John Luke Tyner

Husband. Aptus Capital Advisors. CFA charterholder. Equity Analyst. Fairhope, AL. Tweets not investment advice

[Patriot Dispatches @PDispatch1776]

"The man who calls himself an American citizen and who yet shows by his actions that he is primarily the citizen of a foreign land, plays a thoroughly mischievous part in the life of our body politic. He has no place here; and the sooner he returns to the land to which he feels his real heart-allegiance, the better it will be for every good American." -Theodore Roosevelt

[RIABiz @RIABiz]

With Schwab's new $5-per-RIA-client trading fees set to activate Tuesday, Michael Kitces calls it a 'walking-back' of Chuck's 2019, zero-commission pledge. Worse, it sticks RIAs with the whole bill, he adds https://t.co/ImKNNk8FBN

[Chris Millas @ChrisMMillas]

It is absolutely wild to me that the U.S. is printing money out of thin air and debasing the dollar by ~8% a year and yet 99% of people have literally ZERO idea it’s happening.

[KKGB @INArteCarloDoss]

Germany/Canada/France… wherever those green/liberal coalitions have been in power they destroyed the economy and left it in shambles.

Only people are still too dumb to under that there is no free lunch. The transfers that buy votes ultimately lead to general poverty.

[Luke Gromen @LukeGromen]

Past historians already warned us ...👇

...but everyone that learned the lesson the hard way the last time was dead by the time western policymakers began believing in "The End of History" post-1992, so now we will all learn the lesson the hard way again.🤷‍♂️ #FourthTurning

[Jesse Watters @JesseBWatters]

BREAKING: HHS Secretary @RobertKennedyJr explains his BAN on synthetic petroleum-based food dyes in all your favorite snacks. He says this is just the beginning - our kids are eating poison, and the science showcasing the dangers has been suppressed.

[Jared Dillian @dailydirtnap]

Off the top of my head, I'd say that DOGE eliminating $1 trillion in spending is worth 50bps off the 10-year, maybe a little less.

100bps for $2 trillion.

They've found $100 billion already--we're at the point where this may have a real impact on issuance.

[LongConvexity @LONGCONVEXITY]

From @DocAmen’s book Raising Mentally Strong Kids @nytimes do better.

[Grant Williams @ttmygh]

The response to my conversation with the exceptional ⁦@GlobalForecastr⁩ was unprecedented and my inbox was jammed with subscribers asking me to remove the paywall so here it is, folks.

Please share far and wide as David’s message is so important https://t.co/W9EpvEqHbg

[Kuppy @hkuppy]

2022 Fed Employment Data is released h/t ⁦@RudyHavenstein⁩

21,000 employees costing $2.75b. Their only task was to keep inflation at 2%. They didn’t even come close. Fire them all!! Let the free markets set the cost of capital…

[Bill @wabuffo]

High yield credit spreads back down to levels of early 2022 when the Fed began its rate hikes/QT.

[Bob Elliott @BobEUnlimited]

Ok Doomers, ADP just brought it to another level:

[John Luke Tyner @JohnLukeTyner2]

@Chris_dds98 @MWellerFX @TheStalwart For one month, then it likely turns back up!

[John Luke Tyner @JohnLukeTyner2]

@wabuffo Who in the private sector is buying 30yr MBS at substantially tighter levels (lower yields)…

[Bob Elliott @BobEUnlimited]

@SteveMiran Think 0.9pct term premium is probably too low for a 30yr bond.

[Joseph Wang @josephwang]

@stevehouf A great mystery of Fed policy is why they were buying hundreds of billions of mortgages in 2021-22 when home prices were up 20% a year and mortgage rates were at historical lows.

[Bob Elliott @BobEUnlimited]

Biggest risk for central banks is not a growth slowdown (they know what to do), it's inflation declines reversing after they pause/ease.

CAN simple example. After signs of inflation moderating, the BoC paused. In the last 3m inflation has bounced back. Cautionary tale for all?

[zerohedge @zerohedge]

People are not moving their money because of deposit loss fears: everyone already knows unlimited insurance is guaranteed, especially in blue states; they are moving because it takes 30 seconds to transfer from a 0.01% yielding checking account to a 5.1% money market.

[Meb Faber @MebFaber]

should be on autotweet daily