Michael Green (@profplum99) unfollowed @SteveMiran on Sep 21, 2024

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