Macro Mike
@middaymacro.bsky.social
Mainly focused on markets, policy, and the economy. Macro Strategist
Reposted by Macro Mike
Wait’ll you see insurance premiums.
Average electricity cost increase since Jan:
Missouri ⬆️ 37%
Iowa ⬆️ 30%
North Dakota ⬆️ 30%
Oklahoma ⬆️ 30%
New Jersey ⬆️ 27%
Nebraska ⬆️ 25%
Montana ⬆️ 25%
Wyoming ⬆️ 23%
NATIONWIDE ⬆️ 11%
Instead of working to lower costs, Trump is boosting power-hungry AI data centers.
Missouri ⬆️ 37%
Iowa ⬆️ 30%
North Dakota ⬆️ 30%
Oklahoma ⬆️ 30%
New Jersey ⬆️ 27%
Nebraska ⬆️ 25%
Montana ⬆️ 25%
Wyoming ⬆️ 23%
NATIONWIDE ⬆️ 11%
Instead of working to lower costs, Trump is boosting power-hungry AI data centers.
November 25, 2025 at 9:30 PM
Wait’ll you see insurance premiums.
Reposted by Macro Mike
Crude oil is down 19.2% from last year.
A gallon of retail gasoline? Down 2 cents. ⛽️
A gallon of retail gasoline? Down 2 cents. ⛽️
November 25, 2025 at 9:22 PM
Crude oil is down 19.2% from last year.
A gallon of retail gasoline? Down 2 cents. ⛽️
A gallon of retail gasoline? Down 2 cents. ⛽️
Reposted by Macro Mike
In the old days, this would be called treason: Witkoff giving a Putin aide advice on how his boss can lure Trump into a Russia-friendly peace deal
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Witkoff Discusses Ukraine Plans With Key Putin Aide: Transcript
The following is a transcript of an Oct. 14 phone call lasting just over 5 minutes between Steve Witkoff, Donald Trump’s special envoy for peace missions, and Yuri Ushakov, Vladimir Putin’s most senio...
www.bloomberg.com
November 25, 2025 at 9:11 PM
In the old days, this would be called treason: Witkoff giving a Putin aide advice on how his boss can lure Trump into a Russia-friendly peace deal
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Macro Mike
Trump aide seems very interested in doing right by the Russians.
November 25, 2025 at 8:54 PM
Trump aide seems very interested in doing right by the Russians.
Reposted by Macro Mike
News coverage of DOGE’s creation earlier this year was practically wall-to-wall — for weeks. “$2 trillion in savings, $5000 dividend checks, an entirely new model of government.” And now that it’s gone, it’s like eh.
@techcrunch.com
techcrunch.com/2025/11/24/d...
@techcrunch.com
techcrunch.com/2025/11/24/d...
DOGE days are over as Trump disbands Elon Musk's team of federal cost-cutters | TechCrunch
DOGE members are reportedly worried that they could face prosecution for some of their activities conducted while under the leadership of Elon Musk.
techcrunch.com
November 24, 2025 at 5:27 PM
News coverage of DOGE’s creation earlier this year was practically wall-to-wall — for weeks. “$2 trillion in savings, $5000 dividend checks, an entirely new model of government.” And now that it’s gone, it’s like eh.
@techcrunch.com
techcrunch.com/2025/11/24/d...
@techcrunch.com
techcrunch.com/2025/11/24/d...
Reposted by Macro Mike
“.. This is X in 2025: Potentially fake accounts crying at other potentially fake accounts that they aren’t real, all while refusing to acknowledge that they themselves aren’t who they say they are — a Russian nesting doll of bullshit.”
@cwarzel.bsky.social
www.theatlantic.com/technology/2...
@cwarzel.bsky.social
www.theatlantic.com/technology/2...
November 25, 2025 at 1:21 AM
“.. This is X in 2025: Potentially fake accounts crying at other potentially fake accounts that they aren’t real, all while refusing to acknowledge that they themselves aren’t who they say they are — a Russian nesting doll of bullshit.”
@cwarzel.bsky.social
www.theatlantic.com/technology/2...
@cwarzel.bsky.social
www.theatlantic.com/technology/2...
Reposted by Macro Mike
“.. Durable goods prices in particular are behaving very differently in 2025 year-to-date than in 2023 or 2024.”
#Liberated 🇺🇸
- @ernietedeschi.bsky.social
#Liberated 🇺🇸
- @ernietedeschi.bsky.social
November 23, 2025 at 9:01 PM
“.. Durable goods prices in particular are behaving very differently in 2025 year-to-date than in 2023 or 2024.”
#Liberated 🇺🇸
- @ernietedeschi.bsky.social
#Liberated 🇺🇸
- @ernietedeschi.bsky.social
Reposted by Macro Mike
Very very hard to see the hawks winning out with Williams and Daly both explicitly calling for a Dec cut. Based on Waller's comments this AM my guess is Powell cut a deal: we back this cut, but nothing more. More guessing: Waller agreed, and will shop his ability to cut that deal to the White House.
Exclusive | Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market
The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell.
www.wsj.com
November 24, 2025 at 7:59 PM
Very very hard to see the hawks winning out with Williams and Daly both explicitly calling for a Dec cut. Based on Waller's comments this AM my guess is Powell cut a deal: we back this cut, but nothing more. More guessing: Waller agreed, and will shop his ability to cut that deal to the White House.
Reposted by Macro Mike
PUNCHBOWL: “.. GOP members messaged us over the weekend saying that they, too, are considering retiring in the middle of the term. Here’s one particularly exercised senior House Republican:
@punchbowlnews.bsky.social
@punchbowlnews.bsky.social
November 24, 2025 at 3:37 PM
PUNCHBOWL: “.. GOP members messaged us over the weekend saying that they, too, are considering retiring in the middle of the term. Here’s one particularly exercised senior House Republican:
@punchbowlnews.bsky.social
@punchbowlnews.bsky.social
Reposted by Macro Mike
BofA: Y/y higher income total card spending growth (+2.1%)
outpaced lower income (0.0%) in the week ending Nov 1
outpaced lower income (0.0%) in the week ending Nov 1
November 24, 2025 at 12:26 PM
BofA: Y/y higher income total card spending growth (+2.1%)
outpaced lower income (0.0%) in the week ending Nov 1
outpaced lower income (0.0%) in the week ending Nov 1
Reposted by Macro Mike
The paradox of Mag 7 trading as a unit — when they’re actually in fierce competition:
For instance, Gemini 3 is “widely viewed as the most capable AI model yet,” but it’s trained entirely on Google’s own TPUs, rather than Nvidia GPUs ..”
@johnauthers.bsky.social $GOOGL
For instance, Gemini 3 is “widely viewed as the most capable AI model yet,” but it’s trained entirely on Google’s own TPUs, rather than Nvidia GPUs ..”
@johnauthers.bsky.social $GOOGL
November 24, 2025 at 11:57 AM
The paradox of Mag 7 trading as a unit — when they’re actually in fierce competition:
For instance, Gemini 3 is “widely viewed as the most capable AI model yet,” but it’s trained entirely on Google’s own TPUs, rather than Nvidia GPUs ..”
@johnauthers.bsky.social $GOOGL
For instance, Gemini 3 is “widely viewed as the most capable AI model yet,” but it’s trained entirely on Google’s own TPUs, rather than Nvidia GPUs ..”
@johnauthers.bsky.social $GOOGL
Reposted by Macro Mike
Russia's oil and gas revenue may fall in November by 35%, Reuters calculations show reut.rs/489GCIV
Russia's oil and gas revenue may fall in November by 35%, Reuters calculations show
Russian state oil and gas revenue may fall in November by around 35% from the corresponding month in 2024 to 520 billion roubles ($6.59 billion) due to cheaper oil and a stronger local currency, Reuters calculations showed on Monday.
reut.rs
November 24, 2025 at 12:00 PM
Russia's oil and gas revenue may fall in November by 35%, Reuters calculations show reut.rs/489GCIV
Reposted by Macro Mike
Any speculator who bought Trump’s memecoin at its peak after it was announced inauguration weekend would have lost almost the entire value of their investment by this month.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Crypto Crash Is Eroding Wealth for Trump’s Family and Followers
In President Donald Trump’s second term, crypto assets transformed his family’s wealth. Now the Trumps — and their followers — are getting a crash course in the wild volatility ingrained in digital cu...
www.bloomberg.com
November 23, 2025 at 9:42 PM
Any speculator who bought Trump’s memecoin at its peak after it was announced inauguration weekend would have lost almost the entire value of their investment by this month.
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Reposted by Macro Mike
"The operation has prompted reflection from residents across the political spectrum, who wonder whether the aggressive tactics were worth it...."
www.nytimes.com/2025/11/22/u...
www.nytimes.com/2025/11/22/u...
November 23, 2025 at 9:43 PM
"The operation has prompted reflection from residents across the political spectrum, who wonder whether the aggressive tactics were worth it...."
www.nytimes.com/2025/11/22/u...
www.nytimes.com/2025/11/22/u...
Reposted by Macro Mike
Earlier this year, the United States deported 252 Venezuelans to El Salvador and paid its government to imprison them. Now two human-rights organizations have found that all of those men were physically abused, Conor Friedersdorf writes:
What the Deported Venezuelans Went Through in El Salvador
Forty men sent to El Salvador by the Trump administration have shared disturbing accounts of abuse by a regime that America paid to imprison them.
bit.ly
November 23, 2025 at 9:15 PM
Earlier this year, the United States deported 252 Venezuelans to El Salvador and paid its government to imprison them. Now two human-rights organizations have found that all of those men were physically abused, Conor Friedersdorf writes:
Reposted by Macro Mike
Reminder: It’s really not normal for a senior DOJ official to publicly confirm that DOJ is getting ready to indict someone!
(Not to mention that Mizelle no longer works at DOJ — how exactly does he know “of what he speaks”?)
(Not to mention that Mizelle no longer works at DOJ — how exactly does he know “of what he speaks”?)
November 23, 2025 at 8:49 PM
Reminder: It’s really not normal for a senior DOJ official to publicly confirm that DOJ is getting ready to indict someone!
(Not to mention that Mizelle no longer works at DOJ — how exactly does he know “of what he speaks”?)
(Not to mention that Mizelle no longer works at DOJ — how exactly does he know “of what he speaks”?)
Reposted by Macro Mike
For Dan Kluver, there were signs that something wasn’t right — letters about wages earned in unfamiliar towns and collection notices for debt that wasn’t his. Then it became clear that someone was impersonating him. His case was one version of a problem that’s been spreading in the U.S. for years.
One Undocumented Worker Used a Stolen Identity. Two Men Paid the Price.
Thousands of undocumented workers rely on fraudulent Social Security numbers. One of them belonged to Dan Kluver.
nyti.ms
November 23, 2025 at 7:53 PM
For Dan Kluver, there were signs that something wasn’t right — letters about wages earned in unfamiliar towns and collection notices for debt that wasn’t his. Then it became clear that someone was impersonating him. His case was one version of a problem that’s been spreading in the U.S. for years.
Reposted by Macro Mike
The G20 closed in Johannesburg without a ceremonial hand over to the U.S., its next chair, after Washington boycotted the summit. n.pr/3Kdk7L9
G20 summit closes in South Africa after U.S. absence
The G20 closed in Johannesburg without a ceremonial hand over to the U.S., its next chair, after Washington boycotted the summit.
n.pr
November 23, 2025 at 7:49 PM
The G20 closed in Johannesburg without a ceremonial hand over to the U.S., its next chair, after Washington boycotted the summit. n.pr/3Kdk7L9
Reposted by Macro Mike
You know who contributes billions to the economy? Immigrants. You know who doesn’t? Immigrants too scared to leave their homes (via Bloomberg Opinion)
Defending Masked Immigration Agents Is a Losing Battle
California passed a pair of laws that would prohibit immigration agents from wearing masks or hiding their identities while detaining people they suspect of being undocumented immigrants. It didn’t take long for the Trump administration to not only sue, but to refuse to comply.
bloom.bg
November 23, 2025 at 7:30 PM
You know who contributes billions to the economy? Immigrants. You know who doesn’t? Immigrants too scared to leave their homes (via Bloomberg Opinion)
Reposted by Macro Mike
Retail Sales, PPI (Sept) Tuesday
Claims, Durable Goods, Beige Book Weds (full session)
Half-day Friday
Claims, Durable Goods, Beige Book Weds (full session)
Half-day Friday
November 23, 2025 at 6:44 PM
Retail Sales, PPI (Sept) Tuesday
Claims, Durable Goods, Beige Book Weds (full session)
Half-day Friday
Claims, Durable Goods, Beige Book Weds (full session)
Half-day Friday
Reposted by Macro Mike
Twitter pays people based on engagement (views, retweets, comments, etc). It appears that many MAGA accounts are based abroad and they use AI technology to generate low-effort rage bait.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
November 23, 2025 at 9:23 AM
Twitter pays people based on engagement (views, retweets, comments, etc). It appears that many MAGA accounts are based abroad and they use AI technology to generate low-effort rage bait.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
My guess is that this will get worse as AI tech improves. For instance, fake videos of minorities doing crime.
Reposted by Macro Mike
It’s hilarious and revelatory that a bunch of giant MAGA/America First X accounts are actually based in Eastern Europe and Nigeria.
Top MAGA Influencers Accidentally Unmasked as Foreign Actors
A new feature on Elon Musk’s X has given deeper insight into the online “America First” movement.
www.thedailybeast.com
November 23, 2025 at 3:07 PM
It’s hilarious and revelatory that a bunch of giant MAGA/America First X accounts are actually based in Eastern Europe and Nigeria.
Reposted by Macro Mike
American taxpayers get bill for protecting the FBI boss's girlfriend: "All of this comes at a time of potentially deep cuts to the F.B.I.’s budget." Via NYT
Patel Under Scrutiny for Use of SWAT Teams to Protect His Girlfriend
www.nytimes.com
November 23, 2025 at 3:18 PM
American taxpayers get bill for protecting the FBI boss's girlfriend: "All of this comes at a time of potentially deep cuts to the F.B.I.’s budget." Via NYT
Who’s the magician?
Thomas Massie says the FBI is sitting on information that implicates 20 other men in Epstein's child sex trafficking operation
They include a rockstar, six billionaires (including one from Canada), a high-profile government official, a very prominent banker, and a magician
They include a rockstar, six billionaires (including one from Canada), a high-profile government official, a very prominent banker, and a magician
November 23, 2025 at 4:53 AM
Who’s the magician?