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Krishna Kumar @kriskumar.bsky.social · Apr 8

China’s high household savings rate is a result of them getting rid of universal healthcare in the 70s

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Krishna Kumar @kriskumar.bsky.social · Jan 28

Oops!

Bill McBride @calculatedrisk.bsky.social · Jan 28

MBA: “The FHA, Dept of VA, and Rural Housing Service must clarify that the OMB memo calling on federal agencies to temporarily suspend payments for federal grants, loans, insurance and loan guarantees does not apply to the single family and multifamily loan insurance or guarantee programs ..."

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Bill McBride @calculatedrisk.bsky.social · Jan 28

MBA: “The FHA, Dept of VA, and Rural Housing Service must clarify that the OMB memo calling on federal agencies to temporarily suspend payments for federal grants, loans, insurance and loan guarantees does not apply to the single family and multifamily loan insurance or guarantee programs ..."

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Krishna Kumar @kriskumar.bsky.social · Jan 26

My new intern deepseek thinks 5-7%

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Krishna Kumar @kriskumar.bsky.social · Jan 9

Market starts to price in some tariffs CME vs LME copper

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Krishna Kumar @kriskumar.bsky.social · Jan 8

Yes they have this in China as well.

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Krishna Kumar @kriskumar.bsky.social · Jan 8

It has been done

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Krishna Kumar @kriskumar.bsky.social · Jan 7

Lack of guarantee is worth about 40bps in spread according to one estimate but in my opinion the nature of the mortgage market changes and becomes more U.K./Canada like if Fannie/Freddie are private entities without a backstop.

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Krishna Kumar @kriskumar.bsky.social · Jan 5

Keeping track helps to identify errors in (1) security selection (2) sizing and (3) timing.

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Krishna Kumar @kriskumar.bsky.social · Nov 23

Make Macro Great Again (MMGA)

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Krishna Kumar @kriskumar.bsky.social · Nov 23

Guess what happens when you have a no MTM, zero volatility asset competing with HY!

Krishna Kumar @kriskumar.bsky.social · Nov 21

If we cannot flick a switch and move supply chains onshore the rest of the world benefits from the 60% tariffs on China they are going to be able to raise prices and margins improve.

Krishna Kumar @kriskumar.bsky.social · Nov 20

You don’t choose the Jets life; the Jets life tackles you at the line of scrimmage..

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Krishna Kumar @kriskumar.bsky.social · Nov 12

Yo

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Krishna Kumar @kriskumar.bsky.social · Oct 9

The fallen angels will soon start singing..

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