Jared Dillian
@dailydirtnap
Author of STREET FREAK, ALL THE EVIL OF THIS WORLD, THOSE BASTARDS, NO WORRIES, NIGHT MOVES, & RULE 62. Writer, investor, electronic music curator. MFA.
I am pleased to announced that RULE 62: Meditations on Success and Spirituality is OUT TODAY! Pick up a copy for yourself, for your kids, for your nieces and nephews, for anyone finding their way in this world, or anyone who needs a road back. amazon.com/Rule-62-Medita…
WATCH: NYC Dem mayoral candidate Zohran Mamdani as he states that he would be in favor of ABOLISHING private property. The abolition of private property is straight from page 30 of The Communist Manifesto. Mamdani has learned his lessons well.
Macro Dirt #56 The LT Podcast @dailydirtnap youtu.be/KlTqC9UHbpE?si…
Check out this video of my gig in Nashville last weekend. Sound on!
Nick is a mad scientist. Anything he writes, I read. I can't recommend this enough. Get his new book.
My book, The Wealth Ladder, is now available: geni.us/wealthladderha…
In one of Barry Hannah's last interviews, he was overjoyed that "Yonder Stands Your Orphan" was an airport book. I finally have one of my own: the new paperback of NO WORRIES, here in DCA. @harrimanhouse
The Fed has not been successful; everyone knows this. But replacing it with a system where the president de facto control interest rates is not an improvement. Maybe we should just let the market determine interest rates? Markets are pretty good at that sort of thing.
The Treasury secretary is the latest to criticise the Federal Reserve, questioning whether the US central bank, which is headed by Jay Powell, has been 'successful'. on.ft.com/44U8vDe
You know what they say about magazine covers
Vibe Memories
This is literally the best money/mindset/investing book out there. I've read it 3x myself in the past year. Easy read. Doesn't go deep into stock investing, for that order my book on Amazon when you're ordering this one. Thank me later.
All I can say about this is that if you can’t make money in this environment, you should be a receptionist at a doctor’s office.
Trump says the Fed should set interest rates at less than one half of one percent:
Party like it’s 1999: Goldman Sachs’ Non-Profitable Tech Index is up 66% since hitting its low in April.
U.S. Dollar Index $DXY has not traded red for 9 consecutive days, the longest streak since October 🇺🇸💵
The GODZILLA Podcast Macro Dirt #55 @dailydirtnap youtu.be/nEzEWYvwGQg?si…
Also known as CRAP
A new acronym for the meme stocks that just won’t quit!!! PARC!
The day Vanguard allows crypto on its platform is the day I short crypto.
Here's a good one for you... *Vanguard*, via its funds, is now the single largest shareholder of Strategy. Still can't buy spot bitcoin ETFs on their brokerage platform. via @VildanaHajric
From Scott Galloway's newsletter. One hell of an infographic. H/T @turneyduff
I don't believe in randomness. The markets are actually much more deterministic than you think.