X（推特）上的财经、科技与宏观账号
Valuation based on widget without the manufacturing costs The annoying part of this argument is ok if you’re comfortable saying this model family will dominate all other options at multiple points because of product leadership/ brand loyalty/ecosystem lock-in or whatever at 引用 @malinvested：🙃 htt
Uncomfortable notion for all the folks complaining about climate tech rebrands and the like. It’s the foundation for much of the demand we’re seeing today - commercial, investor appetite, social interest. Heard from a prominent one that recent years have been among the best for 引用 @leepnet：AI saved
Many investors in the current market constantly asking others, practioners, and mgmt teams about 'their experience with AI' and then make up their mind as some derivative mosaic of 'things they hear' from others like my brother in christ, open up Claude Code or Codex and use it!
Shout out my guy @rmcentush on the great piece around why it's not as simple as ordering a bunch of equipment and 'plugging it in' for data centers - grid or BTM. This is helpful for laymen and experts, both! Visuals are great. Lucky to see early version of the piece and Ryan https://t.co/jB8lBonRc
Trump accounts and the tweaks which divert their true educational and savings purposes to something less and potentially more at risk to poor motives are being discussed again. Here are my thoughts. https://t.co/v1RFy0EuQX
美联储9月议息会议纪要显示，委员们普遍认同需要进一步控制通胀，但对加息逻辑的侧重点不同：一部分关注能源供应冲击带来的通胀风险，另一部分认为需求仍然偏强。纪要传递出加息共识较强、10月不急于行动的信息。
My latest #MarketSnapshot video has published … not looking my best as I have been under the weather … but plugged away on the topic of weak market breadth: https://t.co/CrEF494OFq
Grok @Bot is like hiring an extremely competent employee! 引用 @Michael_Fenech_：I keep hearing the same thing from people trying Grok Bot: “I’ve tried it. But I still don’t really understand what I’m supposed to use it for.” If that’s you, give me 53 seconds. I’ll show you the mental model that ma
It's been 3+ years since I outlined the only way to kill inflation in a wealth/dissaving driven economy. We are in the early stages of Act 3 and the supply catalyst turned out to be both private and public sector. https://t.co/VmRFAmk13t https://t.co/46GLV7K2x1
Cooling LLM Spend Timely data suggests paid models ARR growth slowing considerably in recent months. How will the needed $3tln/yr in revenue come by 2030 when linear growth (or worse) is happening at 120bln/yr? h/t @Silicon_Data https://t.co/WtFsXAjiSP https://t.co/34IoGdPhrU
Wrote about this earlier this week, but I think the heart of the bond selloff is basically countries and companies (hyperscalers) have no choice but to keep borrowing, and investors suddenly have a lot more options about what to put their money in. https://t.co/zy1bsbnNAY https://t.co/9FhJRqdMax
Interesting post. The move he suggests would be a further shift to mercantilism and would be declaring economic war with the U.S. 引用 @DannyDayan5：Nationalism has made the world more expensive. Europe and their bond markets have been the most negatively impacted. There are actions policymakers ca
EU preparing a series of safeguards cases to address the second China shock. Makes sense: there are clear import surges that are disrupting parts of the European economy 1/ https://t.co/nrRa8m2Mdj
While the world frets human extinction from AI, @KevRGordon and I look at AI’s impact on humans’ jobs: https://t.co/Lm87VvW5YM
While bond market dooming is in vogue, the reality is most of the US yield move has come in response to stronger than expected economic surprises. A dynamic that could easily reverse given how high forward expectations have become. h/t @thedailyshot https://t.co/MGFdA0L3wJ
One thing that absolutely is in the textbooks -- a big investment boom both pulls in imports and changes the savings v investment balance. The current data center/ AI investment boom is in fact unusually import intensive 2/3 https://t.co/lILe9wv7wx
One thing that is not in the textbooks: the wild gyrations in gold (imports, then exports) and pharmaceuticals, triggered by anticipation of possible tariffs that never materialized 1/2 https://t.co/OCCIYUYLXh 引用 @mattyglesias：Trade deficit is a function of savings dynamics and capital flows, not
In today's post, the authors explore how investment responsiveness to monetary policy changes across firms and over time. Their findings underscore the importance of considering the entire distribution of investment responses rather than focusing on the average effect.
NB: Recently learned that blowing a raspberry is Cockney rhyming slang. Raspberry is condensation Raspberry Tart, and tart rhymes with fart, which is what blowing a raspberry sounds like. 引用 @talmonsmith：Earl at BMO said a while ago we'll be hitting 6 on the 30yr sooner than later and i remember
final assembly of all the data center computers has shifted to Mexico and Taiwan as much as it has shifted to Vietnam ... https://t.co/mly2GqkidL
The tariff that had the biggest impact on the US bilateral deficit with China? The no longer in effect fentanyl tariff, which didn't exclude electronics -- if even 30% of current computer imports came from China that would add $100b to the bilateral balance! https://t.co/Qb51fUvgyE 引用 @tradewart
The last thing an advisor needs is to explain to a client that they are facing a retroactive tax clawback in some product when the admin has already made it clear that it's in the cards for the most abusive versions of these products.
Recent rise in advisors asking me how to think about the various tax avoidance strategies that they are getting bombarded with every day. My answer is pretty simple - if it sounds too good to be true, it probably is.
One of the funniest consequences of AI is exposing the fact that mathematicians consider math to be an aesthetic pursuit and a source of permanent unvetted sinecures rather than a set of problems to be solved 引用 @mathandcobb：The scale of this is staggering. But... Why? Why is OpenAI trying to so
I really enjoyed attending The Curve this past weekend. Good writeup here from Zvi about the event. 引用 @TheZvi：https://t.co/71njtKE2gQ
回到21倍咯，利率下降回到24倍算合理？现在不算贵，但性价比肯定不如7月底，8月底和9月中旬 这些只是指数，投个股就看个股，比如 $INTC，仍然便宜 https://t.co/PaY74DT8aG 引用 @lynynyyyyy：@TJ_Research 🍑总，请问下soxx从七月低点反弹了25%了，现在估值水平还是算中性水平吗 感谢回复。🫡
question for econ/finance: 1. what's the strongest case that AI is behind the increase in treasury rates? 2. what's the strongest case that AI is behind the rise in inflation?
I don't think Mr. Balding quite understands how the game is played -- the effort to negotiate a voluntary export restraint wasn't really aimed at China, but rather at maintaining unity in Europe. Šefčovič had to try ... 1/2 引用 @BaldingsWorld：I can't believe I am seeing so much shock that China e
I really think everyone over-complicates this. There’s a lot of spending right now, a decent chunk of which is related to AI. (all) Spending puts upward pressure on prices. To counteract upward price pressure, the Fed keeps rates high. Treasuries reflect Fed policy. 引用 @DKThomp：question for
Unfortunately, we are being blocked by certain oligarchs in order to maintain their monopolistic chokehold on the Indian people. You can guess who they are … This is a crime against the people of India! 引用 @cb_doge：India needs @Starlink 🇮🇳 • 11,256 of India’s listed villages still lacked 4G cov
Failures happen. But resilience at cloud scale is designed for the assumption that hardware will fail. The question isn't whether components fail. It's whether your architecture assumed they wouldn't. Read the blog by Mark Russinovich to learn more: https://t.co/s4IVVb1Rm4 https://t.co/BQXx83qoqk
Whatever it take for @Bot to deliver the best product experience for users 引用 @farzyness：Grok @bot will be insanely powerful if it’s completely model agnostic and the @SpaceXAI simply hyper-focuses on creating the greatest orchestrator AI of all time. That orchestrator AI will know what model is b
Starlink in India would enable high-speed, affordable Internet connectivity for those who can’t afford current prices or who don’t have a connection at all! 引用 @cb_doge：ELON MUSK: “We’d love to be operating Starlink in India. That would be great.” It’s been nearly four years since Starlink applied
Create interactive tools you can use right in the conversation, like a game or interactive budget planning calculator. https://t.co/7gwerFiaNu
Deepen your understanding of a topic with visuals that bring concepts to life. https://t.co/w3IUwyeljH
Starlink beams are turned off over India, so the claim that they were used by anyone for any reason is absolutely false https://t.co/y3R2L5JV7h 引用 @cb_doge：The claim that militants used Starlink in India makes no sense. Starlink satellite beams are turned off over India. With the beams off, no Sta
财经博主称，CEG 相关交易及购电协议（PPA）涉及 1.1GW 增容和 835MW 重启，合计约 2GW此前尚未实现的无碳电力。引用内容称，Google 和 Constellation 已公布两项协议细节，合同容量合计 3.6GW；其中一项为 890MW 新核电容量的 20 年 PPA，涉及伊利诺伊州、宾夕法尼亚州和新泽西州六处场址的 11 台机组增容，预计首次增容在 2028 年进行。
Grok Bot 将采用灵活的模型部署方式。SpaceX 表示，今后会针对不同任务选用最合适的后端模型，包括 Claude Opus 5.5、MidJourney、Suno 等领先 API，以提供更好的结果。
Increasingly getting more model diversity over time in terms of share of spend across incumbent lab models (e.g., OAI + Ant) + new competitors, while spend aggregates mostly to closed models. Tokens increasingly weighting towards open. As a reminder, Openrouter, Ramp, etc. are https://t.co/NztSFl
Guess we’ll see how open GPU financing markets remain with how this deal does PIMCO apparently interested 引用 @business：The AI arms race is running on debt. SpaceX is looking to borrow $40 billion for Nvidia chips, while Ray Dalio warns the boom is a “classic bubble” near its breaking point: Evenin