Will
@WClementeIII
currently @keyrocktrading prev. sold startup to public co. dropped out of school, student of life & markets. not investment advice, opinions mine & change, etc.
Despite being down nearly 70% from its 2021 highs, there is still a high likelihood that Bitcoin succeeds. With the market going sideways, Bitcoin volatility near all time lows, and me losing my mind, decided to compile a few thoughts on why: It is widely known that Bitcoin…
People in 🇨🇳 China living under the international poverty line 1990: 750 million 2016: 7 million
[ ZOOMER ] PAYPAL TO ALLOW US MERCHANTS TO ACCEPT PAYMENTS IN OVER 200 CRYPTOCURRENCIES
"Gen Z men with college degrees now have the same unemployment rate as non-grads," per FORTUNE
Credit spreads all time tight. Stock multiples all time high. Unemployment around 50 year lows and going down. Inflation stuck way above target and going up The Fed sees this and says time to cut rates. Trump sees this and says the Fed needs to cut more
Spreads on IG corporate bonds are near the tightest levels since the late 1990s. "The theoretical minimum spread is lower today. High-quality corporate credit can now trade closer to, or in some cases even through, US Treasuries in a way that was not previously conceivable:" Citi
Market-based inflation expectations over the next 5-10 years have risen to the highest levels in almost two years, at an implied 2.44%.
CHINA, US TO EXTEND TARIFF PAUSE AT SWEDEN TALKS BY ANOTHER 90 DAYS- SCMP
Prior to covid, ~60% of U.S. households could make the payment on an average house at prevailing mortgage rates. Post-covid, ~40% of households can afford the average house. This chart explains the post-covid angst more than any other I can think of.
GOLDMAN SACHS: SPECULATIVE TRADING HITS RECORD HIGH Goldman Sachs reports its Speculative Trading Indicator is at its highest level since the dot-com and pandemic bubbles, driven by heavy trading in unprofitable, penny, and high EV/sales stocks. Trading volumes are high in "Mag…
Most expensive global stock market in history... we did it fam.
[ ZOOMER ] TRUMP CONSIDERING STIMULUS CHECKS FOR LOW INCOME AMERICANS: PRESS POOL
OUT NOW: my interview with @jnordvig on @ForwardGuidance We talk capital flows, implications of eroding fed independence on inflation expectations, FX themes, and more. Enjoy! youtu.be/miQgNOi5KQ0?si…
sharing your onchain transactions with the accountant
Vibe
Strategy announces pricing of its Stretch Perpetual Preferred Stock ($STRC) Offering and upsizes the deal from $500 Million to $2.521 Billion. $MSTR strategy.com/press/strategy…
Big week of data next week, will set the tone for August: - Consumer confidence and job openings on Tuesday - QRA (the big one IMO), FOMC, and GDP print all on Wednesday - Initial jobless claims, PCE/Core PCE prints on Thursday - Unemployment rate & ISM prints on Friday
Just moved to SF and working out of the @fdotinc office. Building @cfosilvia, an AI-powered personal CFO you can chat with, call, or email 24/7. Hiring 2 founding engineers. If you're interested in LLMs, agents, and fintech, let’s talk. DMs are open.
Pump fun's market cap trading below the platform's cash on hand will either be looked back as an obvious buying opportunity or a moment of clarity for most tokens and what exactly holders are getting in terms of legal rights & ownership.
Some people made hating on Tether their entire personality, only to see it become the most profitable company per employee in the world, one of the top US debt holders, acknowledged by the President, and now look to enter the US.
[ ZOOMER ] TETHER WORKING ON ENTERING UNITED STATES WITH DOMESTIC STRATEGY FOLLOWING WHITE HOUSE VISIT: BBG