
CHT
64.3K posts

CHT
@PrometheusCHT
CIO & Founder | Equities + Macro + Vol. Critical Rationalism. Complexity. Humanism. Bold conjectures, conditionally held. 🇦🇺 🇬🇧 🇬🇷 🇮🇱 🌻🦁🌞 🏉 🥊 🏊








@tonyannett Yeah, helping pension funds do better is worthless! Someone needs to alert the media! 🤣🤣🤣


Benn Eifert’s QVR is winding down after a painful YTD drawdown




You always get this 'looking after pensioners' nonsense in defence of hedge funds. In fact 90% of American retirees, of which 81% receive private pensions, also require social security. Most pension payouts are tiny, so this 'do better' means virtually nothing to retired workers. The hedge fund gamblers use clients' funds mainly as a collateral cushion - they leverage in (borrow cheaply) $3 for every $1. Investment targets are selected solely for high returns. They line their pockets, nothing else matters.







Global Rates Outlook #5: Price V Quantity & a New Era For Central Banking. Scenario based Fwd guidance & G10 responds to the Iran war more with Price than they do Quantity. And an attempt to argue the bullish case for the UK economy?? Yeh.. jwsmacro.substack.com/p/global-rates…




BREAKING: UAE discloses it’s building an additional second pipeline bypassing the Strait of Hormuz. The new pipeline will be finished in 2027 and will double the country’s export capacity in Fujairah (the current pipeline has a capacity of 1.5-1.8m b/d)






