Kara Sıçan🏳️‍🌈🎋

The Tinder-ization of the job market Why nobody's getting hired in a "good" economy

I have a new piece in The Argument.

We haven't (yet?) seen AI affect the labor market by increasing number of people who are unemployed - but there's reason to believe it's contributing to a stagnant labor market by making firms less willing to hire.

www.theargumentmag.com/p/the-tinder...

An important thing to realize about the Supreme Court's tariff decision is that the conservatives who ruled against Trump are convinced they are doing him a political favor by doing so.

everything else except equities have been trying to price an attack on iran

ES price action makes me wanna buy 5000 puts and shoot myself in the head at the same time

I feel like there is a window for indices to go down but is there a chance of SCOTUS actually shooting down tariffs at 20-24-25?

the game is rigged, act accordingly.
their 52-48 is a mandate to build a regime while you can’t appoint people from your own party if you win with only 52-48

Good point. I still think Powell should stay as governor

tbh the real question is why the dollar is only down 10% considering the sh*t they throw out daily

Gee. Shocker. #Krasnov leaks critical info to his Daddy, Putin. I'm so shocked. 🤦‍♀️

At least China acts according to its economic interest, which you may guess reasonably well when dealing with them, instead of cannibalizing allies over memes like the US.

Hassett was the most charlatan of the potential candidates so this should be dollar positive but when did the market even sell on this sh*tshow. It was only this monday when they attack Powell and USD closed green.

during the dotcom run up, markets had multiple 15% corrections almost every year. we’ve only had 1 in 14 months, and that was because the president of the united states said, “well what if I brought the global economy to a screeching halt?”

90 percent of anything Trump says about stuff outside his core obsessions is whatever the last person he spoke to told him about it.

You guys. The Lisa Cook story isn’t about her mortgages. Please please please stop being so credulous.

an immaculate repricing of duration

I don't remember who it was, but a couple months ago someone on tv said bessent, trump, and powell all want stock prices to be lower

First winner in 75 sessions/105 days

I think wealth effects are still small but market pinned to ATHs holds up the general confidence

👈this guy doesn't touch equities/indices anymore

The extraordinary life and mysterious death of a carbon credits broker How an Italian fugitive used diplomatic immunity to work with Dubai royalty and Liberia’s fallen hero

I’m glad this extraordinary tale by @kenzabryan.ft.com is finally out. The carbon credit business is a LOT more interesting than I thought… on.ft.com/4lqMZMV

tbh I wouldn't have expected new ATHs this year even with a full tariff rollback

If I had a chance to switch lives with someone else, I wouldn't choose a gifted artist, an athlete or a true ladies' man. I would have chosen to be a perma-bull.

ES down 7pts (multi-generational buying opportunity)

i mean they really love buying stocks

I still can't believe the amount of sh*t you need to throw to this market to make it lose just a single level. We also had tariff stuff today btw

Used to think that not running positions longer was what held me back. This sh*t is way worse.

I have rabies, but instead of the inability to drink water, I am unable to take profits. I just can't.
I haven't taken a profit once for 3 months, just stops and scratches. Fully aware how retarded is that but I just can't. Like a body part not responding.

I think this episode shows how much the 0dte tail wags the ES/SPX dog. Multiple news outlets say Israel will attack, the US say so too, then Israel itself reconfirms it...but the market closes at highs because it falls to tomorrow or the weekend, not today.

tbh they fade market reacting to *anything* negative

trump

Trump put in USD