Brian Romanchuk
brianromanchuk.bsky.social
Brian Romanchuk
@brianromanchuk.bsky.social
Writes about the economics of the bond market. Live in the Greater Montreal area.
Website: www.bondeconomics.com,
Substack: https://bondeconomics.substack.com/
Latest article on the arcane side effects of a hole in the CPI data.

open.substack.com/pub/bondecon...
Oh No, Missing CPI Data
It appears that the American October Consumer Price Index (CPI) will not be calculated by the Bureau of Labor [sic] Statistics (BLS), courtesy of the now-ended shutdown.
open.substack.com
November 13, 2025 at 7:17 PM
Reposted by Brian Romanchuk
The Doordash index citation is proof that the administration is serious about delivering.
November 12, 2025 at 1:04 AM
These statements bring back vague memories of my electromagnetics courses. Although I did well on them (I probably would have ended up in antenna design in the 1950s), he might have a point. Magnets work. Why? Sorry, you don’t want to go down that Lovecraftian rabbit hole. They just work.
Trump: "Nobody knows what magnets are."
November 10, 2025 at 10:54 PM
Reposted by Brian Romanchuk
November 10, 2025 at 12:00 AM
They should impose this regime on senior management (substitute subordinate for customer) and see how long it lasts.
"Store employees are now required to smile if they are within 10 feet of a shopper.

They also must make eye contact with and wave to or greet the customer.

If they’re within four feet, the employee should ask how the customer’s day is going or if they need help."

🙄 Won't stop the boycott, y'all.
Target is now requiring its employees to smile more
As the holiday season fast approaches, Target is urging its employees to add a little more “jolly” to their work routine.
www.wilx.com
November 9, 2025 at 11:10 AM
Defensive struggle in Saskatchewan, but B.C. just did an impressive drive. 7-1 B.C. lead.
November 9, 2025 at 12:32 AM
There was a critically important Alouettes game, so I am behind on the 50-year mortgage discourse.

The only reason you go into a 50-year mortgage is that you want to bet that future interest rates drop and you can refinance.
November 8, 2025 at 10:55 PM
Those commie pinkos at the *checks notes* WSJ are at it again.
Not sure if these are the Page One headlines WH was going for.

@wsj.com
November 8, 2025 at 9:47 PM
Reposted by Brian Romanchuk
There is, of course, a proper way to celebrate here in Wisconsin:
November 8, 2025 at 2:40 PM
Reposted by Brian Romanchuk
PSA:
If you click on an ad to make a purchase online, your odds go up that you're engaging with a fraudster. Two recent events in our household to point to:
(1) Instagram ad
(2) Google ad

The scammers are getting good at replicating rich websites of legit merchants.
1/3
November 8, 2025 at 9:42 PM
The valiant Montreal Alouettes take on the dubious Hamilton Tiger-Cats to see who gets to represent the East in the Grey Cup. Kick off imminent.

May the better team (spoiler: Montreal) win!
November 8, 2025 at 8:02 PM
Carney taking on American zed imperialism? I need to get out my chequebook to do a political donation.
November 7, 2025 at 8:55 PM
“12 billion here, 12 billion there…” lol, lmao.
ICYMI: Microsoft’s charge “implies a more than $12 billion quarterly loss at OpenAI, said Firoz Valliji, an analyst at Bernstein.”

That “would mark one of the largest single-quarter losses for a tech company in history.”

@jessefelder.bsky.social $MSFT
www.wsj.com/livecoverage...
November 7, 2025 at 7:24 PM
Reposted by Brian Romanchuk
The math of Americans' collective weight loss as a result of GLP-1 price cuts, per Dr. Oz, as calculated by Stephen Colbert:
November 7, 2025 at 4:54 PM
Reposted by Brian Romanchuk
The worsening state of the US labor market.

We talked with @conorsen.bsky.social about the jobs picture, since we don't have a jobs report.

Verdict: Clear signs of deterioration, with risks of rapidly rising unemployment. podcasts.apple.com/us/podcast/l...
Lots More on the Worsening State of the US Labor Market
Podcast Episode · Odd Lots · 11/07/2025 · 22m
podcasts.apple.com
November 7, 2025 at 12:12 PM
Although this is going to be great for generating angry MMTers, it also puts the anti-MMTers in the awkward position of defending this comment.
November 7, 2025 at 2:03 AM
Reposted by Brian Romanchuk
People say heterosexual marriage is an outdated institution but guess whose wife needed questions about the Roman Empire answered yesterday. apnews.com/article/anci...
All roads in ancient Rome stretched far longer than previously known, study shows
As the saying went, all roads once led to Rome — and scientists now say those roads stretched 50% longer than previously known.
apnews.com
November 6, 2025 at 8:44 PM
Latest Article: De-Liberation Day and Other Topics

open.substack.com/pub/bondecon...
De-Liberation Day And Other Topics
Rather than write a few small articles, I am just going to have a single article covering a few threads.
open.substack.com
November 6, 2025 at 6:45 PM
Reposted by Brian Romanchuk
Well, I’m certainly not willing to commit to a government backstop for someone who can’t even backstop their own comments
November 6, 2025 at 1:10 PM
Reposted by Brian Romanchuk
Strange Tales 72, 1959. Art by Jack Kirby and Steve Ditko.
November 6, 2025 at 12:46 PM
Reposted by Brian Romanchuk
Every European that has a reasonable claim to have proven 1+1 =2 (Peano, Dedekind, Frege) was bearded and every Englishman with that claim (Russell, Whitehead) was clean shaven.
November 6, 2025 at 2:09 AM
Reposted by Brian Romanchuk
tired: lender of last resort

wired: sucker of first resort
November 6, 2025 at 1:52 AM
Reposted by Brian Romanchuk
We only rate dogs. This is spaghetti con salsiccia. Obviously has the noodles and the sausage, but is notably missing sauce. Please only send dogs. Thank you… 13/10 (IG: futrinka_tacsko)
November 5, 2025 at 9:57 PM
Take that libs - Trump is still setting records.
It's day 36 of the shutdown, which makes it the longest in U.S. history. The 2019 shutdown lasted 35 days and the slowdown at airports was the tipping point.

I wouldn't be surprised if the airports are what end it in 2025 too, but it's still unclear which side might blink first.
November 5, 2025 at 9:51 PM
Not only is there no 30 cent coke, almost all of these posted prices are too high for McDonald’s prices in 1974. What would cost $9.50 - a family meal?

This AI sloppiness is accelerating the Butlerian Jihad.
mmmm my favorite mcdonald’s food, Dore, Caprer, and a side of Cchinges
November 5, 2025 at 9:49 PM