Michael Kao
GS Commodities Trader➡Canyon Cvt/Cap Arb➡Akanthos Multi-Arb/Distressed➡Kao Family Office🏦Globetrotter✈ Headbanger🤘Star Wars Fan🌌 Mixologist🍸Diver🤿
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Musings of the Day, 12/16/22: I’m in a bad fucking mood today (computer problems to spilled coffee — one of those mornings) but at least it’s finally METALLICA day. This is what...
Musings of the Day, 12/15/22: I stand by what I said yesterday in my closing remarks in the Space hosted by @unusual_whales: We are in the 3rd inning of possibly a grinding Slo-...
It's time for Leg 2 of the USD Wrecking Ball World Tour! This is a great summary of relative CB hawkishness. Let's see how the currencies of countries with POSITIVE REAL RATES are...
Musings of the Day, 12/14/22: Cutting a couple albatrosses from my neck this morning for tax reasons but more importantly to better my objectivity. (Metalheads may get the hidde...
Musings of the Day, 12/13/22: Markets are literally not even pricing in a pause but an inverse V on monetary policy. Good luck with that. I stand by yesterday’s prediction. https:...
Musings of the Day, 12/12/22: Is it bad that I’m FAR MORE excited about the Metallica show this Friday than CPI tomorrow? 🤘
Musings of the Day, 12/11/22: This article highlights one of the key reasons behind the retrenchment of the USD Wrecking Ball — that RoW CBs will begin out-hawking the Fed. I sa...
Musings of the Day, 12/10/22: BOE is in same quandary as ECB/BOJ/PBOC — can they out-hawk the Fed? Conversely, when we truly pivot, will RoW hold out and let Fed out-dove them?...
Musings of the Day, 12/9/22: Even I'm surprised by this print. 🔥🔥🔥 https://t.co/yeYrXmOd9d
Musings of the Day, 12/8/22: Attended a fascinating event on Homelessness in LA yesterday. Stunning that we have ~70k people on the streets (that’s just the visible cohort) and >...
Musings of the Day, 12/6/22: Oil watchers who are worrying about ST Demand Destruction (as I do and @BurggrabenH does), please see this thread: TLDR implication: Relatively sma...
Musings of the Day, 12/5/22: I spoke of the Bifurcated Economy recently in Space, observing the sky-high prices for premium concert/airline/travel packages, but Inflation is a REG...