

@leadlagreport Friday Night: Back to the Stone Age
Sunday Night: We’re very close to a peace deal…

[Spanky @finnafinance]

@leadlagreport I hope it unwinds so hard it creates a rip in space time and we wake up in 1995.

[Spanky @finnafinance]

@leadlagreport https://t.co/OJN24HBwf2

[Spanky @finnafinance]

@leadlagreport How much do you believe is tied up in the yen carry trade? Seems to be an elusive figure to come up with…

[Spanky @finnafinance]

@StealthQE4 Not worth the time and gas money.

[Spanky @finnafinance]

@VladTheInflator They won’t, but we already know this…

[Ross Hendricks @Ross__Hendricks]

It’s amazing how a bull market can fry peoples brains … impossible to imagine losing more than 5% in “growth stocks”

[Santiago Capital @SantiagoAuFund]

There’s a special ride at Disneyland for those who think that China purposefully brought its housing market back to 2015 price levels and did so while actually maintaining 5% GDP growth and with only 1.5% NPLs…
@mnicoletos

[Spanky @finnafinance]

@OwenShroyer1776 The right goes to sleep as soon as they get their guy in there. They be outraged if Kamala was doing these things. We’re cooked!

[Jon Brooks @jonbrooks]

The housing market right now is bizarre.

Sales = 2009 crash levels

Prices = near all-time highs

That combination has never lasted long in history.

Something eventually breaks.

[Spanky @finnafinance]

@cultmojo @JeffSnider_EDU @amlivemon @TonyNashNerd @RealRickRule @Crowded_Mkt_Rpt Rick Rule for sure!

[Spanky @finnafinance]

@JeffSnider_EDU Mike Green, Dave Collum, Melody Wright, Cem Karsan, Michael Gayed, Tom Lee, Porter Stansbury, Michael Burry, Michael Saylor.

[Tyler Bindi @TripleNetTyler]

Best career advice I've ever gotten:

Choose a career where you can make $5M a year and no one bats an eye

It's just a blip on the radar

Find the room where that's normal, and get in it

[Michael A. Gayed, CFA @leadlagreport]

@zerohedge

[Spanky @finnafinance]

@leadlagreport Have you laid out your entire XRP thesis? If so where can I find it?

[Spanky @finnafinance]

@leadlagreport Japanicing?