George Pearkes
peark.es@bsky.brid.gy
No longer Bluesky’s only resident finance bro | Macro Strategist | Even the blind squirrel get a nut sometime. | #ForTheCrown, #COYG | 🇺🇸 via 🇨🇦. Not 🏴. | Normal man, one of the Normal Men *ALL CAPS HEADLINES LIKE THIS ARE FROM BLOOMBERG 📍 CLT<br><br>🌉 <a href="https://fed.brid.gy/bsky/peark.es">bridged</a> from 🦋 <a href="https://bsky.app/profile/peark.es">peark.es</a>, follow <a class="h-card u-author mention" rel="me" href="https://bsky.brid.gy/bsky.brid.gy" title="@bsky.brid.gy@bsky.brid.gy">@bsky.brid.gy</a> to interact
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Payrolls -23k vs +80k est / +57k prev -103k net revision U-3 UER 4.1% vs 4.2% exp / 4.2% prev U-6 UER 7.9% vs 8.0% exp / 7.9% prev LFPR 61.4% vs 61.6% est / 61.5% prev Avg hourly earnings +0.1% MoM vs +0.3% MoM est / +0.3% prev RE: https://bsky.app/profile/did:plc:pnx2fjuannbdpy3337ggthpp/post/3msikeqn3u226
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NYT: Musk preparing 9 figure spending campaign in support of Republicans in "swing" states like Ohio, Iowa, Alaska, and Texas.
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30y mtge price off the belly not the long end because their duration is more like 6-8 years than 30; that free prepayment option gets exercised and REGULARLY. Refis + moves mean the typical mortgage gets paid off long before scheduled maturity. More in the thread linked in next post. RE: https://bsky.app/profile/did:plc:y3cfhqre6iuilnhwp23fgl2v/post/3mrub7adt4s2p
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Can't find the full text but Pete The Drunk staggering up to Senate Armed Services hat in hand asking for $3.5bn to cover lost/damaged equipment & fuel is DELICIOUS. *SENATE PANEL POSTS DEFENSE SECRETARY HEGSETH'S PREPARED REMARKS *HEGSETH TO TELL SENATE PANEL PENTAGON NEEDS FUNDS URGENTLY
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The President just announced a 20% toll on all cargo shipped through Hormuz, payable...to the US>
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Absolutely insane numbers on data center buildout. I haven’t vetted these by they’re about right based on memory/back of the envelope.