Five Minute Macro
@fiveminutemacro.bsky.social
Macro trader. I used to be disgusted, now I try to be amused.
Sewing's catching flak for this, but it's not as if Deutsche's affairs in the US would stand up to scrutiny by even the most scrupulous and impartial regulators, and further they don't want Trump to default on them yet again, so honestly an understandable move.
January 21, 2026 at 12:08 PM
Sewing's catching flak for this, but it's not as if Deutsche's affairs in the US would stand up to scrutiny by even the most scrupulous and impartial regulators, and further they don't want Trump to default on them yet again, so honestly an understandable move.
It does feel like we're at the point where all of the 'geopolitical backdrop gives cause for concern, but we choose to focus on the potential for EPS growth' crowd may be in for a rude shock.
Works till it doesn't.
Works till it doesn't.
January 21, 2026 at 9:17 AM
It does feel like we're at the point where all of the 'geopolitical backdrop gives cause for concern, but we choose to focus on the potential for EPS growth' crowd may be in for a rude shock.
Works till it doesn't.
Works till it doesn't.
If I looked like Richie Rich's dad, I simply wouldn't say this.
Bessent: "Someone, maybe your parents for their retirement have bought 5, 10, 12 homes."
January 20, 2026 at 8:44 PM
If I looked like Richie Rich's dad, I simply wouldn't say this.
This is like catnip for Boomers.
January 19, 2026 at 1:56 PM
This is like catnip for Boomers.
The US has never gone to war with a country where its President owns a golf course.
January 19, 2026 at 9:26 AM
The US has never gone to war with a country where its President owns a golf course.
We really did speedrun this process, huh?
January 12, 2026 at 3:25 PM
We really did speedrun this process, huh?
ROW asset managers all trying to figure out what to do with their US exposures:
a close up of a man with a beard wearing a cowboy hat and smoking a cigarette .
ALT: a close up of a man with a beard wearing a cowboy hat and smoking a cigarette .
media.tenor.com
January 12, 2026 at 12:45 PM
ROW asset managers all trying to figure out what to do with their US exposures:
I'm surprised the ICE story took this long; you have a goon squad white trash regime militia operating entirely beyond any laws. This is Congo-level stuff.
Meanwhile, my BlueSky timeline (bless you all) be like 'Minnesota ByLaw 10.7(3i) specifically covers the discharge of firearms against a...'
Meanwhile, my BlueSky timeline (bless you all) be like 'Minnesota ByLaw 10.7(3i) specifically covers the discharge of firearms against a...'
January 8, 2026 at 7:45 AM
I'm surprised the ICE story took this long; you have a goon squad white trash regime militia operating entirely beyond any laws. This is Congo-level stuff.
Meanwhile, my BlueSky timeline (bless you all) be like 'Minnesota ByLaw 10.7(3i) specifically covers the discharge of firearms against a...'
Meanwhile, my BlueSky timeline (bless you all) be like 'Minnesota ByLaw 10.7(3i) specifically covers the discharge of firearms against a...'
What were we expecting? Papers? Vibes? Essays?
January 3, 2026 at 3:40 PM
What were we expecting? Papers? Vibes? Essays?
Sandisk, Western Digital, Micron Technologies, Seagate - your dad's technology portfolio shot the lights out in 2025.
January 2, 2026 at 3:18 PM
Sandisk, Western Digital, Micron Technologies, Seagate - your dad's technology portfolio shot the lights out in 2025.
Oh shit oh fuck
December 30, 2025 at 9:55 AM
Oh shit oh fuck
"The food at this place is really terrible."
"Yeah, I know; and such small portions."
"Yeah, I know; and such small portions."
Your president is spending 11% more days at his private company’s properties and 25% more days playing golf than at this point in his first term.
www.pbump.net/o/an-officia...
www.pbump.net/o/an-officia...
December 25, 2025 at 10:57 PM
"The food at this place is really terrible."
"Yeah, I know; and such small portions."
"Yeah, I know; and such small portions."
🎶 It's the most wonderful time of the year 🎶 www.ft.com/content/6d1e...
December 19, 2025 at 3:22 PM
🎶 It's the most wonderful time of the year 🎶 www.ft.com/content/6d1e...
Until we have the offspring of Alan Sugar and Jimmy Saville anointing themselves President for Life while Parliament prorogues itself, I'm prepared to take the other side.
Just going to put this in a time capsule to see how it looks after the first year of a Reform majority.
"we have the Supreme Court to protect our written Constitution while you guys just rely on everyone being a good chap!"
December 18, 2025 at 11:13 AM
Until we have the offspring of Alan Sugar and Jimmy Saville anointing themselves President for Life while Parliament prorogues itself, I'm prepared to take the other side.
Remember when the demise of Evergrande, Vanke at al were meant to portend the end of the world? And then it happened and barely anyone noticed, let alone cared. Many such cases.
Vanke’s denouement has been under the radar a bit, I guess because China property pain is an old and known story by now. But it’s quite interesting because it isn’t getting a bailout this time from a big SOE owner (Shenzhen’s metro group). Just an old fashioned fight for the assets now.
Multiple delayed principal payments and now they don’t even have the vig? RIP.
December 17, 2025 at 3:04 PM
Remember when the demise of Evergrande, Vanke at al were meant to portend the end of the world? And then it happened and barely anyone noticed, let alone cared. Many such cases.
Book review: read this! History, physics, thriller, horror story.
December 14, 2025 at 4:24 PM
Book review: read this! History, physics, thriller, horror story.
You're trying to tell me Carter Ruck can no longer bully people with nebulous threats of ruinous litigation?! www.ft.com/content/17f4...
December 13, 2025 at 1:47 PM
You're trying to tell me Carter Ruck can no longer bully people with nebulous threats of ruinous litigation?! www.ft.com/content/17f4...
Which side are they going to stop supporting?
US may end support for Ukraine war effort, says Donald Trump Jr
US may end support for Ukraine war effort, says Donald Trump Jr
Eldest son of Donald Trump makes speculative comments during tirade against Volodymyr Zelenskyy and EU
Donald Trump may walk away from the Ukrainian war, the US president’s oldest son has said in comments to a Middle East conference.
In a lengthy tirade against the purpose of continued fighting in Ukraine, Donald Trump Jr also said Ukraine’s “corrupt” rich had fled their country leaving “what they believed to be the peasant class” to fight the war. Continue reading...
www.theguardian.com
December 7, 2025 at 2:54 PM
Which side are they going to stop supporting?
Imagine slapping an 800 P/E on Palantir, and it's just this guy babbling nonsense.
December 4, 2025 at 2:02 PM
Imagine slapping an 800 P/E on Palantir, and it's just this guy babbling nonsense.
Since we're doing this again:
December 4, 2025 at 9:34 AM
Since we're doing this again:
Truly unknowable, really; guess we'll all just have to wait and find out 🙄
December 3, 2025 at 7:48 PM
Truly unknowable, really; guess we'll all just have to wait and find out 🙄
Apart from being disturbingly weird, talk about perverse management incentives!
December 1, 2025 at 8:15 AM
Apart from being disturbingly weird, talk about perverse management incentives!
Good plan; wouldn't want to make it too easy for immigrants to blend in with the locals.
*RUBIO SUGGESTS OBESITY AS REASON TO DENY VISAS: POLITICO
November 13, 2025 at 7:52 PM
Good plan; wouldn't want to make it too easy for immigrants to blend in with the locals.
Incredible things happening on the everything platform.
November 11, 2025 at 8:46 AM
Incredible things happening on the everything platform.