Sid Verma

I still don’t get how the effective end of US-China trade flows (for now) doesn’t feel bigger

RT @mmcassella: Tariffs still in place: —125% on Chinese imports —25% on steel, aluminum, autos, and non-USMCA goods from Can/Mex —10% on n…

S&P 500 culturally appropriating meme-stock energy again

Your boyfriend says: Lol, as James Carville once said: “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter.  But now I would like to come back as the bond market.  You can intimidate everybody.”

If the bond move really is mostly about the basis trade, then having opaque leverage and pod shop disruptions would be the absolutely best scenario from a financial stability perspective

RT @TheStalwart: MUST-READ: @tracyalloway explains literally everything you need to know about the basis trade. Read the full thing here…

Stock futures continue to plunge, which makes sense - if you think tariffs stick - given valuations remain rich https://t.co/SSlG2zmJNf

Why aren't far away from a partisan take when markets go lower that's like: Stocks fall as trade negotiations raise the prospect of lower tariff revenues, pressuring the federal deficit.

Nice little rally you are building there. Would be a shame if a headline or something happened tomorrow afternoon EST and knocked it over https://t.co/9KYOBWx8pr

Stocks flat. Guess it was priced in. Thanks for playing guys https://t.co/BRafpSRHrL

RT @RenMacLLC: Remember, Hong Kong and Chinese markets were closed on Friday, so Monday's price action is a reflection of Friday's "catch-u…

as much as 5.4% now

Sid Verma @_SidVerma

US stock futures plunge as much as 3.5% at the open https://t.co/Y6KdNVBHyi

US stock futures plunge as much as 3.5% at the open https://t.co/Y6KdNVBHyi

Okay, maybe the tariffs end up deflationary https://t.co/ZyFXXPM9Yr

Your boyfriend just raised his probability of a U.S. recession to 35%

RT @tylermacro10: Lots of people on this site are ideological hacks Lots are theological hacks But a decent amount are just epistemologic…

The bro-commodification of the Studio Ghibli aesthetic is an existential threat for twee, indie types.