Michael J. Casper

Chief Investment Officer - Light Macro Capital

[Michael J. Casper @mjc724]

@KathyA11 @TheNYRA @mig4450 My dad owned Creme de la Fete for his last win with Migliore aboard. Hard to believe it’s been 41 years.

[Michael J. Casper @mjc724]

@economistmeg @FT A surprise move by definition would not cause a parallel yield curve move. A surprise cut would steepen the US yield curve. Unclear if lower short rates causing higher UK inflation and growth would dominate higher long rates causing lower UK inflation and growth.

[Michael J. Casper @mjc724]

Scott Bessent reminds me of why I thought Al Gore would make a poor president. Despite being smart, his arrogance will lead to a major policy mistake.

[Michael J. Casper @mjc724]

Why doesn't UK ever discuss the elimination or scaling back of their pension triple lock? 65% of voters are in favor of maintaining it. Not an overwhelming majority when compared to maintaining current income tax and VAT rates.

[Michael J. Casper @mjc724]

@tomfriedman Would you view Israel's refusal to release Marwan Barghouti as a lack of intention for a two-state solution? Could his release be a bargaining chip down the line?

[Michael J. Casper @mjc724]

Stark reaction difference between the Senate passage of the BBB and Starmer's welfare reversal.

[Michael J. Casper @mjc724]

Listening to Peter Navarro on Bloomberg. The right is hypocritical in blaming China/fentanyl for millions of deaths while in the case of guns blaming the individual.

[Michael J. Casper @mjc724]

The rise of 35 bps in Bund yields this week adds to the restrictiveness.

[Michael J. Casper @mjc724]

Ongoing pet peeve of mine. Lawyer politicians weighing in on cases that they can't possibly know all the facts. Vance on the Penny subway choking, Obama on the Ferguson killing.

[Michael J. Casper @mjc724]

Bullock's hawkish stance on government spending stands in sharp contrast to Powell. Especially considering Australia's deficit spending and debt level compared to the US.

[Michael J. Casper @mjc724]

@FanDuel_Racing @raypaulick @aus_turf_club @SkyRacingWorld @cmaherracing @CoolmoreAus @CWilliamsJockey One of the coolest most patient rides I have ever seen.

[Michael J. Casper @mjc724]

I wish an interviewer would ask Trump to explain crypto and why he supports it.

[Michael J. Casper @mjc724]

Isn't the S&P still up over 6% YTD? Not sure why the panic and calls for an emergency cut.

[Michael J. Casper @mjc724]

Snap elections don't seem to work out in this day and age.

[Michael J. Casper @mjc724]

@IFM_Economist Big disconnect between the market and economists. The OIS curve has a low of 3.97% in 3 years.

[Michael J. Casper @mjc724]

In watching the underperformance of Trubisky, Zach Wilson, Trey Lance, etc., are there any good articles based on analytics that break down fail rate by position for top 5 NFL picks? @dcsportsbog

[Michael J. Casper @mjc724]

I have been re-educating myself by reading the book “Can We Talk Israel”. Does anybody view the recent 10/7 Massacre and 1948 Deir Ysssin attacks similarly?
@NewIsraelFund @jstreetdotorg

[Michael J. Casper @mjc724]

@GregDaco Not sure if that is true. 10y UST consistently trades 40 bps over the OIS curve while 30y UST trades 75 bps over. The UK has a similar profile, but Germany, Japan, Canada, and Australia are flat to below OIS.

[Michael J. Casper @mjc724]

@erikbryn Luck. Presidents have very little influence on the economy. The economy is predominantly a function of worldwide factors.

[Michael J. Casper @mjc724]

@barrysvrluga From today’s news, Jim Leyland and Mike McDaniel were unheralded players while Ron Rivera was a 2nd round draft choice and consensus All-American.

[Michael J. Casper @mjc724]

@barrysvrluga My tweet from 3 months ago.

A theory I have on great coaches/managers of the 3 major US pro sports. Most were unheralded players from small schools. In basketball the profile is a guard (usually a 1) who was a captain. Bud Grant, Steve Kerr, & Terry Francona are exceptions.