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  1. mervyn

    The US is now in recession

    Define “recession”, 2 consecutive negative GDP is not happening. Everyone has multiple jobs/income streams now, to make ends meet or try to save for retirement. My friend’s wife, who is a stay home mom, now cooks cookies and sell to customers via these food delivery apps from home. Never thought...
  2. mervyn

    WeWork to file for bankruptcy

    Or e-commerce p/e, aka amazon I use safety razor at home, albeit a very fancy one from Muhler and Japanese feather blades. Otherwise a march 3 when travel. Have you looked at how much Gillette 5 blade razor cost lately? Anything cheaper will have the market. But I don’t know if you want to buy...
  3. mervyn

    WeWork to file for bankruptcy

    because they are comped with high tech and e-commerce p/e, not manufacturing, and can take market shares away from the big boys. i did make some money shorting peloton, too little to write home about.
  4. mervyn

    Hamas must be eliminated

    Hamas was founded and funded as counterweight to PLO, when Israel didn’t like Arafat’s Fatah, a typical balance of power move. They won the election fair and square, under UN and EU election officials watch. Then Abbas didn’t like it and dissolved the parliament, civil war between Fatah and...
  5. mervyn

    WeWork to file for bankruptcy

    I like warby, in fact, all my eyeglasses were bought there in their shop. It is very inexpensive, $95. Other places you can easily pay well over $200. I saved more than half. Razor business is the same, m2c, manufacturers to consumers, direct sales, no middleman. These cost cutting business...
  6. mervyn

    Could Israel dump Netanyahu in the middle of a war?

    I think after this, a real two state solution must be worked on seriously. Israeli have to give up some settlements. And I am getting the sense that American Jewish communities are parting with the Zionists. Other than that asshole Bill Ackman.
  7. mervyn

    WeWork to file for bankruptcy

    This will drive the “real landlords” nuts, upstream ownership would have to write off as bad debts, and worse, find another large tenant to fill the space.
  8. mervyn

    trade idea: the good ol' long US10y bond, long S&P500

    high leverage and small margin, two things to die for, not 5% interest.
  9. mervyn

    trade idea: the good ol' long US10y bond, long S&P500

    That’s why I trade bond futures rather than buy underlyings. If anything, time to get in TLT.
  10. mervyn

    Politicians mispending taxpayer money

    the governors probably don’t even make $82k in salary, but they have office budgets, not “personal” accounts, staff and security etc, lazy part from politico.
  11. mervyn

    Politicians mispending taxpayer money

    Not yet, now hits the press, the party will do to avoid a scandal and attacks from New York Post. Anyway, NJ is one of the worst states on grafts.
  12. mervyn

    Politicians mispending taxpayer money

    in red, state dem party. so as I read it, Murphy bought the tickets using his official budget, the man asked for reimbursement from the party, presumably the guests are all democrats.
  13. mervyn

    Politicians mispending taxpayer money

    These are not technically taxpayers funds. It is campaign funds and party funds raised from the donors. Anyway, some officials get travel and entertainment budgets that they can dip into.
  14. mervyn

    trade idea: the good ol' long US10y bond, long S&P500

    true but we are talking about underlying 10 year bond auction, you pay at par and collecting 5% interest, not very exciting.
  15. mervyn

    trade idea: the good ol' long US10y bond, long S&P500

    you make money on directional trades, peanuts if hedge.
  16. mervyn

    Copperman on Trump and fiscal conservatism

    7.8 trillion debt increase under trump.
  17. mervyn

    trade idea: the good ol' long US10y bond, long S&P500

    buying call options on zn is a reasonable trade, buying underlying bond, not much.
  18. mervyn

    China´s President Xi Visits China´s Central Bank First Time Ever

    He writes that Hotel California being played by local band and Spanish avant-garde performers for hire as a sign of westernization and good progress, as if these are more culturally advace in his eyes, stuck in the 18th century under the Brititsh rules, when English must be taught. He is...
  19. mervyn

    China advanced chips regardless of US sanctions

    I was told the chip is not made by SIMC but its own shop formed in 2021, probably same toolset. https://www.huaweicentral.com/huawei-set-up-a-precision-manufacturing-company-for-600-million-yuan/
  20. mervyn

    Tesla 2023

    sell 10 put 165 this friday
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