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1/ Hidden Forces has amassed nearly 1000 reviews world-wide on Apple Podcasts, with 660 of those coming from our American listeners.

If you are a listener and haven't reviewed the podcast yet, please take a moment to do so now. 👇👇👇

podcasts.apple.com/us/podcast/hid…
2/ Although I love reading reviews like these, even a simple five-star rating of the show goes a LONG WAY towards helping us grow our visibility and expand our audience.
3/ But positive reviews of the show also fuel my passion to keep going.

It takes an enormous amount of energy and dedication to put out a program like this.

When I hear from you in such a public way, it let's me know that my work matters.
4/ I have never before felt more aligned in my sense of mission and purpose.

This show has given me so much more than I could have ever imagined. It means the world to me.

I want to know what it means to you. I want to hear from you.

podcasts.apple.com/us/podcast/hid…
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Demetri Kofinas
@CoveringDelta
“I’ve been raising money for companies for 25 years and this is absolutely one of the best markets for borrowers I’ve ever seen,” said Andrew Karp, global head of investment-grade debt capital markets at Bank of America.

wsj.com/articles/forei…
2/ "Companies have issued over $1 trillion of bonds in 2020, with March, April and May being the three busiest months ever for U.S. debt capital markets."

Who needs profits when you've got credit markets like these?
3/ The more we accommodate markets with cheap credit that they don't need, the less companies are incentivized to generate profits.

This only makes normalization of the central bank balance sheet more difficult.

It also makes the economy less productive.
Read 5 tweets
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Demetri Kofinas
@CoveringDelta
1/ I'm joined by @TgMacro on this @HiddenForcesPod for a discussion about how central bank money-printing has broken our economy, turned the stock market into a casino, and sown the seeds for a political crisis unlike any we've seen in generations. bit.ly/HF_EP142
2/ The episode begins with a clip from what is probably the most epic hype video ever created in the history of stock trading. It's a MUST WATCH.

3/ @stoolpresidente has come to embody not only the recent rip-roaring retracement in equities but the philosophy that the stock market no longer bears any relationship to the real economy:

"It took me a while to figure out that the stock market isn't connected to the economy."
Read 10 tweets
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Demetri Kofinas
@CoveringDelta
1/ A new hypothesis may explain why some patients slip into a fatal “second phase” of COVID-19 a week or so after hospitalization.

Dozens of studies have now revealed similar patterns of vascular damage in people who died of this novel virus.

2/ The key is direct and indirect damage to the endothelial cells that line the blood vessels, particularly in the lungs, explains Peter Carmeliet, a vascular biologist at @VIBLifeSciences and co-author of a 21 May paper in @NatImmunol.

sciencemag.org/news/2020/06/b…
3/ "By attacking [endothelial] cells, COVID-19 infection causes vessels to leak and blood to clot.

Those changes in turn spark inflammation throughout the body and fuel the acute respiratory distress syndrome (ARDS) responsible for most patient deaths."
Read 10 tweets

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