They asked Milton Friedman what causes inflation, and he didn't blame the usual suspects. Not consumers, not producers, not unions, not foreign countries, not oil imports. He pointed at one thing only: government spending and money creation.
For him, inflation is a monetary
Could this be Burry's latest move?
He deleted a post yesterday saying he closed his BABA position for more JD. Also mentioned buying MSFT Dec 2028 LEAPs around the low 700 strike.
Looking at Dec 2028 options, 705 strike calls had 386 contracts traded yesterday with OI incr
Breaking news 🚨
Saylor’s Strategy sitting on -$13.5B unrealized loss (-40%)
Tom Lee’s BitMine down -$10.4B (-53%)
That’s over $23 BILLION in paper losses.
Time to shake out the treasury tourists.
Only then can the real bull run start.
Did a stock draft with friends and here are the 12 picks I'm stuck with until June 2027...
1. $NVDA
2. $AMD
3. $GEV
4. $TXN
5. $RKLB
6. $RDDT
7. $GOOGL
8. $FIX
9. $AAPL
10. $GLXY
11. $SNDK
12. $BE
Am I doomed?
@elerianm Interesting how one country's slowdown can actually help keep prices stable elsewhere. Makes you wonder what happens when they ramp up again.
Further to my earlier posts on how the global economy is handling disruptions to oil supplies, this from the WSJ:
"A sharp fall in China’s crude oil imports during the Iran war has been instrumental in holding down oil prices and keeping the global economy humming. "
#economy #oil #energy #markets @wsj
Sunday run challenge with the squad today 🏃♂️
One of our teammates hadn't run since the 90s. That's still a win in my book!
Regardless of how small, just get out and move your body 💪