808

Memento mortis

[808 @prpl8]

Profits High
Employment High
Buybacks High
Deferrals High
Debt Service Low
Spreads Low
Taxes Low
Valuations High
HH Stock Allocation High(est)
US Stock Weight High(est)

2025 seems like its going to be a fun year, but sometime this Presidential term it will all roll over

[808 @prpl8]

this was a good read, nice primer

[Prometheus Research @prometheusmacro]

Out now: When Do Hikes Hurt Equities?

Hiking cycles materially weigh on equities. Whether they move from a correction to a bear market depends on policymakers.

63-pages. Free this week. Link below.

[808 @prpl8]

@AahanPrometheus

[808 @prpl8]

@AahanPrometheus 3 steps and a stumble

[Le Shrub🌳 @agnostoxxx]

Regarding $NVDA / Jensen, we live in a such a stupid world that:
- if you visited Epstein Island, you definitely got away with it
- if you slept with a Chinese Spy, you are borderline and may eventually get away with it
- but if you slept with a work colleague … oh my, that’s straight to the 9th circle of Hell

[808 @prpl8]

@LeoStarikov it is pretty funny though

[808 @prpl8]

can somebody ask Jordan what I did to get blocked?

i am a big fan of his work and I am baffled

wanted to tag him in chinatalk pod post about jensen and found out i have been blocked

[808 @prpl8]

@LeoStarikov oh that must be it

[Thomas Massie @RepThomasMassie]

IMPEACHMENT, Article III

The law requires our military to withdraw from hostilities within 60 days if Congress does not authorize the activity.

Operation Epic Fury has been underway for 256 days. Congress has not authorized it.

Hegseth is breaking the law.

Not even debatable.

[808 @prpl8]

put me in charge I can deliver affordable medicare for all

but I need Bukele like authority

[Jessica Riedl 🧀 🇺🇦 @JessicaBRiedl]

Are we still doing this?

The polls also show that M4A supporters believe that under the policy: A) They can keep their current health plan, and B) the entire U.S. health system would be financed by billionaires.

They aren't endorsing actual M4A, they are endorsing a fantasy.

[808 @prpl8]

@Bralo4i33 @SouthernValue95 @yqyj indeed

[808 @prpl8]

trump has a lot less power, the rats are blaming him now

[Aaron Rupar @atrupar]

Hegseth notes that everything he did was "ordered by the commander in chief"

(he was just following orders, you see)

[808 @prpl8]

@HayekAndKeynes we could end fentanyl overnight if we just adopted the CCP method to eradicate opium:

summary execution

[808 @prpl8]

@Bralo4i33 @SouthernValue95 @yqyj ^exactly

[808 @prpl8]

@tdarling1 diesel down 20% off the his

[808 @prpl8]

@Ksidiii how much AUM in dispersion at present, do you have good handle?

[808 @prpl8]

@SJosephBurns calm down

[808 @prpl8]

@AnnaEconomist ah, those haircuts, I remember them well

[808 @prpl8]

@HayekAndKeynes 10 years semi wasted on reshoring and totally wasted on building united front to combat China/corporatacracy

[808 @prpl8]

this argument is retarded as good policy, but makes sense to politicians

as laid out by Sir James Goldsmith in The Trap decades ago

[Arnaud Bertrand @RnaudBertrand]

Very thought-provoking argument by Louis-Vincent Gave @gave_vincent, co-founder and CEO of Gavekal (one of the most respected macro research firms on China).

His argument - which is correct - is that one of the The biggest problem for Western governments today (be it France, the UK, the US) is the rapidly rising cost of funding their debt.

He says that governments have 3 broad ways to get it under control:

1) Austerity, cutting spending massively, which basically no politician wants to do because it makes you massively unpopular

2) Specific to the US, they could dramatically reduce AI data center spending, which soaks up a huge share of the world’s capital and pushes up borrowing costs for everyone, governments included. Not good either since it kills the AI boom.

3) Or, they can go back to embracing China, which he calls "the one deflationary force in the world today." He says it's by far the easiest path, and policymakers always take the easiest path.

Louis-Vincent argues that's exactly what Mark Carney (“the least dumb of the western leaders today,” in Gave’s words) did when he opened Canada to Chinese cars: it's a cheap and easy way to fight inflation, and to reduce the cost of funding Canada’s debt in the process.

It's fairly ironic when you think about it: you can actually find plenty of quotes by Western officials castigating China for "exporting deflation" (like Klaas Knot from the European Central Bank here: https://t.co/Kl9W8QaA3U). Louis-Vincent’s argument is basically that, sooner or later, folks in Western finance ministries are going to look at bond yields, then at the inflation numbers, then at all those speeches about China exporting deflation, and go like: "wait a minute..." 😏

Full video of Louis-Vincent’s interview here: https://t.co/CiPX6Dds1R

[808 @prpl8]

@SouthernValue95 @Bralo4i33 @yqyj these idiot CCP trolls are so amusing