One day, when I have time and an army of interns, I’m going to map out on a big wall all of @RudyHavenstein threads from the genesis tweet. If you aren’t following closely you’ll miss that this account is a work of complex literary art woven around multiple narrative arcs 1/
The interwoven threads include a caustic commentary of the corrupting of the financial system, lack of accountability of bankers in 2008, Epstein’s full story, mixed in with art like the epic Fugazzi! and Bridgewater Sausage threads, multi-genre music threads and sub-threads. 2/
There are so many threads on going at any time, some lie dormant for years and come back to life. Rudy somehow keeps on top of it all and accesses relevant parts from years back and brings them back out, drawing people back into the depth of content created and all the various
narrative arcs.

I know I’ve mentioned it before but this is the cleverest account on FinTwit. It’s a massive swirling meta narrative piece of social art, whether that is what he intended or not.
And no, you don’t need to agree with all of it, or even any of it, in order to appreciate the work that goes into it.

One thing I do know, normal FinTwit threads are essentially playing Uno! while Rudy is playing Go…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Raoul Pal

Raoul Pal Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @RaoulGMI

2 Aug
What I really don't get about Tether fears is this:

Let's say its right and Tether implodes to zero. What happens to Bitcoin or digital assets? Down 30% immediately? down 50%? down 60% down 80%?

Ok. Well, we just did that (many tokens were down 80%) and guess what? 1/
2/ Life went on. Nothing happened.

If fact, crypto markets do a -70% pretty often and guess what, nothing happens and adoption keeps rising.

When I first learned about Bitfinex's issues BTC was at 6,100. It could now fall 80% and still not hit that.
3/ We all get it but no one here has found a new source of risk the market didn't know.

It has been talked about for 4 years - the people involved! Deltec! the illicit use! the backing isn't 1:1 in cash in a vault guarded by Rottweilers! regulators! blah blah blah blah blah
Read 5 tweets
26 Jul
Just an update of the favorite crypto charts...

Here is the log chart parallel of BTC now vs 2013... still fits decently well. 1/
2/ And here is the non-log version... pretty much perfect from a contextualization standpoint.
And here is ETH now vs BTC in 2017... also pretty decent.
Read 4 tweets
24 Jul
Friday Night Thoughts - Thread on inflation and other stuff:

The cure for higher prices is higher prices, but it's also a three card trick...

Prices of goods disrupted by supply issues have exploded...(I used CPI Index, not CPI YoY as its distorted).
BUT, that has lead to a collapse in consumer confidence due to these prices...
What is going to happen in housing is clear - the homebuilders need to stop building or they will have an inventory problem...
Read 24 tweets
21 Jul
I know crypto chart takes are 2 a penny these days so mine are equally worthless, but... we all know that log charts are the right way to look at these...1/
Bitcoin seems to have negated the Head and Shoulders pattern, on-chain data suggest huge accumulation and better market dynamics, Metclafes Law valuations are increasing, and time and price have now met the log trend...2/
ETH has also reached the log trend in time and price and looks like it s forming a wedge.
Read 5 tweets
19 Jul
Just adding to this thread.... the rise in the dollar and fall in bond yields is all about a moderation in growth. I think it might lead to a growth scare in Q4.
Bond yields rise and fall with the business cycle. The business cycle has peaked and will ease off significantly and so bond yields will fall.
And the same is true of the dollar, it is a function of the business cycle (dollar inverted on this chart).
Read 4 tweets
28 Jun
The macro winds might be changing...

Macro is ruled by two assets - the US dollar and US treasuries. If they move together they are usually telling us something important. It is time to have them both on your radar screen... 1/
Using the Euro/$ as the proxy for the dollar...there is risk of a very large head and shoulder forming. The dollar tends to rally on economic weakness (and falling yields).
And 10 year rates look like they are going to test the uptrend. If my hunch that H2 is going to be weaker than expected is correct, this trend line will confirm. After all, bonds speak the economic truth.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


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

Become a Premium Member ($3/month or $30/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!

Follow Us on Twitter!

:(