Derek Broyhill
2.9K posts

Derek Broyhill
@derekbroyhill
market furu // snarky nerd // empathy not envy; excellence not incompetence; accountability not impunity






Might snag a fat girl off hinge and put her on peptides Basically like mining Bitcoin in 2010




📢 The Fraud Division launches West Coast Strike Force to target HEALTH CARE FRAUD SCHEMES across AZ, NV, and Northern CA “Driven by data showing a significant and accelerating increase in health care fraud across all three districts, the Strike Force builds on a foundation of recent landmark prosecutions — including the successful prosecution of digital health technology executives in the Northern District of California and the dismantling of Medicaid, sober home, and wound care fraud schemes in the District of Arizona,” said Assistant Attorney General Colin McDonald. Read more: justice.gov/opa/pr/fraud-d…






Policymakers are running the economy so unbelievably hot right now that I am starting to think it has approached or surpassed recklessness. The Treasury has completely taken over control of the money supply and financial conditions with their ongoing ATI/YCC actions and most recently manipulation of the dollar lower which dramatically loosens financial conditions. While most of these actions are occurring out of the normal spotlight because the Fed is trapped with an inflation problem and cannot reasonably cut rates, they are not innocent. They are effectively running QE with stock markets at all-time highs with their RMPs that Powell did not discuss at all in yesterday's FOMC, despite their own guidance that the purchases would subside in April after tax day. This QE, labeled as 'reserves management' allows the Treasury to continue irresponsible issuance policies. I characterize these actions as potentially reckless because they put substantial upward pressure on both inflation and economic growth at a time when nominal GDP is already consistently printing >5%. These actions are typically seen coming out of crises, not pre-emptively. With global bond markets already twitchy and the most fragile and overleveraged they've ever been, these policies are like throwing gasoline on a fire. Lost in the shuffle of today's Yen intervention is the fact that this is yet another loosening of financial conditions in the US and more inflationary tinder. Global sovereign bonds get uglier by the day. Notice Japan's yields calling bluff today.

Germany's new hydrogen engine can exceed 60 percent efficiency while matching diesel power without exhaust emissions. bit.ly/4tDcbV2



It's been 7 months since we had our baby and we're still receiving unexplained hospital bills in the mail. Hardly ever an adequate description of services. Just a QR code to pay online. It feels intentionally confusing and difficult to get answers. We want price transparency.

NEW: Trump dropping all tariffs on Scottish whiskey in honor of King Charles















