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what if your real edge is disobedience.
what if your real edge is disobedience.

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a senior rates trader with the closest seat to the federal reserve looks you in the eye and says the quiet part out loud: rates are i…

14Β hours ago

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πšŒπš˜πš—πšœπšŽπš—πšœπšžπšœ πš‘πšŠπš•πš•πšžπšŒπš’πš—πšŠπšπš’πš˜πš—.
πšŒπš˜πš—πšœπšŽπš—πšœπšžπšœ πš‘πšŠπš•πš•πšžπšŒπš’πš—πšŠπšπš’πš˜πš—.

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fourteen basis points. that’s the kind of move that gets treated like prophecy on financial television, dressed up with solemn voices…

5Β days, 22Β hours ago

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fiat isn't a failure. it's a weapon. and bitcoin is the shield.
fiat isn't a failure. it's a weapon. and bitcoin is the shield.

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𝚊 πš‘πšŠπš›πš 𝚊𝚜𝚜𝚎𝚝 πšœπš•πšŠπš–πš–πšŽπš πš’πš—πšπš˜ πšŠπš— πšŽπš•πšŠπšœπšπš’πšŒ πš πš˜πš›πš•πš. πš πš‘πšŠπš πšπš‘πšŽ πš‘πšŽπš•πš• πš‘πšŠπš™πš™πšŽπš—πšœ πš—πšŽπš‘πš? πš’ πšπš›πšŠπš 𝚒𝚘𝚞 πšπš›πš˜πš– πš›πšŠπš’πš—-πšœπš˜πšŠπš”πšŽπš πš‹πš›πš’πšπš’πšœπš‘ πš™πš˜πšžπš—πš πš—πš˜πšπšŽπšœ 𝚝𝚘 𝚊 πšπšžπš•πš•-πšπš‘πš›β€¦

1Β month, 1Β week ago

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10x Κ€Ιͺα΄„Κœα΄‡Κ€ ᴏʀ ᴅᴇᴀᴅ ☠️

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A market story is only as good as the portfolio that can survive it. Hugh Hendry sat down in London to explore risk from first princi…

4Β months, 1Β week ago

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What If Markets Reward Vision More Than Math?

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A faster lap by going blind sounds reckless until you hear Lando Norris say he drives better with the delta display switched off. Tha…

4Β months, 3Β weeks ago

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What if AI cuts jobs faster than rates can fall?

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Markets have a habit of choosing the path that hurts the most people, and this week they proved it. We open with a jolt: CarMax plung…

4Β months, 3Β weeks ago

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Is the Market Running Out of Money?

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What if the cleanest read on market risk isn’t a sentiment index but the dollar itself? We connect the dots from DXY’s slide and rebo…

4Β months, 3Β weeks ago

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A One-in-a-Thousand Market Moment
A One-in-a-Thousand Market Moment

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When logic fails, hedges break, and the models panic.

Markets rarely behave. In this episode, Hugh Hendry unpacks why.Β 

Exploring what …

4Β months, 4Β weeks ago

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What If Government Debt Isn’t Debt at All?
What If Government Debt Isn’t Debt at All?

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The Ricardian Equivalence, Treasury Debt, and the Modernity of Money

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⬇️ Subscribe on Patreon or Substack for full epis…

5Β months ago

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Do Deficits Make You Rich?
Do Deficits Make You Rich?

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Do Deficits Make You Rich?

The uncomfortable truth: fiscal stimulus creates wealth, not consumer inflation.

Sat pondering in a Caribbea…

5Β months ago

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