Michael Green (@profplum99) started following @AustinWhittRE on Oct 2, 2024

RT @VladTheInflator: How much propaganda is needed to convince poor people that lower prices are bad for them

Should be illegal…

This is supposed to be bold font This is not Any difference?

Doubt the yelling stopped when the missiles flew…

Somebody liked this? Insane. Options reference forward prices which embeds the price of the borrow. Do you think option market makers are stupid? They are not…

Good question!

"Corporate profits were sharply revised up by $288.5 billion, or 8.9%, in 2023. Companies have enjoyed greater pricing power amid rising inflation. That together with upgrades to net interest, thanks to higher interest rates, and proprietors' income blunted the impact of a

RT @SimplifyAsstMgt: Adding hedges to a portfolio can be expensive, but is there a hedge you get "paid to own"? In this Fund Insights post,…

I obviously disagree with some aspects of this statement, but also strongly agree that you should not buy active ETFs with the sole objective of outperforming the risk-adjusted S&P500. It's not exactly the same pattern, but the same end result would be obtained by shorting the https://t.co/ZF6C92Rypu

“NEOM isnt cheap!” Neither was Versailles…

Interesting divergence between Vanguard strategists and Vanguard investors on long-term returns to equities: https://t.co/mv1haWc1aj

Area man notes that single tweet fails to capture nuanced history of the United States

America really was nothing. A strip of relatively infertile, coastal territory, governed informally from afar with hostile native and foreign competitors. Attempts at limited government failed miserably, requiring a radical rewrite of the original organizing documents within https://t.co/PCyTyDZg3E

A surprisingly demure headline… https://t.co/2rBn6NGVxF

AI & Tech & Growth policies? Oh my… while US mkt cap has outperformed ROW, it’s (1) not nearly as extreme as MSCI charts suggest, (2) not tied to the yen carry trade, and (3) unlikely to reverse until flow mechanism changes. https://t.co/4QMxIZ8iJu

Richmond Fed employment expectations well below zero is confirming. In GFC territory. But claims… 🤔 https://t.co/2Ht8Sc0ycM

“If you miss a payment or default on your loan from a 401(k), it won't impact your credit score because defaulted loans are not reported to credit bureaus.”

2001 they ignored Challenger layoffs… today the same. @MacroEdgeRes has been way ahead of the game using different methodology. https://t.co/0RlXxdrrlh

I'd add "The Education of a Speculator"... if only for the masterful interpretation of Hemingway via the yen

No = "now"

Context is important... agree we'll get an inflationary bounce, but it will largely be due to residual seasonality. Prices rise. We do not have enough history in SP PMI's, but same pattern in ISM (GDP wtd between mfg & svcs) suggests this is not the concern. https://t.co/Cp12Z4KQzy

Admittedly, there is no significant seasonality in a series that historically did not have it and we are near seasonal peaks... but we are FINALLY at levels where home price gains have historically slowed. IF it continues, then we can worry about worse outcomes. https://t.co/QVb1P2Tl7v

It's an interesting scenario. Real GDP returns to peak while GDP per worker remains below 2011 levels. All of the gains have been a result of more working in the population -- well above pre-GFC levels. Italy remains well below US share and both pale in comparison to Japan which https://t.co/uL2nCbU2Gh

We've got a series of "can't miss" speakers and we've overflowed the NYSE venue. Register to watch live!

RT @wbmosler: Well stated!!!

“More houses per capital than ever before” What could be the driver? When they started tracking the data, ~80% of households were married families… today less than 50%… https://t.co/CzKIb6aTB6

"People all the way up to $200K are challenged..." The noose tightens... one of these two is wrong and subject to central planning whims, the other is verifiable https://t.co/rDNP6xQ1ns

RT @WallStreetSilv: The choice is clear ... which way are you going? https://t.co/Mhlw5Xg5s6

A candidate who is winning could just coast to victory. Kamala is losing. She is losing so badly that her handlers do not think they can steal it. No more debates!

Care to speculate on the value of assets in China? Beijing to freeze properties of 9 US firms in China | NHK WORLD-JAPAN News https://t.co/BWs25MkIsN

Toughest PM in the game

As light is shone on the tax avoidance, you still think this trend will persist? https://t.co/yaMYlkUEXQ

RT @NomadicSamuel: The welcoming committee is ready! 💫 https://t.co/1y5uryYF7Z

Back to Buenos Aires to feast and then home to Canada for the summer. 🇦🇷🇨🇦 Watch ya'll up to ⁉️ https://t.co/CCxqlV9B8m

But it's so simple. All I have to do is divine it from what I know of you. Are you the sort of man who would put the poison into his own goblet or his enemies? https://t.co/JE2ivBQp86

Great chart… lots of debate about next 18m, zero debate about terminal

Do your own thinking indeed! “All stocks would move in lockstep as one passive investor buys from / sells to another.” @MarkGutman9 then they cannot be passive. You are describing “systematic algorithmic investors” with the world’s simplest algorithm, “Did you give me cash? https://t.co/7giuYNeb6D

“We’re gonna keep calling Rob Arnott and Cliff Asness passive, because honestly, they’ve largely stood by and behaved as such” More GIGO from Bloomberg on passive