Joined December 2024
@aahan_prometheus retweeted
That Giant Sucking Noise The latest news of AI-related equity & debt financing highlights just how much asset supply is required to finance surging investment and the challenging environment for asset prices that comes with it. bobeunlimited.substack.com/p…
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
French bonds are ......
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@aahan_prometheus retweeted
The Nasdaq is down almost -6% since 10 October and the OAT-Bund spread hit 175bps, its highest since 2012. Markets now price fewer hikes. We think that’s premature: financial conditions have barely tightened and inflation keeps rising. We see Fed, ECB and BoJ hikes in December.
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@aahan_prometheus retweeted
Oil markets are increasingly pricing persistent elevated oil prices. How investors are unprepared for this new reality, free on the blog app this week: xitter.cf/BobEUnlimited/status/2…
Higher For Longer Oil Prices Near-term oil prices are pushing back to Iran war highs and markets are increasingly expecting elevated prices through next year, suggesting little relief from central bank hiking cycles ahead. bobeunlimited.substack.com/p…
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@aahan_prometheus retweeted
Horrific inflation data last week and PMI prices this week in line with it getting even worse. Crude 103$ with the full 12 month curve at $100. Yet FCI has added to inflation impulses for 2 weeks in a row. Big test for Warsh next week.
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@aahan_prometheus retweeted
Bonds turning into an equity trade with SPX 2-3% from ATHs is probably the dumbest thing they have done all cycle, and they have had a pretty stupid cycle in general. Oil rallies are transitory if a short episode. Not when it's 8 months and counting. Self defeating & dumb.
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@aahan_prometheus retweeted
Live Friday lunch MacroTalk pod back next week! In the meantime, we’d love to get any thoughts on how it can be better from those that have listened to our first couple goes at it so far. Excited to get back to it!
Macro Talk: Back Next Week (not today) I know you all miss the banter between myself and Bob. Do not fear! Both our travel schedules have not been amenable to our usual recording time. But we’ll be back at it next week. Keep the questions and quips coming!
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@aahan_prometheus retweeted
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The new RenMac.com is live. Explore our upgraded home for independent research, market perspectives, Off-Script episodes, and educational resources. Take a look around: renmac.com/
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@aahan_prometheus retweeted
Replying to @NoelSmith
Trolling @AahanPrometheus with this
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@aahan_prometheus retweeted
aaron's euphoric bear-posting on bonds was the bottom signal indeed. thank you for your service, kitten!
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@aahan_prometheus retweeted
Next month, we will celebrate the 20 year anniversary of @CambriaFunds. 🎉🎉🎉 We last posted this chart when we crossed $2 billion in AUM; now at $5 billion, I thought I would update it with some more hate, though for some reason most have disappeared. Maybe it's because our strategies are having one of their best years ever, or maybe haters eventually find quant investing boring...But I miss you guys. You keep lively around here! Without further ado, here are some of my favorites... "I like Meb and his diverse guests but he keeps saying “ Y’all’s”, A silly and ignorant way of speaking." (July 2026) "Meb Faber hosts a really interesting podcast but almost all of his investments look like shit." (May 2025) "Not exactly iShares for sure. I trust the stoner Meb Faber a bit more." (Sep 2024) Is this a compliment? "I couldn't agree more with your points on Meb's doubtful credibility." (July 2023) "Look, I appreciate that you gave away nine previous books for free, and I enjoy your podcast… wait, hold on — this new book is $76?! Are you crazy?!" (2026) "The Cambria lineup feels like backtest catnip." (2024) "Classic example of overthinking a portfolio to justify asset management fees. Instead of buying VOO or VT and sleeping well, you're paying 60+ bps to constantly rebalance into underperforming foreign value." — r/Bogleheads (2024)
About half of all investment funds disappear over 10 years. Happy to report we made it! To all of our 140,000 investors (and the haters too) that have been along for the ride, thank you, and here's to the next 10....🥳
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@aahan_prometheus retweeted
Replying to @NoelSmith
I like @RenMacLLC and @hedgeye podcast as well as @AahanPrometheus with @BobEUnlimited
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
nothing says party like 30 slides
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
Amazing note, the chart showing why hikes don't bite anymore is epic! Well done, sir.
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
Gentlemanly response. Agree to disagree 🤝 Also worth keeping in mind there is an admin with a low rate agenda. Warsh is not totally compromised but he clearly showed his true colors by erring on dovish side when he can. What they will vs what they should can be different too
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
Great note. Very insightful. Do you think it would be worth exploring a wealth effect channel as transmitter of a monetary shock? High equity allocations, high share of consumption is top 1/10%…and also high share of govt tax revenue is capital gains taxes
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@aahan_prometheus retweeted
Replying to @AahanPrometheus
30 pages to say higher for longer
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