My wife and I are bond geeks so this is what I just offered her! A bearer bond from 1905 issued by the Chinese imperial government. Here is what I managed to learn about it… A thread 🧵

*AMLO: MEXICO COULD TRANSFER PEMEX DEBT TO SOVEREIGN DEBT* -Bloomberg

Friday.

Happiness in CA.

Hey Caltrans District 9 - is the 395 closed southbound too, or only northbound?

Twitter que todo lo sabe: ¿Alguien por aquí se ha ido a Holanda 🇳🇱 a estudiar una maestría? ¿Saben de becas / créditos más allá de los comunes (Conacyt/Funed, Banxico, etc...)? 🙏

Hey ⁦Los Angeles Times⁩ - yes John and I used to be married. We are now friends and share a wonderful son together. In this context I am not an “ex wife,” I am a veteran journalist with decades of experience who worked hard for this role. Do better please.

Perhaps our most acute awareness of the lacuna between the life we do have and all the lives we could have had comes in the grips of our fear of missing out—illuminations in which we recognize that parallel possibilities exist alongside our present choices themarginalian.org/2017/01/06/sim…

💔🇹🇷

#Bloomberg: The Mexican peso led losses among major peers Tuesday after a key congressional committee approved Andrés Manuel full plan to overhaul the nation’s judiciary:

"Some market watchers questioned if Nvidia Chief Executive Jensen Huang’s comments on his quarterly earnings call would be more important for the market than Federal Reserve Chair Jerome Powell’s address in Jackson Hole, Wyo." #NvidiaDay wsj.com/tech/ai/its-nv…

Great article on the evolution of #NVDA's chips and the soon-to-come Blackwell chip. wsj.com/tech/nvidias-f…

The private credit market is now (~) larger than the high yield public credit market. Best podcast I’ve listened to on private credit, the pros, cons, and overall challenges. podcasts.apple.com/us/podcast/odd…

The Federal Reserve is poised to start cutting rates on Wednesday. How those cuts will ripple their way through the economy is an open question. wsj.com/economy/fed-in…

europeans are going to freak the hell out tomorrow morning…

Mexican peso free falling.

"U.S. stocks’ capitalization rose by $1.62 trillion on Wednesday, their fifth-best one-day showing ever" wsj.com/finance/stocks…

Are Intel’s Problems Too Big to Fix? Intel’s stock lost 61% of its value between Gelsinger’s first day on the job in early 2021 and Friday’s close. The S&P 500 has gained 53% over the same period. wsj.com/tech/are-intel…

"2024 Has Been a Year of Extremes in the Stock Market. Can It Last?" Investors betting on a simple reversion to the mean might be disappointed. This isn’t your grandfather’s stock market. wsj.com/finance/stocks…

What an amazing chart from Axios on U.S. - China trade. "If Donald Trump succeeds in significantly reducing the U.S. trade deficit with China, he'll do so against the force of history — and of market expectations"