Steve

[Steve @steveystokes]

@Mr_Derivatives Comedy company…..apart from the fact that I’ve got a few shares in them

[Steve @steveystokes]

First half is useful enough for those that don’t understand bond markets and refreshing to hear someone on the further left accept that the bond markets are important and you can’t just print your way to financial freedom. To not mention productivity since 2008, maximising return on/controlling government spending and our aging, unhealthy demographic as well as wealth tax and wealth inequality is disingenuous though

[Steve @steveystokes]

@PolitlcsUK Taking this WFH a bit far Andy

[Steve @steveystokes]

@QuantumGuard17 *Ally

[Steve @steveystokes]

@QuantumGuard17 Comical, backed US in the past and will always be an alley but Trump starts a war for himself/Netanyahu to cause this mess, strait was working fine before and now it’s a shitshow. Needs to grow up and sort his own shit out

[Steve @steveystokes]

@pizzy_kay He’s one of the most talented deep lying midfielders around. Just because he has discipline to play his role some fans seem to struggle with seeing this. Probably ask why busquets and Rodri didn’t/don’t score more

[Steve @steveystokes]

@kickingmustang @asentance No, I’ve said I want us to spend more on infrastructure but we need this to be delivered better/quicker/cheaper. I’ve tried to explain why ultimately it won’t be borrowed at zero

[Steve @steveystokes]

30 year gilts were below 2% for six years two of which were during Covid and post QE. I presume if government started borrowing more 30 yrs, yields would’ve spiked higher (supply and demand). Also total government debt is consistently increasing so ultimately this just gets refinanced at higher rates in future. An extreme example is HS2 planning started in 2010, unlikely to be up and running until 2036 - 2040 so zero return in 25-30 years, cost 10s billions (maybe £100bn) plus accruing interest

I agree we need to invest more in infrastructure but we need far better value for money and it needs to be delivered a lot quick.

Ultimately though its not as simple as borrow at low rates and get pay back as that cash is just shoved on the pile

[Steve @steveystokes]

@Fancricket12 Spot on

[Steve @steveystokes]

@Prithvi10_ It’s why most England fans love him and why the sniffy ones don’t. Think he bowled 8 or 9 overs on the bounce as a 35 year old, fair skinned cricketer in 30+ degree heat. Legend

[Steve @steveystokes]

@VIVEK1888 @TUnlimitedd Not quite sure ever but many don’t appreciate stuff like this. He has standards for behaviours (curfew aside !) and also has the strength of personality to enforce them.

[Steve @steveystokes]

What people don’t realise is he could’ve cost investors huge sums in recent years. People would’ve listened to him and stayed out of the market for what’s been a massive bull run and from the way he’s talking there’s no contrition or acknowledgement that he was wrong but an underlying arrogance of ‘well I’ve made my millions’

Reminds me of Burry, who again was a genius in terms of GFC calls but has doom posted that many times since, charging people with far less money than him for the privilege of this info, that it’s like the boy who cried wolf. I actually think he’ll probably be right more times than not over the next 12 months but that doesn’t negate the BS over the past few years

[Steve @steveystokes]

@Mr_Derivatives They all come out the woodwork during the bear

[Steve @steveystokes]

Great post. It’s investing FFS, why the constant doom BS all over X ?! If people have gone all in on STRC I can understand some worry/panic but theyd also be a bit stupid for doing so (I’d say the same about going all in on any asset/asset class). If it’s small part of portfolio people need to do their research and/or suck it up, There’s no patience, no tolerance and nobody wants to take accountability for their own actions these days (see class action). Golds down 30% from ATH in a high inflation environment when it’s supposed to be a hedge. No divi either. I don’t get bombarded every day about it losing its credibility.

[Steve @steveystokes]

@benwatech @JacobKinge Presume people have never looked at previous cycles 🤷‍♂️. Don’t like the additional ‘products’ Strategy implemented/brought to market, just unnecessary, but BTC drop is nothing to do with him

[Steve @steveystokes]

@ZeroHedge_ Bigger issue was him buying large amounts at/around the peak, crazy. Dragged his average right up

[Steve @steveystokes]

@grok @abccba69xyzzyx @KobeissiLetter What trigger the drop ? Apple putting $200 on a Mac ?

[Steve @steveystokes]

@elerianm Assuming Trump and Netanyahu don’t make a mess of Iran negotiations

[Steve @steveystokes]

@BRITISHHODL1 @NoLimitGains If ‘bankruptcy’ or a strategy liquidation event happened that would be the worst thing to happen to bitcoin ! Anyone with bitcoin should want saylor to succeed, whether he does or not remains to be seen

[Steve @steveystokes]

@I_Big_Deano_I @ubiquitousnewt You should be receiving more state help. I’m not sure the original post is aimed at carers