Steven McNabb
@stevenmcnabb.bsky.social
Well intentioned and still learning. He/him
CFP® professional and CFA® Charterholder.
CFP® professional and CFA® Charterholder.
Reposted by Steven McNabb
GOLDMAN DESK: “.. consensus expectations are calling for notable y/y accelerations in EPS growth everywhere outside of TMT (the NDX) …. is this likely to play out? …. does $MU’s print serve as a reminder of the beat/raise potential in Tech?”
December 23, 2025 at 11:44 AM
GOLDMAN DESK: “.. consensus expectations are calling for notable y/y accelerations in EPS growth everywhere outside of TMT (the NDX) …. is this likely to play out? …. does $MU’s print serve as a reminder of the beat/raise potential in Tech?”
Reposted by Steven McNabb
The full spiked 60 Minutes CECOT package, clean & subtitled. 1/5
December 23, 2025 at 1:28 AM
The full spiked 60 Minutes CECOT package, clean & subtitled. 1/5
Reposted by Steven McNabb
This where we are:
On Thursday Trump made a multi billion dollar PERSONAL bet on a competing energy source and Monday he straight attempted to cancel potential competition.
It's incredible how inured the world has become to his naked corruption.
On Thursday Trump made a multi billion dollar PERSONAL bet on a competing energy source and Monday he straight attempted to cancel potential competition.
It's incredible how inured the world has become to his naked corruption.
December 22, 2025 at 6:27 PM
This where we are:
On Thursday Trump made a multi billion dollar PERSONAL bet on a competing energy source and Monday he straight attempted to cancel potential competition.
It's incredible how inured the world has become to his naked corruption.
On Thursday Trump made a multi billion dollar PERSONAL bet on a competing energy source and Monday he straight attempted to cancel potential competition.
It's incredible how inured the world has become to his naked corruption.
Reposted by Steven McNabb
Refusing to take sides in a 'fight over bigotry' is tantamount to taking sides.
This is NYT headline morning after JD’s grotesque hot blast of white supremacist nativism at Turning Point’s hate-fest?!
December 22, 2025 at 2:20 PM
Refusing to take sides in a 'fight over bigotry' is tantamount to taking sides.
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Per NY Times’s Michael Grynbaum on X, this is Sharyn Alfonsi’s email to her “60 Minutes” colleagues in full:
December 22, 2025 at 3:37 AM
Per NY Times’s Michael Grynbaum on X, this is Sharyn Alfonsi’s email to her “60 Minutes” colleagues in full:
Reposted by Steven McNabb
Yes, it’s entirely true that many of the migrants who came under the Biden admin did not have housing arranged for them when they arrived and so ended up in homeless shelters at first, at times for months, while they got on their feet. This is 100% true, not an anti-immigrant gotcha, just the facts.
The faction of the the left that lives for harassment is just slamming Matt for this, but he’s correct and this has been considered for years a major cause of the recent homelessness spike. Watching people maliciously misread his very short tweet and call him a “Nazi” is something else.
Homelessness increased primarily because of immigration (lots of people came to the US without setting up housing).
December 21, 2025 at 4:46 PM
Yes, it’s entirely true that many of the migrants who came under the Biden admin did not have housing arranged for them when they arrived and so ended up in homeless shelters at first, at times for months, while they got on their feet. This is 100% true, not an anti-immigrant gotcha, just the facts.
Reposted by Steven McNabb
Sometimes the scroll is startlingly on point.
December 22, 2025 at 12:36 AM
Sometimes the scroll is startlingly on point.
Reposted by Steven McNabb
Even Hegseth is still Secretary of Defense! Congress hasn’t renamed DOD.
December 21, 2025 at 1:07 AM
Even Hegseth is still Secretary of Defense! Congress hasn’t renamed DOD.
Reposted by Steven McNabb
Sixers vs Knicks box at the half.
December 20, 2025 at 1:19 AM
Sixers vs Knicks box at the half.
Reposted by Steven McNabb
Cyclical strength driving Russell 2000 gains, amid falling rea l yields and the lagging quality factor GS
December 20, 2025 at 12:31 PM
Cyclical strength driving Russell 2000 gains, amid falling rea l yields and the lagging quality factor GS
Reposted by Steven McNabb
No, I like talking about economics. Sometimes people have misconceptions about economic data and so it's useful to point out those misconceptions.
December 19, 2025 at 7:15 PM
No, I like talking about economics. Sometimes people have misconceptions about economic data and so it's useful to point out those misconceptions.
Reposted by Steven McNabb
A number of people have asked me about this and I fully agree with Omari Sharif (@fcastofthemonth) who is the absolute dean of CPI analysis.
Actual rents appear to have slowed in Oct/Nov, but not unrealistically so - about the same rate they hit in Sept.
But OER (more on that to follow) plunged.
Actual rents appear to have slowed in Oct/Nov, but not unrealistically so - about the same rate they hit in Sept.
But OER (more on that to follow) plunged.
December 18, 2025 at 5:10 PM
A number of people have asked me about this and I fully agree with Omari Sharif (@fcastofthemonth) who is the absolute dean of CPI analysis.
Actual rents appear to have slowed in Oct/Nov, but not unrealistically so - about the same rate they hit in Sept.
But OER (more on that to follow) plunged.
Actual rents appear to have slowed in Oct/Nov, but not unrealistically so - about the same rate they hit in Sept.
But OER (more on that to follow) plunged.
Reposted by Steven McNabb
Okay I looked into this and I was initially open to it but the data doesn't look like it was a thing. See alt text for methodology but if Black Friday was skewing prices I would expect a very large sequential decline in this series and we didn't get it. IMO, Black Friday effects were very small.
December 18, 2025 at 4:13 PM
Okay I looked into this and I was initially open to it but the data doesn't look like it was a thing. See alt text for methodology but if Black Friday was skewing prices I would expect a very large sequential decline in this series and we didn't get it. IMO, Black Friday effects were very small.
Reposted by Steven McNabb
i feel like this is an empirical question you could answer with good research design.
longstanding theory on this is that people who know the applicant that they don't want to hire has racial resentment offer "wish i could've hired you, but they made me hire a black woman instead!" as a let-them-down-easy cope rather than admit to them that they just didn't want to hire them.
December 19, 2025 at 12:50 PM
i feel like this is an empirical question you could answer with good research design.
Reposted by Steven McNabb
I've been waiting to find out exactly how Trump was going to personally profit from the AI greed frenzy he has unleashed because there was no way he was *not* going to get a piece.
Now we know: a $6-billion merger of his failing media corp with an AI energy corp
www.aljazeera.com/economy/2025...
Now we know: a $6-billion merger of his failing media corp with an AI energy corp
www.aljazeera.com/economy/2025...
Trump Media to merge with nuclear fusion company to power AI
The all-stock deal comes amid growing energy needs for the tech sector.
www.aljazeera.com
December 18, 2025 at 6:57 PM
I've been waiting to find out exactly how Trump was going to personally profit from the AI greed frenzy he has unleashed because there was no way he was *not* going to get a piece.
Now we know: a $6-billion merger of his failing media corp with an AI energy corp
www.aljazeera.com/economy/2025...
Now we know: a $6-billion merger of his failing media corp with an AI energy corp
www.aljazeera.com/economy/2025...
Reposted by Steven McNabb
I cannot emphasize how serious an assault on democracy this is. Any effort by the Trump administration to engage in false claims of fraud or mass voter suppression relies on this as a building block. As importantly, there is no legitimate reason DOJ would want this information.
🚨BREAKING: The Department of Justice (DOJ) sued Georgia, Illinois, Wisconsin and Washington, D.C. Thursday for unfettered access to the states’ voter registration records. The federal government has now filed lawsuits against 21 states, plus D.C.
This is a developing story...
This is a developing story...
DOJ Sues Georgia, Illinois, Wisconsin and DC, Expanding Campaign of Voter Data Lawsuits to 22
Read more here.
www.democracydocket.com
December 18, 2025 at 11:54 PM
I cannot emphasize how serious an assault on democracy this is. Any effort by the Trump administration to engage in false claims of fraud or mass voter suppression relies on this as a building block. As importantly, there is no legitimate reason DOJ would want this information.
Reposted by Steven McNabb
Gift link, probably the funniest thing the Wall Street Journal has done this year.
We Let AI Run Our Office Vending Machine. It Lost Hundreds of Dollars.
An AI agent ran a snack operation in the WSJ newsroom. It gave away a free PlayStation, ordered a live fish—and taught us lessons about the future of AI.
www.wsj.com
December 18, 2025 at 3:48 PM
Gift link, probably the funniest thing the Wall Street Journal has done this year.
Reposted by Steven McNabb
reading the 1000 page William Buckley biography on the metro, shaking my head so people know I don’t approve of William Buckley
December 19, 2025 at 1:42 AM
reading the 1000 page William Buckley biography on the metro, shaking my head so people know I don’t approve of William Buckley
The most chilling moment of my parental life was the moment I noticed that my first born was copying what I was doing. I realized that as long as they can see or hear me, there was no quiet moment to myself. Suddenly, I'm the person someone else looks to to figure out what a person should be. 1/3
Daddy issues and I'm not kidding.
Why are so many young white boys looking to role models online….what could be the reason?!
December 19, 2025 at 12:12 AM
The most chilling moment of my parental life was the moment I noticed that my first born was copying what I was doing. I realized that as long as they can see or hear me, there was no quiet moment to myself. Suddenly, I'm the person someone else looks to to figure out what a person should be. 1/3
Reposted by Steven McNabb
NB: When I, a professor of law, profess that an act is unlawful, I am not doing it to inform the lawbreaker, but rather to inform you, the reader.
So the question “what, like you think he cares?” is inapposite. The question is whether *you* care. I think you should, which is why I bother.
So the question “what, like you think he cares?” is inapposite. The question is whether *you* care. I think you should, which is why I bother.
December 18, 2025 at 9:01 PM
NB: When I, a professor of law, profess that an act is unlawful, I am not doing it to inform the lawbreaker, but rather to inform you, the reader.
So the question “what, like you think he cares?” is inapposite. The question is whether *you* care. I think you should, which is why I bother.
So the question “what, like you think he cares?” is inapposite. The question is whether *you* care. I think you should, which is why I bother.
Reposted by Steven McNabb
Zohran Mamdani explains that thousands and thousands of New Yorkers are already eligible for free and reduce public transportation, but because of the bureaucratic hurdles they never get enrolled in the program.
That's why he wants to just make the bus free.
That's why he wants to just make the bus free.
December 18, 2025 at 4:13 PM
Zohran Mamdani explains that thousands and thousands of New Yorkers are already eligible for free and reduce public transportation, but because of the bureaucratic hurdles they never get enrolled in the program.
That's why he wants to just make the bus free.
That's why he wants to just make the bus free.
Reposted by Steven McNabb
I was against the Fed cutting rates at the last meeting based on the information available at the time. Given this week's jobs report & inflation data, ex post the Committee made the right decision to cut rates.
But lots of uncertainty about what next, will need more data.
But lots of uncertainty about what next, will need more data.
December 18, 2025 at 2:11 PM
I was against the Fed cutting rates at the last meeting based on the information available at the time. Given this week's jobs report & inflation data, ex post the Committee made the right decision to cut rates.
But lots of uncertainty about what next, will need more data.
But lots of uncertainty about what next, will need more data.
Reposted by Steven McNabb
Everyone is understandably sharing the Miller quote, but I found this response from photographer Christopher Anderson to be notable, too.
December 18, 2025 at 12:46 AM
Everyone is understandably sharing the Miller quote, but I found this response from photographer Christopher Anderson to be notable, too.
Reposted by Steven McNabb
I keep thinking—as a historian—that it’s rare when doing research to find a politician who reveals his nasty innards so blatantly—with no sense of self or shame.
Future historians who didn’t live through this will be absolutely open-mouthed.
Future historians who didn’t live through this will be absolutely open-mouthed.
Per @garretthaake.bsky.social, the extremely tacky "presidential wall of fame" that lines the colonnade to the West Wing now has obviously-Trump-penned plaques insulting or praising the presidents.
December 17, 2025 at 10:58 PM
I keep thinking—as a historian—that it’s rare when doing research to find a politician who reveals his nasty innards so blatantly—with no sense of self or shame.
Future historians who didn’t live through this will be absolutely open-mouthed.
Future historians who didn’t live through this will be absolutely open-mouthed.