Michael Nicoletos @mnicoletos Twitter profile | Pikagi

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Michael Nicoletos

@mnicoletos

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Curious on how behavioral fallacies challenge financial markets (and cryptos). Always learning new things, getting to know new people, and having a bit of fun.

London, England

https://t.co/z0koX9OgSO

Joined March 2011

Don't wanna be here? Send us removal request.

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@mnicoletos

Michael Nicoletos

8 months

China: The Rising Tide of Uncertainty This article delves into the heart of China's economic challenges - from sky-high debt levels and banking sector woes to the pressing need for a strategic shift in growth strategy. If I had to put just one chart, this one would be it. Your

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@mnicoletos

Michael Nicoletos

11 months

The Chronicle of an Upcoming US Dollar Squeeze Nov 2023 I Michael Nicoletos I hope you find it interesting!

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Michael Nicoletos

6 years

Wold GDP by Country

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Michael Nicoletos

2 years

As long as #China has capital controls, it will be impossible for the #Yuan to become the global reserve currency. If China decided to lift capital controls, its currency would fall (fast) as a big chunk of the M2 ($40 trillion) stuck in China would most likely run for the

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Michael Nicoletos

2 years

Last week, I had the pleasure of speaking with @EvaKaili , VP of the European Parliament, on @RealVision . Our discussion focused on the challenges & opportunities that are presented in the #crypto & #blockchain space. I want to thank her for her time and the wonderful discussion.

@RealVision

Real Vision

2 years

How is the EU 🇪🇺 regulating #crypto ? @EvaKaili , Vice-President of the European Parliament, describes how the EU´s approach focuses on cooperation, regulation and legal certainty, as well as why “Europe remains one of the best places to be...”

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Michael Nicoletos

2 years

1/4 To all those who predict #AI & #ChatGPT will make specific jobs obsolete, I remind them of Joseph #Schumpeter and the process of #Creative_Destruction “The constant product and process innovation mechanism by which new production units replace outdated ones” #Capitalism

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Michael Nicoletos

2 months

This goes against the core values and principles upheld by the Olympic Games. Why is the Olympic Committee, or better, why is Greece allowing this? #OlympicGamesParis2024 #OlympicGames #Greece #France @Olympics

@ainyrockstar

Anabel Schunke

2 months

The end of women‘s sports #boxing #OlympicGames #carini #khelif

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Michael Nicoletos

1 year

1/15: I was recently called a “China Macro Tourist”, so I decided to do the following and give a chance to everyone to find out about China’s Macro reality for themselves. Since the best way of learning is by doing, I will set a few questions so that everyone who doubts to find

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Michael Nicoletos

7 months

Standard Chartered has paused new client investments in China's offshore markets due to "commercial reasons," particularly affecting the Qualified Domestic Institutional Investor (QDII) program. This strategic shift was highlighted in a recent client

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Exclusive: StanChart suspends new offshore channel investments by China clients

Standard Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel, the bank said, amid a surge in demand for overseas investments due to...

www.reuters.com

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Michael Nicoletos

8 months

#Greece : The Athens Stock Exchange will continue to see strong demand! Today the Athens Airport IPO was oversubscribed 11.6x valuing the company 2.46 billion euros. The initial public offering ( #IPO ) of a 30% stake in the #Athens International #Airport , representing Greece's

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@mnicoletos

Michael Nicoletos

4 months

Commodities are trading differently in China (at a premium), a clear sign of the gravity of the economic situation. Many quickly assume that the Western exchanges have lost control; the reason is simple: the Chinese people are “running for the hills”. The Chinese people know that

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Michael Nicoletos

4 months

I wonder why the world’s wealthy are not moving to China. Puzzling! Strangely, people still want to move to the US🤔

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Michael Nicoletos

5 months

When someone clearly has an agenda! Robin Brooks has an agenda against Greece. If he cared so much about this issue, as he claims, then he would be reporting the profits European banks are making in Russia post the Ukrainian invasion. The real question is why?

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@robin_j_brooks

Robin Brooks

@robin_j_brooks

5 months

Russia's invasion of Ukraine is Europe's war. Europe could have pushed Russia into a deep financial crisis if it had just enforced sanctions. But instead Europe chose to undercut sanctions so Greek shipping oligarchs and German exporters could make money. European fecklessness...

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Michael Nicoletos

2 years

Isn’t it ironic that in the midst of the highest inflation of the last 40y the asset class that is performing the best is cash?

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Michael Nicoletos

7 days

Anyone still thinking #China ’s economy is stable? The emergency economic and #liquidity #measures announced in the past 72h are straight-up efforts to dodge a full-blown collapse. 🚨 Now imagine what the #USD bears would have said if these measures were announced by the #US ?

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Michael Nicoletos

3 years

Guess what microsoft excel added on its currency symbols list? #bitcoin

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@mnicoletos

Michael Nicoletos

2 years

For those who believe that the rise of #AI and #ChatGPT will make certain jobs irrelevant, it's important to remember the concept of #Creative_Destruction . Creative destruction is a term coined by economist Joseph #Schumpeter to describe the process of #innovation and

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Michael Nicoletos

5 months

The #UK is about to have a very bad wake up call!

@RadioGenoa

RadioGenoa

5 months

“The UK needs Sharia law. We want Sharia law for everyone", says Ali Dawah, a well-known Islamic fanatic in UK who has over a million followers on YouTube. Dark times ahead for UK.

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Michael Nicoletos

2 years

2/4 For example, each new mode of transportation took a toll on existing jobs and industries. In 1900, the US employed 109,000 carriage & harness makers. In 1910, 238,000 Americans worked as blacksmiths. Today, these jobs are mainly obsolete #Capitalism #Creative_Destruction #AI

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Michael Nicoletos

3 years

connect the dots -> China has a closed capital account. Capital controls don’t allow people to take their money out of the country -> Evergrande collapse. Real estate is a very big part of China’s economy. Chinese banks are heavily exposed -> China bans all crypto transactions

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@mnicoletos

Michael Nicoletos

2 years

"We have abolished the idea of failure,nature’s cleansing mechanism. As a consequence,we’ve lost real economic vitality. We’ve substituted finance for industry as the locomotive of economic growth. In GDP terms, it looks terrific. But it is neither enduring nor real." Tony Deden

@WallStreetSilv

Wall Street Silver

@WallStreetSilv

2 years

How long can we go on like this? $31.4 trillion and growing the debt by $2 trillion per year now? And likely bigger deficits if we have a recession? 🧐

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Michael Nicoletos

4 months

Exports have been a primary contributor to China’s growth. Tariffs are a massive threat to its economy for 4 reasons. a) China will receive less FX, which it desperately needs. b) It has been subsidizing the manufacturing sector to drive growth. Manufacturing in China is

@JavierBlas

Javier Blas

4 months

It's official: European Commission announces its proposed level of tariffs against Chinese electric vehicles, ranging from ~17% to ~38%, depending on the manufacturer. Brussels says Chinese companies benefit from "unfair subsidisation". #OOTT #EV #EnergyTransition

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Michael Nicoletos

4 months

This week (the first time in a long time), the ECB and Bank of Canada lowered interest rates. Two things: a) if you believe Western central banks do not coordinate before they do something, then you are being naive. b) I don’t need to explain what happens to the USD if everyone

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Michael Nicoletos

1 year

It’s fascinating to see everyone focusing on how bad the #Real_Estate market will get the #US but completely ignoring the real estate situation in #China , which is by a magnitude much worse. You think the #FED will print and “dilute” the #USD ? Wait till you see the #PBOC Here

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Michael Nicoletos

4 years

Question: Why does it have to be #Gold or #Bitcoin ? Can’t it be both?

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Michael Nicoletos

4 months

Germany closed its nuclear power stations in the name of green energy (like there is cleaner form than nuclear) to subsidize gas stations to stabilize the grid when all the green producers can’t produce! (No Sun, No wind) For how long will the charade continue in Europe?

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Michael Nicoletos

1 year

Just to note something here… The pain trade for #Bitcoin is Bitcoin moving higher, not lower..

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Michael Nicoletos

3 years

Russia is much bigger than Lehman... just saying

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Michael Nicoletos

2 years

So a group of countries which do not trust each other, which do not have open capital markets, which would prefer not to hold their FX reserves in any of the other countries currencies and (for some) rule of law has a vague definition, have “agreed” to CREATE a new currency to

@RadarHits

Radar🚨

2 years

BREAKING‼️ Brazil, Russia, India, China, and South Africa (BRICS) to create new currency to challenge US dollar - Russian Deputy Chairman of State Duma.

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Michael Nicoletos

2 years

For those arguing that the US and the USD are in a downfall… #China ’s wealthy activate escape plans as Xi Jinping extends rule | Financial Times

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Michael Nicoletos

4 months

If you think #HongKong is an isolated event and it does not reflect #China ’s economic reality, you are, at best, being naive. China’s (actual) economic reality is getting worse, NOT better! “The greatest trick the Devil ever pulled was convincing the world he didn't exist.”

@financialjuice

FinancialJuice

@financialjuice

4 months

HONG KONG RETAIL SALES YOY ACTUAL -14.7% (FORECAST -6.3%, PREVIOUS -7.0%) $MACRO

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Michael Nicoletos

4 months

#Bitcoin A chart does not get any better than this. With all the (short) stops at 74k we are about to witness something spectacular!

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Michael Nicoletos

7 months

What the USD bears and the China bulls won’t tell you👇 #China has: • A Fiscal Deficit: -7% • A Current Account that is deteriorating (from 10% of GDP in 2007 to 1.5% in 2023) - If we include re-exports with Hong Kong and other discrepancies, it’s likely negative. •

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Michael Nicoletos

1 year

As always a great analysis by @michaelxpettis on why an #RMB devaluation does not help the Chinese economy. (A must-read 👇) Which brings me to another thought. If an RMB devaluation does not help the Chinese economy (and I agree) something I am sure Beijing is aware of, then

@michaelxpettis

Michael Pettis

@michaelxpettis

1 year

1/7 While the RMB may or may not depreciate further, a weaker RMB will most certainly not aid economic recovery. This widely-held belief is based on a misunderstanding of the Chinese economy and the way in which depreciation works.

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Michael Nicoletos

6 months

Embracing Change: The Synergy of Technological Advancement and Economic Evolution The core challenge does not reside in the realm of innovation itself but rather in the reluctance to embrace change. My thoughts: #Technology #AI #Crypto #Cryptocurency

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Michael Nicoletos

11 months

The #US has a weapon that can’t be matched by anyone, the #USD . The only thing the US needs to do is starve the world of US #dollars . Something it has already started doing. First by raising interest rates, then by Quantitative Tightening ( #QT ) and now by its huge budget

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Michael Nicoletos

8 days

1/8 I’ve spent countless hours analyzing China's economic data, and it's clear that the official figures represent a best-case scenario. The reality on the ground is likely much worse. To avoid any confusion, I’ll be addressing each point below using publicly available

@asdf12390675307

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@asdf12390675307

8 days

@mnicoletos @RnaudBertrand @gave_vincent Too much to debunk, but here are the basics:

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Michael Nicoletos

2 years

@SantiagoAuFund Let’s assume for a minute that country XYZ accepted to trade in #Yuan or #Rubles and that they had figured to do so in an efficient and scalable manner. This means they would also accumulate these currencies in their #FX #Reserves . What would they do with them? Buy Yuan and

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Michael Nicoletos

2 years

it's hard to argue with this

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Michael Nicoletos

8 months

Is this truly the vision we aspire to? Our focus ought to be on fostering an environment of equal opportunity rather than mandating equal outcomes. The pursuit of equal outcomes necessitates adherence to predetermined standards, which, regrettably, may not allow us to harness

@elonmusk

Elon Musk

8 months

An anonymous source just sent me this from Disney. It is mandatory, institutionalized racism and sexism!

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Michael Nicoletos

3 years

Another challenging year has come to an end. I wish everyone a Happy 2022, full of health and joy. Thank you, everyone, on #fintwit (and not) for all the great discussions and debates and for helping me become a bit wiser🙏. Let’s try and make 2022 better for everyone!

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Michael Nicoletos

3 years

It looks like the time has come. #DXY #USD #Gold #Bitcoin

@mnicoletos

Michael Nicoletos

4 years

If/When in the future, we see the #USD ( #DXY ) rally and, at the same time, we see #Gold (and or #Bitcoin ) rallying with it, it won’t mean that the #USD is appreciating (in real terms). It will mean that the #USD is depreciating (debasing) at a slower pace than other currencies.

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Michael Nicoletos

4 months

The #US stock market is close to all-time highs while #China is tanking! But!!!! China is about to dominate the world economic stage, and the #USD is to lose its strategic importance.

@sunchartist

Sunchartist

4 months

HSMPI Hang Seng Mainland Properties index -4.31% down -7.61% for the week

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Michael Nicoletos

11 months

For those who know their financial history know what this means

@DeItaone

*Walter Bloomberg

11 months

*SOUTH KOREA TO BAN SHORT SELLING UNTIL JUNE 2024

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Michael Nicoletos

5 years

The definition of a #perfect_storm An overlevered global economy (debt > 300% of GDP) facing a simultaneous demand & supply shock ( #coronavirus ), effectively shutting down the 2nd biggest economy ( #China ), at a time when global CBs have already used 95% of their ammunition ( #QE )

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Michael Nicoletos

2 years

Do you think #US Banks have unrealised bond losses, but #European Banks don’t? Just remember European #Banks & European #Pensions , at some point, were buying negative-yielding bonds. This was never the case for US banks. The aggregate value of negative-yielding bonds reached

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Michael Nicoletos

1 year

This is very important. The #euro was constructed to create a counter to the #USD dominance. The #Eurozone consists of 20 developed democratic countries, with a rule of law, a functioning capital market and one central bank ( #ECB ) to oversee it. Moreover, it’s the second biggest

@jsblokland

jeroen blokland

1 year

Wow chart! Based on #SWIFT international payments, we are witnessing 'de-euroization' and not ' #dedollarization . The #euro 's share in SWIFT global payments has dropped to 23% from 38% at the start of the year. Are #Russia 's SPFS and #China 's CIPS eating up the euro? By the way,

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Michael Nicoletos

4 years

You do not regulate something you plan to ban... #BITCOIN

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Michael Nicoletos

5 months

As I have been saying: #China ’s real GDP is much lower. Real GDP actually declined from 2021 to 2023. The #IMF adjusts for the fact that the renminbi lost 12-14% of its value over that period, and comes up with a different picture.

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Michael Nicoletos

11 months

China’s Industrial Production is collapsing at a time when: • Global growth is slowing down and China’s current account surplus is deteriorating • FDI into China has come to a halt • M2 / FX Reserves (blue) at 7.3% • And the US is absorbing (through its monetary and

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Michael Nicoletos

7 months

#HongKong : Foreign investors are being driven away! Hong Kong's legislature has rapidly and unanimously passed the local Article 23 national security law under the Basic Law just 11 days after its introduction. The law outlines severe penalties, including life imprisonment, for

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Michael Nicoletos

16 days

What if the #FED ’s *real* goal today was to weaken the #USD ? A weak dollar would ease pressure on the Eurodollar market, letting other currencies cut rates without tanking. Is it possible that Shanghai Accord 2.0 was agreed upon last August? With Europe and China hurting - and a

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@mnicoletos

Michael Nicoletos

2 months

I've long supported the #US #Dollar #Milkshake theory (by @SantiagoAuFund ), but that doesn't mean I can't have short-term views that differ. Over the next few months, I expect the #USD to #move #lower . Whether this is a coordinated effort by central banks or not, economically,

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Michael Nicoletos

2 years

Investors need to understand what this chart is telling us! M2 / FX Reserves (blue) at 8% #USD - #CNY inverted (red) at 7.26 Capital Controls have prevented capital from leaving. Hence, M2 has remained in #China , hyper-inflating GDP Does #China have enough FX Reserves?

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Michael Nicoletos

4 months

🚨 BREAKING: Russia's economy on the brink? 🇷🇺💸 Rosbank's current RUB - USD rates: Buy: 52.8 rubles Sell: 132.4 rubles That's a spread is wider than the Grand Canyon! 😱 Remember when some claimed the ruble was safer than the USD? 🤔 Looks like they spoke too soon. Also, the

@MarioNawfal

Mario Nawfal

4 months

🚨🇷🇺BREAKING: RUSSIAN RUBLE ON THE BRINK OF COLLAPSE?! Reports are circulating that Rosbank and Gazprombank’s websites are down and that the Moscow Exchange is preventing people from logging in after yesterday’s announcement of additional sanctions from the U.S. Rosbank is

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Michael Nicoletos

4 months

ACS Courier in Greece is by far the worse courier. They just sent me a message saying they came to deliver something and found no one, so they had to leave. The delivery address is an office with 24/7 security! @ACSCourier #ACSCourier #ACS #Greece

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Michael Nicoletos

8 months

#China : Based on available data and estimates for 2023, private consumption accounted for approx. 38% of China's GDP. In the US, this number is close to 68%. China wants to shift away from an investment-driven economy to a more consumer-based one. It can no longer fund

@business

Bloomberg

9 months

China is considering tapping $278 billion in offshore funds as part of a rescue package to stabilize its stock market

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Michael Nicoletos

5 months

Is the recent reversal in the #Yen telling us something? The Yen Never Lies!

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Michael Nicoletos

3 months

California law: Kids can hide gender identity from parents. Why? 🧠 Brain matures at 23.👨‍👩‍👧‍👦Family role in flux. LGBTQ+ rights vs. majority rule: Democracy's dilemma. Why now? #parentalRights #LGBTQ #democracy #gender #biology #demographics #AB1955

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Michael Nicoletos

10 days

1/2 In a desperate effort to revitalize its economy, #China unleashed a barrage of measures, from cuts to interest rates and reserve requirements to making central bank funding available for investors to purchase stocks. 🐉💼 🏦 Banking & Liquidity 7-day reverse repo rate ⬇️ to

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Michael Nicoletos

10 days

2/2 This significant liquidity boost comes at a time when global central banks are lowering interest rates. China's economic situation is dire, and it will need every help it can get, including a weaker USD. #China in Numbers: GDP 2023: Official: $17.9 trillion Unofficial

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Michael Nicoletos

7 months

3,5 years ago, I wrote the following tweet. At that time: #DXY = 93.84 --> Today = 104.15 #Gold =$1,899 --> Today = $2,027 #BTC = $10,650 --> Today = $59,266 Given its fiscal & monetary situation, the USD should have been lower, but it's

@mnicoletos

Michael Nicoletos

4 years

If/When in the future, we see the #USD ( #DXY ) rally and, at the same time, we see #Gold (and or #Bitcoin ) rallying with it, it won’t mean that the #USD is appreciating (in real terms). It will mean that the #USD is depreciating (debasing) at a slower pace than other currencies.

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Michael Nicoletos

10 months

Historically, Greece's economic cycle has tended to trail behind Europe's by approximately 12 to 18 months. However, a unique investment opportunity seems to emerge in #Greece for the first time in many years. As #Europe is entering a recession, Greece is still experiencing a

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Michael Nicoletos

10 days

As I said a month ago, this rally (in risk assets) will probably be one of the most hated rallies ever. The #FED and the #ECB are cutting rates, while #China and the #PBoC are injecting massive amounts of stimulus (and this is only the beginning) Valuations matter, but

@mnicoletos

Michael Nicoletos

2 months

This rally (in risk assets) will probably be one of the most hated rallies ever, and it doesn’t stop here! • Flows (liquidity) matter more than valuations • Major Central Banks are coordinating - USD weaker (until US elections) • US and China's economic interests are

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Michael Nicoletos

2 months

This rally (in risk assets) will probably be one of the most hated rallies ever, and it doesn’t stop here! • Flows (liquidity) matter more than valuations • Major Central Banks are coordinating - USD weaker (until US elections) • US and China's economic interests are

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Michael Nicoletos

1 year

I wholeheartedly disagree with the analysis below, casting doubts on the assertion that China is underreporting its FX reserves. In a world where China is accused of underreporting its FX reserves, logic falters. China, with its global economic stature, is more inclined to

@Brad_Setser

Brad Setser

1 year

A bit of depreciation pressure -- sure ... But nothing that China cannot manage out of its reserves and its hidden reserves ... .

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Michael Nicoletos

3 years

A picture is a thousand words. #GoldMiners do not get any cheaper than that. And all this happening with a strong US dollar... Just imagine where #gold will trade if the #USD starts falling.

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Michael Nicoletos

11 months

So let me get this straight • China’s real estate is in bubble - with many companies going bankrupt • Local government financing vehicles (LGFVs) have a combined debt of roughly $9 trillion. • Banks in #China have taken less than 2% provisions on a banking system with total

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Michael Nicoletos

10 months

The Lindy Effect - #Bitcoin Most ideas have a finite life. The length of an idea’s life is a function of how good of an idea it is. The concept known as the Lindy Effect suggests that the lifespan of an idea or technology is proportional to its current age. Simply put, the

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Michael Nicoletos

1 year

I have been arguing for a while now that I'm not entirely certain that #Brexit occurred in isolation. From the very beginning, after Brexit, I have maintained that the #US and the #UK would draw closer together (and in my opinion, the UK could potentially join NAFTA someday).

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Michael Nicoletos

10 months

Recently, @StabilityAI launched a cutting-edge #AI text-to-video tool, marking a critical point where adopting revolutionary technologies is essential for staying competitive in our fast-changing world. This innovative text-to-video technology unlocks new realms of

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Michael Nicoletos

2 years

4/4 What occurred in the transportation sector has been repeated in one industry after another – in many cases, several times in the same industry. Creative destruction recognizes change as the one constant in capitalism. #Capitalism #Creative_Destruction #AI #ChatGPT

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Michael Nicoletos

4 months

Who would have thought…. Electric cars are a pipe dream. a) batteries destroy the environment (but we forget to mention it) b) the electric grids cannot support full electric and need capex and years to adjust and c) the argument that it’s cheaper to operate one is/will go

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Michael Nicoletos

4 months

🚨 USD bears suspiciously silent on China's red flags! 🐻🤫 Bombshell revelation: China witnessed its largest bank withdrawals in history last month! 🏦💸 What is the real reason behind soaring gold prices on the Shanghai Exchange? You guessed it - these massive withdrawals!

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Barchart

4 months

BREAKING 🚨: China China sees largest bank withdrawals in history last month of just under 4 trillion yuan

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Michael Nicoletos

5 months

You can’t make this up! Environmentalists are suing environmentalists for doing damage to the environment

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Michael Nicoletos

5 months

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Michael Nicoletos

8 months

China: The Rising Tide of Uncertainty This article delves into the heart of China's economic challenges - from sky-high debt levels and banking sector woes to the pressing need for a strategic shift in growth strategy. If I had to put just one chart, this one would be it. Your

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Michael Nicoletos

11 months

How is the De-dollarization going? • 2 out of the 5 #BRICS have Capital Controls in place • #India and #Russia have suspended efforts to settle bilateral trade in rupees after months of negotiations failed to convince • #Lavrov himself has said #Russia has billions of

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Michael Nicoletos

2 years

#China : Big recipients of #BRI financing, which represent a significant balance sheet #risk for Chinese #banks , are more likely to receive emergency aid. NPLs are rising and Chinese banks have 2% provisions

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China grants billions in bailouts as Belt and Road Initiative falters

New study attempts to capture total rescue loans from world’s biggest bilateral creditor

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Michael Nicoletos

6 months

As long as #US fiscal policy is expansionary, there will be #inflation . We keep saying that #QE and the #FED 's Monetary Policy created inflation, but they did not. (No wonder the US did not have inflation for 10y) One thing is for sure: Elevated US interest rates + QT (reduction

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Michael Nicoletos

5 years

The #Greeks have many flaws, I will be the first to admit, but there is no force more powerful in uniting them than an external threat. I will tell you this, no #EU treaty will stop them from protecting their home ground. This is not a refugee crisis, it’s a territorial violation

@andreasmoun

Andreas Mountzouroulias 🇬🇷

5 years

#Breaking #Greek farmers ready to block immigrants in #Evros #GreeceUnderAttack #IStandWithGreece

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Michael Nicoletos

2 years

3/4 After eclipsing canals and other forms of transport, railroads lost out in competition with cars, long-haul trucks, and airplanes. In 1920, 2.1M Americans earned their paychecks working for railroads, compared with fewer than 200k today. #Capitalism #Creative_Destruction #AI

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Michael Nicoletos

3 months

Last week on @RealVision , I joined @AndreasSteno for a deep dive into China's economic precipice. We dissected property debt, banking risks, and looming crises. Thank you for the opportunity! Is China's economy on the brink? Where might it fracture? #China #Debt #CNH #CNY #M2

@RealVision

Real Vision

3 months

🤯 CHINA'S $6 TRILLION DECLINE- 5 key takeaways: . @AndreasSteno x . @mnicoletos 👇 1/ China’s economic troubles are accelerating, with a $6 trillion loss in the stock market and $5 trillion in the real estate market since 2021. 📉 2/ China’s strategy of increasing money supply

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Michael Nicoletos

1 year

"We all have two lives, and the second begins when we realize we only have one" Some things in life come to your attention late. Or maybe at a time when you are more able to really understand them. Even though Confucious was the one to have said this, it came to my attention

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Michael Nicoletos

21 days

According to BI Audit Tracker, #HongKong share-trading suspensions due to companies missing deadlines to file audited results have surged 40% YTD. Domestic investors own over 92% of the total suspended value, while foreign investors' exposure is under 8%. You make sure to

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Michael Nicoletos

2 months

I've long supported the #US #Dollar #Milkshake theory (by @SantiagoAuFund ), but that doesn't mean I can't have short-term views that differ. Over the next few months, I expect the #USD to #move #lower . Whether this is a coordinated effort by central banks or not, economically,

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Michael Nicoletos

8 months

China: The Rising Tide of Uncertainty (Part 2) The aim is to highlight several critical observations regarding China's economic indicators that one might find intriguing. #China #RMB #Yuan #deficit #USD #DXY #CNH #CNY #RealEstate

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Michael Nicoletos

5 years

A Thread on #China . Some data and some thoughts. I hope you find it useful. What's different about China's GDP number? Is China growing at 6% as it lets everyone else believe? Can China come out of this without devaluing its currency?

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Michael Nicoletos

4 months

🚨 EXPOSED: The Harsh Reality Behind China's Economic Facade 🇨🇳 Is the Yuan really poised to overtake the USD? Think again! 🤔 1️⃣A closed capital market system is a dead end for any aspiring reserve currency. 🚫 2️⃣ Alibaba's $5bn share buyback plan reveals a shocking truth:

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Michael Nicoletos

11 months

In this pivotal moment in history, it is imperative for politicians, not only in the US but, around the globe to embrace a stance of unwavering conviction and integrity. Amidst a sea of contentious issues, it's time for leaders to anchor themselves firmly in their beliefs,

@kofinas

Demetri Kofinas

11 months

It's intersting how COVID-19, the Ukraine war, and now, Israel-Palestine are causing rifts and realignments on the hard left & right as everyone tries to figure out where the majority of the country is and what interlocking set of positions can create a winning coalition in 2024.

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Michael Nicoletos

11 months

Bloomberg: “The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may push the government to do more to shore up the struggling housing market.” Real Estate represents 62% of Chinese household wealth. #China ’s Household

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Michael Nicoletos

2 years

#BoE , #BoJ , soon the #ECB (if anyone paid attention to this week's German Bund auctions…) #Central_Banks are raising rates to stop inflation, but they keep doing #QE to fund #fiscal programs (which defectively are #inflationary ) The result? All currencies devalue vs the #USD

@FirstSquawk

First Squawk

2 years

BOJ ANNOUNCES EMERGENCY BOND BUYING OPERATION

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Michael Nicoletos

2 years

I would like to thank Dan Rasmussen ( @verdadcap ) for his time and for sharing his thoughts on @RealVision . Dan does a deep dive on what he believes comes up next and why markets might be overpricing or underpricing different asset classes. A must see👇

@RealVision

Real Vision

2 years

Finding safe havens in a rapidly evolving environment... @verdadcap & @mnicoletos explore the state of markets and how we can go about finding safety in times of uncertainty & heightened volatility. - #Treasuries - #Gold - #Japan - #Europe Watch 👉

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Michael Nicoletos

11 days

🚨 Eurozone in freefall! Manufacturing numbers scream DEEP RECESSION 📉 💣 Political chaos incoming 🇨🇳 China flooding markets with cheap goods 🇪🇺 Europe making production HARDER for its own companies Imagine €/$ if Fed hadn't slashed rates 😱 #EconomicCrisis

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Michael Nicoletos

2 years

I had the unique pleasure of talking to Michael Kao (⁦ @UrbanKaoboy ) ⁩for ⁦ @RealVision ⁩. We talked about global macro and, more specifically, about the #USD and how its latest move affects the world. Thank you, Michael for sharing your views

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When Will the Dollar Stop Wrecking Stuff?

During the past week, we’ve seen the Bank of Japan and the Bank of England intervene to prop up their respective currencies. And both central banks were triaging havoc wreaked by the U.S. dollar...

www.realvision.com

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Michael Nicoletos

4 years

Paul Tudor Jones ✅ Stanley Drakenmiller ✅ JPM / CEO Jamie Dimon (change of heart)✅ Bridgewater Ray Dalio ✅ BlackRock / CIO of FI Rick Rieder ✅ What else do you need? #Bitcoin

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Michael Nicoletos

4 months

Do we want equal opportunity, or are we looking for equal outcomes? Equal outcome means that you accept according to the quota! If you admit according to the quota, you risk admitting people with lower standards. How does this practice help the society become better? Would you

@aaronsibarium

Aaron Sibarium

4 months

SCOOP: Whistleblowers at UCLA medical school say it has dramatically lowered admissions standards for minority applicants. As a result, they say, 50% of some cohorts now fail basic tests of medical competence. We've obtained shocking internal data.🧵

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Michael Nicoletos

8 months

A month ago, I noted that #Greece , for the first time in many years, found itself favorably positioned from a macroeconomic perspective. While much of Europe was either already in recession or on the brink of one, Greece continued to exhibit growth. I suggested that any

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Michael Nicoletos

9 months

Greece - The Tables Have Turned #Greece #Europe #Germany #Euro

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