Relative Value Mike

@JeremiahDJohns Pensions foot the bill taxpayers when they balloon out of control. It shouldn’t exist switch to 401K

Very, very bad and irresponsible of Mamdani to screw with pensions to fix his budget problem. "Restructuring" pension obligations has led to fiscal meltdown in so many cities. It's the fiscal equivalent of a character wandering off alone in a horror movie. You know how it ends.

@MMA_PROS_PICK_ Sean maintained pace/control with his jabs which was also causing damage and limited khamzats double legs. Khamazat never advanced any of his takedowns into sub or damage attempts

🚨Kamaru Usman doesn’t understand how Khamzat Chimaev lost the fight "When one guy is constantly marching forward, throwing jabs, mixing in overhands, getting takedowns, and doing that for almost five rounds, I don’t see how he loses the fight. The other guy was backing up and jabbing the whole time." via: @pound4poundshow

@GoshawkTrades All that research to underperform the SP500

the head of research at Citadel's systematic equities division breaks down their entire quant pipeline in 30 seconds: 1. alpha researchers turn data into return forecasts 2. impact researchers measure how much their own trades move the market 3. optimization researchers build fast algorithms to solve portfolio problems 4. portfolio construction frames the whole business as a stochastic control problem the output? trades.

@UFO_UFC People who thought it was close wanted to see Taira get permanent brain damage

If you had Van-Taira scored 38-38 going into round 5 you gotta realize your judging is flawed. The amount of damage and near finishes for Van has to be worth much more than the grappling positions from Taira. I had rd 3 10-8 and Van winning 4 too

@DylanMMA__ They wanted to see Taira die in the cage

People think this was early? 😭😭

@JustinMacmahan Did you watch the fight? Taira was blocking the punches with his face the entire time. Some of the stiffest and worst head movement I’ve ever seen vs a world class boxer

As a Van backer, I feel bad for Taira. The announcers were trying to defend it, but that’s a bad stoppage in Round 5 of a title fight. Especially considering it might’ve been 2-2. Taira doesn’t want to be protected there. Let him battle until the end

@BarbarianCap Same store sales would probably be even better though

as far as I can tell, $WING Wingstop is the only US company where Return on INCREMENTAL Invested capital is a CEO pay metric

@TedPillows Hoarding cash is the stupidest way manage wealth when inflation is eating away at it 2.5-3.5% per yr

Why would I buy stocks at all-time highs when billionaires are dumping them? Seriously. The S&P 500 is euphoric right now, and retail investors are acting like risk no longer exists. Meanwhile: • Insiders are selling • Hedge funds are hedging • Buffett is hoarding $380B cash But somehow the average person thinks THIS is the safest time to go all in? This market offers terrible risk/reward. The upside from here is limited. The downside is massive. Smart investing is buying fear. Not buying after everyone already got rich. I loaded up in 2022 when people were panicking. I loaded up again in 2025. Right now, I’m waiting. Because cash is a position too. And I have a BIG short position on $BTC that I shared with my X subscribers. The correction will come fast, and most people will pretend nobody saw it coming. Don’t say I didn’t warn you.

@antibearthesis If you can do a DCF it’s not overpriced

This market feels completely uninvestable - S&P at ATHs - Gold at ATHs - Housing is fucked - Bonds are useless - Dollar is melting Every asset looks overpriced WHERE DO YOU EVEN PUT YOUR MONEY?

@FirstSquawk If people aren’t buying homes or moving they aren’t buying washing machines. It’s not that big of a deal

WHIRLPOOL’S CFO SAYS APPLIANCE DEMAND IS AT ITS WEAKEST SINCE THE 2008 FINANCIAL CRISIS — A SIGN CONSUMERS ARE PULLING BACK HARD ON BIG-TICKET SPENDING WHEN PEOPLE STOP BUYING WASHING MACHINES AND FRIDGES, FACTORIES NEED LESS CARDBOARD, SHIPPING SLOWS, AND ECONOMIC PRESSURE STARTS SPREADING ACROSS INDUSTRIES

@FirstSquawk This is more on the idiot lenders enabling this

AMERICANS ARE DROWNING IN CAR DEBT — AUTO LOANS HAVE EXPLODED TO $1.68 TRILLION, NOW BIGGER THAN CREDIT CARD DEBT AND MATCHING TOTAL U.S. STUDENT LOANS

@FirstSquawk Nah just nobody wants your over processed shit

“CONSUMERS ARE LITERALLY RUNNING OUT OF MONEY,” SAYS KRAFT HEINZ CEO AS HOUSEHOLD FINANCIAL PRESSURE CONTINUES TO RISE

@FirstSquawk Are they going to summon their deep sea octopus friends after summoning their attack dolphins

Iran may move to control undersea internet cables in the Strait of Hormuz, forcing foreign firms to seek permits, pay fees, and follow Iranian rules. The cables handle nearly 15–20% of global internet and financial data traffic linking Europe, the Gulf, and Asia.

@RKelanic None of those charts show net 0 exports

While Trump is waiting for Iran's oil industry to "explode" from shut-ins, he might consider that GCC countries are *already* shut-in at much higher rates, with fewer overland options to bypass Hormuz than Iran has. Iran has "escalation dominance" in shut-ins.

@StealthQE4 Actually the middle 70% of Americans are beholden to the bottom 20% as their slave wage earners. More we earn the better they live

The K shaped economy is the worst thing that has ever happened in this country. Too much wealth at the top and their greed for more is insatiable. It’s never enough. 80% of America has been in a recession for years at this point and can no longer pay their bills.

@FluentInFinance When you outsource all of your jobs to latam or Asia in the name of shareholder returns you depress wages and kill off your most important customer aka the avg American

"Consumers are literally running out of money" -Kraft Heinz CEO Nobody needed budgeting apps, roommates, and side hustles 20 years ago. One job. One income. It was enough. None of this is sustainable.

@FluentInFinance This is just another way to say housing construction is weak

JUST IN: Whirlpool’s CFO said appliance demand hasn’t been this low since the 2008 financial crisis. Washing machines and refrigerators are leading economic indicators. I call it the Cardboard Box Indicator. When the economy booms, people buy appliances. Those items ship in cardboard boxes. When people stop buying appliances, factories stop buying cardboard. Shipping slows down. Jobs get cut. Pay attention.

@cwebbonline Didn’t know black communities couldn’t think for themselves and vote outside of Dems. Prob align more with current GOP than communist socialist whack jobs running the dem platform

Tennessee Republicans did it. The final vote is in. They just gutted the only Black-majority district to lock in more Republican power. Black voters shut out, representation erased. Call it what it is, a white supremacy power grab. And a shameful day for Tennessee, the birth place of the KKK.

@ProfessorPape Ocean Koi is a Chinese boat (aka their biggest ally and importer of Iranian oil) that’s been sanctioned by the US as well. It’s a sign of Iran working with Americans

Iranian navy seized the oil tanker "Ocean Koi" in the Gulf of Oman This is Iran’s answer to Trump, effectively: “We control Hormuz— take it if you can” Iran’s power is growing by the day

@DeItaone Iran now officially a US vassal state

IRAN SEIZES SANCTIONED CHINESE OIL TANKER Iran’s navy seized the Chinese-owned tanker Ocean Koi in the Sea of Oman, saying it was carrying Iranian oil and disrupting the country’s exports. Iranian state media showed footage of the operation. The vessel and its Shanghai-based owner were sanctioned by the U.S. earlier this year over alleged Iranian oil shipments.