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Jobless claims fall to lowest level since mid-May
Bearish
I have a complex analysis of the last 2 months:
I don't gamble. Is this good?
This is such a good interview with @pkrugman.bsky.social It's sad to know that the USA has the greatest living international trade economist and no one stopped to ask him about this because of…
This is such a good interview with @pkrugman.bsky.social It's sad to know that the USA has the greatest living international trade economist and no one stopped to ask him about this because of political brain rot. youtu.be/hu9q49gBwVU?...
It's so bonkers to see the richest economy in human history saying that they're the victim of a system they built, the system that made them the richest.
Not that anyone here is confused about the most uncontroversial thing in macroeconomics, but I made a YouTube vid about tariffs if you're interested. Tariffs are Bad.
I wonder if we'll get the traditional First 100 Days accomplishments from the Prez. 🤡🤡🤡
So. We're doing 17th century economics and 1st century territorial expansion.
The global reserve currency issuer doesn't need strategic reserves. Full stop. And buying ADA, XRP and SOL is a complete misuse of taxpayer funds.
Jobless claims stay low in latest week
Consumer credit growth soars in December
Bullish
U.S. productivity slows down in fourth quarter while unit labor costs accelerate
Beyond to buy rights to Buy Buy Baby brand and reunite it with Bed Bath & Beyond
Trump asks Supreme Court to pause TikTok ban
Everyone talks about these sentiment surveys as if there isn’t a third group of people that we literally call “independents” who might have the more objective view of things….
The US stock market is now 63% of global market cap, up from 60.5% at the beginning of the year. The next biggest market is...Japan at 5.6%.
Amazon says it had best-ever Thanksgiving Holiday week with record sales and number of items sold
AMZNBullish
I'm not a huge fan of annual forecasts, but this one is worth a listen.
Nice comments by Paul. Trump is spreading a common fallacy where people assume $ reserve status is bestowed on the USA. In reality reserve status is earned. The USA is: - the largest economy ever…
Nice comments by Paul. Trump is spreading a common fallacy where people assume $ reserve status is bestowed on the USA. In reality reserve status is earned. The USA is: - the largest economy ever - wealthiest econ ever - Most innovative econ ever As a result, there’s voracious demand for $.
Happy Thanksgiving! Please remember to scope out the bathrooms at your in-laws house in case you need to escape for an hour to doom scroll.
Liking this platform so far. Couple features that would crush Twitter:: 1) Edit button 2) Scheduled posts 3) Improved gif selection CC: @jay.bsky.team
Remember to aim big and write down your goals for tomorrow.
Tip for the next 4 years: Believe what he DOES, not what he SAYS.
FYI: Skeet Deck is pretty slick. deck.blue
Check my math: 1) Trump does 25% tariff 2) Taco prices go up 25% 3) Taco Bell makes 25% more money 4) Taco Bell hires 25% more workers 5) Taco Bell can make 25% more tacos 6) We all get 25% more tacos
Check my math: 1) Trump does 25% tariff 2) Taco prices go up 25% 3) Taco Bell makes 25% more money 4) Taco Bell hires 25% more workers 5) Taco Bell can make 25% more tacos 6) We all get 25% more tacos
I finally finished my Thanksgiving dinner speech.
New Tsy Sec Bessent promotes a 3-3-3 policy. That’s 3% deficit to GDP, 3% REAL GDP growth and 3 million barrels of daily oil output. Current deficit is 6.5% of GDP which implies almost $1 trillion…
New Tsy Sec Bessent promotes a 3-3-3 policy. That’s 3% deficit to GDP, 3% REAL GDP growth and 3 million barrels of daily oil output. Current deficit is 6.5% of GDP which implies almost $1 trillion of budget cuts. I suspect this would get us to NOMINAL 3% GDP growth (about 0% real).
Bullish