J. Bishop

@TSA can I bring sealed 4 ounce medicine through TSA? For carry-on?

@biancoresearch I liked what one RE podcast guest said. PE has gorged on low rates in many of these suites of properties. How can they take rents down and provide an exit for investors? They can’t. They provide off-balance sheet incentives for renters which never turn up in the OER surveys.

9/11 However, we would argue above is the wrong calculation. The next chart uses the same measures but shows their cumulative gains starting in 2015 (ApartmentList Index is excluded as it did not start until 2017). We believe the cumulative chart is a better metric. It worked well to explain OER and RPR from 2015 to 2021. However, OER and RPR have significantly UNDERSTATED the cumulative rise in housing inflation since early 2021. So, OER and RPR have to “catch up” to the market measures by staying “sticky” as the gap to Zillow and/or Case-Shiller closes. We saw this with the January measure of OER and RPR when both monthly readings jumped to 0.6%, from 0.4% in December.

1/11 For a day and a half, the narrative around inflation has been desperate to tear down the January CPI report. I believe this is wrong, and the economy is "no landing," and inflation has already bottomed (or very close to it) around 3% to 4%. This is a problem for the bond market as it suggests that the neutral funds rate is 4% to 5% (explained below). This means the Fed has not broken anything and is not that restrictive, which is why the economy is "no landing," and inflation is sticking around 3%. A long-ish contrarian🧵to explain and push back against the consensus thinking.

1/5 The 10-year yield combined two-day rise (so far) is 29 bps (rounded, bottom panel). This is the second-largest two-day rise in yield since the Fed started hiking in March 2022. Only June 14, 2022, the Fed meeting when they hiked by 75 bps, the first of four consecutive 75 bps hikes, saw a bigger two-day move. Why? 🧵

Coinbase vs SEC Court Hearing LIVE twitter.com/i/broadcasts/1…

@ColossalTrader Catch that pullback on the AM session on 11/29? Would be curious at what point you entered.

NQ execution will be explained on YT later on today

@ColossalTrader Nice. Watch the 20Y auction today.

Nice slaughter on NQ today 🥷🏾🔥. Trade fully recorded. You will see me flip from sell’s to buys like a light switch

@ColossalTrader Some days the MMSM is just so much simpler to execute.

youtu.be/6XPQarDL1kM?si… Mid market review

@ColossalTrader Oh man you took some heat. Good job turning it around. Rejection from that NQ volume imbal... at least for now.

I have to admit I did fuck around a lot on the MIni NQ chart. Took a couple of losses. Recouped those loses + more as we approached PM session. Ended up profitable for the day on my Topstep combine challenge. Charts closed 🥷🏾💨

@ColossalTrader That position will be up today. MM22

I have a million dollar put on S&P500. Expecting that we get to 3950 before EOY. 🤫🤐

@DanDowdTrading Looking forward to it. Did you take the 2:46 entry today in NQ? Can you cover that...?

New YT video tomorrow This one is good : ) It is the missing piece for a lot of ICT traders.

@ColossalTrader Nice short into that 10/19 level

Interested to see what this 10am news brings

@ColossalTrader MM22

1- 2 combo we put 💪🏾☀️

@ColossalTrader Nice K!

@michaeljburry Not too short

@TruthGundlach Hate seeing this!

Tragedy in Cincinnati.

Pretty sure Taylor Swift concert tickets are a security under the Howey Test as applied by Gensler’s SEC. All sold out in presale and you can sell a $200 for $4000 on the stubhub exchange. Sold to support building the platform for the concert.

BREAKING: @eIonmusk has been suspended

Selfish morality:

1/ On 31 March, the EU Parliament will vote on its proposal for a new crypto surveillance regime. The proposal is anti-innovation, anti-privacy, and anti-law enforcement. Make your voice heard and contact your member here: p2a.co/coinbase

Stocks down, inflation up, gas up, wheat up... the American consumer is fucked.