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fiveminutemacro.bsky.social
Macro trader. I used to be disgusted, now I try to be amused.
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Good Stuff from The Bad Place.

A lot of nattering nabobs of negativism on here, but I for one am confident this is as well thought out as, for example, his tariff plan.

Paging @jsphctrl.ft.com

Apropos nothing in particular. www.bbc.com/news/article...

The macro tourist in me preparing to short GBP after reading this weekend's Lunch With the FT.

Financial Times choosing violence this morning.

Classic blow-off top.

Bessent's Maoist baloney wouldn't smell quite as bad if he didn't look like he should be playing Richie Rich's dad in a straight to streaming movie.

If you think there's going to be a trade deal today between the US and the UK, rather than the concept of a plan, I've got a boatload of chlorinated chickens to sell you.

My wife uses the thickness of the FT's How to Spend It supplement as an economic indicator, but the blaring signal that we're spiralling down is this page, usually filled with frivolous tchotchkes.

I love how their dissembling has trapped them in this 'you wouldn't know them; Xi goes to another school' bit.

Did they memory hole Navarro and Lutnick?

You wouldn't know them; they go to a different uninhabited island.

China can retrench longer than the US can retrench; this is a simple fact of economic life which we're seeing play out as the Trump administration's pain points are on show. If the US had built a coalition against China, perhaps it would be a different story, but moron ate all his cards on live TV.

The art of taxation famously consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing. The tariff cudgel achieves precisely the opposite - minimal revenue, everyone angry, markets whipsawing. Art of the Deal.

The funniest thing about the tariffs was people saying 'yeah, these are his PRINCIPLES!'. Like, he has some animating impulses, sure, but principles; c'mon.

A reminder of how this stuff works: bsky.app/profile/five...

They made Mr Market look like @weisenthal.bsky.social

Tom and Jerry meets Veep

There are 160 million jobs in America, and Donald Trump couldn't be hired for a single one of them - no way he could make it through the interview process for anything, not even dogcatcher. And yet here we are, letting him take a hatchet to the global economic system. Something is profoundly wrong.