Sign in

Kalani o Māui

@mauiboymacro.bsky.social
392 followers 39 following 2.6K posts

Kamaʻāina | Entrepreneur | Investor | Wall St Alum | Former Financial Services Executive

PostsRepliesMedia
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 19h
Not a forecast - if you've read my stuff particularly since Feb (and I hope you have) you know how our flexibility has broadened Still, ragged internals like this can cause trouble Note: a small number of signals is not a small "sample size" - Bayesian statistics consider the contingency table
4203
Kalani o Māui @mauiboymacro.bsky.social · 02/10/2026
End of week cleanse. Happy Aloha Friday everyone. Makena, Maui, Hawaii 🤙🏼
130
Kalani o Māui @mauiboymacro.bsky.social · 25/09/2026
End of week cleanse. Happy Aloha Friday everyone. Kula Sunset, Maui, Hawaii 🤙🏼 *This is a real pic, not AI.
061
Kalani o Māui @mauiboymacro.bsky.social · 18/09/2026
End of week cleanse. Happy Aloha Friday everyone. Kula Moonset, Maui, Hawaii 🤙🏼
010
Kalani o Māui @mauiboymacro.bsky.social · 13/09/2026
With the ‘Fuck Around’ stage in full effect (Saudi oil blockaded), we may be entering the heart of the ‘Find Out’ stage. 👇🏼
011
Kalani o Māui @mauiboymacro.bsky.social · 11/09/2026
End of week cleanse. Happy Aloha Friday everyone. Lanikai Sunrise, O‘ahu, Hawaii 🤙🏼
041
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 08/09/2026
New market comment is up! 🐋 www.hussmanfunds.com/comment/mc26...
hussmanfunds.com
The Road Up and the Road Down are the Very Same Road - Hussman Funds
If you look deeply into a speculative bubble, you can already see the collapse. If you look deeply into a market collapse, you can already see the bull market. The road up and the road down are the ve...
3102
Kalani o Māui @mauiboymacro.bsky.social · 04/09/2026
End of week cleanse. Happy Aloha Friday everyone. Haleʻiwa Sunset, O‘ahu, Hawaii 🤙🏼
040
Reposted by Kalani o Māui
Kalani o Māui @mauiboymacro.bsky.social · 02/09/2026
The chart above captures the Q2 2026 momentum surge. The chart below shows that surge and the violent Q3 give back that followed. 👇🏼
021
Kalani o Māui @mauiboymacro.bsky.social · 28/08/2026
End of week cleanse. Happy Aloha Friday everyone. Olowalu, Maui, Hawaii 🤙🏼
010
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 27/08/2026
We're pleased to announce that we will be providing $1 trillion - yes $1 trillion in financing - to enable people to buy rather expensive chocolate chip cookies that we'll be baking in our kitchen. I believe this is the largest circular chip financing deal ever announced.
141
Kalani o Māui @mauiboymacro.bsky.social · 25/08/2026
“I have spent five decades trading on a simple premise: Mkts aggregate information no committee possesses, and prices are how that information reaches decision makers. The long term Treasury yield is the most important price in the world. It’s also the only fiscal disciplinarian the US has left.” 👇🏼
040
Reposted by Kalani o Māui
Kalani o Māui @mauiboymacro.bsky.social · 24/08/2026
This seems to be the new focus of ‘jawboning’ for this administration, just like “The Strait of Hormuz is open” and “Other countries pay the tariffs”, it’s just another attempt to manipulate to achieve. 👇🏼 The “fake it till you make it” administration.
021
Kalani o Māui @mauiboymacro.bsky.social · 21/08/2026
End of week cleanse. Happy Aloha Friday everyone. Kailua Sunrise, O‘ahu, Hawaii 🤙🏼
040
Reposted by Kalani o Māui
Kalani o Māui @mauiboymacro.bsky.social · 20/08/2026
The term “fiscal QE” just confuses people who don’t understand the difference between the different programs used for intervention and what the Fed does versus what Treasury does. It’s not helpful. What happened yesterday was nothing more than a basic twist operation.
001
Kalani o Māui @mauiboymacro.bsky.social · 20/08/2026
Treasury’s status as a safe haven isn’t fading at all, we just haven’t had a real crisis yet. But it’s coming…
031
Reposted by Kalani o Māui
Mark Dodson @markdodson.bsky.social · 19/08/2026
How optimistic are analysts about future earnings? Forward earnings estimates now sit 50% above the current peak in actual earnings – a record. Even at the extremes of 1987 and 2021, analysts were only looking about 40% above peak earnings.
031
Kalani o Māui @mauiboymacro.bsky.social · 14/08/2026
End of week cleanse. Happy Aloha Friday everyone. Lanikai Sunrise, O‘ahu, Hawaii 🤙🏼
010
Kalani o Māui @mauiboymacro.bsky.social · 12/08/2026
The “Housing Recession” has barely even started. 👇🏼 Be careful out there folks.
121
Reposted by Kalani o Māui
Ed Zitron @edzitron.com · 10/08/2026
A fact not reflected in a single piece about this (it's in the press release from the companies) - this is a memorandum of understanding. The last big hundred-billion sized MOU that NVIDIA "signed" was to invest $100bn in OpenAI to build 10GW of data centers. It never happened!
Memorandums of understanding signed with six of the world’s premier financial institutions to create these partnerships aim to establish the first compute financing platforms of their kind at global scale to enable the AI infrastructure buildout across NVIDIA’s ecosystem, including leading frontier AI labs, enterprises and AI clouds. Under these strategic partnerships, NVIDIA will work with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create dedicated pools of capital at significant scale at attractive rates for NVIDIA customers.
2244478
Reposted by Kalani o Māui
Mark Dodson @markdodson.bsky.social · 10/08/2026
Rydex bears have been endangered since 2022. Long before leveraged ETFs, Rydex funds let traders lever up. This old-school measure of speculative positioning has stayed persistently bullish throughout this bull market. Friday, net long exposure hit a record ~93%.
021
Reposted by Kalani o Māui
Mark Dodson @markdodson.bsky.social · 10/08/2026
"Skew Collapses on Upside Chasing...SPX skew collapsed to a 1-year low across tenors as investors sold out of hedges and rotated into upside calls to chase the rally. SPX 1M skew fell to its lowest level since mid-2024" www.cboe.com/insights/pos...
031
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 09/08/2026
a gentle reminder that y'all out ya minds if you've been reading my comments in recent months, you know we've adapted to the point that a permanently expanding bubble - or a collapse into a ball of flames - would both be just fine with us 🌹♻️🗑️ but still ...
1276
Kalani o Māui @mauiboymacro.bsky.social · 07/08/2026
End of week cleanse. Happy Aloha Friday everyone. Lahaina Sunset, Maui, Hawaii 🤙🏼
030
Kalani o Māui @mauiboymacro.bsky.social · 06/08/2026
Whitney just dropped a bomb over on X and it’s pretty f’ing magnificent. 👇🏼 x.com/totemmacro/s...
020
Kalani o Māui @mauiboymacro.bsky.social · 31/07/2026
End of week cleanse. Happy Aloha Friday everyone. Mākena, Maui, Hawaii 🤙🏼
050
Kalani o Māui @mauiboymacro.bsky.social · 30/07/2026
He was never a “whiz kid”. 👇🏼 Leverage doesn’t make you a genius.
031
Kalani o Māui @mauiboymacro.bsky.social · 30/07/2026
Just a reminder that FORWARD ratios are, in general, hot garbage. Especially at the end of the cycle. This isn’t research, it’s propaganda. 👇🏼
011
Kalani o Māui @mauiboymacro.bsky.social · 30/07/2026
Debt and leverage hide a lot of sins. The mistake investors make is thinking these sins will stay hidden. Exhibit A:
020
Kalani o Māui @mauiboymacro.bsky.social · 27/07/2026
Maybe the economy isn’t as “benign” as most people think? 👇🏼
021
Kalani o Māui @mauiboymacro.bsky.social · 26/07/2026
“The way to wealth in a bull market is debt. The way to oblivion in a bear market is also debt, and nobody rings a bell.” – James Grant That bell that nobody is ringing might not be ringing right now.
021
Kalani o Māui @mauiboymacro.bsky.social · 24/07/2026
End of week cleanse. Happy Aloha Friday everyone. Hana Coast, Maui, Hawaii 🤙🏼
050
Kalani o Māui @mauiboymacro.bsky.social · 23/07/2026
How is it that we’ve entrusted the future of our whole society to a handful of guys who between them (or working together), couldn’t accurately read a social cue?
041
Kalani o Māui @mauiboymacro.bsky.social · 23/07/2026
If you’re rooting for the Fed to raise interest rates here in the middle of an oil shock, then you should also be bearish equities. History doesn’t lie, and it’s rhyming.
000
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 20/07/2026
Investors own two things: 1) a stream of cash flows that will be delivered to their hands in the very long future (in some cases no cash flows at all), with a slope, drawn from current prices, that may or may not be adequate 2) a bag of made from the psychology of other investors
042
Kalani o Māui @mauiboymacro.bsky.social · 19/07/2026
Bob Farrell’s Rule #9 When all the experts and forecasts agree – something else is going to happen. 👇🏼
021
Kalani o Māui @mauiboymacro.bsky.social · 17/07/2026
End of week cleanse. Happy Aloha Friday everyone. Haleakalā Sunrise, Maui, Hawaii 🤙🏼
010
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 17/07/2026
"We have absolute confidence in the Titanic. We believe that the boat is unsinkable." - Philip Franklin, Vice President, White Star Line
2183
Reposted by Kalani o Māui
Carl Quintanilla @carlquintanilla.bsky.social · 16/07/2026
Sade releases the iconic “Diamond Life” LP 42 yrs ago today. “.. They said the tracks were too long and too jazzy,” producer Robin Millar said about early discussions with label execs. “They said, ‘Don’t you know what’s happening? Everything is electronic drums now. Tears for Fears, Depeche Mode.”
1827947
Reposted by Kalani o Māui
John P. Hussman, Ph.D. @hussmanjp.bsky.social · 15/07/2026
New market comment is up! Some banger charts too. Crazy. Mountain, Cliff or Ocean 🏔️ www.hussmanfunds.com/comment/mc26...
hussmanfunds.com
Mountain, Cliff, or Ocean - Hussman Funds
The current level of stock market valuations remains – easily – the most speculative extreme in U.S. financial history, beyond both the 1929 and 2000 extremes. Our baseline estimate is that the S&P 50...
3133
Kalani o Māui @mauiboymacro.bsky.social · 14/07/2026
If data centers are going to be so profitable, why are the builders/developers so eager to offload their ownership stakes? 👇🏼
011
Kalani o Māui @mauiboymacro.bsky.social · 11/07/2026
End of week cleanse. Happy Aloha Friday everyone. Sunset - Wailea , Maui, Hawaii 🤙🏼 *Taken on my iPhone, not AI.
170
Reposted by Kalani o Māui
Ed Zitron @edzitron.com · 08/07/2026
I will say, CNBC having me on and the god damn Drudge Report running the clip suggests that people are starting to reconcile with the scale of this bubble and its potential outcomes. I only wish we hadn't let it get this big.
1575459
Kalani o Māui @mauiboymacro.bsky.social · 03/07/2026
End of week cleanse. Happy Aloha Friday everyone. Polipoli Sunrise, Kula, Maui, Hawaii. Have a great holiday weekend! 🤙🏼
010
Kalani o Māui @mauiboymacro.bsky.social · 03/07/2026
This is a sobering counterpoint to the “rah rah” narrative on generative AI that we’ve all been bombarded with the last couple of years. 👇🏼 Well worth the time it takes to listen.
032
Reposted by Kalani o Māui
Kalani o Māui @mauiboymacro.bsky.social · 02/07/2026
“Psychological projection is an unconscious defense mechanism where a person attributes their own unacceptable thoughts, feelings, or traits onto someone else.”
011
Kalani o Māui @mauiboymacro.bsky.social · 26/06/2026
End of week cleanse. Happy Aloha Friday everyone. Makena Sunset, Maui, Hawaii 🤙🏼
050
Kalani o Māui @mauiboymacro.bsky.social · 26/06/2026
1/3 This chart from FT Alphaville shows the number of stocks among the largest 1,000 U.S. companies (by market cap) with a negative beta to the S&P 500, calculated on trailing 252-day (roughly one-year) daily returns. Basically, it shows the most extreme market concentration in history.
121
Kalani o Māui @mauiboymacro.bsky.social · 24/06/2026
031
Reposted by Kalani o Māui
Kalani o Māui @mauiboymacro.bsky.social · 23/06/2026
This chart is so ridiculous, it’s laughable. Deliberate chart crime. That you continue to share garbage from Duality Research is shameful. For the record, At the end of May, the inflation-adjusted S&P Composite Index is 207% above its long-term trend (over 4 standard deviations). 👇🏼
101