David Pickworth
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davidpickworth.bsky.social
David Pickworth
@davidpickworth.bsky.social
Investment banker/unashamed financial migrant.
Reformed 2-wheel hooligan.
Slave to a French Bulldog.
High functioning alcoholic.
When the CEO of the world's leading chip maker says the Chinese are going to win the AI arms race, be afraid, be very afraid... the US economy would be deep in recession territory without the huge spending on AI technology.

#AI
November 6, 2025 at 9:21 AM
We're back to Trump/Putin deciding on how the war ends... they think they can carve-up the spoils without Ukraine or Europeans sitting at the table.

The #BudapestMemorandum2.0 will be as meaningless and hollow as the first.
October 21, 2025 at 7:19 AM
This is how Trump negotiates on behalf of Putin.
October 20, 2025 at 9:46 AM
#Trump considers new architectural plan for #WashingtoDC
October 19, 2025 at 10:20 AM
Diplomacy for beginners…
October 19, 2025 at 9:50 AM
What fresh hell is this?
CleanData?
October 18, 2025 at 2:22 PM
This is the 'Hitler Youth'... I don't see them fitting in very well 😜
October 17, 2025 at 2:25 PM
#TradeWars
The US tried to control China's access to semiconductors.
China retaliated by blocking rare earth exports and stopped buying soybeans.

#Bessent doesn't understand that trade is a 2-way street.
China won't be cowed into submission by bullying tactics.

US consumers are paying the price.
October 14, 2025 at 8:26 AM
October 13, 2025 at 8:26 PM
No lies detected...
October 11, 2025 at 9:58 AM
Trump preparing for war against Norway.
October 10, 2025 at 9:32 AM
80% of US stock market gains in 2025 are from AI.
Stock market gains enrich the top 10% who are driving the economy with their spending (it now accounts for 50% of consumer spending).

But behind the hype, the reality isn't so rosy...

fortune.com/2025/08/18/m...
October 6, 2025 at 8:29 AM
October 4, 2025 at 12:39 PM
Here’s my little girl modelling for a jewellery company… she’s working I’m watching 😜
September 20, 2025 at 9:53 AM
This is what should have happened in the US… but the Democrats were too weak and forgiving.
September 12, 2025 at 7:25 AM
#Trump called for the death penalty for the Central Park 5 in 1989... for a violent assault and rape that they didn't commit.

Let's join him in a call for the death penalty for rapist pedophiles in the #Epstein case.

#ReleaseTheEpsteinFiles
September 10, 2025 at 9:36 AM
Cool. #Apple launch a super thin iPhone which will mean we need to buy thicker cases to protect an already fragile phone that doesn't need to be any thinner in the first place. Genius.

I'll stick with the old one, thanks Tim.
September 10, 2025 at 9:06 AM
Nigel Farage arriving back in the UK after a bruising encounter with Representative Jamie Raskin (D-MD).
His celebratory tour, designed to align him with Trump’s strong-arm, anti-immigrant policy, ended in tatters when somebody actually questioned his obviously false assertions.
#Raskin v #Farage
September 6, 2025 at 6:45 AM
Bond investors are smarter than that. Tariffs are a tax on US businesses and consumers that will eventually lead to a shrinking of the economy, which, combined with rising inflation and $4tn of extra debt from tax cuts will lead to higher borrowing costs and higher debt.
It's just economics stupid.
September 4, 2025 at 7:58 AM
September 2, 2025 at 12:23 PM
Truth Social: 3:13am

Prices are "WAY DOWN"... is he suggesting the US is entering a period of deflation caused by (a) excess supply (b) reduced demand or (c) decrease in money supply (due to net capital outflow)?

Answer A, B, C or D... he hasn't got a clue.
September 1, 2025 at 9:21 AM
This sounds familiar…
August 29, 2025 at 10:13 PM
The Fed normally cuts rates to stimulate a stagnant economy... but according to the White House the economy is booming.

What is it that people say about doing the same thing over and over again and expecting different results? Here's what happened every other time they did this...
August 26, 2025 at 10:02 AM
Here we go...
He tried to bully Powell out. that failed.
Now he's 'sacking' Cook to replace her with another toady.
If it works, Fed independence is dead.

30-yr Treasuries currently at 4.94%
August 26, 2025 at 7:38 AM
Similar vibes...
August 16, 2025 at 9:55 AM