Roy Knaggs

CTO leading and growing a team designing ultrasonic sensors for the emissions control market, while setting the team up for a future of solving "hard products"!

[Roy Knaggs @royknaggs]

@CleansedTweets You've basically repeated the @RestoreBritain manifesto...

[Roy Knaggs @royknaggs]

@VetoCampaign Candidates and policies will never be perfect but making people think hard about which of the two most popular candidates they would rather have will bring majority legitimacy. This is a hard choice, but people should make it.

[Roy Knaggs @royknaggs]

@RBehiel @elonmusk @TheZvi @grok where is Conway's law written?

[Roy Knaggs @royknaggs]

@Fat_Electrician 👆

[Yun-Ta Tsai @yunta_tsai]

@JayTimothy24003 Competent people respect competent people.

[Roy Knaggs @royknaggs]

Very few people in the world understand game theory...

[Roy Knaggs @royknaggs]

@snowmaker I believe that's basically James Dyson's philosophy.

[Roy Knaggs @royknaggs]

@miltonmueller @venividimessui @PalmerLuckey https://t.co/Zir30DU4IH

[Tim Denning @Tim_Denning]

Obama was right about wokeism (love him or hate him)

Boycott mentality & activism are stupid.

They solve nothing. These people just throw more peanuts from the peanut gallery.

[Tim Denning @Tim_Denning]

3. "Singapore is worth emulating"

Major economies realize the stupidity of wokeness.

While the West argue about trivial human differences bigger problems are allowed to persist.

Those who profit off them want to divert attention so the real issues never get solved.

[Roy Knaggs @royknaggs]

Remove every single tax and then just skim 1% every time money moves *for whatever reason* in the economy. Then the entire taxation economy can be released to do other more useful things.

[Elon Musk @elonmusk]

Well, the public has made their view clear … 😂

[Roy Knaggs @royknaggs]

@brian_armstrong Remove every single tax and then just skim 1% every time money moves *for whatever reason* in the economy. Then the entire taxation economy can be released to do other more useful things.

[PoIiMath @politicalmath]

young men want to be brave in the face of danger. They want challenge and glory and a culture that will respect them for sacrifice, a culture that treats them with dignity for their risk taking or protective instincts

[Roy Knaggs @royknaggs]

@MarioNawfal Put the internet cache servers on the actual satellites... Update in the background!

[Roy Knaggs @royknaggs]

@Wappy_x @levelsio @erickpinos 👆 this! Learn ROS through doing...!

[Roy Knaggs @royknaggs]

@realGeorgeHotz @Apple Check out @dhh blog!

[Roy Knaggs @royknaggs]

I thought this too - but then realised that the yen appreciation vector is probably way more powerful than the rates delta vector - hence the unwind.

[Jim Bianco @biancoresearch]

1/12

🧵on my take on what is happening in financial markets.

tl:dr:

Not all sharp moves in financial markets are driven by rapid changes in the economic outlook. Unexpected changes in the financial structure of the markets can also force repricing.

The most recent move in the markets has been driven by the Bank of Japan’s larger-than-expected hike last week, which led to a subsequent unwinding of the yen carry trade.

In other words, everyone is right to be mad at the central bank. The problem is that most blame the wrong central bank; they should focus on the Bank of Japan.

This is the Fed's dilemma. The catalyst for the yen carry trade unwind is the narrowing of the interest rate spread between Japan and the US, which has been caused by the Bank of Japan's hike. But if the Fed succumbs to market demands and cuts rates, it will narrow this spread further and worsen it.

(see post 12/12 for its implications for the U.S. economy)

[Roy Knaggs @royknaggs]

Hold on, if it's the yen carry trade unwinding that is causing this, then surely the US reducing rates will exacerbate this...?

[Bill Ackman @BillAckman]

The Federal Reserve was too slow to raise rates. Now it is too slow to lower them.

[Roy Knaggs @royknaggs]

@learnpursuit @haralabob @ShaanVP 👆