Folks like Stephen Miller and Matt Walsh have figured out that NYC has a lot of immigrants, and they apparently think that’s somehow bad or un-American.
"Their insinuation that this is something new is, however, ridiculous." - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"Their insinuation that this is something new is, however, ridiculous." - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
July 7, 2025 at 3:24 PM
Folks like Stephen Miller and Matt Walsh have figured out that NYC has a lot of immigrants, and they apparently think that’s somehow bad or un-American.
"Their insinuation that this is something new is, however, ridiculous." - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"Their insinuation that this is something new is, however, ridiculous." - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"These are uncertain economic times. You don’t have to take my word for it. The Economic Policy Uncertainty Index says so:"
@byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
@byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
April 17, 2025 at 8:26 PM
"These are uncertain economic times. You don’t have to take my word for it. The Economic Policy Uncertainty Index says so:"
@byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
@byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"We have two classes of forecasters: Those who don't know--and those who don't know they don't know." --John Kenneth Galbraith (h/t Howard Marks)
April 14, 2025 at 3:06 PM
"We have two classes of forecasters: Those who don't know--and those who don't know they don't know." --John Kenneth Galbraith (h/t Howard Marks)
The dollar index is now flat on the day. 👏
April 14, 2025 at 1:36 PM
The dollar index is now flat on the day. 👏
Forget stock futures, this is what matters 👇
Dollar Extends Drop to Fresh 2025 Lows as Tariff Saga Rolls On
Dollar Extends Drop to Fresh 2025 Lows as Tariff Saga Rolls On
April 14, 2025 at 1:57 AM
Forget stock futures, this is what matters 👇
Dollar Extends Drop to Fresh 2025 Lows as Tariff Saga Rolls On
Dollar Extends Drop to Fresh 2025 Lows as Tariff Saga Rolls On
April 9, 2025 at 1:19 PM
“History tells us that we lean into these periods of uncertainty” — Walmart’s Rainey
April 9, 2025 at 11:49 AM
“History tells us that we lean into these periods of uncertainty” — Walmart’s Rainey
His name-calling game is getting worse under pressure. PANICAN?
April 7, 2025 at 1:02 PM
His name-calling game is getting worse under pressure. PANICAN?
Lutnick on Face the Nation is still talking about securing critical supply chains for medicine/defense/semiconductors. Fine.
But why again are we tariffing textiles and toys?
But why again are we tariffing textiles and toys?
April 6, 2025 at 3:15 PM
Lutnick on Face the Nation is still talking about securing critical supply chains for medicine/defense/semiconductors. Fine.
But why again are we tariffing textiles and toys?
But why again are we tariffing textiles and toys?
Bessent on Meet the Press showing he's still on level 2 thinking...
April 6, 2025 at 2:32 PM
Bessent on Meet the Press showing he's still on level 2 thinking...
Bessent 2/5: Trump just wants lower 10-year yields "He is not calling for the Fed to lower rates," Bessent said on Fox Business
Trump on 4/4: "CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!"
Trump on 4/4: "CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!"
April 4, 2025 at 3:28 PM
Bessent 2/5: Trump just wants lower 10-year yields "He is not calling for the Fed to lower rates," Bessent said on Fox Business
Trump on 4/4: "CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!"
Trump on 4/4: "CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!"
Hard to see a link b/w tariff revenue and prosperity.
Peter Navarro's goal of $700b in tariff revenue "would put the US between Senegal and Mongolia" in terms of customs revenue relative to GDP - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
Peter Navarro's goal of $700b in tariff revenue "would put the US between Senegal and Mongolia" in terms of customs revenue relative to GDP - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
April 2, 2025 at 1:05 PM
Hard to see a link b/w tariff revenue and prosperity.
Peter Navarro's goal of $700b in tariff revenue "would put the US between Senegal and Mongolia" in terms of customs revenue relative to GDP - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
Peter Navarro's goal of $700b in tariff revenue "would put the US between Senegal and Mongolia" in terms of customs revenue relative to GDP - @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
Navarro says tariffs will raise $700b a year, which would be 2.4% of GDP.
"Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s." @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s." @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
April 2, 2025 at 12:58 PM
Navarro says tariffs will raise $700b a year, which would be 2.4% of GDP.
"Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s." @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
"Tariff revenue hasn’t surpassed 2% of GDP since the early 1870s, and hasn’t surpassed it on a sustained basis since the 1820s and 1830s." @byjustinfox.bsky.social
www.bloomberg.com/opinion/arti...
March 30, 2025 at 9:14 PM
"Extreme angst over trade has had substantially no impact on stocks" @johnauthers.bsky.social
www.bloomberg.com/opinion/news...
www.bloomberg.com/opinion/news...
March 28, 2025 at 11:44 AM
"Extreme angst over trade has had substantially no impact on stocks" @johnauthers.bsky.social
www.bloomberg.com/opinion/news...
www.bloomberg.com/opinion/news...
"...nothing could have prepared us for the breadth or intensity of the assault on climate action that Trump has unleashed during his first months back in office."
Eye-opening graphics from @markgongloff.bsky.social & Elaine He
www.bloomberg.com/opinion/feat...
Eye-opening graphics from @markgongloff.bsky.social & Elaine He
www.bloomberg.com/opinion/feat...
March 26, 2025 at 1:02 PM
"...nothing could have prepared us for the breadth or intensity of the assault on climate action that Trump has unleashed during his first months back in office."
Eye-opening graphics from @markgongloff.bsky.social & Elaine He
www.bloomberg.com/opinion/feat...
Eye-opening graphics from @markgongloff.bsky.social & Elaine He
www.bloomberg.com/opinion/feat...
Feels like ages since I had a reason to look at Value-to-Fear (ratio of S&P 500 forward P/E to VIX), but here it is:
It's down from nosebleed levels in December, but it's hardly screaming "the bottom is in" 🤷♂️
It's down from nosebleed levels in December, but it's hardly screaming "the bottom is in" 🤷♂️
March 18, 2025 at 3:42 PM
Feels like ages since I had a reason to look at Value-to-Fear (ratio of S&P 500 forward P/E to VIX), but here it is:
It's down from nosebleed levels in December, but it's hardly screaming "the bottom is in" 🤷♂️
It's down from nosebleed levels in December, but it's hardly screaming "the bottom is in" 🤷♂️
Mainstream media is the backbone of X's "Community Notes"
Eye-opening dataviz column from @davelee.me
www.bloomberg.com/opinion/feat...
Eye-opening dataviz column from @davelee.me
www.bloomberg.com/opinion/feat...
March 18, 2025 at 12:57 PM
Mainstream media is the backbone of X's "Community Notes"
Eye-opening dataviz column from @davelee.me
www.bloomberg.com/opinion/feat...
Eye-opening dataviz column from @davelee.me
www.bloomberg.com/opinion/feat...
Chicago Fed’s -0.8% m/m on retail ex-auto would come out to -0.9% adjusting for inflation.
March 17, 2025 at 11:27 AM
Chicago Fed’s -0.8% m/m on retail ex-auto would come out to -0.9% adjusting for inflation.
It's Retail Sales Day!
Tension today between the Chicago Fed tracker and the Bloomberg economist survey 🤔
Bloomberg survey: +0.6% m/m and +0.3% ex-auto
Chicago Fed CARTS: -0.8% m/m ex-auto
www.chicagofed.org/research/dat...
Tension today between the Chicago Fed tracker and the Bloomberg economist survey 🤔
Bloomberg survey: +0.6% m/m and +0.3% ex-auto
Chicago Fed CARTS: -0.8% m/m ex-auto
www.chicagofed.org/research/dat...
March 17, 2025 at 11:27 AM
It's Retail Sales Day!
Tension today between the Chicago Fed tracker and the Bloomberg economist survey 🤔
Bloomberg survey: +0.6% m/m and +0.3% ex-auto
Chicago Fed CARTS: -0.8% m/m ex-auto
www.chicagofed.org/research/dat...
Tension today between the Chicago Fed tracker and the Bloomberg economist survey 🤔
Bloomberg survey: +0.6% m/m and +0.3% ex-auto
Chicago Fed CARTS: -0.8% m/m ex-auto
www.chicagofed.org/research/dat...
US Consumer Sentiment Drops, Price Expectations Soar on Tariffs - BN
UMich consumer sentiment by political affiliation 👇
UMich consumer sentiment by political affiliation 👇
March 14, 2025 at 2:13 PM
US Consumer Sentiment Drops, Price Expectations Soar on Tariffs - BN
UMich consumer sentiment by political affiliation 👇
UMich consumer sentiment by political affiliation 👇
Goldman's Kostin cut his S&P 500 target from 6,500 to 6,200. Here's @johnauthers.bsky.social with more:
"The likelihood is that other strategists will follow, and that this will dent sentiment further. And the bottom line remains the direction of the economy."
www.bloomberg.com/opinion/arti...
"The likelihood is that other strategists will follow, and that this will dent sentiment further. And the bottom line remains the direction of the economy."
www.bloomberg.com/opinion/arti...
March 14, 2025 at 11:52 AM
Goldman's Kostin cut his S&P 500 target from 6,500 to 6,200. Here's @johnauthers.bsky.social with more:
"The likelihood is that other strategists will follow, and that this will dent sentiment further. And the bottom line remains the direction of the economy."
www.bloomberg.com/opinion/arti...
"The likelihood is that other strategists will follow, and that this will dent sentiment further. And the bottom line remains the direction of the economy."
www.bloomberg.com/opinion/arti...
The rock keeps beating stocks @mikemcglone.bsky.social
March 13, 2025 at 5:18 PM
The rock keeps beating stocks @mikemcglone.bsky.social
PPI components for PCE via Bloomberg
March 13, 2025 at 12:35 PM
PPI components for PCE via Bloomberg