Michael Green (@profplum99) started following @NomadicSamuel on Sep 25, 2024

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

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

Wouldn’t that be a pisser? https://t.co/hkE365fDT5

RT @DanBuk4: .@MCSammon19 How Are Passive Investors Affecting The Stock Market? @RationalRemind https://t.co/ldh4lqjzAa @profplum99 @Gestal…

RT @dampedspring: Hey. Here is the podcast hosted by @profplum99 and @ConvexityMaven where @jam_croissant and I discuss market structure an…

RT @Hedgeye: A Masterclass on Modern Market Structure: Inside Options, Flows & Volatility 🔥 The entire @t1alpha team (co-founders Craig Pe…

I love Stan. I really do. But this falls into the “things I remember that never happened” category. Inflation peaked at 9% in July 2022 after the Fed had hiked 3x, the last by 75bps. https://t.co/pHqQhmMznV

My first year analyst needs some help… https://t.co/N42dwwc6wv

Wait... there are ISSUES?

Many point to global trade, but this is not totally accurate. The 1970s policy of U.S. de-industrialization (high rates, Clean Air Act, ending nuclear/stagnating energy) drove US industrial supply offshore. The U.S. south A mistaken calculation on China sealed the deal… and https://t.co/r3cVjoBleD

Agree. All work and no play make Jack a dull boy… take a moment to revel in the written word

I love the humility. I don’t know either, but note the (possibly too?) obvious distribution on semis and commodity breakdown as the bear https://t.co/5clfr0ScRj