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"Baby Boomers are relocating to Las Vegas and Tampa while Millennials prefer Austin. Both groups are leaving the larger cities of San Francisco and New York." - BofA
@RealEJAntoni correct
Same happened with semiconductors and double/triple ordering during peak covid, and the cycle is even more offset now with AI orders (NVDA) ahead of potential chip wars with China.
QT: https://twitter.com/FreightAlley/status/1667571076455444480
Can we make it a cool billion? Every day the Fed is paying $800 million in interest to banks and money market funds. This means that the Fed's net operating loss is now a record $68 billion. https://twitter.com/zerohedge/status/1667723874081857537/photo/1
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*CHINA HAS HAD CUBA SPY BASE SINCE AT LEAST 2019: WSJ https://twitter.com/zerohedge/status/1667713213998284802/photo/1
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