Martin retweeted
this is just sparkling consumer demand focused stimmy, you pleb
(shrub gets it 🌳🧧, of course he’s the only one not sleeping on this)
(shrub gets it 🌳🧧, of course he’s the only one not sleeping on this)
China launched a little stimmy and none cares:
child care benefit doubles to $274 / month and deductions for taking care of the elderly.
I know it's not really Fiscal unless it comes from the region of Fiscalle in France, but it sure reminds me of one!
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Martin retweeted
Insurance Australia Group just disclosed in its AR a 7bn AUD legal exposure on Greensill. Earlier they said they had ... none.
The market cap is 14bn AUD, so that's a 50% market cap claim. I hope they have good lawyers because this entire case is a maze
ft.com/content/52fdd0…
The market cap is 14bn AUD, so that's a 50% market cap claim. I hope they have good lawyers because this entire case is a maze
ft.com/content/52fdd0…
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Martin retweeted
I spent several months researching and interviewing primary sources a couple years ago to produce this non-partisan piece and happen to agree with everything he says.
open.substack.com/pub/urbankaobo…
open.substack.com/pub/urbankaobo…
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Martin retweeted
Am totally ded 🤣🤣🤣 Good on Tim for calling Krugs’ continuous litany of bullshit
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Martin retweeted
Mark my words, when recession hits late 23 early 24 and student loan payments start to bite while economy shows more interest rates sensitivity, first thing both Dems and Reps will want to do is start putting more money into consumers ‘pockets. Child Tax credit will come with a qui pro quo of business tax credits to keep Reps happy. This is when they will signal to you that there is no way out of this.
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Martin retweeted
I shared a major thread on Kitty, one that’s been keeping me busy crunching numbers for a while now. Below is opening and closing remarks. The rest will remain exclusive to Kitty community.
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Martin retweeted
this
$COST CFO: "Historically,...we've always seen, when there's a recession, whether it was '99 or '00 or '09 -- '08, '09, '10, we would see -- some sales penetration shift from beef to poultry and pork. We have seen some of that now"
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Martin retweeted
After a high-level board meeting amongst fellow members of the animal kingdom, it has been decided that the only way to get a bid going for commodities is to rename them using "AI-compliant" terms. Henceforth:
Oil ➡️OAIL
Coal ➡️COAIL
Copper ➡️CAIPPER
Nickel ➡️ NAICKEL
🌳🐈⬛🫡🙏
Oil ➡️OAIL
Coal ➡️COAIL
Copper ➡️CAIPPER
Nickel ➡️ NAICKEL
🌳🐈⬛🫡🙏
ahahahaha GOAILD
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Martin retweeted
Twitter is a great reminder of two things:
1) That, by definition, the average IQ is 100; and
2) That Wi-Fi these days works really well in basements.
1) That, by definition, the average IQ is 100; and
2) That Wi-Fi these days works really well in basements.
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Martin retweeted
am ded 😂😂😂 Tweet of the year 2023
God I hate to do this but … the flight overnight was lit.
The belly of the plane must have been jammed with his bags
#bagholder
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Martin retweeted
Let me get this straight:
Regional banks were paying little to no interest to depositors, when fed funds is at 5%.
The regulators did nothing.
Then depositors figured it out & moved their money to money markets.
And now the regulators blame the short sellers
Mkay...
Regional banks were paying little to no interest to depositors, when fed funds is at 5%.
The regulators did nothing.
Then depositors figured it out & moved their money to money markets.
And now the regulators blame the short sellers
Mkay...
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