Real Estate
Los Angeles, California
Joined October 2017
- Tweets320
- Following801
- Followers282
- Likes4.6K
Jake retweeted
🚨A potential civil war in Venezuela? 🚨
President Maduro: "The fate of Venezuela in the 21st century depends on our victory on the 28th of July. If you don't want Venezuela to fall into a bloodbath... let's guarantee the greatest success in the history of our people."
Jake retweeted
🧐The larger the value, the easier it is to pinpoint which country... comment your score below
@OECtoday #Tradle #872 2/6
🟩🟩⬜⬜⬜
🟩🟩🟩🟩🟩
oec.world/en/games/tradle
Jake retweeted
8/ Will Malaysia become the lynchpin for next-gen industries or just one of many options for multinational companies to set up shop?
Dive in deeper by watching my latest video essay on the topic: youtube.com/watch?v=zH5Wptvp…
Sources:
[1]: imf.org/external/datamapper/…
Jake retweeted
How is the world preparing for a Trump victory? Check out our analysis on how his return to the Whitehouse will impact the globe geopolitically youtube.com/watch?v=wEX2MMyK…
Jake retweeted
The second biggest contributor to Ukraine is set to halve its military aid, meanwhile, a potential #Trump victory could see even larger aid cuts from the US.
What do you predict about the future of the #UkraineRussiaWar?
Chart: ifw-kiel.de/topics/war-again…
Germany will halve military aid for Ukraine next year, even with the possibility that Republican candidate Donald Trump could return to the White House and curb support for Kyiv reut.rs/3xS7Kye
Jake retweeted
🚨Podcast Alert🚨
The #EU is upending the way it finances and sells arms. In effect, creating a military-industrial complex all but in name.
Patreon members can listen to this exclusive podcast and more to come!
patreon.com/posts/europe-to-…
Jake retweeted
🚨JOIN THE @TRUFLATION AMBASSADORS FOR AN INFORMATIONAL SPACES🚨
$TRUF
nitter.gq/i/spaces/1eaJbgaPWQVxX
Jake retweeted
Despite all the unresolved structural issues we face in Europe, I still prefer living here than in the US. But prefer to have my investments in the US.
Jake retweeted
BlackRock, $BLK, CEO Larry Fink: "Today the G7 average debt-to-GDP is 129%. No matter how much we tax, how much we cut or reduce that debt, it will not be enough... This is why building new infrastructure is critical, especially through public-private partnerships."
Jake retweeted
🚨Truflation US Inflation Update for May 2024
Over the last couple of months, US inflation has been holding relatively stable, while consumer spending has weakened. The data suggests that the elevated pace of price increases could last longer than expected, but it appears more likely that tepid consumer spending will keep a lid on inflation in the months ahead.
Restraining demand continues to be the key target for policymakers as they strive to gently drive inflation back down to its 2% target without tipping the economy into a recession – a delicate balance. The year-over-year (YoY) inflation, as reported by the BLS, rose to 3.2% in February and again to 3.5% in March before holding relatively steady at 3.4% in April.
Meanwhile, some key economic indicators are pointing to an economic softening. For example, business activity in the US manufacturing sector contracted at an accelerated pace in May, with the ISM Manufacturing PMI dropping to 48.7 from 49.2 in April, compared to a projected rise to 49.6. In general, readings below 50 indicate a contraction.
More: truflation.com/blog/public-p…
Jake retweeted
🚨 TRUFLATION LIVESTREAM AMA
CEO Stefan Rust answers all comers tomorrow, 13 June at 12pm EST, LIVE on X and YouTube:
X: nitter.gq/truflation
YouTube: youtube.com/@truflation
Jake retweeted
🚨Truflation Spaces: Fed Rate Decision Day
Tomorrow! Wed, 12 June at 9:30am EST
Set reminder: nitter.gq/i/spaces/1BdxYreyzpoKX
Big day, and shortly after the BLS CPI print, the FOMC and Powell will announce a rate decision. Here to sort it all out is the Truflation all-star panel with honored guest Cem Karsan @jam_croissant, founder of Kai Volatility.
Jake retweeted
South Korea alone gets more patents than Europe. We are on a journey to become open-air museum, but hey let’s think what else we can regulate.
Readers added context they thought people might want to know
Germany, France and the UK combined have more patent applications than South Korea. The above study doesn't take into account that in European countries, patent applications can use both their own country's patent offices as well as the EPO.
en.m.wikipedia.org/wiki/World_Int…
Jake retweeted
👀 California has More Fortune 500 Companies Than Any Other State
The sunshine state is home to 57 of the nation's 500 largest companies. A higher number than every other state in the country, according to Fortune magazine.
“For the first time since 2014, the Golden State beat out Texas and New York,” it noted. “Texas and New York, which both tied for second, have 52 companies each. “
Notable companies include
Apple, Cupertino, California, No. 3
Alphabet, Mountain View, California, No. 8
Chevron, San Ramon, California, No. 15
Meta Platforms, Menlo Park, California, No. 30
Wells Fargo, San Francisco, California, No. 34
Walt Disney, Burbank, California, No. 47
Nvidia, Santa Clara, California, No. 65
Cisco Systems, San Jose, California, No. 74
Intel, Santa Clara, California, No. 79
HP, Palo Alto, California, No. 82
Uber Technologies, San Francisco, California, No. 113
Qualcomm, San Francisco, California, No. 117
Jake retweeted
The Fed now admits some countries are moving to gold. But says it’s a small group.
🇨🇳 China: 1.4B
🇮🇳 India: 1.4B
🇷🇺 Russia: 144M
🇹🇷 Turkey: 85M
That “small group” represents 3B people. So 37.5% of the world is moving away from dollars towards gold.
In today's post, the authors note that the narratives about declining dollar shares in official reserves, and increasing roles for gold holdings by central banks, inappropriately generalize the actions of a small group of countries.
nyfed.org/4aEeaOv
