
Louis Winthorpe III
248 posts












A prime transmission mechanism of fed policy into the market is through $ strength and a reduction in $ liquidity. HFL has led to $ strength-> emerging market weakness-> Deterioration in Citigroup-> This bids duration and leads to curve inversion. There is only 13.5bp of term premium across the entire yield curve, 9.8bp will be a new phase low. Curve inversion (2-10) at -43 is -7bp above -49 and -11bp above -54bp. The system is breaking down globally and people that focus on AAPL and NVDA are missing the bigger picture. Investors, moving out the yield curve as volatily receeds, will generate alpha. At some point shortly, the market will dampen UST 30Y bonds volatily. Melting EM will lead to a bond bid the likes that know one has ever see. @MarioNawfal @hendry_hugh



The most underrated dietary factor to focus on is shifting dietary fat intake away from long-chain saturated fats, toward short and medium-chain saturated fats, and toward odd-chain saturated fats For now it feels like I'm the only one talking about chain length THREAD //








Joe Biden just proclaimed that “Transgender Visibility Day” is on Sunday, March 31st. I wonder how he came up with that date.












