travis strawn
@travislstrawn.bsky.social
economics, data science, and various other interests. 📈💵🔮📊🌎🍄📚🪐🪴🌌
Reposted by travis strawn
Special - What Could Go Right? w/ Zachary Karabell
Zachary Karabell of The Progress Network joins the program to talk about the big things: liberalism, American political capitalism, Trump, "abundance," and more.
americanprestige.supportingcast.fm/listen/ameri...
Zachary Karabell of The Progress Network joins the program to talk about the big things: liberalism, American political capitalism, Trump, "abundance," and more.
americanprestige.supportingcast.fm/listen/ameri...
American Prestige | Special - What Could Go Right? w/ Zachary Karabell (Preview)
americanprestige.supportingcast.fm
May 19, 2025 at 8:18 PM
Special - What Could Go Right? w/ Zachary Karabell
Zachary Karabell of The Progress Network joins the program to talk about the big things: liberalism, American political capitalism, Trump, "abundance," and more.
americanprestige.supportingcast.fm/listen/ameri...
Zachary Karabell of The Progress Network joins the program to talk about the big things: liberalism, American political capitalism, Trump, "abundance," and more.
americanprestige.supportingcast.fm/listen/ameri...
"main driver of the [Q1] contraction was Trump’s trade war. Net exports, the difference between what the U.S. imports and exports, subtracted nearly 5 percentage points from headline GDP. That was the biggest quarterly drag from net exports on record dating back to 1947."
www.wsj.com/economy/us-g...
www.wsj.com/economy/us-g...
U.S. Economy Shrank in First Quarter as Imports Surged Ahead of Tariffs
The gross domestic product reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected.
www.wsj.com
April 30, 2025 at 4:28 PM
"main driver of the [Q1] contraction was Trump’s trade war. Net exports, the difference between what the U.S. imports and exports, subtracted nearly 5 percentage points from headline GDP. That was the biggest quarterly drag from net exports on record dating back to 1947."
www.wsj.com/economy/us-g...
www.wsj.com/economy/us-g...
“”None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.””
www.cnbc.com/2025/04/22/t...
www.cnbc.com/2025/04/22/t...
Trump says he has 'no intention' of firing Fed Chair Powell
Powell, whom Trump appointed Fed chair during his first term as president, has flatly stated that the president cannot remove him under the law.
www.cnbc.com
April 22, 2025 at 10:25 PM
“”None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.””
www.cnbc.com/2025/04/22/t...
www.cnbc.com/2025/04/22/t...
“‘I do say China is going to be a slog in terms of the negotiations,” Bessent said according to a transcript obtained by The Associated Press. “Neither side thinks the status quo is sustainable.’”
apnews.com/article/tari...
apnews.com/article/tari...
US Treasury secretary says trade war with China is not 'sustainable'
U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two larg...
apnews.com
April 22, 2025 at 8:12 PM
“‘I do say China is going to be a slog in terms of the negotiations,” Bessent said according to a transcript obtained by The Associated Press. “Neither side thinks the status quo is sustainable.’”
apnews.com/article/tari...
apnews.com/article/tari...
Reposted by travis strawn
Negotiations with Washington will ramp up this week as representatives of several Asian countries in particular aim to evade Trump’s trade war.
Trade talks ramp up in DC
Delegations from South Korea, Thailand, and India are hoping to secure permanent reprieves before US President Donald Trump’s 90-day pause on his ‘Liberation Day’ tariffs expires.
www.semafor.com
April 21, 2025 at 3:36 PM
Negotiations with Washington will ramp up this week as representatives of several Asian countries in particular aim to evade Trump’s trade war.
“The DJIA shed almost 1,000 points on Monday and is headed for its worst April performance since 1932… The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.”
www.wsj.com/finance/inve...
www.wsj.com/finance/inve...
Dow Headed for Worst April Since 1932 as Investors Send ‘No Confidence’ Signal
Few think administration’s negotiations with trade partners will yield results soon enough to ease the strain
www.wsj.com
April 22, 2025 at 4:26 AM
“The DJIA shed almost 1,000 points on Monday and is headed for its worst April performance since 1932… The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928, according to Bespoke Investment Group.”
www.wsj.com/finance/inve...
www.wsj.com/finance/inve...
“It is hard to imagine a scenario in which the US emerges as a net winner of these tariff wars even if it achieves some of its objectives…The drag from higher prices, lower efficiency and damage to its policymaking credibility will outweigh any benefits.”
on.ft.com/4lChBMm
on.ft.com/4lChBMm
Mapping the high tariff world
How the trade war will reorder the global economy — not burn it down
on.ft.com
April 21, 2025 at 1:09 PM
“It is hard to imagine a scenario in which the US emerges as a net winner of these tariff wars even if it achieves some of its objectives…The drag from higher prices, lower efficiency and damage to its policymaking credibility will outweigh any benefits.”
on.ft.com/4lChBMm
on.ft.com/4lChBMm
‘“Japan has grave concern over the consistency" with regards to the latest U.S. automobile tariffs and the 2019 bilateral trade deal, Ishiba told parliament.”’
Japan to voice concern over US trade deal inconsistency, PM Ishiba says reut.rs/4jrmiHG
April 21, 2025 at 12:50 PM
‘“Japan has grave concern over the consistency" with regards to the latest U.S. automobile tariffs and the 2019 bilateral trade deal, Ishiba told parliament.”’
"I don't want them to go higher because at a certain point you make it where people don't buy," Trump told reporters…
…I may want to go to less because you know you want people to buy and, at a certain point, people aren't gonna buy."
asia.nikkei.com/Economy/Trad...
…I may want to go to less because you know you want people to buy and, at a certain point, people aren't gonna buy."
asia.nikkei.com/Economy/Trad...
Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
President says U.S. tariffs on Chinese goods may be lower than previously touted
asia.nikkei.com
April 18, 2025 at 1:52 AM
"I don't want them to go higher because at a certain point you make it where people don't buy," Trump told reporters…
…I may want to go to less because you know you want people to buy and, at a certain point, people aren't gonna buy."
asia.nikkei.com/Economy/Trad...
…I may want to go to less because you know you want people to buy and, at a certain point, people aren't gonna buy."
asia.nikkei.com/Economy/Trad...
Treasury Secretary Scott Bessent is one of the key individuals charged with carrying out President Trump's economic agenda….
youtu.be/FPdkZlU8UfM?...
youtu.be/FPdkZlU8UfM?...
Treasury Secretary Scott Bessent talks tariffs, taxes, and concerns about an economic slowdown
YouTube video by Yahoo Finance
youtu.be
April 17, 2025 at 3:22 PM
Treasury Secretary Scott Bessent is one of the key individuals charged with carrying out President Trump's economic agenda….
youtu.be/FPdkZlU8UfM?...
youtu.be/FPdkZlU8UfM?...
Interview with Chinese economist and associate professor of economics at the London School of Economics Keyu Jin about Trump's trade war and who has the upper hand:
youtu.be/ZtyU_DZWqMw?...
youtu.be/ZtyU_DZWqMw?...
Harvard Economist: China Is Winning Trump’s Trade War | Keyu Jin
YouTube video by Novara Media
youtu.be
April 17, 2025 at 3:15 PM
Interview with Chinese economist and associate professor of economics at the London School of Economics Keyu Jin about Trump's trade war and who has the upper hand:
youtu.be/ZtyU_DZWqMw?...
youtu.be/ZtyU_DZWqMw?...
Treasury Secretary Scott Bessent on Tariffs, Bonds, and the Next Fed Chair….
youtu.be/qIbW02mJI7A?...
youtu.be/qIbW02mJI7A?...
Treasury Secretary Scott Bessent on Tariffs, Bonds and the Next Fed Chair
YouTube video by Bloomberg Podcasts
youtu.be
April 15, 2025 at 3:11 PM
Treasury Secretary Scott Bessent on Tariffs, Bonds, and the Next Fed Chair….
youtu.be/qIbW02mJI7A?...
youtu.be/qIbW02mJI7A?...
Reposted by travis strawn
In a large-scale trade war with China, the U.S. economy will suffer more than the Chinese economy will, argues @adamposen.bsky.social. “The Trump administration may think it’s acting tough, but it’s in fact putting the U.S. economy at the mercy of Chinese escalation.”
Trade Wars Are Easy to Lose
Beijing has escalation dominance in the U.S.-Chinese tariff fight.
www.foreignaffairs.com
April 10, 2025 at 11:39 PM
In a large-scale trade war with China, the U.S. economy will suffer more than the Chinese economy will, argues @adamposen.bsky.social. “The Trump administration may think it’s acting tough, but it’s in fact putting the U.S. economy at the mercy of Chinese escalation.”
“The company is working with Foxconn on a supercomputer plant in Houston.”
www.wsj.com/tech/nvidia-...
www.wsj.com/tech/nvidia-...
Nvidia to Make AI Supercomputers Entirely in U.S.
Nvidia said it would start producing AI supercomputers that will be manufactured entirely in the U.S.
www.wsj.com
April 14, 2025 at 3:40 PM
“The company is working with Foxconn on a supercomputer plant in Houston.”
www.wsj.com/tech/nvidia-...
www.wsj.com/tech/nvidia-...
“”We will end up in a place of great certainty over the next 90 days on tariffs,” he promised.”
on.ft.com/3G18cOn
on.ft.com/3G18cOn
Scott Bessent, the Treasury secretary shaping Trump’s trade war
The former hedge fund manager is being asked to lead negotiations with foreign governments amid America’s self-inflicted hit
on.ft.com
April 12, 2025 at 12:34 AM
“”We will end up in a place of great certainty over the next 90 days on tariffs,” he promised.”
on.ft.com/3G18cOn
on.ft.com/3G18cOn
Interesting detailed analysis expanding on Trump’s tariffs by @bennorton.com:
youtu.be/VnajhDMAWVA?...
youtu.be/VnajhDMAWVA?...
Tariffs are part of Trump's big plan to save US dollar dominance. Will it work?
YouTube video by Geopolitical Economy Report
youtu.be
April 9, 2025 at 5:01 PM
Interesting detailed analysis expanding on Trump’s tariffs by @bennorton.com:
youtu.be/VnajhDMAWVA?...
youtu.be/VnajhDMAWVA?...
“Even before Trump, Japan already levied less than the 2.5% tariff on vehicle imports the U.S. charges. How much less? Nothing, in fact — Tokyo hasn’t imposed tariffs on car imports since 1978. The country indeed had barriers to clear in the past, but those haven’t existed for years….”
Commentary: Why are Japanese streets empty of U.S. cars? It’s no mystery — they're not good enough.
The Japan tariff myth that just won’t die
The belief that unfair trade practices are at fault isn’t only false, but also one of those enduring myths that refuses to die.
www.japantimes.co.jp
April 8, 2025 at 8:53 AM
“Even before Trump, Japan already levied less than the 2.5% tariff on vehicle imports the U.S. charges. How much less? Nothing, in fact — Tokyo hasn’t imposed tariffs on car imports since 1978. The country indeed had barriers to clear in the past, but those haven’t existed for years….”
Reposted by travis strawn
NEW 🧵
A quick thread of charts showing how Trump’s economic agenda is going so far:
1) US consumers are reacting very very negatively.
These are the worst ratings for any US government’s economic policy since records began.
A quick thread of charts showing how Trump’s economic agenda is going so far:
1) US consumers are reacting very very negatively.
These are the worst ratings for any US government’s economic policy since records began.
April 4, 2025 at 12:51 PM
NEW 🧵
A quick thread of charts showing how Trump’s economic agenda is going so far:
1) US consumers are reacting very very negatively.
These are the worst ratings for any US government’s economic policy since records began.
A quick thread of charts showing how Trump’s economic agenda is going so far:
1) US consumers are reacting very very negatively.
These are the worst ratings for any US government’s economic policy since records began.
“The conventional thinking was that AI companies needed expensive, leading-edge computer chips—such as those made by Nvidia—to train the best systems…
But DeepSeek didn’t have leading-edge chips—and its models appear to be roughly on par with top U.S. rivals on certain benchmarks…”
But DeepSeek didn’t have leading-edge chips—and its models appear to be roughly on par with top U.S. rivals on certain benchmarks…”
Here's what you need to know about DeepSeek, the artificial-intelligence phenomenon that is roiling global technology stocks.
What to Know About China’s DeepSeek AI
The Chinese upstart says it has trained high-performing AI models cheaply, without using the most advanced chips.
www.wsj.com
January 28, 2025 at 12:39 AM
“The conventional thinking was that AI companies needed expensive, leading-edge computer chips—such as those made by Nvidia—to train the best systems…
But DeepSeek didn’t have leading-edge chips—and its models appear to be roughly on par with top U.S. rivals on certain benchmarks…”
But DeepSeek didn’t have leading-edge chips—and its models appear to be roughly on par with top U.S. rivals on certain benchmarks…”
Reposted by travis strawn
The issue of fire department spending, boring and burdened with specifics in normal times, is now a critical issue in Los Angeles following the massive destruction wreaked by a wildfire in Pacific Palisades, which continues to burn. www.latimes.com/california/s...
January 10, 2025 at 10:23 PM
The issue of fire department spending, boring and burdened with specifics in normal times, is now a critical issue in Los Angeles following the massive destruction wreaked by a wildfire in Pacific Palisades, which continues to burn. www.latimes.com/california/s...
@ashleyafrawley.bsky.social is I believe touching on something profound, insightful, and important here: www.compactmag.com/article/scho...
School Shooters and the Gender Wars
School shootings have begun to feel so common in America that a recent shooting that left three dead including the assailant at a private Christian school in Madison, Wisconsin on Monday seems to have...
www.compactmag.com
December 22, 2024 at 7:13 AM
@ashleyafrawley.bsky.social is I believe touching on something profound, insightful, and important here: www.compactmag.com/article/scho...
Really good episode, and really appreciate the recent Andrew Day and @connorechols.bsky.social @nonzeronews.bsky.social collaboration episodes.
Are Neocons Taking over Trump 2.0? | James Carden of the American Conservative joins Andrew Day and @connorechols.bsky.social to discuss.
www.youtube.com/watch?v=2xmB...
www.youtube.com/watch?v=2xmB...
Are Neocons Taking over Trump 2.0? | NonZero World Feat. James Carden
YouTube video by Nonzero
www.youtube.com
December 14, 2024 at 5:47 PM
Really good episode, and really appreciate the recent Andrew Day and @connorechols.bsky.social @nonzeronews.bsky.social collaboration episodes.
“In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp….”
Exclusive: Trump's team is exploring ways to drastically shrink or even eliminate top bank watchdogs, including the FDIC
Exclusive | Trump Advisers Seek to Shrink or Eliminate Bank Regulators
The advisers have asked potential nominees whether Trump could abolish the FDIC.
on.wsj.com
December 13, 2024 at 1:42 AM
“In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp….”
“‘Health insurance, she writes, “is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex,” as coverage evolved from mechanisms to help people with lost incomes when they were hospitalized to the comprehensive plans we have today…’”
The suspect in the killing of UnitedHealthcare’s CEO appears to cite two prominent critics of the U.S. health care system in his manifesto.
Suspected killer of UnitedHealthcare CEO cites prominent U.S. health care critics in manifesto
The suspect in the killing of UnitedHealthcare’s CEO appears to cite two prominent critics of the U.S. health care system in his manifesto.
buff.ly
December 11, 2024 at 9:15 PM
“‘Health insurance, she writes, “is in some ways the original sin that catalyzed the evolution of today’s medical-industrial complex,” as coverage evolved from mechanisms to help people with lost incomes when they were hospitalized to the comprehensive plans we have today…’”