DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile
DICKSON MAGECHA

@dicksonmagecha

Financial Markets Enthusiast/ Afro-optimist/ Husband/Father. All views are my own & RTs are not endorsements

ID: 26244189

calendar_today24-03-2009 14:15:06

7,7K Tweet

4,4K Followers

707 Following

Erik Solheim (@eriksolheim) 's Twitter Profile Photo

This is simply brilliant! George Yeo, former foreign minister of Singapore explains why China 🇨🇳 is different from the West and doesn’t have it in its DNA to become an imperial power like the colonial powers or the US.

CNN (@cnn) 's Twitter Profile Photo

Indian billionaire Gautam Adani has been indicted in New York over a multi-billion-dollar fraud scheme, the Justice Department says cnn.it/4fA97St

xAI (@xai) 's Twitter Profile Photo

Grok is now free for everyone Our AI assistant is faster, sharper, and includes all new-image generation. Available for free on 𝕏 today. Try Grok now: x.com/i/grok Here’s what we’ve been up to:

πολεμιστής (@0xdefi419) 's Twitter Profile Photo

A group I want to highlight specifically here are Kenyan Americans They’ve effectively doubled their population in America since 2021 Having gone from 94.6K population to 174K now Median household income $93.6K Narrowed down for married couples median household income: $129K

A group I want to highlight specifically here are Kenyan Americans 

They’ve effectively doubled their population in America since 2021 

Having gone from 94.6K population to 174K now

Median household income $93.6K
Narrowed down for married couples median household income: $129K
πολεμιστής (@0xdefi419) 's Twitter Profile Photo

Kenyan Americans are now the wealthiest black American immigrant group by median household income For both overall and married couples

Martin Kimani (@ambmkimani) 's Twitter Profile Photo

When you level the playing ground, it turns out that Kenyans are among the most educated, hardworking, and ambitious groups of people on earth. Here are some statistics drawn from the U.S. Census Bureau. Thank you to πολεμιστής for drawing my attention to the source of these

DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

The crowding out effect by government borrowing was the problem. Now that deficits have dropped by a significant percentage to 4.3% of GDP from 8% (ideal target still some ways to go at 3% of GDP), interest rates will naturally drop as the supply of bonds by the state reduces and

Sawyer Merritt (@sawyermerritt) 's Twitter Profile Photo

NEWS: Chinese EV maker Nio has unveiled the production version of its flagship electric sedan, the Nio ET9. Some of the features are pretty wild. • Starting Price: 788,000 yuan ($108k USD) when acquired with battery pack, $91k USD if not. • Steer-by-wire • Length: 209" (12"

DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

It's interesting to see the USA going all-in on crypto, yet the raison d'etre for cryptos (like Bitcoin) was actually to hedge against the Fiat currency unbridled ability to print and eventually replace Fiat currencies as a store of value. The absolute nightmare scenario for the

DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

There is a bit of a maturity cliff in fiscal year Q4 (April-June) when we had issued a lot of two-year bonds in 2023. Probably, they anticipate to let those maturities roll-off havijg borrowed in advance and avoid rolling-over large principal amounts. The tax collection is also

DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

Seems the only way to avoid high tariffs is to improve the trade balance with the USA. Crude method, but ingenious all the same. ION, looks like a great opportunity to attract investment for countries left in the 10% baseline (especially where the US runs a trade surplus or a

tphuang (@tphuang) 's Twitter Profile Photo

I wrote up substack entry on this Chinese de-risk/decoupling from US that went almost unnoticed & the disastrous ramifications in this trade war tphuang.substack.com/p/why-this-tra… Take a look at this iPhone supply chain value breakdown (inflated btw) Ask urself if China can live w/o this

I wrote up substack entry on this Chinese de-risk/decoupling from US that went almost unnoticed & the disastrous ramifications in this trade war
tphuang.substack.com/p/why-this-tra…
Take a look at this iPhone supply chain value breakdown (inflated btw)
Ask urself if China can live w/o this
DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

tphuang.substack.com/p/why-this-tra… "...If we take a look at TD Cowen’s cost breakdown (which overestimates cost of almost every step), just about 10 to 15% of the xFactory value of a iPhone 16 goes to a Chinese employer. This also does not include Apple’s own IP value that gets included in

tphuang.substack.com/p/why-this-tra…

"...If we take a look at TD Cowen’s cost breakdown (which overestimates cost of almost every step), just about 10 to 15% of the xFactory value of a iPhone 16 goes to a Chinese employer. This also does not include Apple’s own IP value that gets included in
DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

Point 6- some erroneous conclusions here. The 'stabilisation' as you call it has been occasioned by FX reserves building activities. Hence, if they weren't undertaking this- the KES would be stronger. The point on debt on this is wrong as the stronger KES against the dollar would

DICKSON MAGECHA (@dicksonmagecha) 's Twitter Profile Photo

You need to disaggragate the economies where we largely import from mostly from China, India and middle East (Oil, household consumers, machinery and capital goods, industrial chemicals etc) to make a better analysis.. Most of those currencies are either pegged to the dollar or