So far bond markets unmoved by DOGE announcements.

The duality of man. $BTC

Do with this what you will. I've seen convertible notes used for SunEdison during the mania that stock went through. Not to say all companies that issue convertible notes end up in bankruptcy, but a note of caution. They are financial instruments for cash-strapped hyper-growth

x.com/i/article/1862…

Productivity up 2.6% annualized the past 6 quarters. Compare this with 1.6% from 2015 to 2019. We've been in the camp for well over a year now that productivity was going to improve and it would lead to a better economy and bull market.

Do headlines in all caps count as Markets in Turmoil?

I bought the dip.

In which a comedian accurately describes the deindustrialization of the U.S. via its global dollar structure better than most macro analysts:

Think I remember a while ago a certain TV personality arguing for Apple to be valued like a Consumer Staples company. Like companies that make toilet paper, and soap.

Was curious to see if we'd see a bounce off the 26x PE (NTM). Looks like we got it. A nice mix of technical and fundamental analysis. Was also about to throw the fundamental analysis out the door as I don't believe we're in a regime that supports being in the red box. $AMD

People who traded through Trump's 2019 China tariff tweets watching everyone panic this week like:

LUKA x LEBRON IN HOLLYWOOD 🎬 🤯 It’s showtime 🔥

Now Bessent gave an explanation for Trump’s surprising approval of Fed rate pause over the weekend—could it be that Trump actually have eyes on bringing down the term premium?! It raises the tantalizing possibility that Trump is on board with and (*gasp) actually willing to

“Let me get this straight, you can buy a burrito on an interest-free instalment plan?” “That’s right, and we’re not even based in the Chipotle store.” “So, you finance this by packaging the burrito instalment loans into Burrito CDO A, which has part of Burrito CDO B and both

a tale of two tariffs: free for all subscribers, citriniresearch’s first financial history piece in two years citriniresearch.com/p/a-tale-of-tw…

Elon and the DOGE team were right… for every case you find, there are ten more I bet “USAID Official and Three Corporate Executives Plead Guilty to Decade-Long Bribery Scheme Involving Over $550 Million in Contracts; Two Companies Admit Criminal Liability for Bribery Scheme

There is a clear path to restoring hearing with a @Neuralink, even for someone who has had total loss of hearing since birth, as our device directly activates the neurons in the brain that process sound

Send it higher

Incredible stat.

1/6 Recessions and financial crises can have a profound and lasting impact on an economy for years to come. We had both in 2020. This changed the economy. Change does not mean worse or dystopian. It means different. This economy differs from 2019 (pre-COVID). 🧵