The New Age Chanos. Short everything. CIO at Family Office. Wharton. MS. DB. Citi. EM specialist with a focus on GBPeso
Joined July 2010
- Tweets43.9K
- Following2.4K
- Followers7.8K
- Likes11K
Pinned Tweet
On Sep 2nd we had warned that the #RBNZ rate hiking cycle was done.
And here we go....
- RBNZ leaves its cash rate unchanged, they were expected to hike
#NZD
Anna Breman super dovish stance is coming through. The RBNZ rate hiking cycle is done.
- Future Policy Decisions Will Depend On The Balance Of Risks To Medium-Term Inflation
- Future OCR Path Is Not Pre-Determined
- Medium-Term Inflation Indicators Are Consistent With Inflation Returning To Target
- Spare Capacity Remains In The Economy, Particularly In The Labour Market
5th time we are seeing identical slop from 'sources' in the last 24 hours....
US Involved In Ongoing Talks Centered On Temporary Peace Deal - Semafor
Reality....
- Irgc Navy Says 3 Tankers Hit Mines And Burned Off Hormuz Strait - Tasnim
VS
Pathetic attempt to pump markets ahead of the mid terms
- Vance wrote a letter to Rezae, that was made public 1 minute before US close.
- Barak ravid and the crooks @Axios been shilling about a peace deal @BarakRavid
Reality....
- Irgc Navy Says 3 Tankers Hit Mines And Burned Off Hormuz Strait - Tasnim
VS
Pathetic attempt to pump markets ahead of the mid terms
- Vance wrote a letter to Rezae, that was made public 1 minute before US close.
- Barak ravid and the crooks @Axios been shilling about a peace deal @BarakRavid
To clarify the CXMT bit was for fun, as they have been claiming major breakthroughs since they IPO'd
For example
- CXMT claimed they succeeded in achieving the 4F² threshold before Samsung and SK Hynix
The rest is true take the CXMT stuff with a grain of salt 😂
MacroGuru retweeted
The whole thing is ridiculous at point.
BREAKING: US issues final warning to Iran, telling Tehran it can avoid a strike only by handing its highly enriched uranium over to the United States, ending all attacks and military operations across the region, and opening the Strait of Hormuz, per Channel 12.
Iran rejected the proposals, which were delivered by Qatari mediators today. "The only thing we received is a list of unacceptable ideas. We will not compromise on the nuclear issue," a senior Iranian official told Reuters.
Iran said last week that not a single particle of enriched nuclear material would leave Iran.
It comes as the US and Israel are readying to launch heavy joint combat operations against Iran right after the midterm elections.
And Google has -ve FCF as well.
So they spent less than estimates but sure in 2027 Capex will be up YUGE 🤣🤣
MacroGuru retweeted
“CXMT has said they want to basically add an entire Samsung’s worth of supply in 18 months. They want to go from No. 6 in the market to No. 1. It’s insane how much supply is coming online in 2027.” - Paul Kedrosky, via Grant’s Interest Rate Observer
But AT&T will get smoked by Starlink which will be blocked in India....
It's called Mota Bhai Premium 🤣
Jio listing: Quick thoughts -
World’s most valued telecom company belongs to India.?
At $130 BN, Jio is almost hitting AT&T market cap of $155 BN & Verizon mkt cap of $177 BN. In other words, imagine if Indian economy becomes EQUAL to American economy “tomorrow”. That’s the valuations at which we’re buying Airtel & Jio today. Imagine how far is that.
At 14% CAGR growth, Jio will take 20 years to catch up to AT&T revenue. Thats why international investors find valuations in India beyond sanity.
On ARPU - Indian ARPU is at of below Rs 220 for last 20 years. It was the same in 2006. How can you count on future growth?
Go ahead and enjoy the party. But if investors think they can make money on this in next 10 years- I don’t think so. If you overpay, you carry all the risk. My discussion on Business Today @business_today
Centre may take call on LTCG tax restructuring on equities in coming weeks
moneycontrol.com/news/busine…
moneycontrol.com/news/busine…
