If a 'religion' is defined to be a system of ideas that contains unprovable statements, then Gödel taught us that mathematics is not only a religion, it is the only religion that can prove itself to be one. - John D. Barrow, The Artful Universe (1995)

Be like Noah. Start a huge, foolish project that nobody understands.

A new idea comes suddenly and in a rather intuitive way. But intuition is nothing but the outcome of earlier intellectual experience. - A. Einstein

Once the pendulum starts swinging the other way, the collective mentality will shift to, “Why should I buy now if mortgage rates will be lower in 3 months?” This will be amplified in areas with ample inventory and price cuts Reverse FOMO

Adam Schiff for President, on a Schiff Klobuchar ticket. God, almost posted it this morning and now…

Bank of Japan 1. Prints insane amounts of money. 2. Becomes largest holder of ETFs in the Nikkei, incentivizing investors to purchase Japanese ETFs borrowing in yen. 3. Yen falls to 40-year lows 4. BOJ blames "speculators". A classic. 5. BOJ spends billions stabilizing the yen

This is the funniest table in finance right now Returns from buying when CNCB goes full alert “Markets on Turmoil” Thanks to Charlie Billelo

The Fed is in a lose-lose situation: 1. If the Fed cuts rates aggressively right now, markets tank further and they risk a resurgence of inflation. Cutting US rates will only make the Yen carry trade unwinding WORSE, likely sending the Nasdaq into bear market territory. 2. If

From my buddy Paulo Macro and his excellent blog… Don’t think guys have thought this through very far. -If Fed cuts aggressively here, JPY goes to 120 and every CUSIP has a flash crash, as the carry trade blows up. -If Fed cuts slowly, then it may just blow everything up

7.

Luke Gromen How do you both have low cost, competitive American manufacturing and American manufacturing jobs? 🤔

Alex Much weaker USD

What is a proton made of? Early scattering experiments probing the substructure of the proton found an interesting result. Instead of being made just from point-like particles (quarks), there seemed to be more going on inside the proton A🧵1/6

8.

Yesterday there was a million-year pause in the simulation, but no one noticed.

“Genius requires solitude.” - Nikola Tesla

"The task is not so much to see what no one has yet seen, but to think what nobody has yet thought about that which everybody sees." - Erwin Schrödinger

Hitler put people on trains. Trump puts people on planes.

I can no longer in good faith be on this platform and let it harvest my data.