Lyn Alden

The protagonist that fled both the Mayans and Europeans into the deep forest likely lived out his life with his family. -The Mayans and Aztecs were nuts. -The Spaniards (mid-Inquisition) who arrived were also nuts, and had Smallpox too.

https://t.co/Aurku99h6T

We have above-target inflation, slow job growth, and record-low consumer sentiment. https://t.co/leXXCJileq

@scott2225983729 @ianbremmer Low Congress compensation means only ideologues, inside-traders, and reputation-maxxers get the job. Banning inside-traders leaves the rest. Sufficient compensation in line with private sector executive and board-level norms, combined with strict trading/investing limits, means it's that proper governance is viable path for professionals to seek and optimize for. And only ones that are willing to give up a certain amount of personal financial autonomy as they seek to do their public jobs well.

These days, the dollar is supported less by the US Navy, and more by all the crossborder dollar-denominated debt outstanding. But the real punchline is that it's also the source of the US structural trade deficits and industrial stagnation.

Every once in a while, the BOJ puts the fear of god into over-eager yen bears by reminding them that it has a metric gigaton of reserve firepower. https://t.co/eIUqeJsch7

Didn't even hear about it. A movie not even earning 1% of its budget back is so hard to do that it almost has to be on purpose.

Bessent’s resting face while interviewers ask their questions is certainly one to study. Makes me feel like I got to up my resting face game to whatever level this is. https://t.co/P5zJ8bM3dC

Nothing stops this train.

This is partially a symptom of fiscal dominance. Rate hikes pushed up federal interest expense rather than corporate interest expense.

Should’ve let them merge. Neither of them is one of the big four U.S. airlines anyway.

Interesting that Japan has more strategic petroleum reserves than all of Europe. https://t.co/HwIXi4qMWB Seems like it's always Europe that gets caught offsides on anything energy-related.

@Rainmaker1973 Khufu: “It’s like… a giant guy doing yoga in the sky, you know?” Nefertiti: “Man, you trippin.”

In the Stormlight Archives, there is a character (a king) who magically wakes up each day with a random intelligence level. His caretakers test him in the morning to determine whether he’s capable of leading his country that day or is basically just given crayons.

@chigrl https://t.co/b9hoM2bdqv

@craigwarmke @DavidZell_ @L0laL33tz I wrote about it at the time on Nostr, actually. https://t.co/txliLxwb52 https://t.co/DLIlm7Be0T

After less than a year, it’s the largest preferred in the world.

A year and a half ago, the FICO score company was trading at 95x earnings. 😂 https://t.co/n4JcWCAaZO

Rephrased: US banks are facing unrealized losses of $300B, down from $700B in 2023. For context, those US banks have around $25,000B in assets and $2,600B in equity capital. Probably going to do this once a year as long as it keeps coming up. Here was last year's: https://t.co/V2jdM5dtAB Narrator: Most banks were indeed fine. https://t.co/aSY9xWP5Gc

A lot of this seems preemptive, given UAE’s large existing FX reserves. Using a swap line for a bit to help maintain the currency peg would be seen as less disruptive than trimming reserves.

https://t.co/GEk5gMgsXH

@SEC_digger I followed an account with very low followers today because their reply was concise and accurate. There's a decent chance I'd amplify their work in the future. But this type of back-and-forth, like combative high-schoolers, wastes my time, and so I don't see the benefit.

@SEC_digger If your answer is "You know what, I responded quickly from Farley's tweet, then avoided your question for a bit and started digging into the interview afterward, but here's my view on your actual question", I'd respect that and would likely follow your account.

There are certain folks I follow for their niche speciality analysis on oil, on certain tech areas, etc. @rcwhalen is one of my favorite follows on banks. https://t.co/jknkXIqieJ He points out $200B in risk to banks, rounds up to $500B when broadening it to further commitments. For context that’s only 1-2% of bank assets and 10-20% of bank capital.

The chess version of this scene: https://t.co/nKLfm3WQ8c

Good piece on the topic of structural deflation:

https://t.co/2oV2WHwjko

These are tiny numbers as a proportion of their total assets.

That moment you realize you’re older than Tony Soprano.

Brutal headline.