and I wrote a NEW OptimistiCallie post on leveraged chaos, including some quick thoughts on why these funds are so popular now & why a good theory is rarely a good trade
www.optimisticallie.com/p/leveraged-...
So Direxion, Vanda, @thecompoundnews.bsky.social and I wrote a whole guide to the explosion of leveraged funds over the past six years, including deep analysis on how traders use these products & the opportunities that lie ahead in the space
www.direxion.com/atreport?utm...
We talk a lot about the retail renaissance post-COVID, but I don't think we've marveled enough at the popularity of leveraged funds, with volumes that have grown 3x as fast as the stock market and 2x as fast as the options market
Trading activity (or turnover, share volume times share price) in leveraged ETFs and ETNs reached a record $45.9 billion in March
Those of you who thrive in market chaos are absolutely feasting in this particular moment
Both of these statements can be true
& in fact, they're the striking dichotomy of the modern career woman
I'm so in love with my kids.
I'm so excited to get back to work soon.
very reasonable, thanks for sharing your perspective!
Younger Americans are struggling through an affordability crisis.
Their parents are sitting on $90 trillion in cash, investments and home equity, with many of them waiting until they die to pass it on.
Why aren't more people giving while living?
www.optimisticallie.com/p/giving-whi...
thx Steve!
thx Dave! from little peanut-sized fetuses at CK to real babes 🙂
thx Linda!
I can always rely on you for this meme 😂
Friends, meet Theodore Patterson Cox & Isabel Marilyn Cox, born January 12.
Everybody is happy, healthy and thriving (although Mom and Dad are admittedly exhausted).
I wrote a stream of consciousness on some of the most important work I'll ever do.
www.optimisticallie.com/p/theo-and-i...
I can’t get past the “less payrolls” (fewer)
Treat your central bank like a third-world country, trade like a third-world country.
bsky.app/profile/apne...
really hope he keeps his word this time 🫠
“This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions—or whether instead monetary policy will be directed by political pressure or intimidation”
It’s about time the Fed took the gloves off
www.federalreserve.gov/newsevents/s...
Josh would never
Noooooooooooooo 🫠 where to even start here...
Oh it's 100% true. Said it directly to me, too.
Several years ago, a male colleague told me how unfair it is that women get a three-month vacation in maternity leave
Boy do I think about that comment a lot as I vomit and waddle my way to the finish line.
I'm on maternity leave, and OptimistiCallie is on a publishing hiatus.
But I wanted to leave you a gift in one of my most-read posts of all time during a season to focus on all that really matters 🎁
www.optimisticallie.com/p/all-that-r...
1/ I strongly endorse this op-ed by @marthagimbel.bsky.social of @budgetlab.bsky.social in @theargumentmag.bsky.social .
open.substack.com/pub/theargum...
ugh god ty for flagging
PERSONAL(ISH) NEWS:
I hate slop research.
And I'm building a research business with @thecompoundnews.bsky.social
optimisticallie.com/p/slop-resea...
The Beige Book says employment is contracting, ADP says employment is contracting, the BLS says unemployment is going up, continuing jobless claims are rising, and WARN notices are up. It's very clear what's going on in the labor market, but stocks are up so people brush it off.
Thankful for all of you ❤️ 🦃
🎶 Do you have to?
do you have to?
do you have to let it linger? 🎶
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