PaperHandsCap. retweeted
3 hours until markets open...
Where do Sep ES futures open tonight?
Answer and retweet.
The follower with the best guess
gets 3 months of Discord access for FREE🎯
Fartcoin still has 3 months returns of 42% and back at Jan highs, froth didnt go anywhere....
$PLTR you thought froth was gone from the mkt, back to nearly ATH, folks throwing record money at crypto
PaperHandsCap. retweeted
While tariffs represent abstract uncertainty to most consumers today, there is a high likelihood they will become a tangible threat when prices rise as a result.
FWIW - I am not sure how much those at the bottom can take. Their "stacked vulnerabilities" are especially heavy.
PaperHandsCap. retweeted
Since February 2020 foreign-born population in US (orange) has been responsible for nearly all labor force growth ... native-born growth (blue) barely positive
PaperHandsCap. retweeted
In the past 3 weeks, more than 400,000 news articles were published that mentioned China.
More than 33,000 of them were explicitly negative. That's the highest ratio in at least a decade.
The only other time that came close was 8 years ago almost to the day.
PaperHandsCap. retweeted
IF U.S. incomes spiked 69%, we'd return to pre-pandemic housing affordability levels.
IF U.S. home prices fell 41%, we'd return to pre-pandemic affordability.
IF mortgage rates fell 4.3 percentage points (from 7.26% to 2.96%), we'd return to pre-pandemic affordability.
PaperHandsCap. retweeted
Ford laying off 'at least' 1,000 salaried and contract workers.
It will lose $3 billion making EVs this year.
Ford is now likely losing more than $30,000 on every electric it sells.
Last week the federal government (i.e. you) loaned Ford and a South Korean company $9.2 billion to build battery factories in the south, on top of federal tax credits to entice buyers.
The next few years should be interesting for Detroit (and taxpayers)
Let's see if its .. sustainable.
reuters.com/business/autos-t…
PaperHandsCap. retweeted
Fraud against the Paycheck Protection Program was widespread enough to bump up real-estate prices within certain U.S. ZIP Codes, researchers concluded, blaming the abuse on weak controls at some financial technology companies on.wsj.com/3CEYOLc
PaperHandsCap. retweeted
FRAUD IS THE HOUSE OF CARDS PROPPING UP THIS HOUSING MARKET
NOT organic “Supply and Demand”
“People who received fraudulent loans were significantly more likely to purchase a home during the program than those who got the money legitimately, driving up home prices”
PaperHandsCap. retweeted
A reporter tried to debunk the horror stories about San Francisco, but couldn’t because they’re true. “Some of the street addicts were rotting, literally: their decomposing flesh attracting flies.”
curbed.com/2023/05/san-franc…
PaperHandsCap. retweeted
Another thing to note about the 1M bill yields is that there is an entire class of money funds who can ONLY buy Treasures. Those guys will have to buy bills no matter the price, and they are choosing 1M to avoid default risk.
Here is FDLXX, a $4b fund gobbling up bills
PaperHandsCap. retweeted
Biden to hike payments for good-credit homebuyers to subsidize high-risk mortgages
washingtontimes.com/news/202…
PaperHandsCap. retweeted
It was so obvious the Fed would hike rates at the fastest pace in 40 years?
Remember, the Fed kept rates at 0 as CPI ticked from 1.7% in Feb '21 up to 7.9% by Feb '22.
Powell also said 75 bps was off the table a month before 4 straight 75 bps hikes. youtube.com/watch?v=zImKCYgh…
PaperHandsCap. retweeted
$BYND What in cockroach-burger eating hell is this?🪳🤮 This now has NEGATIVE gross profit? Rev -21%? The founders 🤡 should run a class at Ponzi University. I couldn’t even look past the P&L, I was so disgusted. Have to rinse my eyeballs. Like a roach, the stock won’t die, +9%.
