3 of the 4 hosts of the all-in podcast are truly insufferable

i expect a lot of companies who’ve been taking a wait and see approach to layoffs have significantly adjusted their view this past week as the 10-year approaches 4%

inflation in canada is down, unless you’re paying for food, gas, or rent 🤔 https://www.cbc.ca/news/business/canada-inflation-january-1.6754818

the morning sun. gm from #toronto ✌️ 🌅

the zombie show then bed. gn nostria ✌️

ok so after seeing these usage charts i am getting that zap fomo can’t wait for that app store update

toronto has more active cranes than any other city in north america. here’s 8 of them in one pic church/lombard

the condos that replaced honest ed’s bloor/bathurst, #toronto

what’s your nostr pitch? i tried explaining it to some people this morning who didn’t use twitter and had no interest in bitcoin. i struggled.

going out searching for a ☕️

on #[0]’s recommendation. start your day with this

Spotify

Five Easy Hot Dogs - Album by Mac DeMarco | Spotify

Mac DeMarco · album · 2023 · 14 songs

the city of toronto, 8:15 in the morning the clouds are telling me something

gn nostrians ✨🌑

another massive office tower going up just south of union station #toronto

i think i’ll make a white bean stew tonight

afternoon ☕️

do you think the mempool will clear tonight?

paul krugman said this week he doesn’t see signs that inflation expectations are entrenched. anecdotally, do you know anyone, even a single person, who doesn’t hope their salary keeps pace with the inflation we’re seeing today and isn’t keenly aware their purchasing power is plummeting?

sunday thoughts you can get the impression reading about financial crises that preceding events move very quickly and hindsight is 20/20. but that’s not quite right. bear stearns was showing widely reported significant distress in 2006 and 2007 before they eventually went under in march 2008. lehman took another 6 months to go under. EVERYONE knew there were massive problems in the asset backed securitization market. what wasn’t well understood was the systemic risk. today, everyone knows the commercial mortgage market is in trouble. many of the assumptions of the last decade have been totally upended. do we properly understand the systemic risk? are we looking through the short term ebb and flow of the market and properly assessing the long term trends?