Kelli Denard

Loves technology (former CCNA), logic & math puzzles

[Kelli Denard @kadenard]

@cvpayne What’s a year without a scare for the markets? Halloween will be VERY interesting…

Someone will say “Boo” and Wall Street will run for the exits while the “Dumb Money” will be buying the dip.

[Kelli Denard @kadenard]

@LupusIL I loved working with Charles!

[Lupus Society of IL @LupusIL]

We can't wait to see you at the 2026 Western Suburbs Lupus Walk.

#walkforlupus #Naperville #Illinois #lupuscommunity

[Darius Dale @DariusDale42]

SOLUTION: The powers that be who fund and influence policymakers—via campaign finance, lobbying, and promises of lucrative jobs in the private sector—to implement K-shaped fiscal policy, K-shaped monetary policy, and K-shaped regulatory policy thrive on our manufactured division. 

This is not a Republican vs. Democrat issue. Nor is it a capitalist vs. socialist issue. Nor was it a black vs. white issue during the Jim Crow era. Nor was it an abolitionist vs. slavery sympathizer issue pre-Civil War. Nor was it a patriot vs. loyalist issue pre-American Revolution. 

These are all manufactured class divisions designed to perpetuate the “divide and conquer” leadership strategy employed by elites for millennia. This has always been a labor vs. capital issue. 

When the latter cohort siphons an extreme amount of resources from the former cohort via what Dr. Peter Turchin and his colleagues at the Complexity Science Hub have termed the “wealth pump,” historically bad outcomes tend to occur in those societies.

The U.S.’ socially destabilizing “wealth pump” will remain on as long as we allow ourselves to succumb to these manufactured class divisions. 

Those of us who have worked hard—or had parents who worked hard—to ascend to the capital class must be especially aware of the fleeting nature of our newfound comfort if we don’t rise above the 🔴🐘 vs. 🔵🫏 partisan bickering and co-develop a credible strategy to perpetuate an “E-shaped” economy before it’s too late.

The ONLY solution is purple. 💜🇺🇸

CC @tomkeene
@FerroTV
@RomaineBostick
@kgreifeld
@lisaabramowicz1
@annmarie
@mckonomy
@jmathieureports
@BloombergTV
@business
@economics
@MariaBartiromo
@cvpayne
@RiggsReport
@FoxBusiness
@juleshyman
@YahooFinance
@NPetallides 
@DianeKingHall 
@sam_vadas 
@SchwabNetwork 
@andrewrsorkin
@BeckyQuick
@JoeSquawk
@SquawkCNBC
@TheDomino
@TheJudgeCNBC
@MelissaLeeCNBC
@FrankCNBC
@EamonJavers
@MorganLBrennan
@jimcramer
@SaraEisen
@davidfaber
@KellyCNBC
@steveliesman
@CNBC
@NickTimiraos
@WSJ
@RickRieder
@elerianm
@judyshel
@HooverInst
@federalreserve
@APompliano
@theallinpod
@chamath
@jason
@davidsacks
@friedberg

[Kelli Denard @kadenard]

@ABC7Chicago Douglas HS was under-enrolled back in 2016. It’s been 10 years; the enrollment won’t increase. With the teacher- to- student ratio, their test scores should be amazing, but that information is redacted.

[Kelli Denard @kadenard]

@cvpayne Loved the economic power panel! @elerianm @RenMacLLC

[Kelli Denard @kadenard]

@cvpayne I had forgotten all about Big Wheels. I really am old(er).

[Kelli Denard @kadenard]

@caroljsroth If the Bears leave, that would be a major economic hit Chicago would never recover from.

[Kelli Denard @kadenard]

@cvpayne Don’t forget to give the ticker symbols for the people on radio.

[Kelli Denard @kadenard]

@cvpayne Retail sales are up because my son was buying all those one-time purchases for his apartment. 😂

[Kelli Denard @kadenard]

@cvpayne In your morning newsletter you included the square dance song “Just Because.” Took me back to elementary school when we danced to that song in PE! I’m meeting with a friend tomorrow to discuss investing “Just Because” it’s the greatest vehicle for creating wealth.

[Darius Dale @DariusDale42]

I know a lot of people don't read anymore—which is partially why so many investors keep losing tons of their and/or other people's money—so here is the key passage from today's must-read note for the "TLDR" crowd:

“We view the current meltdown in the Treasury market as part and parcel of the Fourth Turning polycrisis that we have been preparing @42Macro clients for since the summer of 2023 when we first debuted our Investing During A Fourth Turning Regime presentation.

One of the key takeaways from the presentation is our structural bearish bias on Treasury bonds and expectation that the US would have a cascading series of EM-style financial crises that require greater and greater monetary debasement and financial repression by the Fed to calm Treasury market dysfunction.

Ultimately, the Fed will be forced to go to unprecedented lengths to plug the growing, geopolitically driven supply-demand imbalance in the Treasury bond market once the world deems the US to be in fiscal crisis—an outcome we still anticipate by 2030. I get chills when I think about the impact such a great monetary inflation would have on the poorest members of our society—i.e., the people I grew up with. That is why I am so passionate about helping investors and ordinary people prepare for these global macro risks.

We put this deeply researched view into action when we pivoted our systematic KISS Portfolio Construction Process permanently out of Treasuries and into Gold last fall. We currently feature that Oct-24 Around the Horn presentation on our Sample 42 Macro Research page: https://t.co/LQvjX7i7qY.

You can preview our “US fiscal crisis by 2030” thesis here: https://t.co/ExwXhhyOwU.

We provided a detailed update regarding this deeply researched view on slides 56-84 in our Apr-25 Macro Scouting Report presentation last Friday when the 10yr Nominal Treasury Yield closed below 4%. Although @42Macro currently advises a collection of systemically important buy side clients whose cumulative AUM is well north of $25 trillion, any investor in the world can access this content via our Macro Strategist or Macro Strategist Pro subscriptions here: https://t.co/KTyzYkb9II.

We price our top-tier Wall Street research so that every investor on Main Street has a chance to compete for returns too. Social mobility is very important to me as someone that grew up living exclusively in public housing, homeless shelters, and the occasional automobile. Please like AND repost this note if you support my mission to truly democratize the best of Wall Street.” ❤️

[Mohamed A. El-Erian @elerianm]

The busy week on tap for the global economy and markets includes
US CPI and PPI inflation data;
UMich sentiment indicators for April;
Minutes of the last Federal Reserve policy meeting;
UK GDP
China's inflation data; and
Interest rate decisions in New Zealand, among other countries.
This long list is, of course, supplemented by three questions relating to recent tariff-related signals out of Washington DC:
How will Treasury Secretary Bessent's remark that "there is no reason we have to price in a recession" influence the momentum towards significantly lower US growth forecasts?
Will the "50 plus countries" that have made calls to the US Administration change the direction of travel on higher tariffs in the US and beyond?
Will the Federal Reserve's signal that the traditional "Fed Put" is well out of the money be challenged by further market deleveraging that continues to spread beyond equities?
#economy #markets #tariff

[Kelli Denard @kadenard]

@NorthmanTrader My phone is still blowing up with notifications of cryptos falling 10% or more.

[Kelli Denard @kadenard]

@cvpayne This 2-day sell off is like Super Sunday sales at @MarshallFields back in the 80s and 90s. A great time to add to a Roth IRA!

[Kelli Denard @kadenard]

@cvpayne Am I the only person who didn’t know that @The_Clash_Band has a song called The Magnificent Seven or did I miss the episode where you played it between breaks?

[Kelli Denard @kadenard]

@SullyCNBC I attended a school board meeting in Chicago @ChiPubSchools some years back. High school students were asking for funds to fix their school’s leaking roof. They were afraid people would slip on the water on the floor because the buckets were overflowing. Where does the money go?

[Carol Roth @caroljsroth]

If Main Street and deregulation are top priorities of the administration and the GOP, why has nobody killed the CTA? With the deadline just 3+ weeks away, it’s an easy win for Congress, DOGE, Treasury, the Trump admin and America. Small biz needs action now!!

[Kelli Denard @kadenard]

@cvpayne Charles, you always talk about AI but not YOUR AI - Accelerated Inquiry. You’re not satisfied with headlines; you get into the details most people just overlook and then find the people who can explain them. ❤️ it!

[Kelli Denard @kadenard]

@cvpayne Yes we do! 😂 (Okay, I’m not that old.)