Ben Hunt
44.4K posts
@EpsilonTheory
Clear eyes. Full hearts. Can’t lose.
.@SecScottBessent: In the coming days, we may unsanction the Iranian oil that's on the water. It's about 140 million barrels, so depending how you count it, that's 10 days to 2 weeks of supply, that the Iranians had been pushing out, that would have all gone to China. In essence, we'd be using the Iranian barrels against the Iranians to keep the price down for the next 10 or 14 days, as we continue this campaign. So, we have lots of levers.
This won't show up in any market data, but it's a profound hollowing-out and weakening of America. "Nearly one in 10 people who had Affordable Care Act plans last year dropped health insurance altogether, after premium costs rose sharply" wsj.com/health/healthc…
Q: Can you explain why a package this large is necessary? HEGSETH: First of all, none of this would've been possible without Midnight Hammer. Without that audacious mission with very clear goals that did obliterate their ability to enrich. We're still dealing with the environment Joe Biden created.
“Maybe instead of 10 or 15 gallons of gas, you get 1 gallon of gas…”
Powell: "The thing a good number of people on the committee are concerned about is the very very low level of job creation. If you adjust what has been the trend job creation over the past 6 months for what we think is the overstatement due to overcounting, effectively there is 0 net job creation in the private sector"
First, PE IRRs are not fake. They are fully audited and overseen by the SEC. Claiming they are fake is just non-sense. Second, it is clear you have never been on the board of a publicly traded company. The governance is essentially non existent. Some do end up with great CEOs. But when they don't the board does little about it. Third, I rarely see claims made about PE volatility. There is really no way to measure PE volatility so any claims about PE having lower vol are obviously wrong. But once again I rarely see it....
