Markets, People, Opportunity and Risk. Hard asset investor.
Joined May 2013
- Tweets 3,360
- Following 1,242
- Followers 385
- Likes 1,661
Photos and videos
Pinned Tweet
3 Nov 2019
It's not fear and greed. It's fear and complacency. Greed is ever present.
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Andreas Calianos retweeted
22 Jan 2025
If your Christianity causes you to be offended by someone asking the most powerful person in the country to be merciful towards the powerless, then you have deeply, deeply misunderstood the teachings of Jesus Christ.
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Andreas Calianos retweeted
5 Jan 2024
From the river to the sea, they cried,
This land it must be free.
From the river to the sea, they screamed,
What we demand must be.
The Jordan’s banks will overflow
With crimson current high,
Awash with dead unto the Dead,
Till Galilee runs dry. ...
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5 Sep 2023
Sep. 5 1929 Irving Fisher's rival, Roger Babson, declared that “sooner or later a crash is coming, and it may be terrific.” This led Fisher to respond (as quoted in NYT in that Oct) that “stock prices have reached ‘what looks like a permanently high plateau.'"
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Andreas Calianos retweeted
27 Jul 2023
Experienced lenders know on a full-cost, total time horizon basis, REO has less PV than puking the paper. Shadow lenders (with only a handful of exceptions) do not have staffed REO depts. The puke paper trade together with DSCR covenants (tick tock) will be signifcant factors.
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Andreas Calianos retweeted
3 Jul 2023
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It's not often 100% of the ISM Manufacturing components register a below-50 reading.
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26 Jun 2023
When Lenders of Last Resort need a loan.
26 Jun 2023
“Bundesbank may need recapitalisation to cover bond-buying losses” ft.com/content/46d3952a-5ee2…
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Andreas Calianos retweeted
8 May 2023
Today’s update for Fed’s Senior Loan Officer Opinion Survey (SLOOS) shows net % of respondents reporting stronger demand for commercial & industrial loans fell to -55.6% for large firms (blue); -55.3% for small firms (orange)
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Andreas Calianos retweeted
13 Apr 2023
Remarkable chart 👇 Commodities on China autopilot. Ht @CavaggioniMario
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Andreas Calianos retweeted
26 Jan 2023
Nonresidential Bldgs construction spending in 2023 is going to really surprise, to the upside. Expect Nonres Bldgs spending up 15%, driven predominantly by Mnfg bldgs which will be up over 30%.
Mnfg Bldgs Nov 2022 SAAR is already up 18% over avg 2022 spending.
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Andreas Calianos retweeted
2 Jan 2023
A visual dictionary of philosophy – major schools of thought in minimalist geometric graphics themarginalian.org/2014/04/1…
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Andreas Calianos retweeted
27 Dec 2022
Buy and Hold may work in a bull market.
Otherwise it's Hit and Run.
t3live.com/blog/jeff-cooper-…
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Andreas Calianos retweeted
10 Dec 2022
I continue to write a newsletter for 2 reasons:
I am passionate about markets but writing about them makes me do the tough analysis I might otherwise pass on and miss things
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The loyalty and feedback of subscribers like Matt is priceless
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Andreas Calianos retweeted
10 Nov 2022
CPI is not inflation. CPI methodology minimizes print via hedonic adjustments, buy/rent gradient and “dynamic” seasonal adjustments. Remember the same entity that prints CPI pays for it via COLA adjustments. This goes back to the Boskin Commison (1996)
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Andreas Calianos retweeted
8 Nov 2022
They're called digital assets because they go from 1 to 0
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Andreas Calianos retweeted
10 Oct 2022
There is a central bank put on bond prices, as declines in the price of these perceived safe assets will lead to the insolvency of the financial system. This post describes the problem and suggests a pause in the relentless bond selloff is close.
fedguy.com/solvency-constrai…
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Andreas Calianos retweeted
3 Oct 2022
Clear, concise, contrarian and compelling.
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28 Sep 2022
Since 1982 debt buyers deemed genius as global int rates fell creating a sea of liquidity, fat and happy bankers and broadly supportive feedback loops for business and consumer. Lower-for-longer has reversed. Virtuous now vicious. Charles Ponzi revealed when buyers redeem.
22 Sep 2022
The transition from what you-thought to what-is produces cognitive dissonance. Dissonance hurts. Consequently investors are, as of today, universally Bullish Bears or Bearish Bulls. A temporary transitional coping strategy that resolves downward.
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