.@PeterSchweizer: "In China alone, we have identified more than 1,000 birth tourism companies that are almost exclusively focused on the United States."
"You are looking at roughly 1 million 'U.S. citizens' who are being raised in the People's Republic of China today."
I hope they do something cool with the old CBOT pit... other than pickleball courts.
But in loving memory of old school Wall Street, here are my favorite floor trader hand signs, before HR and DEI.
Source: Trading Pit History
In about 6 years I'm going to take one of the 400 incandescent bulbs my wife has squirreled away and I'm going to secretly screw it into a lamp in a room full of young people who've known only the sad grey new bulbs and then I'm going to switch it on and transform their world
"It always used to look like this," I'll say
Then I will offer to lead them
The bankruptcy of @Yellow_Trucking has investors worried about the health of the trucking industry. @FreightWaves CEO Craig Fuller has an inside look at the transport and logistics market:
If you just woke up from a coma:
We're on day 967 of 2 weeks to stop the spread, inflation has wiped out 1 month of your paycheck & 25% of your retirement, we gave Ukraine $80 billion, let in 3 million illegals, and an ice cream eating dementia patient says everything's fine.
Dynamic hedging of a long call 101
This is going to be a really rough basics of dynamic hedging with no math. It's how I taught the Salomon Brothers and Bridgewater associates training class this topic. Just concepts. It's important to understand because sometimes the dynamic
“Anybody got an idea for our next commercial?”
“How about some dirty bastard driving a Jeep around like a maniac with a grizzly bear riding shotgun?”
“Now you’ve got my goddamn attention.”