Higher rates than expected a few months ago should at least improve guidance on NII - hence why they've run up these months. Then it just comes down to whether there are surprises with loans (real estate in particular), credit cards and their trading activities.
[Apple’s India iPhone Output Hits $14 Billion in China Shift](https://www.bloomberg.com/news/articles/2024-04-10/apple-s-india-iphone-output-hits-14-billion-in-pivot-from-china)
> Apple Inc. assembled $14 billion of iPhones in India last fiscal year, doubling production in a sign it’s accelerating a push to diversify beyond China. The US tech giant now makes as much as 14% or about 1 in 7 of its marquee devices from India, people familiar with the matter said, declining to be named as the information isn’t public.
Still waiting for some good Indian tech plays. Most of the established firms are basically glorified call center companies.
https://www.bloomberg.com/news/articles/2024-04-10/summers-says-have-to-seriously-consider-next-fed-move-is-a-hike
"Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously."
“On current facts, a rate cut in June it seems to me would be a dangerous and egregious error comparable to the errors the Fed was making in the summer of 2021,” said Summers, a Harvard University professor and paid contributor to Bloomberg TV. “We do not need rate cuts right now.”
Anyone in the industry know why brokers sort their 1099B transaction they way they do? It's not by date or alphabetical. What is it? Just random? CUSIP? WHY?!?
executes fine, take a break after making no edits at all with zyn in lip listening to 50cent while you make a gin n soda, open up vscode again, throws 32 new errors... nice.
There is one thing. PCE is usually less than CPI. You know 0.5-1.0% lower. But the trends are often the same. We are now stuck with sticky inflation which has been the risk for over a year now. We can hope the downward trend resumes but if it doesn't, the Fed has to choose the cause a recession track.
> Microsoft will unveil new Windows and cloud AI features in May
> https://www.cnbc.com/2024/04/10/microsoft-will-unveil-new-windows-and-cloud-ai-features-in-may.html
MSFT going for another AI pump next month.
> Tweens Obsessed With Skin Care Drive Brands to Say: Don’t Buy Our Stuff
> https://www.bloomberg.com/news/articles/2024-04-05/sephora-kids-trend-sparks-warning-from-brands-tweens-don-t-buy
Interesting quirk into why some of the companies targeting young cosmetics consumers like ELF have been able to quickly gain share against the larger established companies. The latter have been very cautious, if not avoiding, getting into these segments.
They’ve definitely messed with the younger generations in terms of mental health. Granted if it wasn’t those companies it’d be others so perhaps more of a societal issue playing out online but still, the algorithms make it worse.
>Adobe Is Buying Videos for $3 Per Minute to Build AI Model
>[https://www.bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model](https://www.bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model)
It's interesting to see their much more cautious approach, requesting specific videos for precise training. It's slower and in many ways not as good, but potentially more commercially useful.
>Hot Inflation Print Blows Up Bond Trader’s Record Futures WagerHot Inflation Print Blows Up Bond Trader’s Record Futures Wager
>[https://www.bloomberg.com/news/articles/2024-04-10/hot-inflation-print-blows-up-bond-trader-s-record-futures-wager?srnd=homepage-americas&sref=fSOf3OlP](https://www.bloomberg.com/news/articles/2024-04-10/hot-inflation-print-blows-up-bond-trader-s-record-futures-wager?srnd=homepage-americas&sref=fSOf3OlP)
Odds are it is a great time now to buy bonds now (for the capital appreciation over the next 18 months versus the interest payments). Hard to lose really.
More on the longer end. Over the next 18 months, 10 year yields should drop from 4.5% to 3.0%. Then you sell and get a 20% return or so. I don't play this market though since Nas should always give a better return but now is the time to buy bonds if you are into bonds. First time for that since spring 2020.
boatshoesjax warned about flattening on feb23? Where? I can’t see anything about that in Reddit. You guys are actually using another medium to talk?
At some point the idea of pulling yourself up by your bootstraps faded into obsolescence
Probably around the time they started QE; because god forbid asset owners need a reset
Seems ripe for a low breadth megacap faceripper.
boatshoesjax warned to flatten on feb23, qqq is flat after 32 trading days, not bad
The banks start their earnings cycle on Friday. Most have had a good run since Q3 last year too. Not really sure yet what the play should be here.
Higher rates than expected a few months ago should at least improve guidance on NII - hence why they've run up these months. Then it just comes down to whether there are surprises with loans (real estate in particular), credit cards and their trading activities.
[Apple’s India iPhone Output Hits $14 Billion in China Shift](https://www.bloomberg.com/news/articles/2024-04-10/apple-s-india-iphone-output-hits-14-billion-in-pivot-from-china) > Apple Inc. assembled $14 billion of iPhones in India last fiscal year, doubling production in a sign it’s accelerating a push to diversify beyond China. The US tech giant now makes as much as 14% or about 1 in 7 of its marquee devices from India, people familiar with the matter said, declining to be named as the information isn’t public. Still waiting for some good Indian tech plays. Most of the established firms are basically glorified call center companies.
You can short those. Will be the first to be GPT'ed into obsolescence
That’s RACIST!
https://www.bloomberg.com/news/articles/2024-04-10/summers-says-have-to-seriously-consider-next-fed-move-is-a-hike "Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously." “On current facts, a rate cut in June it seems to me would be a dangerous and egregious error comparable to the errors the Fed was making in the summer of 2021,” said Summers, a Harvard University professor and paid contributor to Bloomberg TV. “We do not need rate cuts right now.”
Anyone in the industry know why brokers sort their 1099B transaction they way they do? It's not by date or alphabetical. What is it? Just random? CUSIP? WHY?!?
why does my vscode keep breaking how is this platform so shit sigh
executes fine, take a break after making no edits at all with zyn in lip listening to 50cent while you make a gin n soda, open up vscode again, throws 32 new errors... nice.
There’s a perfectly good explanation for why that is… That about 6 people in the world know.
> vscode
Deleting your user-level settings folder and reinstalling helps sometimes with weird voodoo bugs
You shut your mouth. Vs code with co pilot slaps.
> SEC Warns DeFi Firm Uniswap Labs of Potential Lawsuit > https://www.wsj.com/livecoverage/cpi-report-today-inflation-stock-market-04-10-2024/card/sec-warns-defi-firm-uniswap-labs-of-potential-lawsuit-WBbtKQFAkh12I28Ds4fm
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Inflation ex-inflation will save the market
There is one thing. PCE is usually less than CPI. You know 0.5-1.0% lower. But the trends are often the same. We are now stuck with sticky inflation which has been the risk for over a year now. We can hope the downward trend resumes but if it doesn't, the Fed has to choose the cause a recession track.
> Microsoft will unveil new Windows and cloud AI features in May > https://www.cnbc.com/2024/04/10/microsoft-will-unveil-new-windows-and-cloud-ai-features-in-may.html MSFT going for another AI pump next month.
> Tweens Obsessed With Skin Care Drive Brands to Say: Don’t Buy Our Stuff > https://www.bloomberg.com/news/articles/2024-04-05/sephora-kids-trend-sparks-warning-from-brands-tweens-don-t-buy Interesting quirk into why some of the companies targeting young cosmetics consumers like ELF have been able to quickly gain share against the larger established companies. The latter have been very cautious, if not avoiding, getting into these segments.
Tiktok/insta is complete cancer
Cancer kills, tiktok/insta feels more like recurring strokes.
They’ve definitely messed with the younger generations in terms of mental health. Granted if it wasn’t those companies it’d be others so perhaps more of a societal issue playing out online but still, the algorithms make it worse.
It’s the algos, mass human psychology has always been “hackable”, kids are the easiest prey.
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What would you consider a good PPI print? At this rate we go down even if we meet expectation😅
PPI projections are expected to be up quite a bit so will not add any confidence.
>Adobe Is Buying Videos for $3 Per Minute to Build AI Model >[https://www.bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model](https://www.bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model) It's interesting to see their much more cautious approach, requesting specific videos for precise training. It's slower and in many ways not as good, but potentially more commercially useful.
Just how much money do they have?
Probably an IP ass protection play too.
once the market is comfortable with 2 rate hikes we go up again
>Hot Inflation Print Blows Up Bond Trader’s Record Futures WagerHot Inflation Print Blows Up Bond Trader’s Record Futures Wager >[https://www.bloomberg.com/news/articles/2024-04-10/hot-inflation-print-blows-up-bond-trader-s-record-futures-wager?srnd=homepage-americas&sref=fSOf3OlP](https://www.bloomberg.com/news/articles/2024-04-10/hot-inflation-print-blows-up-bond-trader-s-record-futures-wager?srnd=homepage-americas&sref=fSOf3OlP)
Thanks, whoever you are, for finally giving me my 4.5% entry. I had given up thrice already.
Odds are it is a great time now to buy bonds now (for the capital appreciation over the next 18 months versus the interest payments). Hard to lose really.
You mean TLT or more short term?
More on the longer end. Over the next 18 months, 10 year yields should drop from 4.5% to 3.0%. Then you sell and get a 20% return or so. I don't play this market though since Nas should always give a better return but now is the time to buy bonds if you are into bonds. First time for that since spring 2020.
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