📌 The million-dollar question: What's going on with the ISM? We see an uptick in small businesses' YoY sales growth. The business cycle is gaining momentum, reinforcing the idea that the ISM is in the process of bottoming. *from @BittelJulien and @RaoulGMI's Macro Investing

This is the playbook. Critical knowledge you won't find taught at our universities and schools. Masterclass from @BittelJulien @RaoulGMI

Ignore the noise. Higher…

Macro Summer in beginning to take hold and should last at least for the rest of 2024 and into 2025. 2 yr yields have formed a large top with a potential objective to 2.5% 1/

It is really not that complicated. Dont Fuck this up BTC edition.... 1/

ETH still looks a lot like a #Bitcoin 2023 redux. Maybe a tad lower from here, but it feels like we’re closing in on a major bottom… A bit more patience should pay off.

“The path of most pain is usually where markets go...” Founder of @PanteraCapital, @dan_pantera & @RaoulGMI join forces for an in-depth look at the state of crypto, macro and how they see things unfolding. Spoiler: Dan thinks the low in #crypto is likely in...

Using an ATM in Europe to get EURO, crushed by a nearly 20% FX+fees. God we need mass market stablecoin wallets and crypto FX markets. $USDC / $EUROC

My latest Raoul's Adventures in Crypto is out. A great Crypto is Macro discussion with @TimmerFidelity who is one of the best is the space. Definitely worth your time and its free on RV Crypto. https://t.co/Z4pa5f862c

Adjusted EBITDA GAAP EPS

Haha love this 😅🍌🔊

A @BoredApeYC on the @tomorrowland main stage. We are just getting started! 🍌🔊

Loaded up with Banana Beats to rock the @tomorrowland main stage Tonight! 🍌🔊

LFG!! @aperaveclub making history! First Bored Ape on the @tomorrowland Main Stage!

Growth Implosion - Brace! Ok, whirlwind chart tour of why I think the economy is on the edge of a cliff and what it means for assets.... 🧵 Regional Fed Serves are suggesting ISM gets down to near 50 (more data to come this week). ISM means low growth but <47 means recession.

There is a HUGE drop coming in ISM in the next month or two. Something gIve been warning about...ISM in Blue, Phil Fed in white...Phili Fed is pricing ISM at 44. Full recession.

Bitcoin is hovering just above its December 2017 high four and half years later. This is the longest period that bitcoin has been flat. The flip side is that anyone who has held bitcoin for over 4.5 years has made money. I discuss the markets: https://t.co/F5q70gBc84

If you don't have enough dry powder for the next bull run, fastest way to get started is to hit up one of the centralized lending desks for a 10-figure loan.

The Dollar Wrecking Ball is in full swing... The $ vs the Chilean Peso, for example... 1/

My working hypothesis is that the US economy cant take real rates above the regression channel and that the average (or fair value) of 5 year real rates is around -1% (150bps lower) due to debt and demographics. 1/