Edward Dowd

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Edward Dowd

Edward Dowd

@DowdEdward

Founder Phinance Technologies and author of Cause Unknown: The Epidemic of Sudden Death in 2021 & 2022. For event bookings: [email protected]

Wailea, HI Katılım Temmuz 2013
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Edward Dowd
Edward Dowd@DowdEdward·
US Economy Outlook for 2026 is now available. Three major risks: ✅White swan housing crisis which started last year will accelerate. ✅Stock Market AI bubble beginning to crack. Valuations imply forward 10 year returns of 0% ✅China is entering the acute phase of its real estate demographic crisis & will have contagion effects. These factors will feed back to credit and begin a risk off environment. The large growth in shadow banking last year is likely where it will manifest. We expect deflation scare and US treasuries will benefit and rotation from stocks to bonds. Report is extensive and includes written report, executive presentation and Video of Authors going over presentation.
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Marc-André Fongern
Marc-André Fongern@Fongern_FX·
Private credit reality check! Morgan Stanley PC default forecast: 8% vs. 2.5% historical avg. New retail inflows: -50% YoY (Goldman Sachs). 80%+ of semi-liquid funds facing net outflows by Q3. Don’t tell me everything is fine!
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Chief Nerd
Chief Nerd@TheChiefNerd·
👀 Karoline Leavitt says the growing number of missing scientists linked to aerospace and nuclear research is “worth looking into”
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TheLastRefuge
TheLastRefuge@TheLastRefuge2·
The CIA tried to remove a sitting United States President. The evidence has been released. The issue is no longer a matter of opinion or debate. Now, watch the silence. The CIA tried to remove a President.
TheLastRefuge@TheLastRefuge2

I see a lot of punditries missing the forest as they peer intently at the trees. You know the real reason CIA whistleblower Eric Ciaramella's name was never permitted to be mentioned? Because the CIA tried to remove a sitting President from office. The point is being lost.

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Polymarket
Polymarket@Polymarket·
BREAKING: U.S. reportedly preparing plans for a possible operation in Cuba, awaiting Trump's orders.
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An0maly
An0maly@LegendaryEnergy·
“I am willing to risk the giving up of my Rights and Privileges as a Citizen for our Great Military and Country! Our Military Patriots desperately need FISA 702” - President Trump on Truth Social today
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Glenn Greenwald
Glenn Greenwald@ggreenwald·
Trump -- who claimed (validly) that he was the victim of politically motivated spying -- is now demanding an extension of domestic spying powers under FISA 702 with no reforms: just as Obama, Biden, Pelosi and Mike Johnson demanded. Beautiful bipartisan Deep State service.
Commentary Donald J. Trump Posts From Truth Social@TrumpDailyPosts

𝗗𝗼𝗻𝗮𝗹𝗱 𝗝. 𝗧𝗿𝘂𝗺𝗽 𝗧𝗿𝘂𝘁𝗵 𝗦𝗼𝗰𝗶𝗮𝗹 𝗣𝗼𝘀𝘁 𝟬𝟮:𝟬𝟳 𝗣𝗠 𝗘𝗦𝗧 𝟬𝟰.𝟭𝟰.𝟮𝟲 I am working very hard with our Great Speaker, Mike Johnson, along with Chairman Jim Jordan and Chairman Rick Crawford, to get a clean extension of FISA 702 through the House of Representatives this week. I am asking Republicans to UNIFY, and vote together on the test vote to bring a clean Bill to the floor. We need to stick together when this Bill comes before the House Rules Committee today to keep it CLEAN! I was a victim of the worst and most illegal abuse of FISA in our Nation’s History, by Radical Left Lunatics, who lied to the FISA Court to spy on my 2016 Presidential Campaign in their attempt to RIG the Election in favor of Crooked Hillary Clinton. Their use of this instrument in the 2020 Presidential Election was even worse! When the Dirty Cop, James Comey, the failed Head of the FBI, went after me, he was using FISA Title I, the Domestic Collection, not FISA 702, the Foreign Collection, which needs to be extended today. While parts of FISA were illegally and unfortunately used against me in the Democrats’ disgraceful Witch Hunt and Attack in the RUSSIA, RUSSIA, RUSSIA Hoax, and perhaps would be used against me in the future, I am willing to risk that as a Citizen in order to do what is right for our Country. Our Military desperately needs FISA 702, and it is one of the reasons we have had such tremendous SUCCESS on the battlefield, both in Venezuela and Iran. Since the first day of my already Historic Second Term, my Administration has worked tirelessly to ensure these FISA Reforms are being aggressively executed at every level of the Executive Branch to keep Americans safe, while protecting our sacred Civil Liberties guaranteed by our Great Constitution. With the ongoing successful Military activities against the Terrorist Iranian Regime, it is more important than ever that we remain vigilant, PROTECT our Homeland, Troops, and Diplomats stationed abroad, and maintain our ability to quickly stop bad actors seeking to cause harm to our People and our Country. The fact is, whether you like FISA or not, it is extremely important to our Military. I have spoken to many Generals about this, and they consider it VITAL. Not one said, even tacitly, that they can do without it — especially right now with our brilliant Military Operation in Iran. Thank you for your attention to this matter! President DONALD J. TRUMP

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Edward Dowd
Edward Dowd@DowdEdward·
Private Credit: Enterprise value is equity + debt - cash & cash equivalents. Equity is the residual claim on a company’s cash flow and assets. In a run up to bankruptcy in public markets the equity is essentially wiped out and the debt is under duress. TCW is claiming they wiped out the equity but that the PIK debt is marked at PAR. This is laughable and if this security traded publicly it would be nowhere near PAR. This is one of the fundamental problems with Private Credit…marks that are unrealistic.
junkbondinvestor@junkbondinvest

TCW marked its Red Lobster equity down 98%. Its PIK'ing private credit loan maturing in 2029? Par Equity at zero and debt at 100 in the same company. C'mon, are you kidding me?

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Jefferey Jaxen
Jefferey Jaxen@JeffereyJaxen·
WHY IS THE COVID SHOT STILL ON THE MARKET? While America waits for the CDC to give us 'new' cancer statistics beyond 2022. A South Korean study found the following cancers significantly increased at 1 year post COVID vaccination: Thyroid cancer: 35.1% increase Gastric cancer: 33.5% increase Colorectal cancer: 28.3% increase Lung cancer: 53.3% increase Breast cancer: 19.7% increase Prostate cancer: 68.7% increase FULL STUDY: link.springer.com/article/10.118…
Jefferey Jaxen tweet mediaJefferey Jaxen tweet media
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The White House
The White House@WhiteHouse·
“China is very happy that I am permanently opening the Strait of Hormuz. I am doing it for them, also - And the World. This situation will never happen again. They have agreed not to send weapons to Iran…” - President Donald J. Trump
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First Squawk
First Squawk@FirstSquawk·
U.S. TREASURY SECRETARY BESSENT SAID THE ECONOMY WILL SLOW DOWN THIS QUARTER DUE TO THE IMPACT OF WAR.
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*Walter Bloomberg
*Walter Bloomberg@DeItaone·
U.S. PROBES POSSIBLE INSIDER TRADING IN OIL FUTURES U.S. regulators are investigating suspicious oil trades placed just before Trump’s Iran policy shifts, including billion-dollar positions minutes ahead of key announcements that moved markets. The probe focuses on volume spikes across major exchanges, raising concerns traders may have used non-public information to profit from sharp swings in crude prices.
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Liz Churchill
Liz Churchill@liz_churchill10·
The ‘Covid Vaccine’ injured…are VICTIMS OF WAR CRIMES… Murderous Biden Officials KNEW the shots were killing people and covered it up. “This was a grotesque cover up. Those in charge…completely covered up the harm being caused by the COVID injection.”
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Edward Dowd
Edward Dowd@DowdEdward·
RT @TruthGundlach: “PIK magic”: borrower cannot make interest payment. So it defaults. Lenders don’t want to admit defaults. They book inte…
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Kalani o Māui
Kalani o Māui@MauiBoyMacro·
Steve Hanke gets it. 👇🏼 “Hanke contends that it’s growth in the money supply, not price shocks like the one we’re now witnessing, that determine the overall course of the price level. “If gasoline and other oil products get more expensive, people have less to spend on rent, restaurants, and everything else,” he says. “Supply-chain disruptions only change relative prices, they have no impact on overall inflation.” It’s the explosion in the money supply he asserts, that’s the real villain. That’s just what the monetarist view predicts. “It’s commercial banks that create 80% of new money,” says Hanke. “The Fed only creates the other 20%. It’s the big surge in that banking credit that’s pushing up prices.” He adds that a rise in the money supply translates into higher prices only following a significant lag. The monetary takeoff happened over two years ago, and he’s been warning of its aftermath ever since.” fortune.com/2026/04/14/wha…
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Jeffrey Gundlach
Jeffrey Gundlach@TruthGundlach·
A bottom tier sponsor just marked down its Red Lobster equity position 98% OVERNIGHT. Oddly, that equity position was in a “private credit” fund. Disturbingly, that fund’s large Red Lobster debt holding is marked at par, even though the equity was basically wiped out OVERNIGHT. RUN!!!
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Amy Nixon
Amy Nixon@texasrunnerDFW·
I’m trying to quit coffee and I think it might be a mistake
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