George Pearkes, Discover and Read the Best of Twitter Threads by @pearkes

George Pearkes

pearkes

Okay so at the request of @LumberTrading, we're going to talk about why mortgage-backed securities are a rate product, and what that means. Apologies, this will be long.https://twitter.com/LumberTrading/status/1387488620865413121 When y

Here are state-level dashboards for each (note: FL only began reporting hospitalization very recently). My view:FL - not improving (+ve rate)CA - not improving (daily cases still accelerating)AZ - peaked,

The strangest group on Fintwit are the people who think renting is generally cheaper than owning. It’s the strangest phenomenon! People are now trying to tell me that the cost

I was told that the CARES Act was a giant give-away to private equity.https://twitter.com/TheStalwart/status/1253273519015821314 Also please send this thread to anybody who uses the term "moral hazard" with respect to

Markets are closed, I did a big shop this morning, and I got a workout in. Seems like a fun afternoon to do a tour of Last Word riffs. What’s

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200409a.htm CARES Act gave authority for Treasury to capitalize Fed lending programs with up to $454bn (they can also do direct lending as well). These new programs use $195bn of