A sad day...One of the all time greats #RayLiotta has passed away variety.com/2022/film/review…
eg651 retweeted
*FED SWAPS NO LONGER FULLY PRICE TWO HALF-POINT HIKES BY JULY
*Remember the pawns who were trying to sell you the 12-14 rate hikes bs, including $1T of balance sheet reduction in 1 year. Economists spend too much time focused on backward-looking data, and NOT managing risk.
Starting my latest book by @DiMartinoBooth this weekend on the #FederalReserve #monetarypolicy $spy $spx
eg651 retweeted
Here's the relationship btw low Tbill rates and RRP use. Both because of shortage of collateral, not "too much money" which we're always told is Fed's bank reserves (you'll see in a minute why that can't be the case).
alhambrapartners.com/2022/05…
eg651 retweeted
The 2s are the most sensitive of UST notes to Fed policy changes. Up to Apr 22, yield had been rising quickly consistent w/hawkish plans. Yet, 2s can't ignore ongoing inversion further down the curve. Eventually, even 2s will have to reject Fed rate hikes.
alhambrapartners.com/2022/05…
$cenn Dance on a volcano...living life inside a set of a well defined arcs
The Fed’s Chair and Vice Chair Got Rich at Carlyle Group, a Private Equity Fund with a String of Bankruptcies and Job Losses #Powell $spy
wallstreetonparade.com/2020/…
eg651 retweeted
Global growth optimism is currently at an all-time low.
There are no bells rung at tops or bottoms, but that's a lot of bad news priced into things right here and now.
Right on schedule THRIFT SAVINGS PLANS are going to be invested in junk China Emerging Market ETF's. When the stock market crashes and meme stocks moon, none of those people will be able to sell to pocket profits or protect from further losses.
Just in TIME for EXECUTIVE ORDERS
eg651 retweeted
I’m seeing more and more attempts in state media to portray a quick and easy opening up of Shanghai. So I’m posting another video from a stroll tonight. This is Huaihai Rd, one of the main roads in the old area of town. Shot a around 9pm
eg651 retweeted
Has shipping "inflation" peaked? Consumer sentiment and now shipping (container) rates seem to be quickly rolling over (FreightWaves). US consumers exhausted, Europe closing in on recession, and China may already be there.
alhambrapartners.com/2022/05…





















