Steve A
@blueskyeconomics.bsky.social
Centrist economist with a global view but a micro focus.
Ideology is blinding. Stop Bluesky from becoming just another echo chamber.
Ideology is blinding. Stop Bluesky from becoming just another echo chamber.
Reposted by Steve A
This is the problem with electing an administration of too-online edgelords instead of people who actually want to govern. You can’t just “sh—post” your way to a deal with China
April 16, 2025 at 6:47 PM
This is the problem with electing an administration of too-online edgelords instead of people who actually want to govern. You can’t just “sh—post” your way to a deal with China
I’m surprised this hasn’t been wiped from the Senate site yet. www.senate.gov/artandhistor...
U.S. Senate: The Senate Passes the Smoot-Hawley Tariff
1921: The Senate Passes the Smoot-Hawley Tariff
www.senate.gov
April 7, 2025 at 12:47 PM
I’m surprised this hasn’t been wiped from the Senate site yet. www.senate.gov/artandhistor...
It isn't hard to see the difference between Tesla and other extreme PE ratio stocks. Tesla was already post-growth, even last year. And in 2025, vehicle numbers are down 11% in the US, 49% in China and 45% in Europe. Holding TSLA isn't much different to holding $TRUMP now.
March 14, 2025 at 1:41 AM
It isn't hard to see the difference between Tesla and other extreme PE ratio stocks. Tesla was already post-growth, even last year. And in 2025, vehicle numbers are down 11% in the US, 49% in China and 45% in Europe. Holding TSLA isn't much different to holding $TRUMP now.
"SpaceX later confirmed that the spacecraft experienced “a rapid unscheduled disassembly”". That is Elon's special skill.
www.newsnationnow.com
March 7, 2025 at 6:13 AM
"SpaceX later confirmed that the spacecraft experienced “a rapid unscheduled disassembly”". That is Elon's special skill.
Reposted by Steve A
Here are the imports from Mexico & Canada that will be hit the hardest by the 25% tariffs.
From Mexico: transport equipment, fruits & vegetables, electronics, & machinery
From Canada: wood products, metals, fuels, food products, & transport equipment
Learn more: www.piie.com/research/pii...
From Mexico: transport equipment, fruits & vegetables, electronics, & machinery
From Canada: wood products, metals, fuels, food products, & transport equipment
Learn more: www.piie.com/research/pii...
March 4, 2025 at 8:46 PM
Here are the imports from Mexico & Canada that will be hit the hardest by the 25% tariffs.
From Mexico: transport equipment, fruits & vegetables, electronics, & machinery
From Canada: wood products, metals, fuels, food products, & transport equipment
Learn more: www.piie.com/research/pii...
From Mexico: transport equipment, fruits & vegetables, electronics, & machinery
From Canada: wood products, metals, fuels, food products, & transport equipment
Learn more: www.piie.com/research/pii...
Reposted by Steve A
If other countries put high tariffs on American goods, then we would impose high tariffs on their goods, reciprocally.
So much for American sovereignty. So much for deciding what’s in our own national interest.
So much for American sovereignty. So much for deciding what’s in our own national interest.
Opinion | ‘Reciprocal’ Tariffs Make No Sense
How is it in America’s national interest to let other countries decide what duties we pay?
www.wsj.com
March 5, 2025 at 3:00 AM
If other countries put high tariffs on American goods, then we would impose high tariffs on their goods, reciprocally.
So much for American sovereignty. So much for deciding what’s in our own national interest.
So much for American sovereignty. So much for deciding what’s in our own national interest.
"Lumber futures surged above $650 per thousand board feet in March, the highest in two-and-a-half years, after US President Trump imposed a 25% tariff on Canadian goods"
Lumber - Price - Chart - Historical Data - News
Lumber increased 108.66 USD/1000 board feet or 19.76% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber -...
tradingeconomics.com
March 5, 2025 at 3:55 AM
"Lumber futures surged above $650 per thousand board feet in March, the highest in two-and-a-half years, after US President Trump imposed a 25% tariff on Canadian goods"
Canada and Mexico, combined, provide 9 times as much fuel to the US as the next highest country and 11 times as much raw materials as the next highest country. For both, the next highest source is Saudi Arabia, hardly a convenient source but one that now seems far more politically aligned.
March 4, 2025 at 6:51 AM
Canada and Mexico, combined, provide 9 times as much fuel to the US as the next highest country and 11 times as much raw materials as the next highest country. For both, the next highest source is Saudi Arabia, hardly a convenient source but one that now seems far more politically aligned.
Of the 269 stocks with a market cap over $50b, Tesla is the worst performing over the last month.
March 3, 2025 at 11:55 PM
Of the 269 stocks with a market cap over $50b, Tesla is the worst performing over the last month.
This was three days before the Russian invasion in 2022. Did we really expect yesterday to end well with this man in the room?
GOP Senate candidate JD Vance said he doesn't 'really care what happens to Ukraine'
"I do care about the fact that in my community right now the leading cause of death among 18-45-year-olds is Mexican fentanyl," Vance said.
www.businessinsider.com
March 1, 2025 at 9:50 AM
This was three days before the Russian invasion in 2022. Did we really expect yesterday to end well with this man in the room?
This is absolutely not what Trump is telling the world it would be (that’s a good thing).
Full text of the Ukraine-US Minerals Deal.
1. Seems fine (an investment and reconstruction fund);
2. Has no resemblance to what the Trump administration has been saying about it;
3. Can't tell if Ukraine is good at diplomacy, or Trump bad at it.
www.eurointegration.com.ua/eng/articles...
1. Seems fine (an investment and reconstruction fund);
2. Has no resemblance to what the Trump administration has been saying about it;
3. Can't tell if Ukraine is good at diplomacy, or Trump bad at it.
www.eurointegration.com.ua/eng/articles...
The full text of the “Minerals Deal”, agreed by Ukraine and the United States
European Pravda publishes the final text of the “Minerals Deal,” an intergovernmental arrangement that Ukraine and the United States are set to sign this week...
www.eurointegration.com.ua
February 28, 2025 at 12:19 PM
This is absolutely not what Trump is telling the world it would be (that’s a good thing).
Tesla was once a symbol of global, forward-thinking ideals. Tesla's core products no longer fits with the ideology Musk is promoting. How long until a fire sale?
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
The electric-car maker’s stock has had a bumpy ride since the victory of President Trump, who has given Tesla’s chief, Elon Musk, a role in Washington.
www.nytimes.com
February 26, 2025 at 12:43 AM
Tesla was once a symbol of global, forward-thinking ideals. Tesla's core products no longer fits with the ideology Musk is promoting. How long until a fire sale?
One of the more balanced things you’ll read at the moment. No left or right wing hysteria in sight.
He’s Spent Years Watching Silicon Valley Take Companies Apart. He Has a Warning for DC.
A tech insider speaks about Elon Musk’s playbook for DOGE.
www.politico.com
February 19, 2025 at 11:41 AM
One of the more balanced things you’ll read at the moment. No left or right wing hysteria in sight.