
Jack D Bridges
@rocker_jdb
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Allocator, ex-photog, part-time useful idiot
Chicago
Joined June 2009
Um, what am I missing here? Diluting Peter, to Buyout Paul. Who's the smart money here, kids? #FinancialEngineering
http://t.co/SVVRJ3UVvg
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Really hoping this #FirstBrands rubbish is not the start of another Reserve Fund "Do I really have to inspect all the paper in my money market" episode. Time to start reading about where more private credit bodies are buried...ugh.
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For investors who follow $KEWL, this isn't good news. But, never fear, the geniuses running the show in DC will likely fill in this $50M infrastructure gap somehow. Remember: "We don't like the federal government, unless it's paying my cap-ex for me & my investors." #Copper
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Recording the evidence that will be used against them in civil & criminal lawsuitsā¦brilliant idea! #GoHomeICE
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For those not fooled by the incredible stupidity: Rebranded hate is stillā¦hate. It just comes in an even trashier wrapper now.
For decades, the Anti-Defamation League and Southern Poverty Law Center have shaped America's understanding of hate. MAGA leaders ā backed by the Trump administration and Elon Musk ā are now trying to strip them of that influence.
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But, back to Argentinaā¦the election is in 25 days. The Bessent bounce was faded hard. With the Peso in quicksand, itās going to be tough to hold the Sept. lows in ADRs. $BMA $PAM $YPF $GGAL Iām looking at you guys.
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Weāre seeing the re-test of the lows right now in ARG assets. A few politicians figured out it was politically dumb to help a foreign ally while your own farmers canāt export a bean (America First, but after Argentina!) China is still laughing at all of these cucksš¤£
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A point I'm sure @StephenKing is proud of (as he should be!). The current administration would try to ban even more of his workābut first, they'd have to discover what a 'book' is.
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Regulator endorses fraud...well done, @SECGov! Good luck auditing anything in a world choking on tokens...
SEC PROPOSES A NEW PLAN THAT WOULD ALLOW CRYPTOCURRENCIES TO ACT AS REPRESENTATIONS OF COMPANY SHARES, ACCORDING TO REPORTS.
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What is happening to our country? How can anyone be ok with this?
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Yes, trust the same brilliant minds that raised your prices, deported your labor force and wrecked your export market share. But, maybe since you voted for it 2x already, you're just happy for another bailout. FFS.
Will tariff revenue save farmers? Trump promises tariff revenue aid as Agriculture Secretary Rollins details a five-point plan to address farm economy woes, including relief payments and input cost reduction.
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Blowing your self up just to get that extra 3-5% Remember Tom Lee during 2008? You shouldāheās lucky he still has a job at allā¦
Fundstrat's Tom Lee "It's helpful to look at the S&P compared to its 200-DMA. The current number is at +10% above, but that's not when we've seen local tops. We've generally seen local tops when this number is somewhere between +13% and +15%; that would imply 6,950." $SPX $SPY
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This is one of those things that sounds smart on the surface but is terrible risk management in practice--especially in certain asset classes. Trading isn't about risk. It's about risk v price. Most of the best trades of my career came from stepping into situations at great
If your risk management allowed you to touch Argentina paper after their serial defaults, fire your risk management. Portfolio mandates!
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"W. Faulkner was a jackass. Fired as a lazy Postmaster in Mississippi, who golfed more than he "worked,' he's among the most overrated writers in American history." --Anyone who's suffered through Faulkner
Quote of the Day - āThe best fiction is far more true than any journalism.ā ā William Faulkner
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