Michael Green @profplum99 Twitter profile

Last Seen Profiles

@BillClinton

@COLOStormChaser

@nurosene

@Nickelodeon

@yonaka_nemu

@TSUTAYA

@FreathyTippett

@Happy1Potato

@cngzkync

@gingersop

@troyfosterr4

@SigmaLithium

@hoonhyunie

@alphastag4wife

@RealJoeyy

@travelvolr

@Broderil

@YuriKurashima

@GoS_Spartan

@rekisikei

@ondustrtlawyer

@ZAGADAT_01

@qi_protocol_

@TheArmouryTV

@HazelAhp

@foradamatriz

@Inspyr3d

@theben_podcast

@KaydinPope

@wasaisai

@whoisbanksie

@TheeMockingjqy

@mame_moimoi

@EStl365

@miracledior_

@CroydonHigh

Michael Green

@profplum99

1 year

Let’s be clear, if you’re financing a pair of jeans, you’re not making good life choices

391

309

5K

Michael Green

@profplum99

2 years

"I can see clearly now... my brain is gone..."

259

163

3K

Michael Green

@profplum99

8 months

Perfect…

24

270

3K

Michael Green

@profplum99

15 days

Just a reminder that GDP stands for "Gross" Domestic Product. The future maintenance of these projects will be insane and ultimately destroy what little remains of China's growth story.

Massimo

@Rainmaker1973

15 days

China's Yaxi Expressway

305

3K

10K

353

327

2K

Michael Green

@profplum99

1 year

Mike's list for 2023

287

335

2K

Michael Green

@profplum99

2 years

1/n That was an ugly close on Friday. As you know I am extremely concerned about the upcoming economic risks and markets seem to be trying to reflect some of these concerns. However, I am also concerned that sentiment (not valuations) MORE than reflects these fears

76

395

2K

Michael Green

@profplum99

2 years

Unacceptable. GoFundMe is dead to me. @gofundme

Robby Starbuck

@robbystarbuck

2 years

They’ve done it again. GoFundMe just deleted the Canadian Freedom Convoy fundraiser and they’re saying that the millions of dollars they took in will not be returned but given to "established + credible" charities. This is criminal. Stop using @GoFundMe #Honk

948

4K

9K

150

238

2K

Michael Green

@profplum99

1 year

Oldest son about to graduate college… opened his time capsule… check out the interest rates from 2000:

89

110

2K

Michael Green

@profplum99

2 years

Did Bitcoin miss earnings?

133

111

2K

Michael Green

@profplum99

2 years

El Salvador did not benefit from bitcoin… it’s a suicide mission driven by hubris

295

239

2K

Michael Green

@profplum99

1 month

100% agree. Enough already.

Anas Alhajji

@anasalhajji

1 month

A must watch! This is my hero! He is Mohamed Irfaan Ali, President of Guyana. #Oil #Guyana

2K

6K

25K

79

194

2K

Michael Green

@profplum99

1 year

This is very exciting! Unlimited FDIC insurance! So stop moving your money out of 0.5% banks and into 5% money market funds! Who’s with me?!?!

91

164

2K

Michael Green

@profplum99

11 months

The really incredible part of this propaganda is the absolute failure to question why the subway in Guangzhou (population 15 million) is empty.

Richard

@ricwe123

11 months

After experiencing the subway in Guangzhou, China, this American tourist became less proud of the subway in New York.......

151

190

628

232

90

1K

Michael Green

@profplum99

3 years

Tesla and BTC... the singularity approaches

88

63

1K

Michael Green

@profplum99

2 years

1/n OK, now that the market has your attention and Michael Saylor has fired his CFO (he did do that, didn't he? Seems like they might have checked into the accounting first...) and Cathy Wood is on everyone's radar, figured I'd share a few thoughts

41

245

1K

Michael Green

@profplum99

2 years

It’s official… the swimmer committed today. Bold move. Go Navy, Beat Army.

103

5

1K

Michael Green

@profplum99

2 years

It’s like we’ve made gaslighting the national sport

FinancialJuice

@financialjuice

2 years

US TREASURY SECRETARY YELLEN: I'M NOT SEEING EVIDENCE OF A US RECESSION NOW.

310

122

910

66

139

1K

Michael Green

@profplum99

2 months

For those wondering what causes me to doubt my own deflation thesis? This type of idiocy. Supply shortage? Subsidize demand!

122

109

1K

Michael Green

@profplum99

7 months

Prepared to bid at auction for a foreclosure property… auction cancelled due to no competing bids… opening bid minimum was down 67% from last appraisal. No bids. Real estate is fine… /s

65

98

1K

Michael Green

@profplum99

1 year

Layoffs rising (increase in rate) faster than pre-Lehman

57

229

1K

Michael Green

@profplum99

5 months

About that “slowly and then all at once”….

55

212

1K

Michael Green

@profplum99

2 years

And then there were none… (last shot before the buzz). I’ll see him for half an hour this evening and then only letters until mid-August. So incredibly proud of his choices, but I’d be lying if I didn’t admit a little part of me just died #USNA

91

6

1K

Michael Green

@profplum99

1 year

Texas about to reap the 1970s California-whirlwind. Property tax and insurance increases hitting escrow accounts in 3…2….1….

141

107

1K

Michael Green

@profplum99

1 year

Totally dude!

Pomp 🌪

@APompliano

3 years

I think @BlockFi will be one of the most important companies in the world. Retweet if you agree!!

620

879

4K

62

38

896

Michael Green

@profplum99

3 years

I’m sorry... what?

Daily Caller

@DailyCaller

3 years

PSAKI: "Even after you’re vaccinated, social distancing and wearing masks will be essential."

5K

2K

3K

130

73

835

Michael Green

@profplum99

3 years

. @YouTube this is embarrassing

George Gammon

@GeorgeGammon

3 years

Rebel Capitalist channel has been removed by @YouTube . I received no warnings, no strikes, no evidence. Just email saying it was removed. Only explanation was “severe or repeated violations of community guidelines.” Makes no sense? Was very careful to follow rules.

1K

2K

8K

33

84

844

Michael Green

@profplum99

9 months

“The market can remain irrational far longer than you can remain solvent” — the China bears were “right” every step along the way, but by 2021 none were left standing.

30

99

821

Michael Green

@profplum99

2 years

13/13 In other words, today was real, YTD has been brutal and for many of the more speculative names (potentially including BTC) I'd argue the pain may accelerate. But I'm not sure this is THE EVENT that everyone is looking for. Just my 2c and 13 tweets.

49

25

812

Michael Green

@profplum99

1 year

Honey-baked ham?

39

84

814

Michael Green

@profplum99

2 years

Brilliantly articulated (and gesticulated). When “reporters” like @NickTimiraos and @steveliesman depend on access for their jobs, we can’t expect them to ask the hard questions. But they should. An international embarrassment. @federalreserve Chair Powell should resign.

Geiger Capital

@Geiger_Capital

2 years

Jeremy Siegel of the Wharton School ripping apart Powell and the Fed… “They Know Nothing” 2.0

1K

7K

38K

99

110

799

Michael Green

@profplum99

9 months

Why AREN'T you reading this now? “Heartland Tri-State Bank became insolvent due to an isolated event" "the bank had approximately $139 million in total assets and $130 million in total deposits." "The FDIC estimates that the cost to the Deposit Insurance…

Kansas bank closed by regulators, 5th U.S. bank failure this year - BNO News

Heartland Tri-State Bank in Kansas has been closed by regulators after it became insolvent, officials announced on Friday night, marking the fifth U.S. bank failure so far this year. Kansas Bank...

bnonews.com

75

161

785

Michael Green

@profplum99

3 years

In all seriousness, what started as a penal colony appears to be returning to its roots. This is insanity. "They" can't arrest 25 million people. Stand up.

Michael P Senger

@michaelpsenger

3 years

Greater Sydney, Australia extends lockdown and announces stricter measures. Exercise now limited to one hour, masked, per day. Curfew after 9pm. And police now authorized to seal entire apartment buildings like the CCP claims to have done in Wuhan.

987

2K

4K

61

83

762

Michael Green

@profplum99

1 year

When @balajis tells you outright fabrications that are easily disproven, e.g. "Chinese banks are soaring as Western banks are failing", please ask "Why are you reading this now?" He's not a dummy, which means he's selling ewe something.

60

94

781

Michael Green

@profplum99

2 years

Bitcoin... best performing asset of past 6 hours

51

27

745

Michael Green

@profplum99

2 years

If only they'd gone 100bps... just think of the rally

35

15

715

Michael Green

@profplum99

2 years

1/n Last night, @DrPippaM and I discussed the increasing irrelevance of the price signals we are seeing. Charts of forward pricing of German power contracts up 3000% in 5 years are not "meaningful" -- they are signs of market failure. @DuncanWeldon hitting same idea

34

126

707

Michael Green

@profplum99

1 year

Chat-GPT 4 deriving general equation for equilibrium wage in college level econ test. It's gonna get really weird, really fast people.

57

72

714

Michael Green

@profplum99

1 year

I’m getting the sense early morning transit demand between San Francisco and Philadelphia is low… even in our “booming economy”…

88

24

700

Michael Green

@profplum99

5 months

Daughter brought home a boyfriend… he brought a gift… he can stay for now…

72

11

697

Michael Green

@profplum99

2 years

13/13 So let's end on lucky 13... "You've got to ask yourself one Q: 'Do I Feel Lucky?' Because this is the most powerful bubble the world has ever seen and can blow your head clean off, you've got to ask yourself one question: Do I feel lucky? Well, do ya?"

73

23

654

Michael Green

@profplum99

2 years

Update… appreciate the gesture but we’re in a “one strike you’re out” world as it relates to this behavior when it can be accomplished. Others may choose differently, but I’m still done @gofundme

GoFundMe

@gofundme

2 years

To simplify the process for our users, we will be refunding all donations to the Freedom Convoy 2022 fundraiser. This refund will happen automatically—you do not need to submit a request. Donors can expect to see refunds within 7-10 business days.

32K

3K

7K

43

47

632

Michael Green

@profplum99

2 years

“This is the missing piece of the jigsaw puzzle without which the rest cannot be deciphered. The Narrative does not make sense until we understand that we are watching a new, radical form of techno-authoritarianism unfold before our eyes.” — must read

The Vaccine Moment, part one

On the days of revelation

paulkingsnorth.substack.com

71

196

638

Michael Green

@profplum99

1 year

In hindsight... yes...

55

44

639

Michael Green

@profplum99

1 year

Borrowers whose student loan debt was suspended, used the increased debt capacity to borrow more. Beautiful. Avocado on whole grain credit… toast

Neely

@NeelyTamminga

1 year

What happens if (when…) student loans go back into repayment? New insight: student loan holders celebrated forbearance by loading up on debt. Working paper on studying consumption post student loan moratorium announcement in 2020. h/t @MarcGoldwein

31

33

180

80

115

620

Michael Green

@profplum99

1 year

I hate aging… that whole “tip of the tongue” phenomenon where I just can’t think of the word I’m searching for… it’s there for fleeting second and then gone… maybe if I illustrate it…

55

61

632

Michael Green

@profplum99

28 days

Yet another data point that just doesn't fit the narrative. When looked at by the sub point "New Delinquencies Due to Unemployment" we've also set a new record. Think about that for a moment... theoretically low unemployment and surging delinquencies due to unemployment?…

Mr.Awsumb

@MrAwsumb

28 days

When we remove the newly created "due to national emergency category", we've actually set a new record for "New 90+ day delinquencies". (guess why that category existed?) 2/6

10

14

70

45

158

641

Michael Green

@profplum99

4 years

Lol... I literally said the exact opposite!

31

49

624

Michael Green

@profplum99

3 years

Wife shared this video with tears... enough... if you can help out, please do. And it’s time to stand up imho.

Help The Pineapple Hill Saloon, organized by Angela Marsden

We are a small business in Sherman Oaks California and we need your help! The governor a… Angela Marsden needs your support for Help The Pineapple Hill Saloon

www.gofundme.com

Spencer A. Klavan

@SpencerKlavan

3 years

Watch this video, folks. Sound on.

4K

20K

66K

50

120

595

Michael Green

@profplum99

1 year

The “let it burn” quote tweets and comments tell you everything you need to know. Everyone is comfortably numb to the consequences.

The Spectator Index

@spectatorindex

1 year

BREAKING: White House says if the US defaults, the stock market is expected to decline by more than 45%.

923

2K

9K

155

46

609

Michael Green

@profplum99

25 days

Boy, those tech growth stocks are going to get DESTROYED when rates move higher...

78

34

629

Michael Green

@profplum99

1 year

Everyone enjoying the increase in "Core Services ex-Housing"? Know what's driving it? Imputed costs of financial services and motor vehicle leasing... which is 90% tied to interest rates. Like Volcker, Powell is creating his own inflation.

62

113

624

Michael Green

@profplum99

4 years

Proud father shout out... daughter just made the Under Armour All-America Volleyball list. D1 committed and puts more effort into her sport than I could ever have imagined. Congrats, Ella!

46

5

610

Michael Green

@profplum99

3 years

“I don’t really care what you think”... the campaign slogan for the end of the Republic

INVESTMENT HULK

@INVESTMENTSHULK

3 years

LOOK AT THIS SHIT...

136

82

735

68

63

587

Michael Green

@profplum99

3 years

With my teen daughter off to college, some may ask “Hey Prof, what’s it like?” Well, I’ll tell you… it’s like a hole has been ripped in my heart and replaced by much less need for laundry. Bad trade.

31

19

609

Michael Green

@profplum99

2 years

Labor force participation Men 25-54... the trend is not your friend...

56

85

589

Michael Green

@profplum99

5 months

The economic ignorance is like a nightmare that won't end... so maybe not transitory...

Joe Biden

@JoeBiden

5 months

Let me be clear to any corporation that hasn’t brought their prices back down even as inflation has come down: It’s time to stop the price gouging. Give American consumers a break.

19K

5K

26K

61

71

610

Michael Green

@profplum99

4 years

I’m speechless. When a “group leader in systems biology at Oxford” believes “science runs by consensus” we have utterly failed. @wolfejosh

Adam Cribbs

@AdamCribbs

4 years

@ThatKatyaGirl I’m not an epidemiologist, I’m a computational biologist, not my field so I’m not going to pretend I know how to model pandemics. Science runs by consensus and the consensus in the field that this and other models for this pandemic are good.

62

1

7

60

93

584

Michael Green

@profplum99

4 months

Wish me luck!

100

6

611

Michael Green

@profplum99

1 year

Agree with Demetri. To the extent there is a "strategy" here, it will take form of "expensive credit for most, subsidized credit for policy." You want to borrow to buy a house? 7%. You want to borrow to build a solar farm? 3%. You want to borrow to build a munitions factory? 0%.

Demetri Kofinas

@kofinas

1 year

I continue to believe that markets are missing the bigger picture of what is happening here. The Swiss government just engineered a bailout of its second-largest bank and it followed that up with a 50bp rate hike. This is what credit rationing looks like. 🧵👇🏻

34

138

749

62

107

601

Michael Green

@profplum99

1 year

Everyone focused on $SIVB might want to take a more systemic view...

Michael Green

@profplum99

1 year

Yes, I give a FIG... thoughts on markets from Michael Green/Profplum99: The Valley of Despair

42

55

319

55

133

593

Michael Green

@profplum99

2 years

I personally think the perfect chaser to a series of rate hikes into an economic contraction is a series of tax hikes. Much like Drano after Borax as a dental regimen.

Larry Summers Says Raise Taxes ‘Right Now’ to Help Battle Inflation

Former Treasury Secretary Lawrence Summers said that Washington is forgoing a key tool in helping the Federal Reserve quell inflation, and urged that lawmakers look at raising taxes.

www.bloomberg.com

88

58

579

Michael Green

@profplum99

2 years

“Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive… those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.” — CS Lewis

31

78

569

Michael Green

@profplum99

3 years

Lol... To my knowledge, might be the first time a podcast host blocked a prior guest with no direct interaction. Maxis are so easily hurt...

111

21

567

Michael Green

@profplum99

3 years

And so it begins…

Witold Strzelecki

@wstrzelecki

3 years

Big news as the Finnish🇫🇮 government's official endorsement of #nuclear as a sustainable energy source marks a U-turn within the Green Party sitting in the cabinet. Traditionally anti-nuclear, "the Greens now claim to have a technology-neutral attitude".

25

280

1K

19

55

567

Michael Green

@profplum99

2 months

BIll Gates and I walk into the bar... Bartender: "Wow... couple of billionaires on average!"

Bill

@wabuffo

2 months

yep - a record high US household net worth. So much for excess savings are gone...

22

33

135

34

37

580

Michael Green

@profplum99

2 years

Breadth is terrible. I cannot easily recall another day with this many stocks down in SPX and market positive. Only comp is July 2015 about halfway through the EM bedshit of 2014-Feb 2016. More evidence of bear market rally imho.

26

81

568

Michael Green

@profplum99

4 months

The stock market is NOT a stock index. While the Chinese stock INDEX is down, the market cap is up roughly 10x since 2002. Share dilution up the wazoo.

Jake

@EconomPic

4 months

THE STOCK MARKET IS NOT THE ECONOMY Chart of the year so far... the MSCI China Index is about to go NEGATIVE since its 1992 inception The Chinese economy is ~13x larger and an investment in it has gotten you the same return as if you put your cash under your mattress

33

75

338

35

80

563

Michael Green

@profplum99

3 years

Game over...

45

2

554

Michael Green

@profplum99

3 years

OK, but don't expect me to go as easy on you as I did on @nic__carter

Pomp 🌪

@APompliano

3 years

I hereby challenge @profplum99 to a debate on Bitcoin and the future prospects of the digital currency. He can pick the venue and the moderator. I'll be there as long as he isn't afraid of changing his mind :)

67

34

860

58

23

557

Michael Green

@profplum99

2 years

Wage price spiral my tookus... job SWITCHERS experiencing negative real wage change. That only happens in recessions and jobless recoveries. Absurd to think this job market is strong.

30

96

563

Michael Green

@profplum99

7 months

1/n It's always a bit sad to see posts like this proclaiming the low-end household is "in great shape." One, talk to them. They're not. Two, the analysis is just wrong. Let's dig in.

Bill

@wabuffo

8 months

Great stuff published by the Federal Reserve yesterday on distribution of wealth among US households. This is a long-term run chart of net wealth among the bottom 50% going back to 1989. 1) notice how the GFC really hit this segment hard - destroying 75% of this group's net…

89

219

744

51

87

550

Michael Green

@profplum99

3 years

Apparently widely shared. First time I have seen. Endorse. Applies to ecology and financial markets!

Mark Karake

@KarakeMark

3 years

“We are going to kill ourselves because of stupidity”

1K

20K

50K

19

84

542

Michael Green

@profplum99

2 years

Tell me you have circuit breakers without telling me you have circuit breakers

21

36

537

Michael Green

@profplum99

2 years

I'm really trying to get worked up about this whole commodity boom thang... but I just don't see it... Copper/Gold hanging out in normalsville... absolutely nothing like the 2004-8 cycle (driven by institutional demand imho). Can it change? Sure. But for now... nah

104

46

549

Michael Green

@profplum99

1 year

Might be the single most illuminating statistic on the "lockdowns" and subsequent breakdown in labor markets I've seen yet...

26

70

543

Michael Green

@profplum99

1 year

Amazing how quickly applications are emerging for ChatGPT... meanwhile crypto continues to struggle with anything beyond speculation and crime.

Barsee 🐶

@heyBarsee

1 year

The new ChatGPT Code Interpreter is seriously amazing. This is another big recent AI launch that will change everything. Here are 10 of the most useful examples so far👇🧵

100

415

2K

66

52

536

Michael Green

@profplum99

1 year

"I live on a bitcoin standard except for when I need to pay for things. Then I use real money" Nice to meat ewe too.

zender

@zndtoshi

1 year

@profplum99 I live on a bitcoin standard. I am 100% on btc. Have fiat only for monthly expenses. I buy what I think I really need. Nice to meet you.

16

1

14

91

26

535

Michael Green

@profplum99

2 years

This blog post by David Rosenthal, a co-founder of Nvidia, was shared below by the CTO of MSFT Azure. For anyone investing, or considering investing, in crypto it is a must read imho

Mark Russinovich

@markrussinovich

2 years

I've recently come to believe that public (permissionless) ledgers/blockchains (aka Web3) are a dead end. This post by David Rosenthal does a fantastic job of explaining the issues I identified and more:

288

926

4K

70

105

529

Michael Green

@profplum99

2 years

Oh good… China’s economy grew nicely as workers fell yet again. It’s the miracle of Beijing… since employment peaked in 2014, GDP has risen 62%. Productivity (GDP/wrkr) gains of 7.4% per year… 🙄😂 That’s the same rate Japan experienced post-WW2 to 1973

26

69

517

Michael Green

@profplum99

2 months

The most misunderstood chart in the world...

66

102

529

Michael Green

@profplum99

2 years

Updating… this is now the single largest jump in Food & Gasoline spending as % of MEDIAN household income in history and rapidly approaching 2008 peaks. MUCH worse in RoW due to USD strength vs 2008 weakness. Understated in some ways as excludes natgas.

Michael Green

@profplum99

2 years

1/2 Level or change... savings rate plumbing recent lows as food and gasoline consume more and more of the consumer budget. Credit cards making up the slack for many lower income households...

6

36

159

28

142

508

Michael Green

@profplum99

1 year

Loving all the hot takes on jobs report... just a reminder, this report captures data up to Sunday, March 12th... anything happen that Monday the 13th?

29

56

519

Michael Green

@profplum99

2 months

California 2023 job gains revised down 85%… must be the knew math

California Economy & Taxes

@LAOEconTax

2 months

Each year, the U.S. BLS revises the state's jobs number to match actual payroll records from businesses. The latest revision lowered its count of California jobs by 277k. [1/4]

15

51

142

42

96

516

Michael Green

@profplum99

2 years

With leaders like these, who needs enemies? FFS, Mr. President…

President Biden

@POTUS

2 years

My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.

65K

24K

151K

41

40

506

Michael Green

@profplum99

3 years

Probably way over sharing, but have to show a really awesome piece of news from a recent blood test. As an overweight, middle aged male with a family history of diabetes, it doesn’t get much better than this. Keto for life!

82

6

501

Michael Green

@profplum99

2 years

As a reminder, @WClementeIII is 20 years old. In his brief time as a sentient human, he has analyzed all possible outcomes and arrived at a simple “either… or” statement. Few. 🙄

Will

@WClementeIII

2 years

The end game is either Bitcoin as decentralized self-sovereign money or CBDCs as mass surveillance money. To not believe in Bitcoin’s ethos and value proposition is to believe in the competency and integrity of central authority.

255

606

4K

109

18

495

Michael Green

@profplum99

3 years

Ok... gonna have to blow the lid off this SPAC nonsense at some point... the Mark Cuban of 2021 (sold worthless sh-t to a rabid crowd and walked away filthy rich). Note: this is not a suggestion to short SPACs, just the ethics of those deploying them in this manner

Jennifer Ablan

@jennablan

3 years

Billionaire investor Chamath Palihapitiya is the next Warren Buffett, Ritholtz chief Josh Brown says -

79

28

167

30

40

488

Michael Green

@profplum99

8 months

Still trying to understand why anyone thinks this is impressive. We spent $5T in stimulus to get 2MM fewer jobs than the average over the same length period. @BudgetHawks

Marc Goldwein

@MarcGoldwein

8 months

The U.S. has added 4 million jobs since before the pandemic. Graph via @katekgen of @BudgetHawks

13

32

97

54

77

495

Michael Green

@profplum99

3 years

Clubhouse... where the Dunning-Kruger flower flourishes, fueled by copious BS, hot air and spittle. I have this overwhelming sense of loss for the 45 minutes I allowed to die in the experience.

33

18

488

Michael Green

@profplum99

1 year

Officially the dumbest thing I’ve read today. Ignore the banks failing in practice, because in theory…. Bank liabilities are short-dated, assets long-dated. Maturity transformation is literally the job. Markets begged Powell to stop, but his “legaciness” beckoned.

Joseph Wang

@FedGuy12

1 year

Rising rates decrease the market value of bank assets, but that does not mean they are insolvent. This is because it also decreases the value of their liabilities. Deposits can be withdrawn in any time, but in practice are sticky so like fixed rate debt. It is a natural hedge.

52

25

226

74

45

493

Michael Green

@profplum99

3 years

“Teacher, how should we invest our savings?” “Well, Cindy, I personally have a defined benefit plan backed by the taxpayer… but for you, I recommend passive index and target date funds.”

Nick (⚠️)

@NickatFP

3 years

"They should teach personal finance in high school"

31

95

2K

25

47

481

Michael Green

@profplum99

2 years

I’m often asked about books. While I love history, a weak spot for me has always been math. Theory books on math, especially visual, have always helped me comprehend techniques even if my computation and formulation remains sub-par. A good list here

18

53

484

Michael Green

@profplum99

1 year

"I've never said that wages are a principle driver of inflation" J. Powell. "We need to get wages down to a level consistent with 2% inflation." Also J.Powell FFS

42

67

482

Michael Green

@profplum99

1 year

This remains one of the craziest chart pictures in my career... at every maturity the market is saying "no way" to the Fed... closest analog is an "inverse" 1995-6 when Greenspan Fed kept rates lower while market thought inflation a risk and politicians pushed for lower rates…

23

86

479

Michael Green

@profplum99

1 year

Well... there it is... same day the Fed tells us there's miles to go before they sleep...

82

58

475

Michael Green

@profplum99

2 years

"Five interest rate increases, with more to come, may finally put the brakes on the run-away market. " -- Jeremy Grantham, April 2000* 2022... "hold my beer" Note: * Fed hiked only one more time in May 2000 then cut 550bps

19

67

468

Michael Green

@profplum99

8 months

I wonder what my frequent searches for "Bankruptcy" is doing to my credit rating...

34

21

479

Michael Green

@profplum99

2 years

Way back in the Dotcom cycle, there was a website that tracked the dotbombs… can some enterprising CryptoTwit resurrect please? Tough to keep track now that they’re coming fast and furious…

朱溯 🐂

@zhusu

2 years

We are in the process of communicating with relevant parties and fully committed to working this out

4K

910

9K

51

34

471

Michael Green

@profplum99

7 months

I read this nonsense everywhere. Margin is not free you degens… borrow $1MM at 6.83% (best case) and invest to earn 5.2%… great trade!

Crypto Trafficker

@sethm1776

7 months

@Convertbond In your scenario— Open portfolio margin acct: buy $1M in short duration T-bills to earn 5.2%, then you have approx $990k in buying power to pursue option premium generation / other trade strategies as Tbills don’t take much buying power. Will easily earn over 10% in aggregate

7

1

8

56

20

465

Michael Green

@profplum99

2 years

Can someone... ANYONE... please explain to me how an ECB rate hike will reduce German energy prices in a sustainable fashion? We have thousands of years of history and I have yet to find another example of "hiking interest rates to fight a war"

LiveSquawk

@LiveSquawk

2 years

Near 50-Year High German Inflation Strengthens Case For Larger ECB Rate Rise - RTRS

1

2

15

80

46

479