@ShakebHashmi3
Account based inUnited States
About this account
- Account based in
- United States
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Joined December 2020
- Tweets2.1K
- Following61
- Followers76
- Likes2.8K
Shakeb Hashmi retweeted
BREAKING: The U.S. Treasury sold $22 billion in 30-year bonds at a high yield of 5.618%, marking the highest clearing yield for a 30-year auction since August 10, 2000
Shakeb Hashmi retweeted
BREAKING: Oracle stock, $ORCL, falls over -5% after OpenAI tells investors that its annualized revenue is $20 billion less than expected.
Shakeb Hashmi retweeted
BREAKING: The US 10Y Note Yield rises above 5.35% for the first time in 24 years.
That brings the total move since the pre-Iran War low to +143 basis points.
Mortgage rates are at fresh 3-year highs.
Shakeb Hashmi retweeted
After years of overspending, France has emerged as one of Europe’s weakest links. Investors are bracing for things to get worse. on.wsj.com/4zowpVb
Shakeb Hashmi retweeted
French central bank head warns country at risk of being ‘strangled by interest rates’ ft.trib.al/itUDbJm
Shakeb Hashmi retweeted
So you want to “tax the rich”, do ya?
The LA “Mansion Tax” in its first 3 years has resulted in:
* a revenue DECREASE of $452 million
* 9100 new home constructions blocked (1000 of which were “affordable housing”)
* 16,650 full time construction jobs lost
Shakeb Hashmi retweeted
The physical crude oil market is out of control.
The cost to ship 2 million barrels of crude oil from West Africa to China is now up to $27.22/barrel.
To put this into perspective, in July, the cost for the same shipment ~$6.50/barrel.
That's a +319% surge in shipping costs in just over 2 months.
The scramble for physical crude inventories is in full-swing.
Shakeb Hashmi retweeted
BREAKING: President Trump says higher US inflation will "pay off" US debt "very rapidly" in response to total US debt rising above $40 trillion.
"I know I'm the best in the world... you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this," Trump said.
US Treasury yields hit a new high of the day after the statement.
Shakeb Hashmi retweeted
(FT) - Diesel prices will not return to normal for more than a year, according to US oil and gas executives surveyed by the Federal Reserve Bank of Dallas.
@FT $CRAK
ft.com/content/0d74d66a-a9ee…
