Michael Goldstein
banner
magoldstein.org
Michael Goldstein
@magoldstein.org

Finance Professor/Climate Researcher/Firefighter

Economics 56%
Business 24%

Tonight we hand out candy to healthy kids. Tomorrow we cut food stamps to poor families who cannot afford to eat

Here’s a shout out to the US Coast Guard! The US Coast Guard are risking their lives to rescue people in the Texas floods. Incredibly brave well-trained pilots, rescue swimmers! Thank you Coasties!

An oldie but goodie

George Santos:
one year in the House
Now 7 years in “The Big House”

It snowed last night! April 10-11, 2025

WSJ Greg IP:
“…economic-policy uncertainty at levels seen in … 2001 terrorist attacks, the 2008-09 financial crisis and the onset of the Covid pandemic in 2020. Those were all driven by events beyond U.S. control. This one is man-made, and will wax and wane with that man’s word and actions.”

From WSJ: Stock market performance since Trump election

Seriously what is going on with US aviation?

www.9news.com/article/trav...
www.9news.com

Congratulations! And a great photo
Epic idea

Future historians will mark yesterday as the beginning of the end of the American century

I feel like we owe Dan Quayle an apology. Comparatively he looks like a not bad VP

Embarrassing

Who owns Canvas?

It’s 28 in Dallas? That’s colder than Boston!

Ok. It’s cold everywhere in the US. It’s warmer in Boston (31F) than Dallas Texas (28F).

But Hettinger North Dakota wins(?) at -45F. Not the wind chill but the actual temperature

What is TAD? Like you are a tad bit late?

How do I turn DMs on?

Peggy Noonan was Reagan’s speechwriter. She often says things well that should be said. She comments that many people in the US felt the government went too far, now and before.

www.wsj.com/opinion/gove...
Opinion | Government Keeps Going Too Far
The common thread that ties men on women’s sports teams and Musk’s indiscriminate cutting.
www.wsj.com

Eagles!!

And to think she didn’t see it coming

This is related to my Arctic research on melting sea ice and Arctic shipping and economic activity

www.wsj.com/politics/nat...
See How Russia Is Winning the Race to Dominate the Arctic
Moscow is growing its footprint at the top of the world, working with China—and leaving the U.S. behind.
www.wsj.com

If you want to trace the downward spiral of the United States, today might be a good marker day.

Tariffs? Shoot-Hawley. corporatefinanceinstitute.com/resources/ec....
Smoot-Hawley Tariff Act
The Smoot-Hawley Tariff Act raised around 900 import tariffs by an average of 40% to 60%. Also referred to as the U.S. Tariff Act of 1930
corporatefinanceinstitute.com

AND SO IT BEGINS:“Trump Slaps Tariffs on Mexico, Canada and China in Opening Salvo of Trade War
President Trump said he would impose 25% tariffs on nearly all imports from Canada and Mexico, a 10% tariff on energy products from Canada, and an additional 10% tariff on China, effective Tuesday.” —WSJ
Leopard: I will eat your face

Bank analysts: Our baseline assumes no face-eating

Leopard: Chomp chomp chomp
J.P. Morgan econs on Trump’s latest are “increasingly concerned that the policy mix may tilt into an unintentionally far less business-friendly stance. The sustained 25% tariff on Canada and Mexico set to start this weekend is materially different than the tariff increases built into our baseline.”

Today is Trump Tariff Tax Day!

It’s convenient that it’s the beginning of the month; it makes measuring inflation that much easier.

how much the Trump Tariff Taxes will increase SuperBowl Sunday costs? Guacamole inflation?