Julien Bittel, CFA

@BittelJulien

Macro thinker & investor | Founder | Toolmaker

已收录 14 条帖子
  1. #1

    Jeff Gundlach laid out the Fed's dilemma this week: Hike, and the interest bill on all that short-dated debt balloons. Cut, and inflation reignites. He’s right. But I think it’s t…

    Julien Bittel, CFA @BittelJulien ·
    Jeff Gundlach laid out the Fed's dilemma this week: Hike, and the interest bill…
  2. #2

    I posted this earlier in the week on @RealVision, but thought it was worth sharing here as well, just to give everyone something to think about. If you step back and look at the d…

    Julien Bittel, CFA @BittelJulien ·
    I posted this earlier in the week on @RealVision, but thought it was worth shar…I posted this earlier in the week on @RealVision, but thought it was worth shar…I posted this earlier in the week on @RealVision, but thought it was worth shar…I posted this earlier in the week on @RealVision, but thought it was worth shar…
  3. #3

    This chart probably best encapsulates the story of 2025. It’s a chart I shared in several of my reports last year, and it also explains why ISM remained lower than we initially ex…

    Julien Bittel, CFA @BittelJulien ·
    This chart probably best encapsulates the story of 2025. It’s a chart I shared…
  4. #4

    A lot of people have been asking for an update on this chart, so I’ll just leave this here for anyone who needs to see it. This shows the average BTC trajectory following an overs…

    Julien Bittel, CFA @BittelJulien ·
    A lot of people have been asking for an update on this chart, so I’ll just leav…
  5. #5

    I wanted to give everyone something meaningful, a gift… This comes from Global Macro Investor (GMI) and a deep, long-running body of research developed by @RaoulGMI and myself. Ma…

    Julien Bittel, CFA @BittelJulien ·
    I wanted to give everyone something meaningful, a gift… This comes from Global…I wanted to give everyone something meaningful, a gift… This comes from Global…I wanted to give everyone something meaningful, a gift… This comes from Global…I wanted to give everyone something meaningful, a gift… This comes from Global…
  6. #6

    Everyone is suddenly back to debating who to unfollow because this whole space has turned on itself yet again, so here is my take… I usually stop following accounts that pump out…

    Julien Bittel, CFA @BittelJulien ·
    Everyone is suddenly back to debating who to unfollow because this whole space…Everyone is suddenly back to debating who to unfollow because this whole space…
  7. #7

    The Empire Manufacturing Survey, the first of the major US regional PMIs to report for November, surprised to the upside on Monday at 18.7 versus 5.8 expected and up from 10.7 las…

    Julien Bittel, CFA @BittelJulien ·
    The Empire Manufacturing Survey, the first of the major US regional PMIs to rep…
  8. #8

    Turbulence in BTC bull markets across cycles.

    Julien Bittel, CFA @BittelJulien ·
    Turbulence in BTC bull markets across cycles.
  9. #9

    I wanted to share a few thoughts on liquidity from last week’s MIT report that dropped on @RealVision. Hope it’s helpful… Regarding liquidity, we’ve seen a small tick lower in our…

    Julien Bittel, CFA @BittelJulien ·
    I wanted to share a few thoughts on liquidity from last week’s MIT report that…I wanted to share a few thoughts on liquidity from last week’s MIT report that…I wanted to share a few thoughts on liquidity from last week’s MIT report that…I wanted to share a few thoughts on liquidity from last week’s MIT report that…
  10. #10

    The Everything Code TL;DR. The labor force participation rate isn’t going to rise anytime soon – it’s set to keep declining over time. This is a structural problem… We’ve got agin…

    Julien Bittel, CFA @BittelJulien ·
    The Everything Code TL;DR. The labor force participation rate isn’t going to ri…