Lawrence McDonald

Lawrence McDonald


Father of two, Former Head of Macro Strategy Soc Gen, NY Times Bestselling Author, @CNBC & @RealVision Contributor, founder of @BearTrapsReport

71610 followers  •  13295 follow  •    •   https://t.co/Lisjugp9eC

Dear Europe, if you have a population 3-5x larger than yours, growing 3-5x faster, your energy consumption very quickly becomes HIGHLY irrelevant. Mathematically sustainable solutions are needed globally, less bs. Thank you, India.

“Push” China's 2021 net crude oil imports are forecast to grow to 559 million tonnes (vs. 335 million in 2015), according to a research arm of state oil and gas group China National Petroleum Company. *Dear Bloomberg Energy, more facts, less spin please.

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The share of U.S. workers leaving jobs was 2.7%, a jump from 1.6% a year earlier - the highest level since at least 2000. - WSJ (3)

Friends joining for breakfast...

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Daren McDonald was my closest friend since I was about four years old. Down all the years it was a friendship that neither of us ever questioned. Last Thursday night it ended the only way it ever could. Tonight, 4000 showed up at his Wake, so proud.

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True Story - October 19, 1987 Me: “I need to sell x shares of IBM” Trader: “$98 bid” Me: “my machine says $119” Trader: “Well, sell it to your machine then.”

Breaking news, when you pay human beings NOT to work it is very hard to get them back into the labor force.

Drawdowns from Recent Highs: Oil: -53% Bitcoin: -46% Delta Airlines: -46% Tesla: -42% Goldman: -40% JP Morgan: -38% Transports: -36% Russell 2000: -35% FANGs: -28% S&P 500: -27% Nasdaq 100: -25% Amazon: -23% Consumer Staples: -19% Gold: -7% Cash: 0% via: @BearTrapsReport 

China Insults Paris Climate “China proposed 87 gigawatts of new coal plants last year, accounting for about 85% of the world’s total, San Francisco’s Global Energy Monitor said, April 6 report.” BloombergVs. *WHITE HOUSE CONSIDERING NEARLY DOUBLING OBAMA'S CLIMATE PLEDGE

NBC News Decision Desk projection, Joe Biden should now be referred to as the president-elect. HQ projects that Biden has won Pennsylvania and its 20 electoral college votes for a total of 273.

@davidametzner  House RacesDems 212 GOP 205 (+11) Seats Still Open 18 (GOP leads in 9?). To reach a majority, GOP needs to stay with those leads and win 3 more? When was the last time the GOP lost the executive and gained 10+ seats in the House of Representatives?

It must be nice to be an airline CEO. You can recklessly engage in share buybacks to enrich yourself and when ur behavior catches up to u, np just tap the Fed & taxpayers. Capitalism without consequences is not capitalism. Via @tylerwinklevoss 

Drawdowns 1999: It took two years to achieve a 49% decline and 7 years to get back to even. 2007: It took 2 years to achieve a 57% decline and 6 years to get back to even. 2020: It took 31 DAYS to achieve a 32% decline, and --- to get back to even? Via @BearTrapsReport 

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