OK, a few notes — and some eyeball econometrics — on why some of us are very happy about today's JOLTS report 1/
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“Washington has engaged in a long-term debt spree & been fortunate to be bailed out by low interest rates…But the Treasury never locked in those low rates long term & now rising rates may collide with that escalating debt with horribly expensive results” https://t.co/LHjcehzGF3
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$MSFT: is it me or has LinkedIn become an inappropriate place for marketing ideas that are really not relevant to what I signed up for? @satyanadella
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As you can tell, Bosa loved meeting some of our new students! @QueensCam @Cambridge_Uni @YoursCambridge #Cambridge #dogsoftwitter https://t.co/7FpAZzPM8d
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We've had four back-to-back-to-back 2%+ gains for the S&P since 1953: 5/29/70 10/10/74 8/3/84 8/8/02
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Yes, one month's data, don't count your chickens etc. But this was the best economic news I've seen for a long time 8/
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“The sudden and dramatic plunge in the August job openings will move the Fed, if it persists. Similar reports for the next two months make 125bp of tightening by year-end very unlikely:” @PantheonMacro
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"A San Diego homebuyer w/ a $3k monthly budget can afford a 931-square-foot home @ today’s 6.7% mortgage rate. That’s down from the 1,366-square-ft home the same buyer could have purchased a yr ago, when rates were sitting near record lows @ 3%." - Redfin https://t.co/fVHcIFMRYA
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Big drop for the dollar today, down 1.25% for its 5th straight decline. Has round-tripped its post-September FOMC spike and is back to where it was on 9/6. The S&P $SPY is still 2.8% below where it was trading just before 2 PM ET on the 9/21 Fed Day. https://t.co/2LMkHUyQJg
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AWESOME to see @Jackaroo_Trades back on the front-page of Insider as his story is goin g virallllll https://t.co/d8EQJIWYav and you should get inspired to see what's possible if you learn to trade extreme volatility, both long SND short!
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Here's the puzzle: the unemployment rate is currently about what it was on the eve of the pandemic, but underlying inflation, by whatever measure you choose, is much higher than it was then 2/
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The Twitter debt package is the largest in a roughly $51 billion pipeline of risky committed financings that banks need to sell: DB research. It threatens to fuel a wider fallout in credit markets at a time when new issues have come to a virtual standstill https://t.co/xqpmBDaynB
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I am laying it out all for you! Starting October 17th, I am going back down to 10k in my Stock Trading account. I am going to Live Stream every trade and commentate where I am buying and selling. As someone who has made millions in the Stock Market, I am going to show you...
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Not a bid in sight last week not a seller in sight this week.
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