Macronin

Macronin

@macronin1.bsky.social

Risk taker not influencer. Not advice. HF guy and a *gulp* fintech founder. Some clown got to macronin first.

784 followers294 following3K posts

Macronin
@macronin1.bsky.social

Correct take.

Karthik Sankaran@rajakorman.bsky.social

One of the more interesting things that’s happened this year is the gold to oil ratio signaling that it’s not enough to own generic “real assets” in the face of a negative supply shock but rather that you need to own the thing specifically experiencing the negative supply shock.

Macronin
@macronin1.bsky.social

Same. Let’s not talk about the fact that much of the tax base in London is from the wretched “foreign born”. Unlike these yahoos in Chichester who assault foreigners and likely are negative contributors to the public purse.

Robin Wigglesworth@robinwigglesworth.ft.com

Fwiw this includes me (a British citizen but born abroad), my Norwegian midwife partner, and two of my three children. Nice to know that The Times thinks we are undesirable but has watched “helplessly” as we lived in London.

Macronin reposted

Tony Tassell
@tonytassell.bsky.social

Index providers are now hugely powerful in markets and economies - do recent actions in Indonesia and Turkey show they are overstepping the mark, doing what local regulators and govts should be doing? strong column here from former S&P Dow Jones Index ceo Alex Matturri. as.ft.com/r/5942b8ef-1...

as.ft.comAre index providers overstepping the mark?Action against Indonesia and Turkey is a venture into territory best left to local regulators and governments
Macronin
@macronin1.bsky.social

Correct take.

Duncan Weldon@duncanweldon.bsky.social

We can debate to death what the ideology of the Blair/Brown governments actually were. But the actual retail politics offer can be quite fairly summarised as ‘tax credits and ASBOs and public services that work’.

Macronin reposted

David Henig
@davidheniguk.bsky.social

So this is a big deal, and perhaps even *the day Brexit delusions die*. For the EU threatens to restrict automotive sector access unless the UK follows its trade and investment rules. And China threatens to retaliate if the UK does what the EU wants. www.politico.eu/article/chin...

politico.euChina threatens retaliation if UK follows the EU on tariffsChina urged Britain to follow World Trade Organization rules and warned it against copying Brussels’ approach, arguing that tariffs on Chinese EVs would be discriminatory.
Macronin
@macronin1.bsky.social

Those are called elections.

Tony Tassell@tonytassell.bsky.social

It’s time to give individual shareholders direct votes on climate change - strong column here from former HSBC CEO John Flint. He says given the retreat from green committments by fund managers and corporates, individual savers and investors must have a direct say as.ft.com/r/ae007121-c...

Macronin
@macronin1.bsky.social

This is a 40 vol commodity, people. A dollar move is ~.4 sigma. In other words totally confounded by noise. @jc-econ.bsky.social is right here.

Julia Coronado@jc-econ.bsky.social

The December Brent contract confirms that the Russian sanction decision is about many things, but not oil prices (media *should* be writing it up for what is it and not trumpeting the $1 decline in futures prices after a $48 or 44% run up in prices this year)

Macronin reposted

Quanta Magazine
@quantamagazine.org

Attention is a mathematical operation built into AI systems that allow them to link words and build context. What can this mechanism teach us about our own linguistic ability? https://www.quantamagazine.org/is-attention-the-essence-of-intelligence-20261012/

quantamagazine.orgIs ‘Attention’ the Essence of Intelligence? | Quanta MagazineA mathematical mechanism enables AI models to process language at scale, undergirding the current AI revolution. Our columnist asks: Why is attention the key?
Macronin
@macronin1.bsky.social

Gotta say… I’ve flown a lot, and I’m a princess when it comes to longhaul. But the current prices are impacting my consumption.

Tuffy@smtuffy.bsky.social

Can’t see any flaws with this plan

Macronin reposted

NBER
@nber.org

Documenting three findings that challenge the conventional view of pension funds as stabilizing investors, from Aleksandar Andonov, Kristy A. E. Jansen, and Joshua Rauh www.nber.org/papers/w35896

Macronin
@macronin1.bsky.social

It’s getting hot in here….

Robin Brooks@robin-j-brooks.bsky.social

The US has stepped back from taking out IRGC gunboats in the SoH. That's created a vacuum that the IRGC is only too happy to fill. The result is shipping costs for crude that are way above anything we saw in 2022. Time to shut down IRGC and its gunboats... robinjbrooks.substack.com/p/how-much-f...

Macronin
@macronin1.bsky.social

It is long surge compute pricing with a mix of counterparties for credit risk. Great when things are good. Not so much when bad. But they are also a large customer…

Jesse Felder@jessefelder.com

‘CoreWeave’s business model defies easy description. Its financial arrangements have been compared by some investors and analysts to that of the troubled office-space provider WeWork.‘ www.nytimes.com/2026/10/17/b...

Macronin reposted

Michael Derby
@michaelsderby.bsky.social

Tech bosses pick a side.

Josh Sternberg@joshsternberg.com

Meta took down the No Kings instagram; TikTok banned the Musk documentary account for supposedly violating its political posting policies. A reminder that platforms are owned by the wealthiest of people, control the means of media distribution, & put their thumbs on the democracy scale as they wish

Macronin reposted

IEEE Spectrum
@spectrum.ieee.org

From pigeons carrying stock quotes to Bloomberg’s Market Master terminals, the history of #finance is really a story about how fast you can move information and who controls that transfer. buff.ly/A2ohMwc

Macronin
@macronin1.bsky.social

This is bad analysis and assumes no selling to meet the tax bill. The impact would be material. That may be worth the decision but it is important to appropriately price trade offs. This “no impact-ism” is bullshit and the flip side of the Brexit coin.

Robert Reich@rbreich.bsky.social

California’s billionaires have a combined net worth of $2.4 trillion. Under Prop 40, their net worth would fall to…just under $2.3 trillion. What amounts to a rounding error for them would allow millions of their fellow Californians to afford healthcare. Vote yes on Prop 40.

theguardian.comThe ultra-rich are spending one million dollars a day fighting California’s proposed billionaire taxTech billionaires have raised more than $340m to defeat Prop 40, a one-time 5% wealth tax that will fund healthcare and
Macronin
@macronin1.bsky.social

This is the right take. Saylor is not the CB of bitcoin. He can’t make it. The analogy is a poor one.

Karthik Sankaran@rajakorman.bsky.social

I just saw someone there refer to Michael Saylor as the Central Banker of Bitcoin, and I kept trying to think of analogies and how anyone could believe that, and the closest I could come up with was the Argentine Central Bank during the 1995-2001 currency board regime.

Macronin reposted

Quanta Magazine
@quantamagazine.org

In the early 1900s, Emmy Noether explored the mathematical consequences of symmetries. In doing so, she shook the very foundations of fundamental physics. https://www.quantamagazine.org/how-noethers-theorem-revolutionized-physics-20250207/

quantamagazine.orgHow Noether's Theorem Revolutionized Physics | Quanta MagazineEmmy Noether showed that fundamental physical laws are just a consequence of simple symmetries. A century later, her insights continue to shape physics.

Macronin reposted

Kate Starbird
@katestarbird.bsky.social

Y’all, I hate to rain on the dead bot parade, but the Yandex data center destruction doesn’t seem to have significantly impacted social media bots. I made temporal graphs of X posts about AfD around the time of the attack and there’s no sign of a sudden dip or residual impact on that conversation.