6 ms·
This reads like LLM slop. The "carry trade blowing up" has been written about hundreds of time before, so it's not surprising it's so prevalent in LLM training
by OGEnthusiast 7mo ago
This reads like LLM slop. The "carry trade blowing up" has been written about hundreds of time before, so it's not surprising it's so prevalent in LLM training data.
- Supermancho 7mo agoThe assertion that metals tanked because of Warsh being picked, is particularly telling. Warsh is not a hawk, despite some media narratives. The Fed is stuck behind not raising rates while the debt is coming down on banking while POTUS is crazier than ever and lowering rates to raise inflation/debase the currency and debt. It's not going to take long to see where this path leads.
- othomp 7mo agoNot to mention that Congress is the one in control of the ship and they don't seem particularly keen on putting their hands on the wheel.