zak

I loved the article, "AI Isn't Coming for Your Job. It's Coming for Your Mind" by Tom Slater at Baillie Gifford. h/t Ian McKinnon, chairman of the board of trustees @sfiscience. Points about mastery and cognitive diversity are particularly relevant. Worth discussing in professional and educational contexts. bailliegifford.com/en/uk/individu…

@hwrtbg In covid the US handed out massive direct stimulus to consumers which kept people from working etc. there’s no wage inflation with labor this weak

I hate how much this worked for me

@Credit_Junk Still blown away how in a DM rates mkt, unemployment expectations can miss by 50bps…

Now OIS market price first "full" hike at Oct 2026

@dMacro_dBS @Lagarde The right way to play it. Unfortunately some of us got excited when we saw growth + inflation forecast revisions…

Bought ERU6 outright and sold July 98.0625 Put midcurve on U6 underlying… Merci madame @Lagarde for the opportunity 🙏

@spaghettilisbon Didn’t see any mention of the great value on Sonia curve? 😭

sending it

@spaghettilisbon The widow maker

i made money in SONIA today historic date

Pipe Dream 101 - Mar A Lago Accord version The Xverse is awash with nonsense regarding a grand bargain called the Mar A Lago Accord. While I accept that anything is possible with the right set of sticks and carrots I cannot imagine such a deal occuring. Nonetheless I will

@ntsakonkunta 📍

Hahhaha what a sight!!

@EMopportunities What was the broad idea there? Seems only one direction for MXN rates after Wednesday ⬆️?

🇲🇽 Mexico : due to the strength of MXN rates since Trump election, I decided to close my 5yr receiver at 9.28%. Think better entry level to come (obviously not my best trade). It was my only exposure on Mex. *TRUMP ASKS ROBERT LIGHTHIZER TO RUN US TRADE POLICY, FT SAYS

November 1st

@flourishing124 Opening credit lines with a western-sanctioned financial institution is not a clever geopolitical decision, particularly if you want to remain geopolitically indifferent.

FYI, before we get ideological, here are the facts: US & European companies lead investment in South Africa with over $50B in FDI and hundreds of thousands of jobs, especially in high-skill sectors. China’s $6B is growing, while Russia’s impact is limited. SA should focus on who brings more money, though I do appreciate Russia & China’s approach to shaking up the world. #FDI #SouthAfrica #Economy

@flourishing124 This has to be the worst use of the phrase 😂

No DNA just RSA 🇿🇦😮‍💨

The Draghi report contains one of the most spot-on critiques for the current state of EU industrial policy I have read so far. And it comes with some solid ideas on how to move forward. Here are the three main takeaways.

@BenGleeson_ Would love to see you build a nuclear fusor in your bedroom!

Had no idea projects was a thing until I saw this. Need to test out.

@j_fishback Dude you lost.

Politics is yet another reason the Fed won’t cut rates aggressively anytime soon. From my latest note "Markets are Weird, but the Fed Doesn't Care." Link below.

@EMopportunities Belgrade is a city that was built to last too - more opportunities definitely to come

🇷🇸 Serbia : After an amazing 2 years together it’s time to say goodbye. Please let me know next time you trade 100bp+ wider. Serbia is trading at pre war levels vs Germany or Poland.

@palesa_morudu Realistically, the closer they get to 45% the more likely the begin negotiations with PA

The worst and likely scenario for SA 🇿🇦 in the next week or so. Cyril Ramaphosa is recalled. Paul Mashatile takes over and bring MK and EFF (former comrades) back into the ANC fold. They have 2/3 in Parliament. Pure utter madness for SA except in the Western Cape. Hold on tight!

Ok, this is a ‘rubber meets the road’ tweet… So, there’s a Bloomberg article today about the Saba v. BlackRock campaign. In it you will see @BlackRock successfully obfuscate the reality about their terrible performance. They double down by critiquing the performance of $BRW, a fund Saba has managed since 6/2021. For the 9 BlackRock funds that were in existence on that date, I present a LTD performance comparison. Pure. Clean. Note, on top of beating every one of their funds handily, our returns below exclude the extraordinary gains made by shareholders from our 45% tender leading up to us managing the fund. Oh, and we ran it with much less leverage than the BlackRock funds below: we beat ALL 9 funds by 19% to 65% in 3 years. I think this is the perfect example of good people doing bad things because they’ve forgotten that there’s right and wrong and a job doesn’t give license to say anything, however much it twists the truth. RT please. Truth to power. 👊 🤛 🤜

Simulation is glitching