Rudy Havenstein, Senior Markets Commentator.
@RudyHavenstein
He/Haw/Xi
Reichsbank President 1908-1923
Uncategorizable.
Tweets are solely for my own amusement.
"My way of joking is to tell the truth." - G.B. Shaw
1.3K Following 141K Followers
Inflation IS a default.
“The holding companies of these insurance companies that also own the alternative asset management firms, Apollo, KKR - you’re saying that if the insurance entity dissolved & went bankrupt, even though they don’t go bankrupt, that KKR, Apollo, or the parent company would have no obligation to make things whole?"
“They have zero obligation to make things whole. And you can see that in Athene investor presentations.” $APO $KKR
Show more
The 10-year is below 5% at this moment
I haven't seen such a lack of self-awareness since Janet Yellen's last Fed press conference.
“People say, ‘We can’t afford higher rates’...But the answer isn't to force them unnaturally low...
Congress isn’t going to say 'Oh, good. You fixed the deficit.' It’s 'Oh you took my credit card limit off of its max. Now I’ve got room to run it right back up to the limit again'
Show more
*BESSENT THREATENS TO GIVE IRAN FREE SUBSCRIPTION TO JIM CRAMER INVESTING CLUB AS ECONOMIC WAR ESCALATES - NY POST.
