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Jim Bianco
@biancoresearch
Macro investment research at biancoresearch.com Our total return index is at biancoadvisors.com The ETF WTBN tracks our Index. biancoresearch.eth
Chicago, IL
Born October 11
Joined September 2010
Posts
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    Supposedly Twitter has lost 90% of its staff (7.5k to 750). The fear is this app stops working soon. Or is the real fear that it does not and it sends a powerful message to the rest of Silicon Valley, and even all of corporate America, about true staffing needs?
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    Something has broken tonight in the bond market. We are seeing a disorderly liquidation. If I had to GUESS, the basis trade is in full unwind. Since Friday's close to now ... the 30-year yield is up 56 bps, in three trading days. The last time this yield rose this much in 3
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    Cook refusing to leave puts the Fed in a difficult position. If they allow her to continue with her duties as Fed Governor, starting this morning, and the courts find that the President does have the authority to fire her, even if it's months later during an appeal, anything she
    Just received this statement from Lisa Cook, via her attorney: "President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so.  I will not resign. I will continue to carry out my duties to help the American economy as I have
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    The current state of the housing market
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    Lots of really bad takes about SVB. Let’s try and correct This is not a solvency crisis like 2008. Bad loans or poor investments were not made. Money was not lost. So, everyone is going to get their money back. (And please no takes about no interest rate hedging.
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    The world needs an inverse Cramer ETF more than it needs a spot BTC ETF.
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    The Fed updated their balance sheet ... now ~two-thirds of QT has been reversed.
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    1/6 Bonds are getting crushed again today. Now it looks like selling is coming from foreigners, especially Europe. China is believed to hold several hundred billion of US Treasuries in legal entities in Belgium and Luxembourg. 🧵
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    This was the moment we should have gone long Zelensky
    Jimmy on Ukraine’s army - Feb 22 “Their army is going to be overrun within the first two hours”
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    On @BloombergTV now, Interactive Brokers Chm Thomas Peterffy said regulators/brokers agreed that restrictions on trading because they believed the short squeeze would keep "going and going." So they had to "stop the losses." Stop the losses for whom, Thomas? Who was at risk?
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    Exactly one month ago. $MSTR - 32%
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    Not every recession is led by a 50% rise in crude. But every 50% rise in crude has led a recession.
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    This really is a good explanation of banking.
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