Eddy Elfenbein @EddyElfenbein
ETF Manager -- Substack cws.substack.com Washington, DC Joined May 2009-
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Eddy Elfenbein retweeted
@MAstronomers Approaching the Moon, captured by an Apollo 12 astronaut.
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I could be bounded in a nutshell, and count myself a king of infinite space, were it not that I have bad dreams.
Eddy Elfenbein retweeted
My kind of meme.
Investors brace for 5% Treasury yields as US inflation worries mount reuters.com/markets/us/inv…
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2% wsj.com/economy/centra…
Here's today's newsletter: cws.substack.com/p/cws-market-r…
People talk about the Federal Reserve's independence as if it were a sacred constitutional principle. It's not. The Fed is not a separate branch of government . It was made by Congress and it should do the people's bidding. For most of our history, we never had the Fed.
This WSJ article about Trump limiting the Fed's authority is very alarmist. Basically, some people said some stuff and that stuff may not be legal or even official policy. wsj.com/economy/centra…
I'm going to send out the latest newsletter in about 90 minutes. I went long this week. You can sign up for my Substack here: cws.substack.com/subscribe
I was impressed by these numbers from Alphabet. I didn't think they had it in then.
Annualized Real GDP Growth per Capita 50s: 2.53% 60s: 3.06% 70s: 2.19% 80s: 2.14% 90s: 2.10% 00s: 0.83% 10s: 1.58% 20s: 1.61% (so far) fred.stlouisfed.org/series/A939RX0…
US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns bloomberg.com/news/articles/…
GDP increased at a 1.6% rate in the first quarter, less than expected cnbc.com/2024/04/25/gdp…
Swear words in Taylor Swift albums reddit.com/r/dataisbeauti…
Preview of the Nasdaq's opening tomorrow.
Free online birthday reminder service
What people don't understand is that Tesla created $55 billion in real value over the last nine hours.
Compound Interest
Eddy Elfenbein retweeted
@EddyElfenbein Elon is a laser pointer in a world full of cats.
The Nasdaq is up 130 points this morning. That's like taking a 3-0 lead in a playoff hockey game. It's pretty much over.
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@EddyElfenbein I could have loved you, girl, like a planet. I could have chained your heart to a star.
If you’re not willing to put the time into investing in individual stocks, buy $qqq / $spy or $cws. Benefit with $CWS is you get Bill Shakespeare tweets, amongst others, from its manager.
I could be bounded in a nutshell, and count myself a king of infinite space, were it not that I have bad dreams.
@EddyElfenbein @DiscernedEd That was my brother Louie
@oneunderscore__ I’m glad there’s at least one reliable news source left. 👍🏼
@EddyElfenbein It was my opinion all along: Google is fine. These AI craze is meaningless
@EddyElfenbein This joke is going on IX earning now.
@EddyElfenbein But ... the alphabet doesn't have any numbers ... (ducks)
@EddyElfenbein Read the fine print, Eddy, there’s a $20,000 consulting fee.
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