"Weiss is a hugely successful journalist and entrepreneur, and the target—especially from others within her field—of Bari Weiss–derangement syndrome." So many Nazis fit this bill.

#EconSky "Between the fourth quarters of 2019 and 2024, the conditional median value of equities held by stock market participants nearly doubled from about $117,000 to $228,000, then rose about another 15% by the third quarter of 2025" If #AI is a bubble😬 data.sca.isr.umich.edu/fetchdoc.php...

#EconSky I guess the #AI tech bros were too busy self dealing to lobby #Trump to keep this project going. It's as if, bear with me here, they are more interested in getting paid than powering their proposed data centers. eplanning.blm.gov/eplanning-ui... heatmap.news/sparks/esmer...

#EconSky I guess the #AI tech bros were too busy self dealing to lobby #Trump to keep this project going. It's as if, bear with me here, they are more interested in getting paid than powering their proposed data centers. eplanning.blm.gov/eplanning-ui... heatmap.news/sparks/esmer...

#PhilosophySky I guess this makes Trump's Cabinet the "evil demons" So not cool to be living through this part of my Phil 101 course - being an object subject to another's whim. And yes, coincidentally being thrown out of Plato's cave is thin gruel. en.wikipedia.org/wiki/Brain_i...

#Phillies Baseball on the beach in Cape May.

#EconSky I asked #DeepSeek and #ChatGPT "will China or the US be the dominant economic power in the year 2050"

#EconSky I've been comparing #ChatGPT to #DeepSeek and at least for my queries I'm not noticing much difference. Except that Deepseek requires far less computing, and by extension, electrical power to do its thing. chat.deepseek.com/share/ctirxq...

#EconSky I'm left wondering why the Tech Bros, who are well aware of the power and water requirements of their proposed data centers, didn't get behind the Dems. Why choose Trump who was sure to kill renewable energy and impose tariffs. Did they pick a scapegoat and no SEC for the #AI bust?

#EconSky @josephpolitano.bsky.social Substack on AI Capex is worth a read. www.apricitas.io/p/the-tariff... #OpenAi has very limited plans to power its 10GW build (see below) Is this a blame seeking game by AI CEOs. "Sorry, your tariffs killed our hopes for #AGI"

#Phillies I love Cape May

#EconSky Preparing for politicised dollar liquidity - on.ft.com/4pPdCOz At some point in the not too distant Trump's gang will pull the wrong block out of our Jenga economy. Politicizing Fed support would greatly hasten our exit as issuer of the world's reserve currency

#EconSky What this means for #Fed policy: Miran will be the lone nut. Rates will stay higher than otherwise through the end of the year. Waiting for #Trump to share his opinion on SCOTUS decision here.

#EconSky #AI #META Big brother, having provided the human-ish, likable, encouraging chatbot will be monitoring the conversations ITS program will be seducing you to have. To advertise goods and ideas and votes. Fear not. Meta is being "super transparent" about this. 🙃 on.ft.com/42Zg3Et

#EconSky "Find the trend whose premise is false and bet against it." - George Soros If Bessent had worked with the trading group he would know the intervention in Argentina is a loser in much the same way BoE intervention in 1992 was a loser.

#EconSky @edwardluce.bsky.social makes a claim I've seen often: "Another kind of beneficiary is Scott Bessent, the US Treasury secretary, who ran Soros’s hedge fund for many years." I wonder what proof of this exists. A good friend worked at Quantum, he doubts this. www.ft.com/content/aa00...

#Epstein #GhislaineMaxwell Keith Raniere should have hobnobbed with richer people. I can imagine him mumbling over and over, "if only I was a pedophile." en.wikipedia.org/wiki/Keith_R... www.msnbc.com/deadline-whi...

#EconSky Agreed bsky.app/profile/cape...

#EconSky Although Sept’s decline was relatively modest, it was still seen across a broad swath of the population.. A key exception: sentiment for consumers with larger stock holdings held steady in September, while for those with smaller or no holdings, sentiment decreased. www.sca.isr.umich.edu

#EconSky What if #Trump 's "deal" on #Tiktok isn't as done as he thinks it is? www.chinadaily.com.cn/a/202509/26/...

#EconSky Want to see how a #Trump led #Fed will operate? Look no further than the Federal Government. US citizens need a functioning government. Trump with his cabinet of misfits and #ElonMusk has reduced its efficiency. And they aren't done. The world needs a functioning Fed. tiny.cc/co1t001

#EconSky And here we go, #Trump and #Bessent are using the power of the US Treasury to pick winners and losers. If a Lula led Brazil was in similar straits Trump would NOT intervene. What happens if Milei's Coalition loses in October? Trump dumps support. www.reuters.com/world/americ...

#EconSky The marketing memo I saw on X described the storage module as: SUPER DUPER EXTRA AWESOME MEGAHUGEBLOCK, ULTRA LARGE-SCALE YOU AIN'T SEEN NOTHING LIKE IT It's as if the company n senior execs will say anything to loot investor money. #TSLA #ELONMUSK I miss the S.E.C.

#EconSky With all due respect to Mr. Cassidy, "self-preservation" is a curious choice. I prefer, "loving a free hand to goose one's stock so insiders can loot the company via option grants." Migrants in concentration camps are worried about self preservation. www.newyorker.com/news/the-fin...

#EconSky President Xi on TikTok during call with Trump (below). Not sure Trump understood him. He seems to think it's his to do with as he pleases.

#EconSky #TSLA Odds of Musk getting that $trillion pay package just dropped appreciably. timesofindia.indiatimes.com/world/us/fri...

Apropos youtu.be/ihaB8AFOhZo?...

Super-spreader event www.nbcnews.com/news/us-news...

#EconSky A Trump run Fed would operate much like our Trump favoring SCOTUS - making our nation less safe and prosperous. Ironically our Trump favoring SCOTUS will ultimately be deciding if we get a Trump run Fed.

#EconSky Never forget that the greed of our wannabe Tech Overloads is what gave us Trump. And they plan to use him to dominate the world. How embarassing. www.bbc.com/news/article...

Proud to be an American moment. Don't give the Tangerine Tyrant an inch. youtu.be/_GXNJ3V9lzg?...

#EconSky A Lehman Brothers memorial PDF dump on.ft.com/4pu4ZsQ ps are you feeling cozy now knowing many who screwed up just kept working in the same field

#EconSky Hot mike discussion: "if we can replace 20% of the workforce with AI bots productivity would explode and our wealth would remain fungible." Realist rebuttal: "do you think 30Million people are just going to vanish?"

#EconSky Making sh!t up on the fly. www.engadget.com/social-media...

#EconSky "Despite reporting first quarter revenue and earnings that missed analysts’ expectations after the market closed Tuesday, Oracle’s shares soared by 38% Wednesday morning on .." ... a promise that would never have been made with a functioning S.E.C. www.forbes.com/sites/phoebe...

Join the resistance! Get vaccinated! (still amazed my nation voted to return to the 19th century - glad I live in a Blue state) ps $260 without insurance 😱

#EconSky Don't ever assume #Trump expects success, be it the Trump Taj Mahal or US government. He doesn't. He just wants to grift while it's still in operation. "A little over a year after it opened, the Trump Taj Mahal filed for bankruptcy" Be prepared. abcnews.go.com/US/trumps-ta...

#EconSky @edwardluce.bsky.social just published a must read. He warns against hoping for relief from GOP control due to an economic slowdown I agree Dem dysfunction reminds me of the 1920-1930 period when even the crash of '29 failed to win them power in 1930. on.ft.com/4gg0mhz

#EconSky @edwardluce.bsky.social just published a must read. He warns against hoping for relief from GOP control due to an economic slowdown I agree Dem dysfunction reminds me of the 1920-1930 period when even the crash of '29 failed to win them power in 1930. on.ft.com/4gg0mhz

From the team that brought you, The Apprentice we bring you, The Cabinet I love the fake secrecy, "granted anonymity due to the sensitivity of the situation," as if this "leak" wasn't intentional. #Trump loves this.

#EconSky #Fed #Bessent #Trump Collective gaslighting from the Trump Cabinet. Bessent evokes Covid to denigrate Federal Reserve Policy. What could go wrong with team Trump making all health and economic policy decisions for the nation? Pretty much everything that matters.

#EconSky Giving the power of Fed bail-outs to Trump is a terrible mistake. on.ft.com/3JJ54sh

Go ahead. Underrate Jalen Hurts. If you're a defensive coordinator I beg you to do that. Go Birds!

#EconSky Why has the stock market soared?

What's a fortnight? It's 2 weeks.

#EconSky I wonder what % of employment gains in the ADP report (and all others) are a function of migrants not on the books being replaced with legal employees. adpemploymentreport.com

#EconSky Irony: Trump's attack on the BLS get them to withhold this month's revisions which show a weaker economy. The Labor market thus look stronger than it is. The equity and front end Treasury markets, which are positioned for multiple rate cuts this year, sell off heavily.

#EconSky “I find what he is doing abhorrent, but the truth is I’ve been a huge beneficiary of Trump’s policies. The ‘BBB’ cut my taxes, boosted cash flow for my company, and pumped stimulus into the market — so my portfolio keeps growing.” ROFLMAO on.ft.com/47ls0Yq youtu.be/8j7oT2I8Nz8?...

#EconSky "Nearly all Districts noted tariff-related price increases, with contacts from many Districts reporting that tariffs were especially impactful on the prices of inputs. ..rising prices for insurance, utilities, and technology services." www.federalreserve.gov/monetarypoli...

#EconSky wolfstreet.com/2025/09/01/o...