ELON TUSK IS GOD

[Tellafriend]

Embedded Tweet

https://twitter.com/MauiBoyMacro/status/1963240079658561889


i'm tired, too tired to read it, but i likely don't need to as it involves Commercial Real Estate. amirite?


they been hiding those losses on the books. that subject had gotten quite again hadn't it?


that or all the long term treasuries many large banks were "encouraged" to buy last go around to prop things up nice and easy; but now fhey are terribly underwater on them and were they to face a run -- silicon valley bank style --- we are in 2008 again but on steroids and no rainy day fund to bail us out.


EOT

[Tellafriend]

Embedded Tweet

https://twitter.com/MauiBoyMacro/status/1963240079658561889


i'm tired, too tired to read it, but i likely don't need to as it involves Commercial Real Estate. amirite?


they been hiding those losses on the books. that subject had gotten quite again hadn't it?


that or all the long term treasuries many large banks were "encouraged" to buy last go around to prop things up nice and easy; but now fhey are terribly underwater on them and were they to face a run -- silicon valley bank style --- we are in 2008 again but on steroids and no rainy day fund to bail us out.


EOT

the last sentence .....

Embedded Tweet

https://twitter.com/StealthQE4/status/1963429641617605060

[sonatine]

Embedded Tweet

https://twitter.com/MauiBoyMacro/status/1963240079658561889


i'm tired, too tired to read it, but i likely don't need to as it involves Commercial Real Estate. amirite?


they been hiding those losses on the books. that subject had gotten quite again hadn't it?


that or all the long term treasuries many large banks were "encouraged" to buy last go around to prop things up nice and easy; but now fhey are terribly underwater on them and were they to face a run -- silicon valley bank style --- we are in 2008 again but on steroids and no rainy day fund to bail us out.


EOT

the last sentence .....

Embedded Tweet

https://twitter.com/StealthQE4/status/1963429641617605060

*disassociates*

[sonatine]

President Donald Trump's administration said on Wednesday it was "very troubled" by the divestment by Norway's $2 trillion wealth fund from U.S. construction equipment group Caterpillar , adding Washington was directly engaging with the Norwegian government on the issue.


the future is this over and over and over again like one of those infinite mirrors.

[Tellafriend]

Broadcom
$324.20
.
+$3.71 (+1.23%)Today
+$18.10 (+5.91%)Overnight



this must be their new 10% customer.

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https://twitter.com/gurgavin/status/1963762350504259980


if you bought back in 2024 when i recommended you would be up roughly 130%.

not too bad for a dividend meiser.

[sonatine]

LEGEND ALERT

[sonatine]

United States housing data shows home sellers now exceed buyers by over 500,000, the largest imbalance ever recorded, per Redfin.

[lol wow]

got my console delivered i think its hideous but well have that conversation on twitter it was like flight to italy expensive

[Sanlmar]

[Tellafriend]

Embedded Tweet

https://twitter.com/WSB_memes/status/1964380940546761025

[Sanlmar]

While fishing around Vertiv (heart emoji) I stumbled on this

Joined by Interim CFO Patrick Goris at Morgan Stanley’s 13th Annual Laguna Conference, Gitlin described a sharp downturn in Carrier’s (NYSE:CARR) North American residential business, projecting third-quarter volumes down more than 40%, due to a combination of weakening consumer demand and aggressive distributor inventory reductions. Carrier (NYSE:CARR) now expects third-quarter residential HVAC sales in the region to fall approximately 30% year-over-year, with a $500 million revenue shortfall relative to previous expectations.

The company is seeing the weakest industry third-quarter volume in over a decade, Gitlin said. “The combination of high interest rates and pressure on the consumer are increasingly weighing on consumer spending, including on new and existing home sales, leading to delayed residential HVAC activity.”

That shit don’t lie. Stunned

I love this line. “Data Centers convert natural gas into data”.

Work directive today

[Tellafriend]

Embedded Tweet

https://twitter.com/charliebilello/status/1966245241834590217

[sonatine]

palantir short, jan 16 2026 expiration

[Tellafriend]

interesting interview (to me) but the last 2 minutes is where the meat is at:

Embedded Tweet

https://twitter.com/FloodCapital/status/1966255163079012383





full disclosure: i hold GLXY

[sonatine]

Embedded Tweet

https://twitter.com/MacroEdgeRes/status/1966706508957102122


these are the people sleeping under desks to make sure elon gets his 1 trillion dollar pay package.

[Sanlmar]

Embedded Tweet

https://twitter.com/charliebilello/status/1966245241834590217

I have a riff that claims when everything is a bubble there is no bubble. Think housing crisis. That was a singular bubble. The dot.com bubble - the same. This is different

It’s part of the riddle above but for now just consider the following on its own.
price everything in gold and reflect. Price your parents home bought in the 1970’s in gold and sold now in gold and ask if any real wealth was created. The answer likely is they are flat on the transaction.

I’m winding up my wagering …. I’ll post it and offer a great pod later

The MAG7 is perverse and legislation will likely be written one day to prevent such huge exposure to so few in standard 401k vehicles.… I get it. But for now

The M2 movement

[Sanlmar]

Embedded Tweet

https://twitter.com/charliebilello/status/1966245241834590217

This dude left some things off

The price of
Electricity
Steak
Rent
Medical care
College
COFFEE

… everything in life has never been more expensive. Relative to everything else the market is not in a bubble. The problem is the dollar. (The M2)

I know I come off as a gold nut but over the long haul gold has remained stable. Thousands of years, in fact. As measured in crummy dollars gold has been rising. I’m trying to hold onto my purchasing power is all.

We know why the dollar is a piece of shit now.

Go to PricedInGold.com. Peruse the list on the right side. Pick an item - college or coffee. Wonder at how flat the prices for commodities are as measured in something other than dollars.

Your parents house. Gold was $35/oz then. Gold is $3500/oz now. Your parents house really didn’t increase in value. The dollar decreased.

Interest rates about to fall and that will exasperate the mess

[Sanlmar]

If you’re a kid with a job trying to get established good luck. If you’re a billionaire with assets … well, you’ll have a nice ballroom to dance in with the other elite

J6 rush the ballroom kids

[Sanlmar]

@Tella

I sent you a DM and I never DM people. I just don’t want Druff to lose any casuals to suicide. I’m thoughtful

[sonatine]

Nvidia is now worth more than Canada