5y cleared 4.845%, 0.4bp tail, bid-to-cover 2.33 vs 2.21 in september. buyers took $70bn at 19bp less than last month, the day before the fed, and barely blinked
central italy's white-beef consortium certified 16,170 head in 2025, roughly 40 fiorentine each, and that's chianina plus two other breeds. its own verdict: far too few for every italian menu claiming them. the steak is a cut. the breed is on the honor system.
he is better at this game than people think. george noble went on a podcast to say he's short the neoclouds. elon told 241M followers lenders are shut to them, and when they fold he's the one who can buy the gpus
Pretty much.
As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn’t have substantial revenue independent of AI data centers.
SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue.
That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.
ShadowPro retweeted
Some days you just see an internal demo that blows your mind and you can't unsee.
I can tell you that AI won't look the same in the future. Things are going to get far more alien and bio-like.
Won't say more for now. – at Waltham, MA
ewz -27% premarket, on track for its worst day in 26 years (wsj 6:38am et). real futures -10% overnight on cme. one election flipped the fiscal path and brazil reprices its debt risk in a single session. us 10y closed fri at 5.00% on the same question, in slow motion
us debt is $40.4T (treasury, oct 22). the doom math adds up. the ending keeps not showing up, because somebody is always forced to hold the paper. banks count it as level 1 liquidity, repo runs on it as collateral. this account follows the forced buyers. doomers welcome
Mike, Full port Elon is rational. As you see from the TL tonight, a bet with a competitor of Elon is a bet against Elon. Do you wana bet against Elon? I think this will be rationale that a lot of investors engage and it becomes reflexive. Pot odds are Elon has read Alchemy of Finance cover to cover and has figured out to apply the best parts.
futures at friday's close have wednesday 89.7% hold, 10.3% for 25bp. nobody's pricing an emergency 50. december is 75.6% hike, so all warsh can move at 2:30 is december
this happens with every leapfrog in tech
.@jayleno says the middle of the consumer market is disappearing, from cars to hotels to restaurants.
"The middle is dead."
"I see Porsche moving upscale and they want to be like Ferrari."
"Everything is that way now. With hotels, you're either at the Motel 6 or the Four Seasons."
"Restaurants are either fast food or top end restaurant."
"We have no middle class anymore."
The data corpus $OPEN is building around housing is interesting to me.
Very obviously, you are wrong. We have massive amounts of data that ownerhship - like the literal act of ownership - makes families better off, makes neighborhoods safer, and increases lifetime outcomes for children.
Home is not just a financial asset like a bond or a stock. It has broader societal implications.
Considering what happened in rates today, this is pretty scary...
We are approximately 24 hours away from the precious end of the worst retrograde in astrology: Pluto's retrograde!
The most painful, fearsome and deadly retrograde is soon to end as God's cosmic law ordains that Satan must release.
Whatever the worst thing in your life is I'm certain that it's connected to Pluto's retrograde in Aquarius.
Congratulations to those who have survived and navigated in a state of spiritual honor, you are soon to go much higher!
May God's light enter all wounds,
Astrologer Salvador Russo
"Sal"
