Urban Carmel
@ukarlewitz.bsky.social
Former: UBS Securities, Asia Ex-Pat, McKinsey, Mayor of Mill Valley, Finance Twitter. Fan of causal relationships, behavioral finance and the Quad Dipsea.
Both streaks came to an end today, with a close under the 50-dma (first time in 139 days) and a drop of 3% (first time in 145 days).
November 17, 2025 at 9:00 PM
Both streaks came to an end today, with a close under the 50-dma (first time in 139 days) and a drop of 3% (first time in 145 days).
N=4 over 70+ years is absurdly small but the end of prior streaks has been followed by higher highs. That’s momentum, it doesn’t reverse on a dime. Same source
November 7, 2025 at 3:38 PM
N=4 over 70+ years is absurdly small but the end of prior streaks has been followed by higher highs. That’s momentum, it doesn’t reverse on a dime. Same source
Here’s the original clip of Ronald Reagan from April 25, 1987, where he delivered a complete and total rebuke against tariffs. Trump's calling Reagan’s words here “FAKE” and “fraudulent.” They’re 100% real. And the original clip is actually far worse for Trump, as much is left out of the ad:
October 24, 2025 at 2:17 PM
This chart looks familiar
October 24, 2025 at 12:54 AM
This chart looks familiar
It's a bubble where the talk every week is about how it's a bubble
October 22, 2025 at 3:23 PM
It's a bubble where the talk every week is about how it's a bubble
Oh for 3 so far. Going down like a Trump steak
October 16, 2025 at 6:16 PM
Oh for 3 so far. Going down like a Trump steak
Gold doesn't correlate with inflation and copper doesn't correlate with equities, so why a ratio of these two should be useful is a mystery. Go ask a CMT
October 14, 2025 at 11:03 PM
Gold doesn't correlate with inflation and copper doesn't correlate with equities, so why a ratio of these two should be useful is a mystery. Go ask a CMT