@RMB Dug in last week. Check out Propy. She knows what’s up. Handles brokerage related steps of the value chain. Still missing: a chain-of-title service, standardized inspection service and standardized property management, all of which would be essential to fractional ownership
@sarajust@andrewrsorkin@NewsHour@WmBrangham ... as prosecuted through ETF allocation, is the dominant price setting mechanism. It's circular / feedback loop, until it breaks. I just don't know what the circuit breaker will be.
@sarajust@andrewrsorkin@NewsHour@WmBrangham building since 2011. ETF zombie stock phenom. Consensus setting function of fundamental equity research analysts was lost 5 years ago. Will be replaced by very sophisticated data science 5 years hence but we are caught in the transition where price/volume risk arb ...
"I haven't seen anything like this in my career...there is a ponzi scheme element to this" says @andrewrsorkin about the current erratic trends on Wall Street driven by online day traders @newshour@WmBrangham "there are no fundamentals to the trades going on"
Now, the work begins:
Getting this pandemic under control. Rebuilding our economy. Expanding health care. Fighting climate change.
Protecting our democracy. Bolstering truth and accountability. Restoring our standing in the eyes of the world.
https://t.co/E5ZmzUc1VS
Everytime i see one of these New Yorkers go West articles, I think back to cozy times at 66 and 3rd when I didn't know what a Honda S928 was ...
["https://t.co/BVWpyG6N5J"]
Just finished the 3-5am shift on the Senate floor in protest of the vote later today on radical Amy Coney Barrett.
She will rule to invalidate Obamacare, causing 23M to lose insurance in the middle of a pandemic. Catastrophic.
Both sad and furious on my rainy drive home.
865K women exiting the workforce in one month is perhaps the long term-impactful economic story of the year, period. Why are only podcasts/outlets aimed at women/moms inviting me to talk about it?
"Coronavirus patients are encountering the same surprise medical bills that have plagued the health system for decades."
Just as industry blocked our bill in CA to stop surprise billing, they also blocked a bipartisan bill in Congress. Shameful. https://t.co/c0KFE30LLa
Under questioning by Sen. Ben Sasse (R-NE), Amy Coney Barrett is unable to name the five freedoms protected by the First Amendment to the U.S. Constitution.
The @GOP’s idea of “democracy”:
- Closing polling places
- Limiting ballot drop offs
- Confusing voters with fake ballot drop boxes
- Sabotaging the Census
- Pushing through a Supreme Court nominee weeks before an election
- Refusing to promise a peaceful transfer of power