Special Situations 🌐 Research Newsletter (Jay)
Russia Cuts Rates Below Pre-War Level in Surprise Move
-Massive 1.5% cut in rates on Friday and will consider further reductions in 2H22
-Slower price growth & ruble gains allowed for easing
-Economy is shrinking after sanctions imposed over Ukraine war
tweet
Russia Cuts Rates Below Pre-War Level in Surprise Move
-Massive 1.5% cut in rates on Friday and will consider further reductions in 2H22
-Slower price growth & ruble gains allowed for easing
-Economy is shrinking after sanctions imposed over Ukraine war
tweet
Special Situations 🌐 Research Newsletter (Jay)
Snap sales and guidance wiped $76 billion from social media stocks overnight $SNAP $META $TWTR $PINS $GOOG
Snapchat parent plummeted 30% in pre trading. Meanwhile, Facebook parent Meta Platforms Inc. fell 4.8%, Alphabet (Google) declined 2.8%, and Pinterest sank 7.1%
tweet
Snap sales and guidance wiped $76 billion from social media stocks overnight $SNAP $META $TWTR $PINS $GOOG
Snapchat parent plummeted 30% in pre trading. Meanwhile, Facebook parent Meta Platforms Inc. fell 4.8%, Alphabet (Google) declined 2.8%, and Pinterest sank 7.1%
tweet
Offshore
Photo
Alex Brogan
The Great Temptation
We haven’t found aliens yet, so what if extraterrestrial intelligence has a deep tendency to be self-limiting or even self-exterminating?
Like getting obsessed with computer games or virtual reality instead of worrying about reproduction.
@h/t primalpoly https://t.co/FsmOMBn3m6
tweet
The Great Temptation
We haven’t found aliens yet, so what if extraterrestrial intelligence has a deep tendency to be self-limiting or even self-exterminating?
Like getting obsessed with computer games or virtual reality instead of worrying about reproduction.
@h/t primalpoly https://t.co/FsmOMBn3m6
tweet
Special Situations 🌐 Research Newsletter (Jay)
Typical home sold during 4 weeks ending July 17 spent 19 days on the mkt, one day longer than last year. That’s according to a new report from $rdfn, the technology-powered real estate brokerage.
First time in 2 years median time on market has posted a y/y gain. Will get worse
tweet
Typical home sold during 4 weeks ending July 17 spent 19 days on the mkt, one day longer than last year. That’s according to a new report from $rdfn, the technology-powered real estate brokerage.
First time in 2 years median time on market has posted a y/y gain. Will get worse
tweet
Offshore
Photo
Compounding Capital
$VZ and $TMUS encroaching even more aggressively on cable with FWA net adds ramping.
Assuming $TMUS comes in around 400K FWA net adds, that's 650K total FWA net adds in 2Q 2022.
Cable used to add about 500K HSD subs in 2Q pre-COVID. https://t.co/eE3953a6f9
tweet
$VZ and $TMUS encroaching even more aggressively on cable with FWA net adds ramping.
Assuming $TMUS comes in around 400K FWA net adds, that's 650K total FWA net adds in 2Q 2022.
Cable used to add about 500K HSD subs in 2Q pre-COVID. https://t.co/eE3953a6f9
tweet
Special Situations 🌐 Research Newsletter (Jay)
US PMIs crashing, just like Europe. Forward indicators for 3Q22 earnings:
-US July Flash Composite PMI 47.5 vs 52.3
-Employment falls to 54.7 vs 55.7 in June
-Output prices fall vs prior month
-US S&P Global July Services Flash PMI 47; Est. 52.7
- BIG MISS Range from 51.5 to 53.1
tweet
US PMIs crashing, just like Europe. Forward indicators for 3Q22 earnings:
-US July Flash Composite PMI 47.5 vs 52.3
-Employment falls to 54.7 vs 55.7 in June
-Output prices fall vs prior month
-US S&P Global July Services Flash PMI 47; Est. 52.7
- BIG MISS Range from 51.5 to 53.1
tweet
Offshore
Photo
Special Situations 🌐 Research Newsletter (Jay)
$TLT baby, munis @JLinWins https://t.co/FLyVmJX2pB
tweet
$TLT baby, munis @JLinWins https://t.co/FLyVmJX2pB
tweet
Special Situations 🌐 Research Newsletter (Jay)
The “right thing to do” at the moment is to have stronger cash levels and take advantage of higher relative rates in the front-end of global curves, said Jerome Schneider, head of short-term portfolio management and funding at Pacific Investment Management Co.
tweet
The “right thing to do” at the moment is to have stronger cash levels and take advantage of higher relative rates in the front-end of global curves, said Jerome Schneider, head of short-term portfolio management and funding at Pacific Investment Management Co.
tweet