JT @SummerlinJTLV
Las Vegas, Nevada Joined April 2013-
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When I was in California for the Nuggets game on Thursday, we stopped at Chipotle. The same double steak bowl I get for $17 in Nevada is now $39 in California. The new minimum wage law is insane. Not even the rich will be able to afford to eat out anymore. Thank you Gavin Newsom!
China creates more pollution than almost the entire world combined… and then profits by selling us unsustainable and poor quality batteries, electric cars and solar panels so we can “make a difference” to climate change. #BoycottChina
China creates more pollution than almost the entire world combined… and then profits by selling us unsustainable and poor quality batteries, electric cars and solar panels so we can “make a difference” to climate change. #BoycottChina
🚨 Hedge fund net leverage is at multi-year highs as they increase long exposure This adds to downside risks IF there is a further shift in momentum lower, as many would be tempted to exit longs that they took at higher prices
Door revolves. Nice/attached CEO out. Detached henchman/henchwoman in. Layoffs ensue. Offshoring as well. Throw some AI in for good measure. Slash costs. Report higher earnings. Board of Directors pat themselves on the back as share price rises. Wash. Rinse. Repeat.
Door revolves. Nice/attached CEO out. Detached henchman/henchwoman in. Layoffs ensue. Offshoring as well. Throw some AI in for good measure. Slash costs. Report higher earnings. Board of Directors pat themselves on the back as share price rises. Wash. Rinse. Repeat.
It’s striking how much Jake Sullivan’s diagnosis of America’s problems aligns with China’s view of the US: Overreliance on free trade and free markets, loss of industrial capacity, crumbling infrastructure, too much Wall Street.
It’s striking how much Jake Sullivan’s diagnosis of America’s problems aligns with China’s view of the US: Overreliance on free trade and free markets, loss of industrial capacity, crumbling infrastructure, too much Wall Street. https://t.co/tFpQHYewyc
No, Chinese spies aren’t “suddenly” popping up everywhere. They’ve always been there, and we’ve been too stupid to notice. The West simply shouldn’t allow any immigration from China or Russia. Suddenly, Chinese spies seem to be popping up all over Europe smh.com.au/world/asia/sud…
Oklahoma is currently experiencing a major nighttime tornado outbreak, with multiple violent, large tornadoes spawning. Reports of catastrophic damage are emerging, including people being trapped. This is exactly what I was worried about. My family members just sent me this photo…
🇨🇳#China's Hong Kong-based deep sea research ship Shen Kuo (prnewswire.com/apac/news-rele…), which carries the submersible Rainbow Fish, has been loitering off the 🇵🇭#Philippines' east coast & well within its exclusive economic zone for over 2 days.
Portugal’s President Marcelo Rebelo de Sousa has said the country should pay some form of reparations for its role in the slave trade. The new center-right government responded that it’s out of the question Slavery was banned in Portugal in 1761 & in Portuguese colonies in 1869
The Yen is in free-fall and markets wonder if there's a red line. There isn't. The red line that exists is on 10-year JGB yield, which can't rise as this would cause a fiscal crisis. Japan can't simultaneously stabilize Yen and cap yields. Japan's debt put it in a terrible place.
"We’re in such a strange, surreal world. It’s very unusual for the average U.S. household to be spending more to service their non-mortgage debt than they do to service the debt on their biggest asset on their home." #CharlesPayne #FBN hubs.ly/Q02vd8rC0
Horseshit...
Why is a foreign policy strategy of realism and balance of power actually *more* moral than a more idealistic approach? I laid out the argument in @firstthingsmag. 1/ firstthings.com/article/2022/1…
If the Chinese authorities allow USDCNY to go next week, we are probably talking about a move towards the 7.75-8.00 range. This could prove to be the macro event of 2024! How to position for it? -> stenoresearch.com/steno-signals-…
Biden adviser backs bill to counter China in Latin America on.ft.com/3UlPfJs
U.S. might ban DJI drones over security and human rights issues. yahoo.com/tech/forget-ti…
American flag REPLACED by Palestinian flag at Harvard.
The commander of US forces in the Indo-Pacific region has accused China of pursuing a “boiling frog” strategy, raising tensions in SCS region with increasingly dangerous military activity. When Admiral Aquilino has something to say, I always listen. ft.com/content/f926f5…
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China creates more pollution than almost the entire world combined… and then profits by selling us unsustainable and poor quality batteries, electric cars and solar panels so we can “make a difference” to climate change. #BoycottChina
A coal-fired power plant in China's Sichuan province. China now emits more CO2 than the entire developed world combined—completely cancelling out all the sacrifices you are being forced to make in the ludicrous pursuit of Net Zero.
I love hockey! Vegas energy is amazing!
🚨 Hedge fund net leverage is at multi-year highs as they increase long exposure This adds to downside risks IF there is a further shift in momentum lower, as many would be tempted to exit longs that they took at higher prices
Door revolves. Nice/attached CEO out. Detached henchman/henchwoman in. Layoffs ensue. Offshoring as well. Throw some AI in for good measure. Slash costs. Report higher earnings. Board of Directors pat themselves on the back as share price rises. Wash. Rinse. Repeat.
In the first quarter of 2024, 622 CEOs announced their departures, the highest quarterly total on record. It is up 49% from the 418 exits in the first quarter of last year, per Challenger
It’s striking how much Jake Sullivan’s diagnosis of America’s problems aligns with China’s view of the US: Overreliance on free trade and free markets, loss of industrial capacity, crumbling infrastructure, too much Wall Street.
I'm putting together a running list of key quotes from US, EU, and Chinese officials on competition between China and the West: high-capacity.com/p/us-eu-china-… It's still incomplete and will be updated further. I hope this might be a useful reference for others following these issues.…
No, Chinese spies aren’t “suddenly” popping up everywhere. They’ve always been there, and we’ve been too stupid to notice. The West simply shouldn’t allow any immigration from China or Russia. Suddenly, Chinese spies seem to be popping up all over Europe smh.com.au/world/asia/sud…
Oklahoma is currently experiencing a major nighttime tornado outbreak, with multiple violent, large tornadoes spawning. Reports of catastrophic damage are emerging, including people being trapped. This is exactly what I was worried about. My family members just sent me this photo…
🇨🇳#China's Hong Kong-based deep sea research ship Shen Kuo (prnewswire.com/apac/news-rele…), which carries the submersible Rainbow Fish, has been loitering off the 🇵🇭#Philippines' east coast & well within its exclusive economic zone for over 2 days.
Portugal’s President Marcelo Rebelo de Sousa has said the country should pay some form of reparations for its role in the slave trade. The new center-right government responded that it’s out of the question Slavery was banned in Portugal in 1761 & in Portuguese colonies in 1869
The Yen is in free-fall and markets wonder if there's a red line. There isn't. The red line that exists is on 10-year JGB yield, which can't rise as this would cause a fiscal crisis. Japan can't simultaneously stabilize Yen and cap yields. Japan's debt put it in a terrible place.
"We’re in such a strange, surreal world. It’s very unusual for the average U.S. household to be spending more to service their non-mortgage debt than they do to service the debt on their biggest asset on their home." #CharlesPayne #FBN hubs.ly/Q02vd8rC0
Horseshit...
The Ameican flag at Harvard University had been replaced with a Palestinian flag. Video via @sfmcguire79
Why is a foreign policy strategy of realism and balance of power actually *more* moral than a more idealistic approach? I laid out the argument in @firstthingsmag. 1/ firstthings.com/article/2022/1…
If the Chinese authorities allow USDCNY to go next week, we are probably talking about a move towards the 7.75-8.00 range. This could prove to be the macro event of 2024! How to position for it? -> stenoresearch.com/steno-signals-…
Biden adviser backs bill to counter China in Latin America on.ft.com/3UlPfJs
U.S. might ban DJI drones over security and human rights issues. yahoo.com/tech/forget-ti…
American flag REPLACED by Palestinian flag at Harvard.