Paolo Bernardi
@paolobernardi.bsky.social
“Only time can heal what reason cannot.” Seneca
Neminem Laedere
Environment Economy International policies
Energy Agriculture Human and Animal Rights
Allergic to dictators
Never advice
Neminem Laedere
Environment Economy International policies
Energy Agriculture Human and Animal Rights
Allergic to dictators
Never advice
In case you don’t have a subscription here the screenshots 1/2
November 15, 2025 at 2:45 AM
In case you don’t have a subscription here the screenshots 1/2
"Grok is that true?"
Grok:
Grok:
November 14, 2025 at 12:45 PM
"Grok is that true?"
Grok:
Grok:
This is extremely interesting from @johnholbein1.bsky.social voting registrations scores by industry profile
November 14, 2025 at 12:18 AM
This is extremely interesting from @johnholbein1.bsky.social voting registrations scores by industry profile
to whom it may concern, but Noah seems very concerned about NY public transportation and particularly subway system direction - and after what we learnt, understandably so.
November 13, 2025 at 2:14 PM
to whom it may concern, but Noah seems very concerned about NY public transportation and particularly subway system direction - and after what we learnt, understandably so.
@southparkstudios.bsky.social last episode is going to be an interesting one
November 13, 2025 at 1:31 PM
@southparkstudios.bsky.social last episode is going to be an interesting one
Daily Mail found that White House gold decorations are from... check notes... Home Depot
November 13, 2025 at 1:12 PM
Daily Mail found that White House gold decorations are from... check notes... Home Depot
While his boss Peter Thiel had fun with JE
November 13, 2025 at 12:56 PM
While his boss Peter Thiel had fun with JE
Larry Summers sum up in one email
November 13, 2025 at 12:48 PM
Larry Summers sum up in one email
This is so typical of this company. It sends you Annual Report... click on it and tries to go to MS Word - and then this message comes up - they are getting back to their Vista age....
November 12, 2025 at 3:58 PM
This is so typical of this company. It sends you Annual Report... click on it and tries to go to MS Word - and then this message comes up - they are getting back to their Vista age....
Russia is weak; they were expecting a surplus of Ru400B they got a deficit of Ru402B. Look at money supply: M2 +2% in a month; over 13%YTD = massive lending going.
BTW they need to cut 18%expenses Nov Dec to meet the target deficit!!
Perhaps that is why Putin is meeting Kazakhstan and Uzbekistan?
BTW they need to cut 18%expenses Nov Dec to meet the target deficit!!
Perhaps that is why Putin is meeting Kazakhstan and Uzbekistan?
November 12, 2025 at 1:47 PM
Russia is weak; they were expecting a surplus of Ru400B they got a deficit of Ru402B. Look at money supply: M2 +2% in a month; over 13%YTD = massive lending going.
BTW they need to cut 18%expenses Nov Dec to meet the target deficit!!
Perhaps that is why Putin is meeting Kazakhstan and Uzbekistan?
BTW they need to cut 18%expenses Nov Dec to meet the target deficit!!
Perhaps that is why Putin is meeting Kazakhstan and Uzbekistan?
Brad Setser with the nail on the coffin
November 11, 2025 at 11:04 PM
Brad Setser with the nail on the coffin
nothing new, unfortunately
November 11, 2025 at 5:41 PM
nothing new, unfortunately
Warren Buffett with his always elegant wit does a praise of public schools, family doctors and kindness [to whom it may concern]. His plan is to give all away. And he reminds us that "when you help someone in any of thousands of ways, you help the world. Kindness is costless but also priceless." WB
November 10, 2025 at 9:59 PM
Warren Buffett with his always elegant wit does a praise of public schools, family doctors and kindness [to whom it may concern]. His plan is to give all away. And he reminds us that "when you help someone in any of thousands of ways, you help the world. Kindness is costless but also priceless." WB
NO - you are looking at the sticky price consumer index LESS Food and Energy. While inflation minus F&E is important gauge long term bcs under NORMAL conditions that is volatility based here we are facing a STRUCTURAL change.
The FRED data you should look at is this and it is bad and going worse.
The FRED data you should look at is this and it is bad and going worse.
November 10, 2025 at 3:10 PM
NO - you are looking at the sticky price consumer index LESS Food and Energy. While inflation minus F&E is important gauge long term bcs under NORMAL conditions that is volatility based here we are facing a STRUCTURAL change.
The FRED data you should look at is this and it is bad and going worse.
The FRED data you should look at is this and it is bad and going worse.
Main job of ATC is traffic separation and conflict resolution. 14CFR1.1 . It would be like saying to drivers to ignore speed limits and traffic signs. It is for everyone’ safety.
November 9, 2025 at 6:09 AM
Main job of ATC is traffic separation and conflict resolution. 14CFR1.1 . It would be like saying to drivers to ignore speed limits and traffic signs. It is for everyone’ safety.
Current Conditions Vs Expectations
November 7, 2025 at 4:31 PM
Current Conditions Vs Expectations
next will be the fridge
November 5, 2025 at 4:52 PM
next will be the fridge
Stephen Miran wants to cut rates.... senior loan officers though are tightening credit standards (courtesy The Daily Shot).
November 4, 2025 at 2:29 PM
Stephen Miran wants to cut rates.... senior loan officers though are tightening credit standards (courtesy The Daily Shot).
Couple of things are very clear about AI (see also recent Sam Altman interview on BG2Pod).
1. AI is necessary transformation.
2. AI is a tech ouroboros and will chop their margins to a mature stage industry.
Corollary.
3. Some techs including couple of Mag7 are taking existential risks.
1. AI is necessary transformation.
2. AI is a tech ouroboros and will chop their margins to a mature stage industry.
Corollary.
3. Some techs including couple of Mag7 are taking existential risks.
November 3, 2025 at 3:54 PM
Couple of things are very clear about AI (see also recent Sam Altman interview on BG2Pod).
1. AI is necessary transformation.
2. AI is a tech ouroboros and will chop their margins to a mature stage industry.
Corollary.
3. Some techs including couple of Mag7 are taking existential risks.
1. AI is necessary transformation.
2. AI is a tech ouroboros and will chop their margins to a mature stage industry.
Corollary.
3. Some techs including couple of Mag7 are taking existential risks.
Shot
EM "Only nazi can save Germany"
Chaser
"...but they hate EVs..."
EM "Only nazi can save Germany"
Chaser
"...but they hate EVs..."
October 31, 2025 at 1:46 PM
Shot
EM "Only nazi can save Germany"
Chaser
"...but they hate EVs..."
EM "Only nazi can save Germany"
Chaser
"...but they hate EVs..."
👇 Great sum up.
cc @robarmstrong.bsky.social
cc @robarmstrong.bsky.social
October 30, 2025 at 12:08 PM
👇 Great sum up.
cc @robarmstrong.bsky.social
cc @robarmstrong.bsky.social
the daily market breadth distribution is something else
October 29, 2025 at 12:47 PM
the daily market breadth distribution is something else