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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
My mom’s WiFi password is 26 characters long so I’m gonna email her AOL account today and reminder her to start looking for it so she finds it by Thursday. 🤞🤞🤞
Updated starter pack to help you get started with following finance & Econ people. Limited to 150 so sorry if I missed anyone.
Can you feel it?
Richest country in human history? ✅ Govt can create money? ✅ Country is global reserve currency? ✅ Elon: “We’re bankrupt!”
I made a Starter Pack. Check it out, like and retweet this and I’ll update it so we can find people easier! Thanks.
4 yr old: “Daddy, why is the sky blue?” Me: “Good Q honey. I don’t know the answer to most basic things like that.” 4 yr old: “Daddy, what are central bank reserves?” Me: “How many hours can you sit…
4 yr old: “Daddy, why is the sky blue?” Me: “Good Q honey. I don’t know the answer to most basic things like that.” 4 yr old: “Daddy, what are central bank reserves?” Me: “How many hours can you sit still?”
Is this thing on?
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
Bearish
Charter Communications announces buyout deal for Liberty Broadband at terms above its previous proposal
General Motors unveils new all-electric Cadillac called the Vistiq with 300-mile range
Vestas Wind Systems stock slumps as company says margins to be at low end of guidance
Bearish
Burberry shares rise on report Moncler could bid for it
Bullish
Kazatomprom reports 17% increase in production during the third quarter
Anheuser-Busch InBev shares slip as sales come up shy of estimates
Wingstop’s stock slides 12% after profit falls short of estimates
Bearish
Novartis hikes sales and profit guidance for the year
Bullish
Plus500 says it will meet expectations after quarterly revenue climbs 11%
Bullish
Trainline boosts guidance for the second time this year
Bullish
Barclays reports 18% profit rise as it lifts income guidance
Bullish
London Stock Exchange Group says income grew, led by Tradeweb
Nobel economics prize awarded to three who studied wealth of nations
Nobel Peace Prize awarded to Japanese atomic bomb survivors
DirecTV to acquire EchoStar’s video distribution business including Dish TV and Sling TV
[Meta] Rules II & III: Policy Proposals and Non-economists
Hi all, In light of an exceeding amount of rulebreaking posts, the r/economics modteam wanted to both clarify the rules and provide some clear examples of rule breaking. As part of this post, please find links to the Rule II Roundtable…