Award-winning writer of @TKerLLC, the newsletter about how the stock market usually goes up. 35k+ subs. Long-term optimist. Short-term cautious optimist.
New York, NY
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Incredible. 25 yo pizza delivery man runs into burning house, saves four children who tell him another might be in the house. He goes back in, finds the girl, jumps out a window with her, and carries her to a cop who captures the moment on his bodycam people.com/human-interest/inβ¦
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hereβs a pretty clear 1-minute articulation of what AI apps like ChatGPT is about to bring us. see yβall in hell.
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this is this most dystopic shit Iβve heard in a long time
NEW ODD LOTS:
How Corporations Learned The Maximum Amount They Can Charge For A Product
@tracyalloway and spoke with @ddayen and @owenslindsay1, who have published a special new edition of @TheProspect entirely about the new world of pricing strategies bloomberg.com/news/articles/β¦
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weβre probably close to that point stuff starts blowing up. some hedge fund or some entity we never heard of that was leveraged to something in the markets
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This is literally the craziest thing Iβve read in my whole life and itβs not even close scientificamerican.com/articβ¦
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this is bad press for the gym for at least two reasons
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ββ¦You wanna ask for the fries βanimal style.β Itβs not on the menu, but trust me theyβll know and youβll love itβ¦β
I was glad to welcome President Xi Jinping to California for his meeting with @POTUS andΒ APEC Economic Leaders Week.
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How this millennial couple finally moved out of their parentsβ house with no debt and $30 million bit.ly/2N99UPp
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there are now more recipes than there are ingredients
As the tally of ETFs eclipses the total number of publicly traded stocks for the first time, financial advisers and investors are getting overwhelmed by a deluge of choice bloomberg.com/news/articles/β¦
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"Once inflation is above 5% in advanced economies, it takes on average 10 years to drop to 2%" - BofA
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"Son, I got a new job, mom got a raise, we have more cash in the bank, gas prices are falling, my 401k is up, your 529 is up, and my company is expanding thanks to growing profits. BUT we're not going to Disney World because the yield curve is inverted." - nobody
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Fresh and dry vegetables +38.9%
PPI for final demand advances 0.9% in July; services rise 1.1%, goods increase 0.7% bls.gov/news.release/ppi.nr0β¦ #PPI #BLSdata
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After its worst quarter for sales since 2005, GameStop is enjoying its best quarter for raising money. sherwood.news/markets/gamestβ¦
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Berkshire has $145 billion in cash.
Buffett is seeking out βelephant-sizedβ acquisitions.
According to the internet, there are about 400,000 elephants in the world and theyβre worth up to $60,000 each. Thatβs about $24 billion of elephants.
Not sure where Iβm going with this.
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of all the AmEx platinum benefits I get, airport lounge access might be the dumbest. at any given moment, 97% of the seats in an airport are unoccupied. charging stations everywhere. the food is always better outside. not gonna wait 30 minutes in line for free chicken cacciatore and quinoa salad
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The richest 1% may emit 30 times more CO2 emissions than the poorest 50% - @Oxfam via Deutsche Bank
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Peak of his career, Ben Wallace was averaging 15 rebounds and 4 blocks a game. Great pick.
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the first ad you see inside the cover of American Airlines in flight magazine. +8% is red
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kinda crazy how Buffett, Dimon, and Bezos made zero progress when they looked into fixing health care
"Government is the only one that can change it" - Buffett
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π GOLDMAN: "We estimate the S&P 500 will deliver an annualized nominal total return of 3% during the next 10 years (7th percentile since 1930) and roughly 1% on a real basis."
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Sam Ro π
me after checking my 401k nitter.app/TreyStation5/status/14β¦
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me after dinner at Maggianoβs
β @GiorgiaMeloni Γ© un leader e una persona fantasticaβ: nuove parole di apprezzamento da parte di Donald #Trump verso la premier italiana, in occasione del suono della campanella sul Floor del New York Stock Exchange. Il video della corrispondete da New York di Class CNBC, Stefania Spatti (@sspatti)
@NYSE @realDonaldTrump
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we should only provide financial incentives for bad news
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First Lady Melania Trump kisses Canada's Prime Minister Justin Trudeau next to the U.S. President Donald Trump during the family photo with invited guests at the G7 summit in Biarritz, France, August 25, 2019. (REUTERS/Carlos Barria)
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April retail sales by category:
Clothing -78.8%
Electronics -60.6%
Furniture -58.7%
Sporting goods -38.0%
Restaurants, bars -29.5%
Dept stores -28.9%
Health -15.2%
Grocery -13.2%
Online +8.4%
JUST IN: Retail sales fell 16.4% in April (-12.0% expected). Excluding autos and gas, sales fell 16.2% (-7.6% expected). yhoo.it/3bAvlC0 by @heidi_chung
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This app will send you alerts when Donald Trump tweets about stocks you own yhoo.it/2hUBGfU
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.@serwer followed up re that photo of Jay Powell at the Dead & Co show last week and π€―π€―π€―π€―π€― barrons.com/amp/articles/fedβ¦
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Yesteday, Chipotle announced it's adding 15,000 jobs. Today, Boeing said it's adding 10,000 jobs.
Anyone got a running list of companies hiring?
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how the stock market works nitter.app/JoaquimCampa/status/14β¦
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Guy does a running blindside double-leg dropkick on 71-year-old @Schwarzenegger, and Schwarzenegger barely loses his footing yhoo.it/2Ei0sok
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π
Desperately coining new Mexican-flavoured market acronyms in an attempt to go viral on.ft.com/3Hc1G7N
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Iβm not crazy about βItalexit.β But iβm down for βItaleaveβ or βQuitaly.β We need to get this sorted out right away. bit.ly/2xvp6Rc
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Day in the life of a $META employee when the stock falls 25%
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"...there has been no supply response from US producers - their capex as % of operating cash flow has plummeted to just 30% (vs. 80-100% in 2011-16), a record low. Expectations for demand destruction have weighed on oil recently..." - BofA
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all that stuff sucked
Boomers, Gen Xers and elder millennials are now the last people who remember what it was like to use a pay phone, a paper map, a typewriter, etc. β and they're being rapidly outnumbered by younger adults who don't. trib.al/4O3V1W6
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"We Estimate $250-500 mn in Medical Costs Attributable to Pickleball in 2023" - UBS
Healthcare companies look at these pickleball charts and see dollar signs
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"The most popular hedge fund long positions have suffered their worst 12-month return relative to the S&P 500 on recordβ - Goldman
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"P/Es today are a full standard deviation lower than in the late 90s. On a FCF basis, the S&P 500 is 2 standard deviations cheaper." - UBS
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Goldman on bear market rallies:
"Between September and December 2008, the S&P 500 experienced six distinct 1-6 trading day bounces of 9% or more, with some rallies as large as 19%. However, the actual market bottom did not occur until March 2009."
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Increased sausage demand could be worrying signal on the economy cnbc.com/2024/08/26/increaseβ¦
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Forbes estimates Wilbur Ross allegedly stole more than $120,000,000.00
If even half of the accusations are legitimate, Wilbur Ross, the current United States secretary of commerce, could rank among the biggest grifters in American history: forbes.com/sites/danalexandeβ¦
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Camping World
