Plutvs

[Plutvs @plutvs]

EU somewhere 👀…taking notes

[Javier Blas @JavierBlas]

China ordered its national companies to ignore US sanctions on domestic oil refiners that Washington said were buying Iranian oil.

In a rare order issued on Saturday, it said Chinese entities shall "not recognize, implement, or comply with the sanctions" in order to "safeguard national sovereignty, security, and development interests."

https://t.co/BK1YpFuz82

[Plutvs @plutvs]

Now do robotics job exposure. Probably a mirror outcome. If your job touches the physical world a robot will do it better / faster than you… Adjust your takeaways accordingly. If this ends up being anywhere close to reality, the eco fallout for most will be far reaching.

[Kaito | 海斗 @_kaitodev]

5 minutes ago, @karpathy just dropped karpathy/jobs!

he scraped every job in the US economy (342 occupations from BLS), scored each one's AI exposure 0-10 using an LLM, and visualized it as a treemap.

if your whole job happens on a screen you're cooked.

average score across all jobs is 5.3/10.
software devs: 8-9.
roofers: 0-1.
medical transcriptionists: 10/10 💀

https://t.co/7MWRgdtLDI

[Plutvs @plutvs]

@AlecStapp @rutgerbregman Show me the incentives, I’ll show you the outcome

[Plutvs @plutvs]

Create a problem by “solving” a problem to then extract more value by “solving” the problem you created in the first place. Classic.

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

Citadel's CEO says decisions made under the Biden administration "were so so poorly thought out in terms of economic consequences, it cost the U.S. economy dearly."

[Plutvs @plutvs]

@junkbondinvest We know you know better. 0.25% CPN 2052 bond, c’mon

[John Arnold @johnarnold]

Just returned from my first trip to China, mostly looking at the energy and robotics industries. Fascinating. Random observations, both business and general, below...
1/x

[Plutvs @plutvs]

@ojblanchard1 The EU should want to and move to implement this ASAP regardless of the drama with the US. What’s holding them back?

[Clifford Asness @CliffordAsness]

Say “apparent volatility” or else you are just lying. Just ridiculous how obvious this crap is and yet they just keep saying it.

[Plutvs @plutvs]

@TedPillows Same source list London liquid millionaires at ~220K so you’re talking < 10% of London Liquid millionaires. Context matters

[Plutvs @plutvs]

@godofprompt AI

[Plutvs @plutvs]

@solana @jpmorgan Slight typo - it’s Scott Lucas

[Plutvs @plutvs]

@dampedspring @MarkYusko Shocker…

[Plutvs @plutvs]

@MilkRoadMacro @MilkRoad Same chart, 3 time series: Mag7, SP500 - Mag7, job openings. You’ll still get a K but different implications.

[Plutvs @plutvs]

@balajis Switzerland's neutrality has indeed been diluted by the political class, but thanks to a popular initiative & "direct democracy" it will be put to a popular vote in 2026. The outcome could be surprising and far reaching for CH.
https://t.co/20sglAA5mQ

[Florian Ederer @florianederer]

Politicians who later become congressional leaders trade stocks like everyone else ... until they ascend to power.

After ascension, their portfolios beat peers by 47 (!!!) percentage points a year through trades timed around bills and firms that later get government contracts.

[Plutvs @plutvs]

@TheBlock__ Embracing and promoting the market's most churn-heavy asset, a sure fire way to generate fees, while giving the people what they want.

[Plutvs @plutvs]

@agnostoxxx @LukeGromen “Golden Age of Grift”

[Barchart @Barchart]

U.S. Dollar is now used in nearly 50% of global payments, the highest level in more than 13 years 🚨

[Meb Faber @MebFaber]

No matter how you measure it, foreign stocks trade at half the valuation of US stocks...

via @LeutholdGroup

[Michael Pettis @michaelxpettis]

1/9
FT: "China’s leaders have changed their stance on monetary policy to “moderately loose” from “prudent” for the first time in 14 years, sending asset prices higher as investors bet policymakers were taking the economic situation more seriously."
https://t.co/HpmdGJ7EAM