Recent submissions

Comment · 10 months ago
Antimimetics can also be seen as the study of the antichrist.
Comment · 1 year ago
Comment · 6 years ago
50 bps cut, initial rally, faded super fast and now down for the day. Would be interested to see if Fed cuts further.

The first order effects weren't so large to stem the selloff (first order meaning the PV effect of lowering discount rate).

As for second order effects (rate cuts to spur economic activity), I'm not even bullish about the mechanism to transmit rate cuts to the real economy normally, but I think in a quarantine situation, those mechanisms are even more diminished as there's less economic activity. Thinking out loud, demand will probably just hit a wall--there's no elasticity here when people are worried about their lives.

The only mechanism that sounds plausible to flow through to the real economy is fiscal. Government buys Pampers, burns them, buys them again. Or keep lowering rates to raise asset prices by a purely mechanical lowering of discount factor.

Comment · 6 years ago
Here's the suit PDF if anyone wants to read.

https://www.sanjoseinside.com/wp-content/uploads/2020/01/Cre...

The message seems to be: this is a nice thing, I can't readily access it, so nobody should have it. Like the kid taking his ball away after losing at soccer. Except this is someone else's ball?

Open to changing my view

Comment · 8 years ago
Pressure from family? Friends? Is this more keenly felt by women v men do you think?
Comment · 8 years ago
Sorry to hear. I can't tell from your answer--how much do you want kids? There's always the possibility of moving somewhere you feel is more stable

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