Ethan Ackerman (@CryptoEthan)

33761 posts      14375 followers      369 followings     

Tweeting about markets & politics. Alumnus @ColgateUniv and @LSEnews General Course. Formerly @CatoCMFA

Newport Beach, CA

2013-04-18 04:59:06

We all dreamed of a future of free energy... It’s here. (Though this one will only burn as cleanly as a pile of old tires) https://www.bloomberg.com/news/articles/2020-03-27/one-corner-of-u-s-oil-market-has-already-seen-neg...

TV Hosts Fail To Ask Joe Biden Questions About Sexual Assault Allegation https://www.huffpost.com/entry/tv-hosts-joe-biden-sexual-assault-allegation_n_5e80bc97c5b6cb9dc1a206d3

The @EmpireStateBldg reminding us that the city is in the middle of an emergency.

The  @Empire State Building reminding us that the city is in the middle of an emergency.

@ryanstruyk today's growth from yesterday was 14.74%
average daily growth for March is now 29.82%

this downward trend in growth we've seen over the last 8 days has moved projections from 400,000 at month end to less than 200,000

 @Ryan Struyk today's growth from yesterday was 14.74% average daily growth for March is now 29.82% this downward trend in growth we've seen over the last 8 days has moved projections from 400,000 at month end to less than 200,000

Bank of America is telling customers that there will be a 3 month suspension in mortgage payments, but after the 3 months they owe the entire amount of missed payments - NBC

A barrel of oil is cheaper than a large pizza with pepperoni.

 @Joe Weisenthal  @Nathan Tankus This is also the key to understanding the behavior of gold, which no longer functions as a financial crisis/deflation hedge because it has ceased to be a monetary asset.

House Democrats eye an ambitious fourth coronavirus bill

House Democrats eye an ambitious fourth coronavirus bill https://cnn.it/3bB3cLz

Fox's Boothe: White House looking into random coronavirus test sampling of U.S. population

Fox's Boothe: White House looking into random coronavirus test sampling of U.S. population http://hill.cm/GpxMMZE

Deaths are not leveling off yet, unfortunately, but the rate of increase is slowing to doubling about every 4 days instead of every 3. Mon: 535 Sun: 465 Sat: 435 Fri: 367 Thu: 263

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You really can't avoid the conclusion that Gavin Newsom saved thousands of lives. Not only in California but across the country. A breakout in both coasts would have strained our national ability to respond.

Some hopeful news. Exactly 2 weeks from Statewide shelter in place order it appears our new case numbers are starting to go down.  ⁦@GavinNewsom⁩ Thank you! #COVID19 #StayHome

Some hopeful news. Exactly 2 weeks from Statewide shelter in place order it appears our new case numbers are starting to go down. ⁦ @Gavin Newsom⁩ Thank you!  #COVID19  #StayHome

🚨🚨BIG ODD LOTS EPISODE🚨🚨 These are probably the two best people to speak with about money markets right now.  @Joe Weisenthal and I talk to  @Perry Mehrling and Zoltan Pozsar about the historic strains that we just witnessed in the financial system. https://www.bloomberg.com/news/articles/2020-03-30/zoltan-pozsar-and-perry-mehrling-on-the-historic-...

New York Times: Feb. 5th, 2020

New York Times: Feb. 5th, 2020

This is all bluster & pandering to the deficit-hawk wing of the party. McCarthy & all Rs understand that they will be held liable by the voters for any economic fallout from this virus. I expect the 4th stimulus bill to be signed into law by the end of April

McCarthy says fourth stimulus bill might not be necessary

McCarthy says fourth stimulus bill might not be necessary http://hill.cm/UetXZiG

Experts say we may be as little as two days away from finally leaving the March Age. The next epoch is provisionally being called “April,” and is also expected to last 5-10 million years.

1/ Covid ( @UC San Francisco) Chronicles, Day 12 No change in status  @UCSF Medical Center. Covid+ pts still 13 (last 4d: 11->14->13->13). 9 in ICU (up from 7 yest). Our command center briefings now less “news-y”–seems like we’re uber-prepped for a surge that may not be coming, which'll be great

Fox News cuts coverage the second the President’s answer devolves into a rant about ratings and The Bachelor. They cut audio until he’s done talking

Fox News cuts coverage the second the President’s answer devolves into a rant about ratings and The Bachelor. They cut audio until he’s done talking

Reckless disregard for the health and safety of students and staff, all to make a buck (didn’t want to refund room and board fees). Criminal. As in Falwell should be charged with a crime and sued into oblivion. Not kidding.

BREAKING: President Trump says he will be extending national 'social distancing' guidelines through April 30 as coronavirus continues to spread. http://cnbc.com

In the immortal words of Lloyd Blankfein, "you're getting out of a Mercedes to go to the New York Federal Reserve. You're not getting out of a Higgins boat on Omaha beach."

It's a slow killer The initially high death rates in Italy mean they were just slow to test people. The virus had already been circulating for weeks. Remember it takes 4-6 weeks between contracting the virus and succumbing to it (which also adds to the log jam in hospitals)

Another important point, people in South Korea are still dying 3 and 4 weeks after being diagnosed with COVID-19.

6/

Another important point, people in South Korea are still dying 3 and 4 weeks after being diagnosed with COVID-19. 6/

MORE: Strong enthusiasm for Joe Biden among his supporters—just 24%—is the lowest on record for a Democratic presidential candidate in 20 years of ABC/WaPo polls. 53% of Pres. Trump’s supporters are highly enthusiastic about supporting him. https://abcn.ws/2xuZzIr

The Democrat dominating the airwaves to counter President Trump’s messaging about the coronavirus is not the one seeking to replace him in the Oval Office — it’s New York Governor Cuomo https://trib.al/ddO4RCF

Phase 1 (slow the spread, we're here now)
Phase 2 (state by state reopening)
Phase 3 (lift physical distancing)
Phase 4 (rebuild readiness for next one)

Everyone: when move to Phase 2? 👇🏽 

National coronavirus response: A road map to reopening  via @AEI

Phase 1 (slow the spread, we're here now) Phase 2 (state by state reopening) Phase 3 (lift physical distancing) Phase 4 (rebuild readiness for next one) Everyone: when move to Phase 2? 👇🏽 National coronavirus response: A road map to reopening https://www.aei.org/research-products/report/national-coronavirus-response-a-road-map-to-reopening/ via  @AEI

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