Pinebrook
@pinebrookcap.bsky.social
Gold caught an overnight bid. Hearing some people are dipping in. Dovish Fed, blah blah.
Here's a chart with price action from the last 10-days.
Classic lower highs, weakening bounce.
Whatever. It's a chart.
Here's a chart with price action from the last 10-days.
Classic lower highs, weakening bounce.
Whatever. It's a chart.
October 29, 2025 at 4:11 PM
Gold caught an overnight bid. Hearing some people are dipping in. Dovish Fed, blah blah.
Here's a chart with price action from the last 10-days.
Classic lower highs, weakening bounce.
Whatever. It's a chart.
Here's a chart with price action from the last 10-days.
Classic lower highs, weakening bounce.
Whatever. It's a chart.
Thank you to my subscribers and followers who’ve shown nothing but positive feedback and support.
Made Substack’s “Top 20 rising in finance”.
Made Substack’s “Top 20 rising in finance”.
October 22, 2025 at 7:18 PM
Thank you to my subscribers and followers who’ve shown nothing but positive feedback and support.
Made Substack’s “Top 20 rising in finance”.
Made Substack’s “Top 20 rising in finance”.
Reposted by Pinebrook
2 years and 165 posts later. 👇
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
Anniversary Retrospective
Pinebrook’s Substack Turns 2
www.pinebrookcap.com
September 26, 2025 at 2:52 PM
2 years and 165 posts later. 👇
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
2 years and 165 posts later. 👇
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
Anniversary Retrospective
Pinebrook’s Substack Turns 2
www.pinebrookcap.com
September 26, 2025 at 2:52 PM
2 years and 165 posts later. 👇
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
The good the bad and the ugly. With embedded links and paywalls removed.
www.pinebrookcap.com/p/anniversar...
Reposted by Pinebrook
Follow up note on the labor market after my discussion with @econberger.bsky.social
www.pinebrookcap.com/p/us-economi...
www.pinebrookcap.com/p/us-economi...
U.S. Economic Growth Update
Jackson Hole Edition
www.pinebrookcap.com
August 18, 2025 at 1:34 PM
Follow up note on the labor market after my discussion with @econberger.bsky.social
www.pinebrookcap.com/p/us-economi...
www.pinebrookcap.com/p/us-economi...
This was my view back on May 11th and still my view now.
The narrow window for a cut was in June.
Oh see that 6500? 😂
The narrow window for a cut was in June.
Oh see that 6500? 😂
August 14, 2025 at 1:26 PM
This was my view back on May 11th and still my view now.
The narrow window for a cut was in June.
Oh see that 6500? 😂
The narrow window for a cut was in June.
Oh see that 6500? 😂
Reposted by Pinebrook
Dave Cervantes (@pinebrookcap.bsky.social ) is one of my fave people on FinTwit, and we've had an offline and ongoing conversation about macro for quite some time. (He can confirm how often I'm wrong.)
Nice to share some of that convo with the rest of you!
www.pinebrookcap.com/p/guy-berger...
Nice to share some of that convo with the rest of you!
www.pinebrookcap.com/p/guy-berger...
Guy Berger Joins Pinebrookcap for a discussion about the U.S. labor market.
Get after future potential evolutions.
www.pinebrookcap.com
August 12, 2025 at 8:36 PM
Dave Cervantes (@pinebrookcap.bsky.social ) is one of my fave people on FinTwit, and we've had an offline and ongoing conversation about macro for quite some time. (He can confirm how often I'm wrong.)
Nice to share some of that convo with the rest of you!
www.pinebrookcap.com/p/guy-berger...
Nice to share some of that convo with the rest of you!
www.pinebrookcap.com/p/guy-berger...
Been a while since I’ve shown my face here. want to share a link of a podcast I did with @econberger.bsky.social where he shares his views on the current state of the U.S. labor market.
No paywall!
www.pinebrookcap.com/p/guy-berger...
No paywall!
www.pinebrookcap.com/p/guy-berger...
Guy Berger Joins Pinebrookcap for a discussion about the U.S. labor market.
Get after future potential evolutions.
www.pinebrookcap.com
August 12, 2025 at 9:26 PM
Been a while since I’ve shown my face here. want to share a link of a podcast I did with @econberger.bsky.social where he shares his views on the current state of the U.S. labor market.
No paywall!
www.pinebrookcap.com/p/guy-berger...
No paywall!
www.pinebrookcap.com/p/guy-berger...
Lots of folks very excited about the foreign vs USA trades, which has been a home run YTD.
This was explored in the newsletter back in Feb, and published on 2/19 the day SPX made its local peak.
www.pinebrookcap.com/p/market-com...
This was explored in the newsletter back in Feb, and published on 2/19 the day SPX made its local peak.
www.pinebrookcap.com/p/market-com...
Market Commentary
Mean Reversion: Part 1
www.pinebrookcap.com
March 18, 2025 at 4:45 PM
Lots of folks very excited about the foreign vs USA trades, which has been a home run YTD.
This was explored in the newsletter back in Feb, and published on 2/19 the day SPX made its local peak.
www.pinebrookcap.com/p/market-com...
This was explored in the newsletter back in Feb, and published on 2/19 the day SPX made its local peak.
www.pinebrookcap.com/p/market-com...
Reposted by Pinebrook
Surgery went very well yesterday, and I’m feeling good today (and it’s birthday 49 🎉). One more big step toward cancer free! ❤️
March 13, 2025 at 11:14 AM
Surgery went very well yesterday, and I’m feeling good today (and it’s birthday 49 🎉). One more big step toward cancer free! ❤️
Reposted by Pinebrook
TSLA moving fast but as of a few minutes ago was down 12.25%. Here are worse performances in the history of the stock and where it was a month later.
March 10, 2025 at 4:49 PM
TSLA moving fast but as of a few minutes ago was down 12.25%. Here are worse performances in the history of the stock and where it was a month later.
Reposted by Pinebrook
did he fail to pay some bills on time
X down: Twitter not working amid major outage
X down: Twitter not working amid major outage
X has gone down in what appears to be a major and global outage.
www.independent.co.uk
March 10, 2025 at 4:52 PM
did he fail to pay some bills on time
Reposted by Pinebrook
Bluesky, to all the Xitter refugees.
a man with long hair and a beard says breathe the free air again my friend .
ALT: a man with long hair and a beard says breathe the free air again my friend .
media.tenor.com
March 10, 2025 at 4:55 PM
Bluesky, to all the Xitter refugees.
Good reminder that I should spend more time here.
That other place has gotten so toxic and gross.
That other place has gotten so toxic and gross.
Is it me or is twitter malfunctioning?
March 10, 2025 at 3:41 PM
Good reminder that I should spend more time here.
That other place has gotten so toxic and gross.
That other place has gotten so toxic and gross.
Is it me or is twitter malfunctioning?
March 10, 2025 at 3:37 PM
Is it me or is twitter malfunctioning?
Lots of talk on the other place about the bond market. Won’t repeat here. Look up the usual suspects.
My take is nominals are a fear trade rn 🧵
My take is nominals are a fear trade rn 🧵
December 26, 2024 at 5:32 PM
Lots of talk on the other place about the bond market. Won’t repeat here. Look up the usual suspects.
My take is nominals are a fear trade rn 🧵
My take is nominals are a fear trade rn 🧵
Reposted by Pinebrook
Only in America could an immigrant like Jensen Huang—who started by cleaning bathrooms, washing dishes and attending a state school—meet Curtis and Chris at Denny's, get VC funding and cofound the world's most consequential company Nvidia.
Immigration is America's superpower.
Immigration is America's superpower.
December 26, 2024 at 1:55 PM
Only in America could an immigrant like Jensen Huang—who started by cleaning bathrooms, washing dishes and attending a state school—meet Curtis and Chris at Denny's, get VC funding and cofound the world's most consequential company Nvidia.
Immigration is America's superpower.
Immigration is America's superpower.
“We become engineers so our kids can be artists”…..
As a first gen, college was the big hope.
Now I am telling my kids to be DJs in Tokyo or something. It’s their priv and they should exploit it.
As a first gen, college was the big hope.
Now I am telling my kids to be DJs in Tokyo or something. It’s their priv and they should exploit it.
If you’re an immigrant or come from a middle class background I think there’s a lot of value in chasing that 800 math SAT and pursuing a high-paid STEM pressure cooker life…but the beauty of America is you only have to do it for one generation, it shouldn’t be a perma-goal:
December 26, 2024 at 5:20 PM
“We become engineers so our kids can be artists”…..
As a first gen, college was the big hope.
Now I am telling my kids to be DJs in Tokyo or something. It’s their priv and they should exploit it.
As a first gen, college was the big hope.
Now I am telling my kids to be DJs in Tokyo or something. It’s their priv and they should exploit it.
Good rant 😂
David @pinebrookcap.bsky.social wrote a good rant on same subject
December 26, 2024 at 5:17 PM
Good rant 😂
Ok the 2025 outlook raised a lot of questions.
Those questions were perhaps best enunciated by
@dampedspring.bsky.social who provided very constructive critical feedback, which prompted the follow up note to explain my thinking.
www.pinebrookcap.com/p/market-com...
Those questions were perhaps best enunciated by
@dampedspring.bsky.social who provided very constructive critical feedback, which prompted the follow up note to explain my thinking.
www.pinebrookcap.com/p/market-com...
December 17, 2024 at 5:51 PM
Ok the 2025 outlook raised a lot of questions.
Those questions were perhaps best enunciated by
@dampedspring.bsky.social who provided very constructive critical feedback, which prompted the follow up note to explain my thinking.
www.pinebrookcap.com/p/market-com...
Those questions were perhaps best enunciated by
@dampedspring.bsky.social who provided very constructive critical feedback, which prompted the follow up note to explain my thinking.
www.pinebrookcap.com/p/market-com...
Reposted by Pinebrook
Following today’s PPI numbers, core PCE inflation is likely to print 0.14% m/m in Nov - lowest m/m gain in 2024 @nicktimiraos.bsky.social
Also, not concerned about claims. Today’s jump mostly due to seasonality. Tracking the 2019 nsa data very closely.
Also, not concerned about claims. Today’s jump mostly due to seasonality. Tracking the 2019 nsa data very closely.
December 12, 2024 at 2:09 PM
Following today’s PPI numbers, core PCE inflation is likely to print 0.14% m/m in Nov - lowest m/m gain in 2024 @nicktimiraos.bsky.social
Also, not concerned about claims. Today’s jump mostly due to seasonality. Tracking the 2019 nsa data very closely.
Also, not concerned about claims. Today’s jump mostly due to seasonality. Tracking the 2019 nsa data very closely.
Subs got the number before the street.
December 11, 2024 at 10:07 PM
Subs got the number before the street.
Lots of inflationary hate on the other site. This is a feature and not a bug that the people losing money don’t understand.
The Fed WILL tolerate some short term inflation vol as a matter of policy.
The Fed WILL tolerate some short term inflation vol as a matter of policy.
December 11, 2024 at 5:54 PM
Lots of inflationary hate on the other site. This is a feature and not a bug that the people losing money don’t understand.
The Fed WILL tolerate some short term inflation vol as a matter of policy.
The Fed WILL tolerate some short term inflation vol as a matter of policy.