I could talk about the FTX collapse for hours on end. But there's no time! Here's the whole awful glorious mess crammed into 99 seconds.
#FTX
#FTXCRASH
#MelonHead
Chanpeng Zhao isn't the good guy here. I could go on for hours about how he's just another snake in the crypto grass...But there's no time! So here's why CZ isn't the good guy in 99 seconds
#FTX
#CZBinance
#MelonHead
Randos vindicated? 🤔Mainstream press finally picks up on Nvidia's round-tripping their own cash through 'strategic investments' in their own customers to create the appearance of organic revenue growth. Nobody saw this coming. $NVDA
#Rando
#Coreweave
There's something very suspicious about Nvidia's earnings and their big client nobody's ever heard of: Coreweave.🧐 Thank you to
@SamanthaLaDuc
for taking the time to talk about it! $NVDA
#AI
#Coreweave
Hyperscale Nexus is buying $1B worth of Nvidia GPUs. Best case scenario, it's a pump & dump. Worst case scenario, a money-laundering front for an international drug cartel🤯
All sources in 🧵below:
$AMMJ $NVDA
#ArtificialIntelligence
#HyperscaleNexus
#Rando
Today's 30yr Bond Auction was an unmitigated disaster and a major bank in China was just hit by a ransomware attack locking them out of the US Treasury market 🫣
First Republic wasn't really a bank after all. It was a pig trough full of interest-only mortgages for Wall Street execs in The Hamptons and Beverly Hills. Now they want to socialize the losses.
#FirstRepublicBank
$FRC
Am I the only one who finds it creepy AF that all these firms that are walking away from Non-Recourse CRE loans, sticking small banks & pensions with the losses, are simultaneously stockpiling cash to buy back the same buildings for pennies on the dollar?🧐
"Brookfield began raising money for its new $15 billion real estate fund last January...An initial closing was expected in July 2023...In December, the company said it expected to complete the first close shortly with total commitments of about $7 billion"
cc:
@JG_Nuke
Databrick's says GPU prices are about to plummet📉. UBS says $NVDA GPU lead times have "come in substantially." They raised their price target anyway🤦♂️
Coinbase spent $14 million to demonstrate that their site is unreliable in front of an audience of 100 million viewers. I'm sure your money is safe there though.
WTF is the FDIC doing maintaining a controlling interest in thousands of rent-controlled apartment buildings all over NYC?🧐$NYCB
#CommercialRealEstate
h/t
@m3_melody
Kirian Van Hest aka
@DesoGames
has found something incredible. Every single bond inside the largest Mortage-Backed Securities ETF has been downgraded and Nobody is talking about it.
#MBS
#housingmarket
The outflows from $SLV are encouraging. Every dollar that leaves that fund reduces the ability of JPM to suppress silver prices. Buying $PSLV actually takes 1,000 oz bars off the open market and directly effects price.
FT published an article titled "Sell Nvidia" referencing an analyst note that seemingly vindicates my theory that $NVDA is round-tripping their own $ via "investments" in their customers. Suddenly none of my
#Coreweave
videos will play here on X🧐🤔So here's Bill Murray instead.
Yesterday a whistleblower winds up dead right before a scheduled deposition, and today they're caught destroying evidence.
Seriously, just what TF is going on at Boeing? $BA
BREAKING: Boeing overwrote surveillance footage from the repair facility where a door plug was reinstalled ahead of the blowout on an Alaska Airlines flight earlier this year, NTSB chair says
You won't hear anything about this on CNBC or Bloomberg while they're busy gushing over the "strong labor market." Shout out to
@FrogNews
for catching this one yesterday.
#jobs
Six months ago. It was all there 6 months ago and I know they all saw it. Most ignored it. Some laughed at it. They all told you to buy more. Nothing has changed. Now they say it like it was their idea. $NVDA
@RiskReversal
ON
@CNBCFastMoney
TALKING ABOUT THE
@FT
ARTICLE “SELL NVIDIA” DOCUMENTING HOW $NVDA HAS BEEN INVESTING IN COMPANIES THAT HAVE BEEN TURNING AROUND AND PURCHASING $NVDA CHIPS & JUICING $NVDA ‘S EARNINGS.
@WallStCynic
🫡
What CNBC won’t admit is that there is no energy transition. After decades and trillions of $ worldwide We remain hopelessly addicted to fossil fuel. The only “transition” is poor people going from having energy to not having energy.
#WEF
#TeamThanos
#ESGKills
Blackstone's tower at 1740 Broadway in NYC is down 71% and still no buyer. The lender won't even foreclose & is instead trying to sell the debt at 50 cents on the dollar. Nobody wants this building!🏙️🔥
#CMBS
#CRE
Germany refuses to allow booting Russia from SWIFT so they can keep buying Putin's gas. At the same time the US is sending thousands more American troops to protect Germany.
Let that sink in.
We might have our first bank failure of 2024 incoming.
And the OCC proposing a new rule to wave margin requirements for big banks in periods of “high volatility”
Wonder what they’re worried might cause high volatility 🤔
I’m sure their hundreds of trillions of dollars of…
Open call to financial press & keyboard warriors slamming the
#Coreweave
story: who has a plausible explanation for this network of 20 Shell Companies
@Coreweave
Execs set up in the Cayman Islands while trading carbon credits? Link below for anyone willing to look.
#Rando
The Coreweave series just got the "Green Bar" treatment at
@MarketWatch
. Although instead of addressing a single issue raised in the videos, they chose to attack
@SamanthaLaDuc
personally. Marketwatch also did not request a comment from me before running this.🤔
Javier Milei just went full Ricky Gervais on the World Economic Forum! There's nothing quite like watching a Libertarian piss in the collectivist's cornflakes on their home turf!🤣 Viva La Libertad Carajo!🤘
Hyperscale Nexus is buying $1B worth of Nvidia GPUs. Best case scenario, it's a pump & dump. Worst case scenario, a money-laundering front for an international drug cartel🤯
All sources in 🧵below:
$AMMJ $NVDA
#ArtificialIntelligence
#HyperscaleNexus
#Rando
Another bank has failed! This time it's Citizens Bank of Sac City, Iowa. But the reason why will surprise you.🚚🧐
h/t
@bank_reg
for a fine bit of timely DD on this story.
$NYCB is imploding, down another 15% this morning. Take the time to watch this video because they're about to do it all over again!
#FDIC
#commercialrealestate
WTF is the FDIC doing maintaining a controlling interest in thousands of rent-controlled apartment buildings all over NYC?🧐$NYCB
#CommercialRealEstate
h/t
@m3_melody
Pharma Bro Martin Shkreli is a
#Coreweave
customer and says I'm an idiot for being suspicious of the company. He thinks he's helping🤣
@wagieeacc
#AIMania
Reverse Repos now under a trillion and on pace to hit zero mid Feb. With the MBS market smelling like SBF's beanbag chair🤮 my guess is the draw down will only speed up from here.
CRE firm Vanbarton just bought this building from themselves at short sale for $20M less than they owed on it🤔 The lender is left holding the bag and it's all entirely legal!🤯
We interrupt this stock bubble to remind you that pretty much every building in the world is losing half it's value or more. Now back to your regularly scheduled FOMO.
$ABR - Distress in CRE CLO Loans Surged 480% in Last Year, Report Says. Arbor is in significant distress. Here's data from
@cred_iq
. Multifamily stats included. Viceroy are working on a way for investors to verify our data. Stay tuned...
Um. WOW.
“Chinese property developer Evergrande faces imminent liquidation after its overseas creditors failed to reach 11th-hour deal this weekend to restructure sprawling real-estate company”
Remember China’s financial system contained & controlled.
cc
@ChinaBeigeBook
@WSJ
@JerryDunleavy
So
@jack
will Rolling Stone now lose their blue check and get censored for Covid misinformation or does their political leaning grant them ‘natural immunity’ to your censorship?
Can anyone tell me what the common denominator is between Carbon Credits, Crypto, and shell companies in the Cayman Islands is?
#Coreweave
The press is telling you not to look.
#Rando
Is anyone surprised to see a Silver chart like this on a day where a "Criminal Enterprise" was allowed to break the law by growing beyond the financial sector concentration caps in Dodd Frank?
#JPMorgan
Whether real or not, the SEC tweet about a Bitcoin ETF approval showed us that major market players intend to sell the news. Bitcoin may end up giving back most of this rumor rally by the time this circus is over.
Shocker: The government is lying to you about debt delinquency🤯Ok, maybe that not really shocking at all, but this lie is a big one and it's manipulating the entire data set lower!📉
#StudentLoans
#Delinquency
@SHAQ
All players taken in their prime:
1: Magic
2: Kobe
3: Lebron
4: Shaq
5: Wilt
1, 2, and 3 were no brainers. I struggled with the 4 and 5. Ultimately Shaq's power and foot speed in his prime landed him a solid 4. Since I had to pick a 5, went with Wilt over Kareem.
Now a small Japanese bank is seeing it's shares crushed by losses in US Commercial Real Estate. That's two banks in less than 24 hours🚨
Are we calling this a crisis yet?🤔
The facade of the socially-awkward, misunderstood genius was never real. These people aren't smarter than you. They're just unbeleivable scumbags with rich scumbag parents.
#SBFTrial
I found the true identity of
@stevenr_lewis
🥸. He's the fake CEO of crypto fraud HyperVerse which stole $1.3B from unsuspecting investors last year. Smile Stevo, you're famous! 📸🫣
#hyperverse
@ThHappyHawaiian
@Black_Pilled
People celebrating diversity haven't thought enough about what they're doing. The very root of the word is division. It breaks people apart and keeps them separate. Our diversity only became a strength when we learned to set it aside.
The buzz word should be unity.
Literally everything inside the largest Mortgage-Backed Securities ETF has been quietly downgraded. How is this not making news? Amazing catch here by
@DesoGames
. $MBB
MASSIVE ALERT!
THE ENTIRETY OF $MBB HAS BEEN DOWNGRADED FROM TRIPLE A TO DOUBLE A! CREDIT QUALITY MATTERS AGAIN!
Don't know exactly when, but here's a screenshot of the current page and from my files (April 14th 2022).
CC
@goldsilver_pros
@JG_Nuke
@SullyCNBC
@WSJ
EVs are piling up a dealerships nationwide and their prices are being slashed and yet we're sucking liquidity out of the bond market to subsidize construction of factories so we can make even more cars people clearly don't want. Oh and the grid can't keep them charged either. 🤡
The evolving MMT Narrative on inflation over the last 11 months:
1. There is no inflation
2. Inflation is low
3. Inflation may run hot
4. Inflation is temporary
5. Stop complaining, you can afford it
6. Greedy Corporations shouldn’t be raising prices
I will admit, this chart worries me.
Personal interest payments (blue) now exceed wages (red) for the first time - indexed to 2007 -
H/t
@SuburbanDrone
@disclosetv
People do understand that he’s a Doctor, right? Like - a real one. Not a PHD in gender studies…I mean a bonafied “how we feelin today” kinda Doctor. That matters, no?
Blackstone is dumping tens of billions of toxic Commercial Real Estate Debt into teachers' pensions all over the country. Why are
#teachers
retirements being used as exit liquidity for bankers who made stupid investments in CRE?
#blackstone