Diogenes, Discover and Read the Best of Twitter Threads by @WallStCynic

Diogenes

WallStCynic

With the Nomura downgrade today, it’s very clear to me that the $GSX narrative from the company itself, has changed. They are now claiming that large losses are forthcoming, due

There seems to be a lot of confusion over what the @nytimes story on Trump’s taxes tells us about his actual net assets/businesses. And how it’s normal to show losses

Moral Hazard Common Sense: 1. Lend freely and massively to businesses, but understand this de facto public insurance policy has a cost. Corporate tax rates must rise from 21%, going