Joe Carlasare (@joecarlasare) 's Twitter Profile
Joe Carlasare

@joecarlasare

Commercial Litigator supporting #Bitcoin - Poker - Life is on the wire. The rest is just waiting. Not legal / financial advice

ID: 3259467336

calendar_today29-06-2015 03:52:56

19,19K Tweet

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Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

The Fed has run down its balance sheet for over two years. Growth by some metrics has actually accelerated since they began QT. Fed officials (including Powell) have said privately and publicly they don’t want to see the balance sheet expand again like it did during the pandemic.

Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

I’m sorry, but this is such an awful take. Walgreens declaring bankruptcy doesn’t mean they have to “turn the money printer on.” Do folks understand the Fed is legally barred from even giving money to Walgreens?

I’m sorry, but this is such an awful take. 

Walgreens declaring bankruptcy doesn’t mean they have to “turn the money printer on.”

Do folks understand the Fed is legally barred from even giving money to Walgreens?
Magoo PhD (@hodlmagoo) 's Twitter Profile Photo

Tune in this time for Peter Schiff predicting the end of the US dollar for the 33rd time this year. How does anyone take this guy serious let alone give him money?

Tune in this time for <a href="/PeterSchiff/">Peter Schiff</a> predicting the end of the US dollar for the 33rd time this year. 

How does anyone take this guy serious let alone give him money?
Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

Let’s review: 1. Powell says the labor market is “out of balance” and states they need unemployment to rise to impact demand and cool CPI/PCE. Fintwit predicts doom. 2. Powell leads the fastest rate hiking cycle in history and struggles to get unemployment to rise in the face

Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

This is the Fed’s June Summary of Economic Projections. They expect the unemployment rate to rise through the end of the year and then turn back down, but stay in a range of 3.8 to 4.3% through 2026

This is the Fed’s June Summary of Economic Projections. They expect the unemployment rate to rise through the end of the year and then turn back down, but stay in a range of 3.8 to 4.3% through 2026
Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

The cease and desist order against United Texas Bank was entered “upon consent” - which means the bank agreed to its entry and likely conceded it committed AML/BSA violations

The cease and desist order against United Texas Bank was entered “upon consent” - which means the bank agreed to its entry and likely conceded it committed AML/BSA violations
Seth Golden (@sethcl) 's Twitter Profile Photo

Confirmation of my former analysis: Residential construction employment at new expansion cycle highs. If construction activity/investment was actually trending lower, would be difficult to see such employment levels. #economy #Jobs #Macro #GDP h/t Warren Pies

Confirmation of my former analysis: 

Residential construction employment at new expansion cycle highs. 

If construction activity/investment was actually trending lower, would be difficult to see such employment levels. 

#economy #Jobs #Macro #GDP h/t <a href="/WarrenPies/">Warren Pies</a>
Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

It is exhausting the amount of nonsense people are spewing about this economy, which remains above trend. We had decades when unemployment was structurally higher and nGDP was structurally lower. Yet, people think the end is nigh.

Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

Opens twitter. “On this week’s episode of irrational overreaction, the yen carry trade is back with renewed recession fears! A uninverted yield curve means DOOM is here. Time to sell everything and buy tbills… until next week when the market starts rallying. Then, we will

Joe Carlasare (@joecarlasare) 's Twitter Profile Photo

I’ve had this hat since 2021 when someone sent it as a gift. Is it cursed? Should I burn it so we can finally get to 6 figures?

I’ve had this hat since 2021 when someone sent it as a gift.

Is it cursed?

Should I burn it so we can finally get to 6 figures?