@nicholasgrossman.bsky.social‬ The bond market shows capital flight from the United States, with people selling off US debt. It’s the opposite of what usually happens during economic turmoil, when pe… (View Post)

The EU’s response to U.S. President Donald Trump’s decision to impose so-called reciprocal tariffs on all of America’s trading partners may be less aggressive than expected, but it does show some cre… (View Post)

Run for the hills !!! @NickTimiraos Bessent: "There is a little uncertainty, but in general the companies I've spoken to…tell me the economy is very solid." "We are in pretty good… (View Post)

It is an ironic side effect that Trump might actually save Ukraine by mistake... (View Post)

This seems, bad... @biancoresearch Something has broken tonight in the bond market. We are seeing a disorderly liquidation. If I had to GUESS, the basis trade is in full unwind. Since Friday's c… (View Post)