thauerbyi (-4)(1)in #hive-engine • 11 hours agoGood News. Terrible News. Same News.Good News. Terrible News. Same News. The jobs report came in at 178,000 on Good Friday, while the stock market sat dark and the bond market traded in a half-coma. Nobody could…thauerbyi (-4)(1)in #hive-engine • yesterdayQ1 POST-MORTEMHere is what actually happened in Q1. The S&P 500 finished down 4.6% for the quarter, which is the index's worst first quarter since 2020. That would be mildly uncomfortable…thauerbyi (-4)(1)in #hive-engine • 2 days agoThe Plumbers Are WinningThe Plumbers Are Winning There is a version of this story that Bitcoin maximalists will hate, and it goes like this: the most consequential crypto development of the week…thauerbyi (-4)(1)in #hive-engine • 3 days agoGood Friday. Bad Data. And Bitcoin Is the Only Adult in the Room.Good Friday. Bad Data. And Bitcoin Is the Only Adult in the Room. Eight-thirty this morning, the Bureau of Labor Statistics dropped March payrolls into a market with no lights…thauerbyi (-4)(1)in #hive-engine • 4 days agoThe Quarter From Hell, Elon's Timing, and Why the Market's War Machine Is BrokenMEMO: RE: The Quarter From Hell, Elon's Timing, and Why the Market's War Machine Is Broken April 2, 2026 — Q2 Opens. Everybody's Still Bleeding. TO: Anyone still…thauerbyi (-4)(1)in #hive-engine • 5 days agoThe Memory HoleThe Memory Hole April 1, 2026 Somewhere in Mountain View, a team of Google researchers published a paper about memory compression, and in the eight trading days since…thauerbyi (-4)(1)in #hive-engine • 6 days agoAll Portfolio Managers, Risk Desks, Macro Strategy INTERNAL MEMO TO: All Portfolio Managers, Risk Desks, Macro Strategy FROM: The Situation Room (you know which one) DATE: March 31, 2026 RE: Week Five. Still…thauerbyi (-4)(1)in #hive-engine • 7 days agobetween the pump and the portfolioDear Powell: A Letter From the Corner of Sentiment and Reality An open correspondence to the Chair of the Federal Reserve, written from somewhere between the pump and the…thauerbyi (-4)(1)in #hive-engine • 8 days agoNotes from the Last Bull StandingNotes from the Last Bull Standing Okay. Deep breath. The Strait of Hormuz is functionally closed. Brent crude touched $113 intraday on Friday before "jawboning" from the…thauerbyi (-4)(1)in #hive-engine • 9 days agoNobody Is Watching the Money MoveNobody Is Watching the Money Move March 28, 2026 BTC is at $70,692. Down 44% from its October peak. Everyone is talking about it. The price. The chart. The distance from…thauerbyi (-4)(1)in #hive-engine • 10 days agoAnyone Still Pretending Private Credit Is FineINTERNAL MEMO TO: Anyone Still Pretending Private Credit Is Fine FROM: The Market, Apparently RE: The Flywheel Has Stopped DATE: March 27, 2026…thauerbyi (-4)(1)in #hive-engine • 11 days agoWhoever is still long UK durationINTERNAL MEMO — STRICTLY NOT FOR DISTRIBUTION TO: Whoever is still long UK duration FROM: The Gilt Market DATE: March 26, 2026 RE: We need to talk about what…thauerbyi (-4)(1)in #hive-engine • 12 days agoYOUR HEDGE DIDN'T HEDGEINTERNAL MEMO: RE: YOUR HEDGE DIDN'T HEDGE TO: Everyone who bought gold as an insurance policy FROM: The market DATE: March 25, 2026 RE: A clarification on what…thauerbyi (-4)(1)in #hive-engine • 13 days agoRemarks Delivered to No One in ParticularRemarks Delivered to No One in Particular, Somewhere Between the Third Coffee and the Fourth Refresh of the Deribit Options Board Here is the thing about a good story. You…thauerbyi (-4)(1)in #hive-engine • 14 days agoNotes from the Desk of Someone Who Has Not Slept Since February 28thNotes from the Desk of Someone Who Has Not Slept Since February 28th Confidential · Issue #48 · Monday, 23 March 2026 Situation Board · Bitcoin: ~$70K, down 3 straight…thauerbyi (-4)(1)in #hive-engine • 15 days agoSomeone who has been staring at TTF forward curves for six hoursINTERNAL MEMO — NOT FOR DISTRIBUTION TO: Anyone still paying attention FROM: Someone who has been staring at TTF forward curves for six hours RE: We are doing this…thauerbyi (-4)(1)in #hive-engine • 16 days agoTHE HORMUZ GAMBIT, OR: HOW TO HOLD THE WORLD AT GUNPOINT AND STILL LOSETHE HORMUZ GAMBIT, OR: HOW TO HOLD THE WORLD AT GUNPOINT AND STILL LOSE March 21, 2026 Somewhere in a windowless room in Foggy Bottom, someone in their fifties is staring…thauerbyi (-4)(1)in #hive-engine • 17 days agoEurope Has Been Here Before. That's the Problem.Europe Has Been Here Before. That's the Problem. March 20, 2026 The last time European gas storage sat at 29%, it was the autumn of 2021, and the continent was about to…thauerbyi (-4)(1)in #hive-engine • 18 days agoNotes Toward a Theory of Why Everything Fell TodayNotes Toward a Theory of Why Everything Fell Today Stream of consciousness recorded somewhere between the PPI print and the close 8:31 a.m. The BLS drops the February PPI…thauerbyi (-4)(1)in #hive-engine • 19 days agoThe Weekend That Ate the PlaybookThe Weekend That Ate the Playbook February 28, 2026. A Saturday. US and Israeli jets are over Iran. Supreme Leader Khamenei is dead within hours. Over $128 billion in crypto…
