13 Comments
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Krish's avatar

Such kind of timely short notes are incredibly helpful not just from a trading perspective but as much from a macro learning perspective. Thank you so much.

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David Cervantes's avatar

Would you like to see more of this?

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B DoDubbaG 420's avatar

Small updates like this(if possible), would be hugely helpful. The substack already is great- but small bits here and there give more ops for money making, thanks man!

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David Cervantes's avatar

The people have spoken!

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James Litchfield's avatar

Good work. Today's print was what in the UK would be referred to as squeaky bum time.

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David Cervantes's avatar

Tnx. Here we call it dog shit 😂

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James Litchfield's avatar

You say Potato...

This is going to go to the wire.

Only comfort is generally speaking the Corp world is in very good health. If EU steps up properly (yes, I know David! And share the truly believe it when we see it view) and Canada (the new 🧛‍♂️ 🐙 alumni lab) wakes up there is possibly enough to go round to stay risk on.

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TripleL$$$'s avatar

In one of your earlier posts, you argued that the labor market could deteriorate by late summer, and that the Fed might ultimately cut more than what was priced in—though possibly starting late. Do you still see that scenario playing out, or do you think the labor market’s resilience will persist through the rest of the year?

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David Cervantes's avatar

My note published on Sunday pivoted from that. No cut in June. The rest of the year is looking sus as well.

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TripleL$$$'s avatar

Thanks a lot, David!

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Fikki's avatar

So bullish if above those tail prints?

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David Cervantes's avatar

Yea bro.

Trading off high frequency data isn’t my thing and it’s hard to make money off it.

But the note is geared toward helping people frame their broader view.

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Wolfgang Tsoutsouris's avatar

Thanks for the perspective!

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