Profile picture
Raoul Pal
@RaoulGMI
, 5 tweets, 2 min read Read on Twitter
@TheStalwart

Joe, As you know I am a big fan of your work, although I am not a fan of the condescending snark, which I find unnecessary. In response to your tweet about my observations, I'd like to set the journalistic record somewhat straight... so I wrote you a note...
Thanks for reading. I hope that you fine the context useful.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Raoul Pal
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @RaoulGMI see all

Profile picture
Raoul Pal
@RaoulGMI
I'm honestly not trying to be a sensationalist head line grabber. I am genuinely the most concern I have been since the Eurozone crisis and the Financial Crisis.

I have written on twitter about this a lot but I have just written an update for both Macro Insiders and GMI.
This level in the Eurostoxx Banks Index is probably THE most important level of ANY chart pattern in the history of equity markets (hyperbole? I'm not sure).

A break of this would suggest a potential total collapse of the entire EU banking sector.
We are literally right on it . Right here, right now. It could even break on Monday.
Read 5 tweets
Profile picture
Raoul Pal
@RaoulGMI
A Currency Crisis?

When the long-term charts all start pointing to a single event risk, I pay attention.

When those charts are at the KEY level, I focus.

And when they break, it is time for action...

Something really BIG is going on...
We are at the most important juncture in FX markets in my entire 30 year career. The dollar appears at risk of an uncontrolled rise.

Let me show you...
The Fed Broad Trade Weighted Dollar Index is incredibly close to breaking the ENORMOUS cup and handle pattern at 130. Barely a half a percent away...
Read 21 tweets
Profile picture
Raoul Pal
@RaoulGMI
When I look at the long-term chart of the CRB Commodity Index, it really does have deflationary bust written all over it. We are around the key support (like so many other things - many of which have started breaking)...
I know many of you like to see these HUGE charts in log scales, so here it is... it looks even worse... commodity prices can more than halve from here.
It's probably all down to this chart of the ADXY (Asian currency index) which has Asian currency crisis (dollar spike) written all over it and is the probably source of the deflation. It has broken down.
Read 4 tweets

Related threads

Profile picture
Roy Bahat ⛴️ BOS Aug 12-15
@roybahat
Work makes many people suffer.

Many suffer from lack of work, while others suffer *from* work -- its inability to provide, its effect on their personal lives, their health. We can do something about it!

Thread on what we've learned in six years at Bloomberg Beta. ⤵️
From our first day, we've focused on the future of work -- investing in founders who use technology to make work more humane and more productive.

If we learn from communities outside the technology industry, we might not have to choose!
Before investing in startups, I spent time in many a place... as an exec at a big corporation, a founder, university faculty, a government staffer, head of a non-profit.

Every experience gave me a lens, and I now need them all... because so much of what we believed was wrong!
Read 37 tweets
Profile picture
zetaraffix in Amsterdam
@zetaraffix
#observations after @YoastCon
1/6
 The ordeal that brought forth my #renaissance climaxed almost exactly 10 yrs ago (late Jan 2009). Reclaiming myself (=healing) took about 8 years. Full destruction was necessary for rebirth. Once healed, I began rebuilding: myself ...
2/6
 ... my self esteem, my business, my brand.
Because of how life is, I basically had to do this on my own, with no true financial support from a partner or a family.
I was, though, emotionally and affectionately supported by a small crew of friends ...
3/6
 In this process, I encountered and fell in love with the #WordPress #Community at what I discover over and over having been a magical nexus: #WCEU2016 in Vienna.
A relationship that gets rocky at times (as most do) but that also manages to always offer inspiration ...
Read 7 tweets
Profile picture
💜
@biebsvkook
Taekook AU. Gguk and Tae are solo singers performing at an award show. When Taehyung is performing, everyone’s captivated until Jungkook shows up to sit in the middle of the crowd. People think it was Jungkook trying to steal the spotlight but he just wanted to see Tae perform.
The media has sworn since both of their debut dates that the two idols have always hated each other. They’re only half right because while Taehyung might despise Jungkook and think he’s the most annoying brat, Jungkook is possibly Taehyung’s biggest fan.
Although they both debuted around the same time, Jungkook has always mentioned in interviews how much Taehyung inspires him. Jungkook is basically head over heels for Taehyung but most people have always thought of it as sarcasm or a facade, they’re so wrong.
Read 114 tweets
Profile picture
Jay McKenzie
@JamesFourM
You must be miserable after your TV appearances on Fox News then.
Did you have a chat with Oleg while you were in Russia, @ggreenwald?
I know you're a big fan of hypocrisy, Glenn, so I won't ask you to address yours here. However, I did find a tweet you deleted, and the date and topic appear to be relevant.
Read 10 tweets
Profile picture
Sunil Sawhney
@Sunil_Sawhney
#IBelieve..
#Inspiration comes in all forms and from places we expect the least. And no, this is not a rule but an experience. Only when you open your mind to learn, the best lessons come.
#Humility is not a very prized value in today’s world and yet, when we hear such stories, we have to admit that some of the most valuable lessons of life come from extremely humble people who view work as work – not big or small.
No #work is big and no work is small.
It is the manner in which it is executed that makes it big or small.

#ExecuteWell
#PlanYourWork
#WorkYourPlan
Read 3 tweets
Profile picture
Cyrus Toulabi
@CyrusToulabi
#OBSERVATIONS: A few thoughts in reflecting on the Trump legal team letter that argues the President is above the law.

1. TRUMP'S LAWYERS BASICALLY CONCEDE HE OBSTRUCTED JUSTICE.

They aren't saying he didn't obstruct. They're saying because he's the President, it's not a crime.
2. TRUMP'S TEAM LEAKED THE LETTER, DESPITE TRUMP ACCUSING MUELLER'S TEAM OF THE LEAK.

Trump tweeted this week that he doesn’t have time to focus on the Russia investigation b/c he's so busy president-ing...

WHICH IS THE SAME ARGUMENT MADE IN THE LETTER.

Here's Trump accusing Mueller's team of leaking...

We know the Special Counsel doesn't leak.

It's NOT A COINCIDENCE that the claims in the letter mirror Trump's tweets this week. Once again, just like the #49Questions by Sekulow, it's from Trump's side.
Read 7 tweets

Trending hashtags

#map #WCEU2016 #work #BeLouder #MeepMeep #people #RDMonh #EnoughIsEnough #RDMagic #Seçim2018 #ElvisCostello #Gul #retweet #mobile #BenParkerTip #LabourAntisemitism #45DaysOfElvisCostello #gather #EgyptStation #FindAinesRing #LostHighway #instantpayments #HughesKnew #WordPress #TheBeatles
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!