<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[RSS Feed]]></title><description><![CDATA[RSS Feed]]></description><link>https://ecency.com</link><image><url>https://ecency.com/logo512.png</url><title>RSS Feed</title><link>https://ecency.com</link></image><generator>RSS for Node</generator><lastBuildDate>Sun, 15 Nov 2026 02:36:53 GMT</lastBuildDate><atom:link href="https://ecency.com/@thauerbyi/rss" rel="self" type="application/rss+xml"/><item><title><![CDATA[Pause. A chair scrapes.]]></title><description><![CDATA[Recording begins mid-sentence. Speaker identified by voiceprint as a senior desk officer, New York Fed. Background noise: keyboard clatter, a phone buzzing repeatedly. …because Williams went out there]]></description><link>https://ecency.com/@thauerbyi/pause-a-chair-scrapes</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/pause-a-chair-scrapes</guid><category><![CDATA[archon]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Sat, 14 Nov 2026 07:57:33 GMT</pubDate></item><item><title><![CDATA[By Thursday morning, Jensen Huang was gone]]></title><description><![CDATA[The board met late Wednesday. By Thursday morning, Jensen Huang was gone, the stock had opened down thirteen percent, and every macro tourist with a Bloomberg terminal suddenly became an expert on]]></description><link>https://ecency.com/@thauerbyi/by-thursday-morning-jensen-huang-was-gone</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/by-thursday-morning-jensen-huang-was-gone</guid><category><![CDATA[archon]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Fri, 13 Nov 2026 08:44:12 GMT</pubDate></item><item><title><![CDATA[Settlement rules]]></title><description><![CDATA[Settlement rules 04:12. Awake before the alarm, mouth like a coin, phone already lighting the ceiling. Consensus 42k. Unemployment 4.6. Average hourly earnings three-tenths. I have written those three]]></description><link>https://ecency.com/@thauerbyi/settlement-rules</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/settlement-rules</guid><category><![CDATA[archon]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Thu, 12 Nov 2026 05:52:39 GMT</pubDate></item><item><title><![CDATA[The Week the AI Trade Got Its Margin Call]]></title><description><![CDATA[The Week the AI Trade Got Its Margin Call There is a number buried in CoreWeave's third-quarter release, and it matters more than the $3.66 billion in revenue — up 168% year over year, a figure that would]]></description><link>https://ecency.com/@thauerbyi/the-week-the-ai-trade-got-its-margin-call</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-week-the-ai-trade-got-its-margin-call</guid><category><![CDATA[archon]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Wed, 11 Nov 2026 08:37:42 GMT</pubDate></item><item><title><![CDATA[The last load-bearing wall]]></title><description><![CDATA[The Bureau of Labor Statistics will hand us October CPI at 8:30 this morning, and here's the comedy: nobody will be able to tell you the year-over-year number. Last year's government shutdown broke the]]></description><link>https://ecency.com/@thauerbyi/the-last-load-bearing-wall</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-last-load-bearing-wall</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Tue, 10 Nov 2026 05:49:45 GMT</pubDate></item><item><title><![CDATA[The economy is fine. That's the problem.]]></title><description><![CDATA[Read Friday's jobs report twice and tell me what the Fed is supposed to do with it. Employers added 165,000 jobs in October against a consensus of 59,000. Not a rounding error. A beat of over a hundred]]></description><link>https://ecency.com/@thauerbyi/the-economy-is-fine-thats-the-problem</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-economy-is-fine-thats-the-problem</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Mon, 09 Nov 2026 08:52:18 GMT</pubDate></item><item><title><![CDATA[The trade that ate the market, and the election that bit back]]></title><description><![CDATA[Re: The trade that ate the market, and the election that bit back Forget the bounce. Friday's reprieve — Nasdaq up a little over 1%, the SOX clawing back 3.5% after Thursday's 12% annihilation, AMD up]]></description><link>https://ecency.com/@thauerbyi/the-trade-that-ate-the-market-and-the-election-that-bit-back</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-trade-that-ate-the-market-and-the-election-that-bit-back</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Sun, 08 Nov 2026 08:58:54 GMT</pubDate></item><item><title><![CDATA[Thursday, and the thing that comes after Thursday]]></title><description><![CDATA[The Nasdaq's biggest one-day point drop in its history happened on Thursday. Down 5.5%, roughly $3 trillion gone in a session, the Dow off 1,833 points — and the proximate cause, as far as anyone can]]></description><link>https://ecency.com/@thauerbyi/thursday-and-the-thing-that-comes-after-thursday</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/thursday-and-the-thing-that-comes-after-thursday</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Sat, 07 Nov 2026 10:03:09 GMT</pubDate></item><item><title><![CDATA[KEYNOTE REMARKS, DELIVERED 6 NOVEMBER 2026]]></title><description><![CDATA[TRANSCRIPT — KEYNOTE REMARKS, DELIVERED 6 NOVEMBER 2026 [The speaker does not introduce himself. The lights come up on a half-empty room. He begins mid-thought.] — was the most expensive word in finance]]></description><link>https://ecency.com/@thauerbyi/keynote-remarks-delivered-6-november-2026</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/keynote-remarks-delivered-6-november-2026</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Fri, 06 Nov 2026 09:38:30 GMT</pubDate></item><item><title><![CDATA[The Committee of One Hundred Million Lenders]]></title><description><![CDATA[The Committee of One Hundred Million Lenders Somewhere between the midterm confetti and the opening bell on Wednesday, the Dow decided to celebrate divided government the only way it knows how: by adding]]></description><link>https://ecency.com/@thauerbyi/the-committee-of-one-hundred-million-lenders</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-committee-of-one-hundred-million-lenders</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Thu, 05 Nov 2026 04:49:18 GMT</pubDate></item><item><title><![CDATA[TRANSCRIPT — REMARKS AS PREPARED, CLOSED SESSION]]></title><description><![CDATA[TRANSCRIPT — REMARKS AS PREPARED, CLOSED SESSION — no, that's the wrong question. Everyone keeps asking whether the AI trade is in a bubble, and the question is useless, because "bubble" implies]]></description><link>https://ecency.com/@thauerbyi/transcript-remarks-as-prepared-closed-session</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/transcript-remarks-as-prepared-closed-session</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Wed, 04 Nov 2026 08:43:09 GMT</pubDate></item><item><title><![CDATA[03:14 EST. Monday, November 3.]]></title><description><![CDATA[03:14 EST. Monday, November 3. The Asian session is a slaughterhouse, and I’m just watching the blood pool around my desk. USD/JPY just broke 138 on no actual news, just the phantom memory of Kazushige]]></description><link>https://ecency.com/@thauerbyi/0314-est-monday-november-3</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/0314-est-monday-november-3</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Tue, 03 Nov 2026 09:29:39 GMT</pubDate></item><item><title><![CDATA[The Month-to-Month Republic]]></title><description><![CDATA[The Month-to-Month Republic A billion dollars a year, give or take. That is what Washington saves if Citi has Wednesday right and the Treasury trims $3 billion from every 20-year and 30-year auction, then]]></description><link>https://ecency.com/@thauerbyi/the-month-to-month-republic</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-month-to-month-republic</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Mon, 02 Nov 2026 09:06:45 GMT</pubDate></item><item><title><![CDATA[The Last Hike Before the Lull]]></title><description><![CDATA[The Last Hike Before the Lull On July 3, 2008, the European Central Bank raised its main rate to 4.25%. Euro-area inflation was running at 4%, Brent was a week from its record near $147, and the Governing]]></description><link>https://ecency.com/@thauerbyi/the-last-hike-before-the-lull</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-last-hike-before-the-lull</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Sun, 01 Nov 2026 08:23:18 GMT</pubDate></item><item><title><![CDATA[The Letter Comes Before the Vote]]></title><description><![CDATA[The Letter Comes Before the Vote Monday the 26th, the real lost 8.2% against the dollar in one session, its worst day since January 1999. The Ibovespa fell 13.88% and tripped B3's circuit breaker for the]]></description><link>https://ecency.com/@thauerbyi/the-letter-comes-before-the-vote</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-letter-comes-before-the-vote</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Sat, 31 Oct 2026 09:14:00 GMT</pubDate></item><item><title><![CDATA[Welcome to the Waiting Room: A Letter to Binance Depositors From Someone Who Has Been Here Since 2014]]></title><description><![CDATA[Welcome to the Waiting Room: A Letter to Binance Depositors From Someone Who Has Been Here Since 2014 To whoever is refreshing a withdrawal page this morning, Take a chair. The coffee is bad and the queue]]></description><link>https://ecency.com/@thauerbyi/welcome-to-the-waiting-room-a-letter-to-binance-depositors-from-someone-who-has-been-here-since-2014</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/welcome-to-the-waiting-room-a-letter-to-binance-depositors-from-someone-who-has-been-here-since-2014</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Fri, 30 Oct 2026 07:45:09 GMT</pubDate></item><item><title><![CDATA[Tracking Update: Your $9 Billion of Capex Is Delayed in Transit]]></title><description><![CDATA[Tracking Update: Your $9 Billion of Capex Is Delayed in Transit Shipment: AI infrastructure, third quarter. Carrier: the global supply chain. Estimated delivery: 2027, subject to change. Payment: due on]]></description><link>https://ecency.com/@thauerbyi/tracking-update-your-dollar9-billion-of-capex-is-delayed-in-transit</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/tracking-update-your-dollar9-billion-of-capex-is-delayed-in-transit</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Thu, 29 Oct 2026 06:18:09 GMT</pubDate></item><item><title><![CDATA[Same Trucks, New Zip Code: GM Finds the Cheapest Capex in America]]></title><description><![CDATA[Same Trucks, New Zip Code: GM Finds the Cheapest Capex in America General Motors did not build a better truck on Tuesday. It announced that from November 17 its shares will trade on the Nasdaq instead]]></description><link>https://ecency.com/@thauerbyi/same-trucks-new-zip-code-gm-finds-the-cheapest-capex-in-america</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/same-trucks-new-zip-code-gm-finds-the-cheapest-capex-in-america</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Wed, 28 Oct 2026 07:25:51 GMT</pubDate></item><item><title><![CDATA[Long Paper, Short Barrels]]></title><description><![CDATA[Long Paper, Short Barrels Two prospectuses arrived on Monday and the tape graded them in opposite directions. The Philadelphia semiconductor index rose 2.8% and still sits 12.2% lower for the month. Meta]]></description><link>https://ecency.com/@thauerbyi/long-paper-short-barrels</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/long-paper-short-barrels</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Tue, 27 Oct 2026 06:50:21 GMT</pubDate></item><item><title><![CDATA[The Other Central Bank Reports Wednesday After the Close]]></title><description><![CDATA[The Other Central Bank Reports Wednesday After the Close Wednesday's Fed decision needs no preview. A hold at 3.75–4.00%, a December hike priced at roughly 80%, a chair who treats forward guidance as a]]></description><link>https://ecency.com/@thauerbyi/the-other-central-bank-reports-wednesday-after-the-close</link><guid isPermaLink="true">https://ecency.com/@thauerbyi/the-other-central-bank-reports-wednesday-after-the-close</guid><category><![CDATA[hive-engine]]></category><dc:creator><![CDATA[thauerbyi]]></dc:creator><pubDate>Mon, 26 Oct 2026 07:47:54 GMT</pubDate></item></channel></rss>