Special Situations ๐ŸŒ Newsletter (Jay Singh III)
The IMF operates with a 2x lag

*IMF CUTS US 2022 GDP GROWTH FORECAST TO 2.3% VS JUNE EST. 2.9%
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Offshore
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
Volatility in bonds and equities has been moving in opposite directions over the last 4 weeks! While the MOVE Index (treasury vol) has been increasing, equity volatility has been declining/rangebound. The MOVE's premium over the VIX has widened this month to the most since 2009. https://t.co/1xuAytagHD
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
RT @jfahmy: I'll be on Spaces tonight at 7PM EST talking markets and taking questions with the super awesome @bclund @PatternProfits @MomAngtrades and @SpecialSitsNews. Here's the link to join: https://t.co/3yayWDClCw
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
For anyone that has been duped by a fake CPI release, please see below from the BLS:
https://t.co/AAka6DFBLN
Weโ€™re aware of a fake CPI release image circulating on Twitter. It is a fake. Stay tuned for the real CPI release tomorrow at 8:30 AM ET. - BLS-Labor Statistics
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MastersInvest.com
โ€œI was recently involved in a situation where projections were a part of the presentation. And I asked that the record of the people who made the projections, their past projections also be presented at the same time. It was a very rude act.โ€ Warren Buffett
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MastersInvest.com
RT @iancassel: When stocks drop for 6-12-18 months you lose your enthusiasm for turning over rocks. You would rather hide under one. Iโ€™m not immune to this either. But itโ€™s important to push forward. Tomorrows winners are right here waiting to be found. They might already be in your portfolio.
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MastersInvest.com
RT @honam: 1st time in 26+ yrs posting for a job on @altosvc investment team. To increase diversity, wanted to cast a wider net. Oppt to join a small team that manages $Bs AUM on behalf of some of the largest LPs in the world focused on education and philanthropy. https://t.co/xDwyI6jznb
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Ensemble Capital
In a bear market, it is comforting to own low beta stocks. But keep in mind that these stocks as a group have performed terribly during periods of rising interest rates. There's always something to worry about, even with seemingly "safe" stocks. https://t.co/a55x3Cv15B
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Read Rust
RT @rustlang: We want to say farewell to @ag_dubs and @aidanhs, who are stepping down from the Core Team to focus on their future efforts. Thanks for all their contributions! โค๏ธ https://t.co/612rS9FEoH
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Read Rust
RT @rustlang: We just released rustup 1.25.1, fixing a regression introduced in yesterday's release. Check out the details on our blog: https://t.co/Vasw7vZV01
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
Twitter $TWTR Sues Musk in Chancery Court of Delaware After He Tries Backing Out of $44 Billion Deal - more to come on this... https://t.co/HfPFXPmU3o
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
"Investors" on #fintwit who think Musk is going to shut $TWTR down if he is forced to buy it are completely clueless. So Musk is going to light $33bn of his own equity net worth on fire? Not to mention how much free publicity/marketing Musk gets on this platform..

Common sense..
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Special Situations ๐ŸŒ Newsletter (Jay Singh III)
Oil prices down almost 10% today (including after-hours) after API report $USO $UCO (EIA tmrw). Not only did crude builds surprise, Gas & Diesel saw builds.

API reported US crude inventories up 4.762m bbl last week.
(in bbl)
Cushing: +298k
Gasoline: +2.927m
Distillates: +3.262m
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