Omer Iftikhar

Macro Portfolio Manager

[Peter Smith @OneMorePeter]

CLARITY is coming 🚀

Thank you @realDonaldTrump, @SECPaulSAtkins, and @ChairmanSelig for today’s productive meeting.

For too long, DC regulated a modern industry with old rules and by enforcement. Clarity will put the USA back in the lead and Americans first. Let’s go!

[Omer Iftikhar @omeriftimian]

@sairahul1 @grok summarize this video?

[Peter Smith @OneMorePeter]

1/ Thank you @realdonaldtrump for an inspiring private meeting yesterday. One thing is very clear: this is our time.

[Bloomberg Markets @markets]

Japanese department store operators are benefiting from increased spending by wealthier shoppers despite the inflationary environment, in contrast to lower-end retailers https://t.co/OkeG2e98YK

[Omer Iftikhar @omeriftimian]

@anasalhajji Nope, just speculating

[Omer Iftikhar @omeriftimian]

@anasalhajji Seems like that is the end goal now. (Raise some extra cash every so often)…

[Mohamed A. El-Erian @elerianm]

Generated by #OpenAI's #ChatGPT.

#FederalReserve #fed #entralbanks #economy #inflation

[Bloomberg Originals @bbgoriginals]

Sialkot, a city in northeast Pakistan, produces about 70% of the world’s soccer ball supply — including Adidas’s Al Rihla, the official ball of the 2022 FIFA #WorldCup in Qatar https://t.co/mo8ntrGhTI

[Jens Nordvig @jnordvig]

This cycle is so much more extreme than the last one

A couple of observations on the yield curve...

(using rates 6 months and 18 months into the future)

[Lyn Alden @LynAldenContact]

Back in 2008, there were 64 claims on dollars for every base dollar.

Since the Federal Reserve expanded the monetary base significantly faster than debt increases, it's now down to 14x.

[Mohamed A. El-Erian @elerianm]

From #Bloomberg. #markets #tech

[Jonathan Ferro @FerroTV]

Carnage so far in 2022

Netflix -72.4% = worst year on record
Facebook -43.9% = worst on record
Amazon -36.8% = worst since '08
Tesla -30.5% = worst on record
Microsoft -22.5% = worst since '08
Google -21.6% = worst since '08
Apple -17.5% = worst since '08

[Otavio (Tavi) Costa @TaviCosta]

A commodity driven economy on the cusp of a major breakout.

Brazilian equities never looked so attractive from a macro, value and technical perspective.

[Jens Nordvig @jnordvig]

If the yield curve inversion is signaling an imminent recession, how come forward rates (2-year rates, 2-years ahead) are exploding higher?

[Charlie Bilello @charliebilello]

The US Money Supply has increased over 41% in the last 2 years, the largest 2-year increase in history.

[Javier Blas @JavierBlas]

UPDATED: European natural gas prices zoom to a fresh all-time high, rising >75% today. Benchmark TTF is trading above €345 per MWh.

** That's equal to more than $100 per million Btu, or more than to $600 a barrel of oil equivalent ** (I promise you there are not typos there).

[Lawrence McDonald @Convertbond]

The "Crash of 22"

*Carnage under the Nasdaq surface

[Jens Nordvig @jnordvig]

Here is another US housing market chart (old timer) that has not been in vogue for a while...

(I should dig out the flow version of this...)

[Ray Dalio @RayDalio]

While it's easier to avoid confrontations in the short run, the consequences of doing so can be massively destructive in the long term. It’s critical that conflicts actually get resolved—not through superficial compromise, but through seeking the important, accurate conclusions.