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    Another Trade of a lifetime - long treasury bonds (and T Notes)

    German economy enters recession as first-quarter GDP data is revised lower https://www.cnbc.com/2023/05/25/german-economy-enters-recession-as-first-quarter-gdp-data-is-revised-lower.html
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    Another Trade of a lifetime - long treasury bonds (and T Notes)

    If you believe inflation is here to stay, don´t read any further. Current 10yr yield: 3,78%. FED, ECB, BOC, BOE, SNB doing all in their power to destroy economic activity and jobs after years of complaining about "deflation". Copper, crude oil already indicating what´s coming: the famous "R...
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    First Republic Lost $100 Billion in Deposits in Banking Panic

    Spot on. Yet, our yield hungry Swiss hedge funds have a party to play:
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    TSLA Crashes to $5 per Share

    Exclusive: Tesla's Autopilot never claimed to be self-pilot, juror says LOS ANGELES, April 21 (Reuters) - Jurors in what appears to be the first trial related to a crash involving Tesla's Autopilot feature told Reuters after the verdict on Friday that the electric-vehicle maker clearly warned...
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    FTX has recovered 7.3 billion in assets and considering reopening...

    Despite the recent drama, the Mooch, as he’s known, looked relaxed in a Brioni suit and Prada lug-soled loafers, his forehead Botoxed to a smoothness unnatural in a 59-year-old. “I’m not gonna let Sam or anybody, any bad outcome like that, dissuade me from further risk-taking or some big...
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    Goldman loses top trader whose pay rivalled Solomon’s $110m

    https://www.afr.com/companies/financial-services/goldman-loses-top-trader-whose-pay-rivalled-solomon-s-110m-20230307-p5cpx8 Index-rebalancing business....you gotta love his job with several hundred billion $ in stock inventory at GS.... BTW: clever guy - quits now that QE has ended and QT not...
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    Deutsche Bank stocks as a leverage to increasing bond yields

    Why do you guys "think" about DB and other banks? Best trade of the week was buying AAA short term, middle term, long term government paper. PIMCO/Allianz purchased a ship load in last 4 weeks weeks. Recession coming. Crude oil prices under pressure. Other commodities as well. And on top...
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    China's $1T In US Bonds Vs US $700B Exposure In China

    Actually, when you speak to C-level executives in China, they will tell you that they are afraid that the US of A is printing too much "worthless USD". Thus, they spend their overhang of USD liquidity by buying real assets in Europe, North America, Switzerland, Singapore, Oceania and elsewhere -...
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    0.01% of Bitcoin holders controls 27% of the "currency"/property in circulation

    For the less informed: Bitcoin is not a legal tender - has never been. It is regarded by IRS as "property": https://www.irs.gov/irb/2014-16_IRB#NOT-2014-21 SECTION 4. FREQUENTLY ASKED QUESTIONS Q–1: How is virtual currency treated for federal tax purposes? A–1: For federal tax purposes...
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    Pasha Erdogan - Turkey´s President - keeps on giving! TRY being destroyed

    I am short TRY for the last 2 1/2 years. I couldn´t imagine what a hell of "a trade" (actually hundreds of them) that would become! :D
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    Pasha Erdogan - Turkey´s President - keeps on giving! TRY being destroyed

    Say Good Bye To Turkish Lira!
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    Crypto can ‘destabilize nations’ and ‘undermine’ U.S. dollar dominance, Hillary Clinton says

    Former Secretary of State points to Russia’s Putin as a crypto threat Former U.S. Secretary of State Hillary Clinton on Friday warned nations across the globe to take the growing popularity of cryptocurrencies seriously, because these instruments have the potential to undermine the power of...
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    Sen Manchin raises alarms on inflation - inflation to the American people is not "transitory"

    Source https://twitter.com/Sen_JoeManchin By all accounts, the threat posed by record inflation to the American people is not "transitory" and is instead getting worse. From the grocery store to the gas pump, Americans know the inflation tax is real and DC can no longer ignore the economic...
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    Pfizer Says Covid-19 Pill Is 89% Effective in Preliminary Assessmen

    Drug company plans to seek FDA authorization of treatment for patients with a mild to moderate form of the illness https://www.wsj.com/articles/pfizer-says-covid-19-pill-is-89-effective-in-preliminary-assessment-11636109100?mod=hp_lead_pos2 The company’s drug cut the risk of hospitalization or...
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    Federal Reserve 'Should Taper Immediately,' Bill Ackman Says

    Brother Bill is pushing the central bankster to finally move their a$$e$$ !
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    Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion

    Holy crap.Liquidity is mind blowing in that "thing".
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    Imminent China Evergrande deal will see Chinese government take control

    Sources close to the Chinese Government have told Asia Markets a deal that will see China Evergrande restructured into three seperate entities is currently being finalised by the Chinese Communist Party and could be announced within days. State-owned enterprises will underpin the restructure...
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    10 serious COVID patients given Israeli drug, leave hospital in one day

    Source: https://www.jpost.com/health-science/10-serious-covid-patients-given-israeli-drug-leave-hospital-in-one-day-669564 An Israeli biotechnology company has claimed a 100% success rate in the first 10 patients treated with its drug as part of an early-stage clinical trial at Rambam...
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    U.S. Inflation Is Highest in 13 Years as Prices Surge 5%

    https://www.wsj.com/articles/us-inflation-consumer-price-index-may-2021-11623288303 The idiocy of bond traders is breath taking. Only a monkey would react to these inflation figures on the long end like government bond traders did yesterday. In the good, old times this would have been reason...
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    Coinbase is unlike any market debut Wall Street has ever seen

    Another liquidiy generating stock on the market with ghost underlying value. What is the company "producing"? Their business model is easy to copy. In short tie central banks will launch their own digital currency - making BitCoin & Co looking like pale rookies. Playing that thing long and...
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