HeavyRolldown

Macro, rates, alpha

[HeavyRolldown @heavyrolldown]

@hendry_hugh

[HeavyRolldown @heavyrolldown]

@INArteCarloDoss One of my favorite things to keep track of. So good.

[HeavyRolldown @heavyrolldown]

@darioperkins Oof. The long bond seems to be daring such a move right now…

[HeavyRolldown @heavyrolldown]

⁦@MarkJCarney⁩ why should Canada be so concerned with domestic carbon when the country is a net CONSUMER of carbon due to our massive forests? Honest question. https://t.co/4Uxr7WYESL

[HeavyRolldown @heavyrolldown]

@chigrl 100% truth. Far too many people seem to be “comforted” by his credentials, experience, and polish without paying attention to the clear reality that this guy is a turbo WEF globalist elite socialist to the max that will do way more harm than JT. As hard as that is to comprehend.

[HeavyRolldown @heavyrolldown]

@INArteCarloDoss We know we can trust the government has only our best interest in mind!! They probably just discovered that alcohol dampens some of the intended negative impacts of the clot shot!

[HeavyRolldown @heavyrolldown]

@ChicagoFightSox Mastros

[HeavyRolldown @heavyrolldown]

We desperately need @PierrePoilievre to turn this around with a massive policy reset.

[Richard Dias @RichardDias_CFA]

One of the reasons Canada is facing a "Productivity Emergency" (BOC's words) is because of a lack of business investment and the decline in capital intensity.

Aka: Capital Shallowing/Dilution or when the capital per worker decreases.

This wasn't always the case. 🧵

[HeavyRolldown @heavyrolldown]

@TenYearNote Bit of a heavily poured boulevardier

[HeavyRolldown @heavyrolldown]

@AndreasSteno 100%

[HeavyRolldown @heavyrolldown]

@TenYearNote

[HeavyRolldown @heavyrolldown]

@AndreasSteno Very cool chart. I’m gaining increasing confidence that, barring a “financial accident” that requires an emergency cut, yields have gone too far here.

[HeavyRolldown @heavyrolldown]

@Mayhem4Markets 100%. I think it’s probably fair to still consider the labor market in a state of normalization. That the topic of emergency cuts has even come up at this stage is bordering on laughable.

[HeavyRolldown @heavyrolldown]

@CaerusUK @RaoulGMI Seems more of a Western phenomenon given geopolitical instability. It’s quite clear, for example, American companies can’t rely on supply chains from certain countries any longer. Re-shoring, whatever you want to call it. Hard to imagine this decelerates given instability.

[HeavyRolldown @heavyrolldown]

@RaoulGMI Cheaper sources of labour perhaps. We shall see, I very likely am wrong!

[HeavyRolldown @heavyrolldown]

@RaoulGMI Perhaps I am over-emphasizing the fact that while retired people consume less no doubt, they still consume though they produce nothing. And the consumption is expensive, services-heavy labour that is not getting cheaper and arguably tougher to automate than a production line.

[HeavyRolldown @heavyrolldown]

@TenYearNote Is that the front row?

[HeavyRolldown @heavyrolldown]

@TenYearNote Slightly large boulevardier here. Get things going the right direction.