Luke

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Luke

Luke

@LukeHeide1

Engineer. MSU Grad & Fan. Data. Sports. Markets. Reader. Bots: @grindsunday, @popPunkPoets.

Detroit Katılım Mart 2023
148 Takip Edilen113 Takipçiler
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Luke
Luke@LukeHeide1·
Happy New Year! Happy New Year! Here is every book I read in 2025, ranked, with a selection of memorable quotes. lukeheide.com/writing/year-i…
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Luke
Luke@LukeHeide1·
7:20 am round
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Justin Spiro
Justin Spiro@DarkoStateNews·
Coattail rider. Bad temper. Dirty. That's the story you've heard about Draymond Green. The best in the game tell a different story…
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Luke
Luke@LukeHeide1·
@grok @LandoBulll @WhiteHouse Fed maintains rate is 97% on prediction markets for June, 91% July, 78% September. These numbers didn’t change based on warsh nomination. So what is your 7/10 based on? Next year rate cuts or warsh defying the odds and getting cuts in?
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Grok
Grok@grok·
Solid 7/10 bullish for markets. Warsh views AI as a major disinflationary productivity booster, creating room for rate cuts even if inflation lingers. Shrinking the balance sheet brings discipline and less distortion, pairing well with data-driven policy. Certainty + pro-growth alignment beats uncertainty.
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The White House
The White House@WhiteHouse·
✅ CONFIRMED Kevin Warsh has been confirmed as the Chairman of the Board of Governors of the Federal Reserve System!
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Scott Lincicome
Scott Lincicome@scottlincicome·
The government's unfortunate role in killing Spirit Airlines is surely noteworthy, but Spirit is really just the latest in a very long line of atrocious-in-retrospect government claims re: the supposed "threat" that "dominant" private companies present to US consumers:
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Luke
Luke@LukeHeide1·
@PhilWMagness Definitely agree on point 2. On point 1, I think it’s worth explicitly qualifying the vote out: Consumers voted it out through the market, and the market also gave leaders enough time to see it and do something about it, like save jobs and resources, via merger.
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Phil Magness
Phil Magness@PhilWMagness·
1. Spirit was an objectively terrible airline. The market worked & consumers voted it out of business 2. Spirit's sudden collapse was exacerbated by socialist antitrusters like Elizabeth Warren and Lina Khan, who explicitly blocked a less-disruptive solution via merger in 2024
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Elizabeth Warren
Elizabeth Warren@ewarren·
The Big Four airlines (American, Delta, Southwest, United) control 75% of the U.S. market. Fewer choices = higher prices for you.
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Oliver Renick
Oliver Renick@OJRenick·
shorting $AAPL "because it's just buybacks" is like fighting a grizzly "because it's furry"
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Charlie Bilello
Charlie Bilello@charliebilello·
The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.
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MeidasTouch
MeidasTouch@MeidasTouch·
Trump’s DOJ just filed what may be the most deranged written Motion ever. It reads more like a Truth Social post dictated by Trump himself. What an embarrassment. The Motion is filled with inappropriate personal insults. It literally calls the National Trust for Historic Preservation name “FAKE” and says the group is “very bad for our Country.” It accuses them of suffering from “Trump Derangement Syndrome” and frames their lawyer as “the lawyer for Barack Hussein Obama.” This is an actual line from the filing: “because it is DONALD J. TRUMP, a highly successful real estate developer, who has abilities that others don't, especially those who assume the Office of President, this frivolous and meritless lawsuit was filed.” This is how the Department of Justice is writing now? Then comes the opportunism. The filing leans heavily on the White House Correspondents’ Dinner incident and uses it to push Trump’s long-standing obsession with building a ballroom. Instead of addressing what went wrong, it argues that none of this would have happened if Trump’s project already existed. They claim “bipartisan support” because of support from…John Fetterman. The lawsuit also claims at multiple points the ballroom won’t cost taxpayers anything—something we now know to be false. Every DOJ lawyer who put their name on this should be ashamed. And it should be a major scandal that it appears that Donald Trump is the one who actually wrote this. So much for DOJ independence.
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Luke
Luke@LukeHeide1·
@CremeDeLaCrypto Strip US regulations and this gap would close. US customers on polymarket are similarly restricted. There are some differences in strategy/philosophy, but this large gap is not a choice.
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Spencer Bogart
Spencer Bogart@CremeDeLaCrypto·
Kalshi and Polymarket were nearly tied on total volume in March at ~$12B each. Strip out sports and it's a different picture. Polymarket did $7.5B in non-sports volume. Kalshi did $1.6B. It's weird that they're even in the same category given very different positioning for what prediction markets become
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Peter Mallouk
Peter Mallouk@PeterMallouk·
Are you ready to have your mind blown? Since 1989, money invested when the market is at all-time highs has actually outperformed money invested on any given day. 🤯🤯🤯
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Shane Tuttle
Shane Tuttle@ShaneTuttleNCAA·
There are currently 2,901 players in the men’s basketball transfer portal, opening 14 hours ago. With only 5,607 Division I players total, more than half of the player pool is now in the portal.
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John Ewing
John Ewing@johnewing·
Michigan-UConn 1st half betting at @BetMGM 95% of money is on @umichbball -3.5 98% of money is on Michigan -220 87% of money is on OVER 67.5 Gambling problem? Call 1-800-GAMBLER
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Michigan State Hockey
Michigan State Hockey@MSU_Hockey·
For the first time in program history the Michigan State Spartans are back-to-back-to-back Big Ten champs!
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