Independent thinking for complex markets and current events
From the Financial Times:"The Treasury department issued $25bn of new 30-year bonds on Wednesday, with the high yield at auction reaching 5.046 per cent."#economy #markets #debt #bonds #ust @ft pic.twitter.com/mt4f5jR861 — Mohamed A. El-Erian (@elerianm) May 14, 2026 It’s never been easier in the US. Thanks to President Trump, the government is now paying 5% …
Day laborer organizers in California are lining up at Home Depot to buy a single 17-cent scraper, return it, and repeat the process in an effort to slow sales and protest the store’s cooperation with ICE operations. Day laborer organizers in California are lining up at Home Depot to buy a single 17-cent scraper, return …
Some kid dropped $14M on betting there’d be a huge spike in volatility by mid February. Bought VIX calls early January, $14M worth. He could’ve closed last week for at least 100% return, from what I saw. Whether he did or not, I don’t know. h/t Dank-but-true