Macronin
@macronin1
Risk taker not influencer. Not advice. HF guy and a *gulp* fintech founder. Some clown got to macronin first.
Porsche selling nostalgia probably means we’re in the long decline of European and ICE auto manufacturing. Can’t compete with the Chinese? Remember when they weren’t there.
While this might have been the case prior to Covid, it is no longer true. www.weceurope.org/uploads/2025... Only Ireland and Lux exceed the US now, per hour worked on a GDP basis. Much of that effect is due to foreign offshoring of profits. Don't know this source, but roughly ties with ECB data
www.maptap.gg May 23 100🎯 97🔥 98🔥 100🎯 98🎯 Final score: 987 Caution, nerd alert…
Queue shithead response from HF reply-guy. "Katie, were you looking at the 1/8 of '61, AKA the 'Kwasi' by any chance?" Down a casual 75% since 2021...
Why does the UK have twice the number of disabled people as Germany? Incentives my dear boy, incentives. The system must be changed. Not for fiscal reasons, but out of fairness.
So, I attempted to write a tongue in cheek response, which I gather was labelled "rude". Perhaps in keeping with my apparently normie-by-punkish quadrant...
Bad forecasting, redux. I don’t have an issue on applying VAT to schools, though in principle taxing high multiplier activities like education reduces total tax take and doesn’t increase it. The benefits from having a higher number of motivated kids in state schools may be an offset.
GTA game developers ($TTWO) need to figure out how to incorporate these weird Dulles buses into a game pack.
Saw this on the other site, which frankly is just way better at memes / humour. Their tag is Gandalv for credit.
Sort of interesting that at the moment rates, equities, and commods are all starting to price a material reduction in growth. i) Reals tighter ii) NDX < SPX iii) Many commods getting hit. One of the best stagflation stocks I can think of (KO) has had a very good run.
Wondering if pubmed needs to include some tweets as examples. The other place is starting to look like a scene from Scarface.
USD performance of being long UKX vs SPX. So, UKX has sucked. But more importantly, the total return for holding it over the last year has been just over 5%. First chart is vs SPX. Second is vs rolling t-bills. Not great for taking equity risk. Source: Bloomberg.
Liquidity does correlate with a lower risk premia, all else equal. The primary driver of the UK's under-performance is primarily driven by the index, because passive has become the marginal provider of capital in the last 10 years.
Terrific article from Andy Haldane. Social capital has been massively underinvested in the past 50 years and we are feeling the fallout. IMHO some Silicone Valley ideals may have accelerated that deterioration.
The Franklin Trail. Speaking about the SBS. “They have no known graves. Their average age was 23. Think on that, as you stand here in freedom.”