Independent thinking for complex markets and current events
Paul Tudor Jones says the US is more dependent on equity prices than ever, and explains what a 35% correction would trigger in the economy: “We’re 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%. If you think about the periodicity of significant …
“SAM STOLE A PICASSO”: Musk takes the stand in SF trial of the century Lawyers tell jury: “Altman stole a non-profit museum and sold the art”… Opening statements: $134 billion in damages sought to be returned to “charity”… Altman’s defense: “This is a baseless and jealous bid to derail a competitor”… Judge warns Musk over …
We gradually transitioned from a democratic welfare state to full-on race communism between the 1960s and today for two reasons: 1. The beneficiaries of our race laws went from 10 percent of the population to a majority in places like NYC and soon a majority nationally. 2. We… https://t.co/o90suw73Us — Helen Andrews (@herandrews) April 8, …
The 2008 parallels aren’t subtle anymore. Let me lay them out: ✓ Credit bubble reversing ✓ Shadow banks gating investor redemptions ✓ Forced asset sales to raise cash ✓ Collateral getting marked down (JP Morgan just did this) ✓ Oil shock driving prices toward $100 ✓ Central bankers focused on inflation, the wrong risk ✓ …
via Mike Maharrey Rule changes announced by Indian regulators could further boost demand for precious metals in the country. India ranks as the world’s second-largest gold market behind China. It is also one of the top silver-consuming nations. Under the new regulations announced by the Securities and Exchange Board of India (SEBI), equity funds can …
The private equity complex is in the midst of a pretty nasty crash Current drawdowns from the highs: Carlyle -25%Apollo -39%Ares -42%Blackstone -43%KKR -44%Blue Owl -61% pic.twitter.com/MAlfqClMNw — Ben Carlson (@awealthofcs) March 4, 2026 Per Grok: Drawdown here means the % decline in these public firms’ stock prices from their all-time highs (Nov 2024) to …
This is a four minute video but worth watching. It describes how there are now more “private equity” funds in the US than McDonalds. Essentially, these private equity funds are buying up businesses and trading them back and forth with each other at ever increasing prices. While they do this they collect funds from investors …
“Just spoke with a couple of MDs at a large institutional private equity fund They still believe that Claude is a fad and it will take decades before any real companies adopt them Currently only subscribed to a ChatGPT corporate account at work Mentioned multiple times that absolutely nothing has changed about their workflow since …
Hundreds of private equity firms are sitting on portfolios that nobody wants to buy and the flood of competition is making it worse. Their investors are fed up. This isn’t speculation. The capital is out there, but it’s not going into overpriced, illiquid assets. PE firms thought they could paper over risk forever. They can’t. …
Our entire market and economy is a house of card of debts — ZeroSumTruths (@ZeroSumTruths) January 26, 2026 Meanwhile: TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI. …
Mark proves that fundamentals don’t always matter. pic.twitter.com/vcBbs38zX3 — The Great Martis (@great_martis) January 19, 2026 US fund inflows are skyrocketing: US equity ETFs have attracted a record +$400 billion over the last 3 months. Inflows have doubled since August 2025 and now exceed the April 2021 high by +$177 billion. January inflows into these …
Active fund managers are struggling: Investors are on track to withdraw a record -$605 billion from global active equity funds this year. This surpasses the previous record of -$450 billion. It also marks the 10th annual outflow over the last 11 years. Over this period,… pic.twitter.com/JAl5INZSPy — The Kobeissi Letter (@KobeissiLetter) December 21, 2025
I’ve been seeing a massive uptick in ads and articles lately pitching Private Equity and Private Credit to everyday retail investors. The narrative is always the same: the brokers claim they want to give us access to the same high returns that endowments and the ultra-wealthy have enjoyed for years. But I’ve been digging into …
Economy going to be so good but we gotta keep cutting rates https://t.co/Ah1mWdIOjh — TT3 (@TradingThomas3) December 5, 2025 Kevin Hassett, head of the National Economic Council, argues a wave of new factory construction and reshoring projects is building “massive momentum” for the U.S. economy into next year. He points to dozens of recent factory …
(CNN) — Hourly Walgreens employees will no longer receive paid time off for six major holidays, including Thanksgiving and Christmas, according to reporting from CNN. The change comes about a month after the pharmacy giant was acquired by private equity firm Sycamore Partners. It follows recent workforce reductions — Walgreens announced last month it was …
“Patients are more likely to fall, get new infections, or experience other forms of harm during their stay in a hospital after it is acquired by a private equity firm.” https://hms.harvard.edu/news/what-happens-when-private-equity-takes-over-hospital “After private-equity firms acquire hospitals, the facilities’ assets and resources diminish significantly, leaving the facilities less equipped to care for patients.” https://www.nbcnews.com/investigations/private-equity-takes-over-hospitals-less-able-care-patients-jama-rcna164497 “Private equity …
USA remains 64% of global equity market cap GS pic.twitter.com/rB5LmBjld1 — Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) October 20, 2025 SpaceX is essentially the US space program https://t.co/rpYnDnna4z pic.twitter.com/f6B0OOmYiP — Robin (@xdNiBoR) October 19, 2025
Boston Scientific has been a strategic investor in Nalu Medical since 2017. The transaction consists of an upfront cash payment of approximately $533 million for the remaining equity not owned by Boston Scientific.* The Nalu Neurostimulation System is designed to deliver targeted relief for adults living with severe, intractable chronic pain of peripheral nerve origin, …
The housing market didn’t collapse. It was looted. The 2008 crash wasn’t a failure. It was a transfer. The Fed absorbed $2.7 trillion in toxic mortgage-backed securities from its bankster accomplices, dumped the fallout onto taxpayers, and called it stability. “The Fed still holds about $2.7 trillion in mortgage-backed securities, down only slightly from its …
Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. “We should get an equity stake for our money,” Lutnick said on CNBC’s “Squawk on the Street” Tuesday. “So we’ll deliver the money, which was already committed under the Biden …
Mortgage rates are falling. Home price growth is slowing. But the market is not recovering. It is unraveling. “The median U.S. asking price rose just 2.3% year over year… one of the smallest increases in two years.” https://www.redfin.com/news/housing-market-update-mortgage-rates-fall-price-growth-slow/ “Zillow anticipates a nationwide housing correction of 1.0% over the next 12 months… these 20 cities will …
Robinhood built OpenAI and SpaceX tokens with no equity rights. CEO says it doesn’t matter. OpenAI rejects the deal. This is synthetic ownership rebranded as access.
Fed faced same risks in ‘99 as today… June 1999. The Fed is concerned about: -Rampant equity speculation and its impact on wealth (SPX PE 24x, today 23x)-Too tight labor markets (UR 4.3%, today 4.1%)-Too high wage growth (ECI 3.5%, today 3.6%)-Inflation (Core CPI 2.3%, today 2.8%). They hiked from 4.75% to 5%. pic.twitter.com/A4uqxyIYmH — …
Funds still underwater after 2016 bets, private equity risk eclipses public markets… – Yale is withdrawing $6 billion from private equity. But according to them, there's nothing to read into that, so they claim. – Private equity continues to underperform publicly listed equities across every major time horizon: one year, three years, five years, …
Investors are now "all-in" on stocks with the highest equity allocation in history 🚨 The only time it was higher was just before the Dot Com Bubble Burst 👀 pic.twitter.com/GMwAVJeBbb — Barchart (@Barchart) June 14, 2025 Check out the red box. Institutions have been reducing their equities position all in 2025. On the other hand, …
Wait, buying bitcoin is no longer bullish for the common equity?$GME pic.twitter.com/FM6AqChEx8 — Markets & Mayhem (@Mayhem4Markets) May 28, 2025 lol. Buying Bitcoin is not a long term strategy. All it does is shrink your cash position to make deals. This company has no business. plan. That’s the problem. https://t.co/fWeUX7oDWp — QE Infinity (@StealthQE4) May …
The very rapid reversal in #equity postioning suggest the recent rally probably needs to take a pause. pic.twitter.com/0R9SZTp7iw — Lance Roberts (@LanceRoberts) May 19, 2025
Equity Put/Call Ratio fell last week to one of the lowest levels in the last 4 years 🚨 Bulls are back 🐂🐂 pic.twitter.com/4BPf6UE3Ft — Barchart (@Barchart) May 17, 2025
The jump in equity positioning this week was among the largest ever recorded. The chase is on. $SPY $QQQ $IWM $TSLA $NVDA pic.twitter.com/f4zzxUMdkW — David Marlin (@Marlin_Capital) May 17, 2025 Escalation vibes. https://t.co/CzOybPRjGL — The Great Martis (@great_martis) May 17, 2025 Long-end Treasury yields after Moody's announcement 👀 Monday's open going to be fun… pic.twitter.com/xTl3jTg6gP …
1. The corporate downgrades and defaults are slowly rising. To put the current corporate environment in perspective, we reviewed the United States corporate default since 2020. – Moody’s estimates that credit conditions in 2025 will be challenging enough that the realized… pic.twitter.com/opYe22beKh — Unicus (@UnicusResearch) May 16, 2025 2 (a) – Distressed defaults are detrimental …