CMPIRE

@wholemars Would love to see, backing into driveway, as an option to accommodate home charging.

Spring update branch with 14.3.2 isn’t far off

@terhyc STOCK

@AdamSandler @netflix Thanks for the laughs!! Introduced 1 and 2 to the kids this weekend! O'Doyle Rules!

Hope you all have a great time

@WallStreetMav All dairy to Canada has ZERO TARRIFFS if kept under a certain quota. Those tarriffs you posted are if US ships over quota. This has never happened. #fakenews

@ronmortgageguy How do you see this impacting the detached home market in the DT core? Rents? Property values..?

Oh & did I mention 50K more Pre-Con Dog Crate Condos coming on stream over the next 24 months It seems reasonable that rents which have fallen about 7% from their peak would drop another 10% in the next 12 to 18 months Possibly more Most important there no chance of UP 6/

Rents Will Keep Dropping: Can It Possibly Get Worse For Ontario Condo Sales? Rents have been dropping, every report tells us this, the anecdotal stories are even more pronounced Why? Although random reports suggest employment is fine, most Landlords will say differently 2/

@SawyerMerritt DO IT!! ts.la/chris81527

Tesla referrers have until midnight New Year's Eve to earn up to double the amount of Tesla Credits. After that, the amount a referrer gets will reduce to $500 (from $1,000 currently). The first 10 people who use your referral link get $1,000 off Model Y, $1,500 off Model 3 or $2,000 off Model S, Model X or Cybertruck. Limited to 10 awards.

@SawyerMerritt Save $2600 on your new TESLA! ts.la/chris81527

$5M worth of Teslas were bought by people using your guys' referral codes the last time I did this, so let's do it again! Comment below this post with your referral link if you want someone to use it Buying a Tesla? Consider using a small creator's link. Let’s sell some Teslas!

@SawyerMerritt Love to hear it! ts.la/chris81527

About $4 million worth of Teslas have been purchased by people using your guys' referral codes from under the post below 🔥

@WallStreetSilv War of 1812 - swing and a miss!

🤨🤨🤨 we should own all of Canada and a bigger chunk of Mexico also. We stopped too soon.

Officially official. 🔄

@fredlambert Count me in!

I'm giving away a free Tesla Universal Wall Connector to a follower in Canada. It works on Teslas (NACS) and any EV (J1772). Check the link for how to get entries in the giveaway and let me know in the comment which EV you are going to charge with it. sweepwidget.com/c/83371-06mzoj…

@SawyerMerritt I'd be first in line to buy it, if they did!

Tesla should just make free FSD transfers permanent at this point.

Be open to a world where you may not understand or agree with the person next to you, but have a drink with them anyways. Eat slowly. Tip your server. Check in on your friends. Check in on yourself. Enjoy the ride." Anthony Bourdain

"Eat at a local restaurant tonight. Get the cream sauce. Have a cold pint at 4 o’clock in a mostly empty bar. Go somewhere you’ve never been. Listen to someone you think may have nothing in common with you. Order the steak rare. Eat an oyster. Have a negroni. Have two. Con't

@richfalkwallace Great interpretation, please send along a copy of your otes on this. Thanks

Bond math is now key to today's financial markets Let know if you'd like the sheet. The table on the right reflects a powerful new dynamic: If rates fall 50bps, 20yr Treasuries earn 11.3% over the next year. But if rates rise by 50bps, they lose just 0.9% -- an 11:1 up/down ratio. The 5 year-average 20yr yield is just 2.5%, compared to today's 5%+ yield. At that lower history, the same 50bps up/down math sat at just 2:1, much less skewed. So in the context of recession fears, commodity shock, and mixed econ data, that return skew is drawing cross-asset investors -- hedge funds & asset managers normally less involved in Treasuries. This competition for capital is one of many mechanisms by which higher rates challenge equity returns. Several items are pushing long rates up: the rise of JGB long rates, US deficits, persistent inflation, the dollar, and others. But implicit in the new investor framing of long-bond risk/reward is also the changing impact of the duration math, and the role of convexity across the curve. Which is worth understanding. Duration describes the average time it takes to receive any set of cash flows. Whereas a bond's maturity is simply the date principal is repaid. As a result, maturity and duration differ if there is a coupon: the larger the coupon relative to the principal (& price), the shorter the relative duration. So, if a 10yr bond at par has no coupon, its duration is 10 years. If the same bond has a 10% coupon, its duration is 6.5 years, since much of the total cash investors get comes in every year via coupon. But the duration has another very useful property: It also exactly equals the bond price change associated with a 1% change in its yield. Thus, for the same 6.5 year duration bond, if the yield falls to 9%, the price rises from 100 to exactly 106.5. The next question is how duration changes: Is the 6.5 duration constant as yields move from 10% to 9% to 8%? No -- because the weighted average life has changed at each increment. This change is the bond's "convexity." And it is the driver of why a 3% rate fall means a gain of 70%+ while a 3% rise means a loss of just 30%. You can see that difference in the first chart below: Red is the duration of a 5% coupon / 5% yield 30-year bond: 16 years. Blue is the actual bond price across yields. The difference between the two lines is the effect of convexity: The price change slows as yields rise And rises steeply as yields fall. Next shows the curve of convexity itself shifting across maturities. Directional views on Treasuries here are a function of growth path, fed policy, and a host of other factors. Sometimes you make that bet. But other times, or if you're restricted to markets competing for scarce capital, Knowing the asymmetries & reaction functions across markets Improves your ability to anticipate and act In your area of focus. That's all for now. Let know if you'd like the math.

Accurate 🤣

@SawyerMerritt @Tesla @HowardModels Check out the Model II in the top right of the parking lot..

NEWS: @Tesla has won permit approval for its Diner and Drive-In Movie Supercharger in Los Angeles, according to documents seen by Teslarati from the LA Department of Building and Safety. Images by @HowardModels | Source: teslarati.com/tesla-supercha…