Zav Corin
@zavcorin.bsky.social
🚵- ⛷️ bum, Chamonix
co-founder of Futureflow, Ex IRO/CDS Trader
Ex “🏆winning” Macro PM / Partner 3bn $ HF
Invented CDS Choice Friday and Liquidity 🎄
Long term views only…
co-founder of Futureflow, Ex IRO/CDS Trader
Ex “🏆winning” Macro PM / Partner 3bn $ HF
Invented CDS Choice Friday and Liquidity 🎄
Long term views only…
Pinned
Zav Corin
@zavcorin.bsky.social
· Sep 19
Useful reminder : Trend following models do not account for political risk. They just follow and amplify the trend(s)
In the short / medium term, the stock market is NOT the economy but is EVEN LESS the implied estimate of a country's risk premium over time...
In the short / medium term, the stock market is NOT the economy but is EVEN LESS the implied estimate of a country's risk premium over time...
%s %s=France remains a force to be reckoned with in EU policy-making, in areas such as industrial and trade policy; defence policy; and relations with the UK. www.cer.eu/insights/par...
The paradox of French power
France has a very weak government with an uncertain future, yet it remains a dominant force in EU policy-making. How does one explain this paradox?
www.cer.eu
December 11, 2025 at 1:35 PM
%s %s=France remains a force to be reckoned with in EU policy-making, in areas such as industrial and trade policy; defence policy; and relations with the UK. www.cer.eu/insights/par...
Reposted by Zav Corin
Note how Hasset frames the Fed as an institution already spoiled by politics. To which he is the counterbalance or rescue operation.
December 10, 2025 at 12:39 PM
Note how Hasset frames the Fed as an institution already spoiled by politics. To which he is the counterbalance or rescue operation.
Bluesky has lost @weisenthal.bsky.social 😁
December 10, 2025 at 6:02 AM
Bluesky has lost @weisenthal.bsky.social 😁
Maybe, just maybe, Warner Bros deals are indeed " the harbingers of financial apocalypse?" as per @alphaville.ft.com
14Bn$ company bidding 110 Bn$ company with 50% of it funded by bank debt ...
www.ft.com/content/e5da...
14Bn$ company bidding 110 Bn$ company with 50% of it funded by bank debt ...
www.ft.com/content/e5da...
December 8, 2025 at 10:08 PM
Maybe, just maybe, Warner Bros deals are indeed " the harbingers of financial apocalypse?" as per @alphaville.ft.com
14Bn$ company bidding 110 Bn$ company with 50% of it funded by bank debt ...
www.ft.com/content/e5da...
14Bn$ company bidding 110 Bn$ company with 50% of it funded by bank debt ...
www.ft.com/content/e5da...
Reposted by Zav Corin
don’t you just love how the proposed cut, <cough> export tax on the Nvidia H200 chips has now increased from the 15% rate proposed a few months ago to 25%?!
almost as if that figure was just pulled out of thin air
almost as if that figure was just pulled out of thin air
December 8, 2025 at 10:02 PM
don’t you just love how the proposed cut, <cough> export tax on the Nvidia H200 chips has now increased from the 15% rate proposed a few months ago to 25%?!
almost as if that figure was just pulled out of thin air
almost as if that figure was just pulled out of thin air
Reposted by Zav Corin
Varoufakis is an exact mirror image of Truss: managed to fuck their economies sideways in astonishingly short periods of time, deeply bitter about not being crowned god-monarchs by grateful populaces.
December 8, 2025 at 7:35 PM
Varoufakis is an exact mirror image of Truss: managed to fuck their economies sideways in astonishingly short periods of time, deeply bitter about not being crowned god-monarchs by grateful populaces.
Reposted by Zav Corin
Saying Trump is “transactional” is just a gentle way of saying he’s corrupt. Every power he has been trusted with, he treats as a way to extract favors and benefits from anyone he sees as situationally vulnerable.
December 8, 2025 at 7:44 PM
Saying Trump is “transactional” is just a gentle way of saying he’s corrupt. Every power he has been trusted with, he treats as a way to extract favors and benefits from anyone he sees as situationally vulnerable.
Reposted by Zav Corin
This is what Hayek was talking about in the road to serfdom, except at least in his version the road was paved with good intention. This is just interventions begetting further interventions.
The US right has moved so far in such a short space of time for no good reason.
The US right has moved so far in such a short space of time for no good reason.
December 8, 2025 at 4:14 PM
This is what Hayek was talking about in the road to serfdom, except at least in his version the road was paved with good intention. This is just interventions begetting further interventions.
The US right has moved so far in such a short space of time for no good reason.
The US right has moved so far in such a short space of time for no good reason.
Please discuss "In a world where shareholder's right are being curtailed, share prices should adjust lower to reflect this. "
www.ft.com/content/ec2a...
www.ft.com/content/ec2a...
Donald Trump drives historic shift of power from investors to boardrooms
Moves to curb proxy advisers and passive investment giants chip away at foundations of shareholder capitalism
www.ft.com
December 8, 2025 at 3:12 PM
Please discuss "In a world where shareholder's right are being curtailed, share prices should adjust lower to reflect this. "
www.ft.com/content/ec2a...
www.ft.com/content/ec2a...
Reposted by Zav Corin
On a train to London and so catching up with a whole load of reading I meant to do ages ago: this is excellent and crystallises a whole load of trends I've been thinking about for a while.
Think the UK is less extreme, as always, but that's more that we're lagging the US than escaping it.
Think the UK is less extreme, as always, but that's more that we're lagging the US than escaping it.
The Monks in the Casino
A brief theory of young men, "the loneliness crisis," and life in the 21st century
www.derekthompson.org
December 8, 2025 at 10:51 AM
On a train to London and so catching up with a whole load of reading I meant to do ages ago: this is excellent and crystallises a whole load of trends I've been thinking about for a while.
Think the UK is less extreme, as always, but that's more that we're lagging the US than escaping it.
Think the UK is less extreme, as always, but that's more that we're lagging the US than escaping it.
The problem is not the pardons themselves as much as the widespread view that justice is for sale… so it is the future crimes and corruption scandals that will inevitably happen at the expense of cheques and balances, rule of law and economic prosperity
December 8, 2025 at 8:25 AM
The problem is not the pardons themselves as much as the widespread view that justice is for sale… so it is the future crimes and corruption scandals that will inevitably happen at the expense of cheques and balances, rule of law and economic prosperity
Reposted by Zav Corin
Buying Time Warner is now an official point in every bubble
Oh well, what could go wrong. www.bloomberg.com/news/article...
www.bloomberg.com
December 5, 2025 at 2:10 PM
Buying Time Warner is now an official point in every bubble
Reposted by Zav Corin
I didn’t think of this myself, one of the replies did. But it’s 🎯
December 5, 2025 at 1:25 PM
I didn’t think of this myself, one of the replies did. But it’s 🎯
Reposted by Zav Corin
🚨🚨 God #America, this is grim and a very stark wake-up call to European political ledaders on the (non) future of the "transatlantic alliance":
December 5, 2025 at 6:56 AM
🚨🚨 God #America, this is grim and a very stark wake-up call to European political ledaders on the (non) future of the "transatlantic alliance":
Reposted by Zav Corin
Here’s the new Fed Chairman.
Good luck.
Good luck.
BARTIROMO: How is it possible that the Democrats have been able to rally around 'affordability' and make people think that's what they're focused on and not what Republicans are focused on?
HASSETT: It's just what happens sometimes when one political party has the media echoing what they're saying
HASSETT: It's just what happens sometimes when one political party has the media echoing what they're saying
December 5, 2025 at 1:39 PM
Here’s the new Fed Chairman.
Good luck.
Good luck.
Reposted by Zav Corin
Reposted by Zav Corin
We just published a deep look into David Sacks, the White House's AI and Crypto czar. The story examines how he has been able keep hundreds of stakes in AI-related and crypto companies as he influences gov policy in those very industries.
Here's what we found:
www.nytimes.com/2025/11/30/t...
Here's what we found:
www.nytimes.com/2025/11/30/t...
Silicon Valley’s Man in the White House Is Benefiting Himself and His Friends
www.nytimes.com
November 30, 2025 at 7:24 PM
We just published a deep look into David Sacks, the White House's AI and Crypto czar. The story examines how he has been able keep hundreds of stakes in AI-related and crypto companies as he influences gov policy in those very industries.
Here's what we found:
www.nytimes.com/2025/11/30/t...
Here's what we found:
www.nytimes.com/2025/11/30/t...
JP Morgan : Swallowing the kool aid....
November 27, 2025 at 4:53 PM
JP Morgan : Swallowing the kool aid....
Reposted by Zav Corin
"No one is investing in the UK".
Ministers approve £750m Marlow Film Studios development after review
Planning permission granted for Buckinghamshire project seen as test of Labour’s drive for economic growth
www.theguardian.com
November 27, 2025 at 9:00 AM
"No one is investing in the UK".
Great piece on Microstrategy … it’s hard to look at this chart and not see parallels with another business that almost went bust ( Mexico crisis ), rode a rally in one asset - Mortgage backed securities - and collapsed alongside it 14 years later… Lehman brothers …
substack.com/inbox/post/1...
substack.com/inbox/post/1...
November 26, 2025 at 5:30 PM
Great piece on Microstrategy … it’s hard to look at this chart and not see parallels with another business that almost went bust ( Mexico crisis ), rode a rally in one asset - Mortgage backed securities - and collapsed alongside it 14 years later… Lehman brothers …
substack.com/inbox/post/1...
substack.com/inbox/post/1...
Reposted by Zav Corin
This isn’t a big deal currently for Tether: the executive leadership (basically one guy) would prefer they stay private bc they get huge dividends (think billions) yearly.
But it suggests:
1. Tether is far riskier than perceived.
2. They’re making bad investments.
3. They can never go public.
But it suggests:
1. Tether is far riskier than perceived.
2. They’re making bad investments.
3. They can never go public.
November 26, 2025 at 3:37 PM
This isn’t a big deal currently for Tether: the executive leadership (basically one guy) would prefer they stay private bc they get huge dividends (think billions) yearly.
But it suggests:
1. Tether is far riskier than perceived.
2. They’re making bad investments.
3. They can never go public.
But it suggests:
1. Tether is far riskier than perceived.
2. They’re making bad investments.
3. They can never go public.
Reposted by Zav Corin
Greatest economy in the history of the world
November 25, 2025 at 3:04 PM
Greatest economy in the history of the world
Reposted by Zav Corin
everyone is twelve
Everything about this might be the saddest thing I’ve ever seen
November 24, 2025 at 1:49 PM
everyone is twelve