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Loved loved Sag Harbor

JPM spending data. Y/y spending growth +4.8%, disc spending +6.6%, non disc spending +1.8%. Not sure their defs of disc vs non disc spending

Not sure if you see this if the economy is actually terrible

At least it didn’t have to pay the risk manager

Wait no, did that wrong. 8% of gross assets are BSLs = $6.5B, net reds = 1/4 of liquid assets. +BSLs down maybe 4-5% this qtr?

What’s interesting (crazy?) is that they had $2B of gross inflows during the quarter, so net reds of -$1.7B = 3.6% of NAV. Should be easy to meet but that’s just under half their liquid assets and I guess they foresee the net reds continuing (likely)

Remember when he told that widow her husband “knew what he signed up for?” and forgot her husbands name? You would be one of 100 people in America who do.

It’s going to be really interesting to see if their approach works (I sadly think it might). Feeling bad, expressing genuine condolences- just makes you look weak apparently.

Saying “yeah, it’s war, some of you are going to die” and the press just moves on like “yeah, whaddayagonna do?”

Part of the impetus of this post is dismay that we’ll never ever generate a Benghazi level frenzy. Don’t have the media. Don’t have the shameless politicians (at least not in same way.) Don’t have the social media juice.

The latter you *should* mean, but even if you don’t you should pretend.

The right can gin up 2 weeks of press for a fcking squirrel, you fcking idiots are going “well tbh they deserved it” about troops the incompetent evil President you hate got killed

Btw the very obvious thing for the “hate Trump” camp to do is rally behind our poor countrymen stuck in Dubai because our corrupt fascist leader illegally went to war on Israel’s behalf.

If you can’t do that, at least express horror and sadness over the military casualties.

Last qtr was 4.5%

Does no gate placate people or 7.9% panic them?

Unfortunately I do not know enough to be helpful here, good luck with your testing!

Yes. The voters are wrong. They’re stupid fcking assholes.

Reasonable people can disagree on how much they need to be catered to, persuaded, ignored, whatever.

But there’s a certain type here that only thinks certain voters should be listened to.

Trump approve/ disapprove from over 50% approval to 41% last print

Pretty amazing that after American voters put Donald fcking Trump BACK in the WH, only for like 20% of them to remember “oh wait, this guy sucks” like 3 months later, sage politics knowers on here will still do the sarcastic “am I out of touch? No it must be the voters who are wrong” shtick.

Chart of monthly HOA fees for condos and coops in NYC, big jump in 2021 and up 30-50% since COVID

Yes

Yes, it would be cheaper for them to offer 300 people free rides, and I have no idea how they would do that w/o raising serious privacy concerns (already many people are saying they will “sell the database” of people who use the code, or hand it to the state, though the state has the data already)

And it is WILD that instead of the framing being like “this will alienate conservatives and generate good will from liberals” it’s “this will alienate conservatives and liberals will be still be furious” (many such cases! People don’t have to do this!)

The thing is obviously anyone can use the code. So what they are doing is offering $10 off to anyone in KS for a week. Instead, they could provide free rides, maybe even many many free rides for people in KS who “prove” they are trans to Lyft, I don’t think that would be a popular (or good) idea!

Thinking of you Kamil! “Stay safe” is trite, but I do hope you and your family stay safe and this ends soon ❤️

Worst part is Maya didn’t order food I like 😒

Aren’t all the addresses in an app???

There’s no way for me to inform UberEats that Maya is not getting her Thai food.

Ordered UberEats. Delivery person hands me my bag and a bag for someone else from a diff restaurant, but no legible address. I hand that back and tell him “no, not mine someone else’s, check with UberEats.” Close door, hear rustling outside; he just left it outside my door lol.

Also, I’m a nobody shtposter with like 37 real followers and I will almost always do a quick sanity check of someone’s TL before I QT, no matter how anodyne the actual post is. So, people do have time to do this.

I’m sure they and everyone here would be thrilled if every Dem came out and said in unison this war is bad because “Americans want relief from the affordability crisis.”

Very funny that people are like “lame Dems are going to write a ‘strongly worded letter’ when what they need to do is IMPEACH!”

Right now a resolution to impeach is a strongly worded letter. Possibly even more toothless than a letter.

Lmao

There was a Bberg headline about potential crackdown on ETFs designed to avoid taxes and I had a moment of panic but phew… it was about the 351 funds

Interesting bc the tape *feels* fcking terrible right now.

Chart of SPX index which has barcoded in a very tight range ytd

2 months down and nothing to show for it