Steve Hou
@stevehou0
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Quant Research @Bloomberg, opinions my own. Perpetually curious, but also "incredibly unsophisticated" (according to Chamath Palihapitiya).
New York, USA
Joined November 2016
🚨 The webinar is actually on Wed, July 23, at 2:45 pm - 3:15 pm EST. [Sorry I got the time wrong before. Classic.]. Register here:
online.moneyshow.com
Steve Hou is a senior researcher for Bloomberg Index Research. His research covers systematic equity and multi-asset investment strategies. Prior to joining Bloomberg, he was a researcher of system...
Excited to speak at MoneyShow’s Virtual Expo next Thu, July 24 @ 1:30 pm ET!. I’ll present “The Reformers: an earnings inflection strategy ” -- how beaten-down, money-losing companies can turn into big winners. 😄. Register free →
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RT @FredaDuan: Been thinking about future payment infra and the core friction points in Agentic Commerce. $SHOP is solving two key bottlene….
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Government mandates have had a good recent track record of public support in the US: insurance mandate, COVID vaccine mandate. What else?.
If you don't want to add $ for the BLS, then Trump should just make it mandatory for businesses in the sample to reply to the BLS with the necessary data by the end of each month. Response rate skyrockets, minimizes revisions, aligns more closely with QCEW over time.
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It's almost as though one learns this in Econ 101: . In perfect competition of homogenous goods, P=MC=AC, economic if not accounting profits go to zero, there's little money left for original innovation. In oligopolistic or monopolistic competition of differentiated goods,.
China has abundant capacity but scarce profitability. America has abundant profitability but scarce capacity .
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Lots of sneakers.
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There’s an IPO of a company called “Bullish” coming up. Ticker BLSH. I can think of other words that can also be abbreviated as “BLSH”.
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🔥🔥🔥.
🚨 Just updated: June tariff data is now live on WSL SECTORTARIFFS<GO>. For those wanting to dig deep into U.S. effective tariff rates by country and product, we’ve started loading highly detailed tables into WSL SECTORTARIFFS & ECAN US TARIFFS<GO> on @theterminal!
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Great chart from @atanzi. I'm not convinced this is all reflecting "inability to pay" (and whatever macro implications) as much as "unwillingness to pay" given that the confusing about-face of federal policies: total loan forgiveness to unconditional resumption of collection.
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For real? JPM and BAC turned away "hundreds of millions of dollars in cash"?
Kinda crazy that the big banks debanked a U.S. president. Now I see why Trump likes crypto so much.
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As I mentioned to @katieeperry and @StockSavvyShay rare earth is an under-appreciated critical issue. Most people aren't paying attention to rare earth or even know what's going on with it as it’s industrial side not consumer side and wonkish. There's a reason the US is being so
Any given day you might wake up & be the main character of the stock market, due to:.ᯓ Geopolitics, like $MP.ᯓ Regular old politics, like $AEO.ᯓ Meme cycles, like $KSS. If you're publicly traded, stay ready!. Via @Stocktwits Daily Rip Live w/ @stevehou0:
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“Joe, but the numbers are rigged. The numbers are totally rigged. They are phony numbers.”
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Shamelessness is a seriously underrated skill. Much maligned and underappreciated. Most people think it's beneath their dignity, hence fail to appreciate the alpha embedded in it.
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Keep the drama until the very last minute.
Trump on Kevin Warsh: He's very good. Sometimes they're very good until you put them in there and then they're not so good. Both Kevins are very good. There are other people who are very good to. Trump: The two Kevins are doing well, and there are two other people. "I'm not.
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At the peak of his illustrious career, James Fishback, aka “Head of Macro”, will eventually become.
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IS HEAD OF MACRO ONE OF THE FOUR? THAT’S ALL WE CARE ABOUT ON HERE.
🚨 TRUMP: IT WILL BE ONE OF FOUR PEOPLE, FED DECISION SOON.
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Will be in LA for a week from Aug 15-21. Would love to grab coffee/food with friends in the area!.
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Three years later, it feels like the concept of “内卷” still doesn’t have a good translation in English. Why is that? Why hasn’t the concept caught on in the US?.
One of the most popular sociological internet catchphrases in China doesn’t have a good translation. “内卷” or technically “involution”, which nobody understands. But it describes a perverse state of affairs where competition get perniciously fierce while rewards get ever smaller.
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