One for the ages

Judging by the price/volume chart, it looks like the government carried out interventions at four key price levels over the past month: first 1475 in mid-Sep, then at 1425 followed by 1430 in early October, and currently the intervention is taking place at... 1488 exactly:

I dedicate this post to the formidable @annabower.bsky.social

Seattle No Kings from the monorail

It's @kenjennings.bsky.social time at T-Mobile Park.

Wonder if a WGA strike is in the cards.

There may be a lesson here although Americans aren't French

Trump now calling for Jimmy Fallon and Seth Meyers to go. Late Night of the Long Knives

If you take what a 9-0 Court said in Vullo seriously, it seems clear to me that Kimmel has not just a plausible jawboning claim but a strong one on the basis of Carr's threats. (Always read Genevieve Lakier 👇)

A free and democratic society cannot silence comedians because the President doesn’t like what they say. This is an attack on free speech and cannot be allowed to stand. All elected officials need to speak up and push back on this undemocratic act.

Trump take steak

Some Mexicans look like Kavanaugh, and he likes beer [like many folks here illegally] and he's a guy [like many folks here illegally] so by that logic there's reasonable suspicion to detain him if he's ever out and about.

"The U.S. Supreme Court authorizes the continuation of indiscriminate immigration raids in Los Angeles."

The suspicious thing about AI productivity gains is companies aren’t saying let’s deliver more value with AI. Instead they’re saying let’s deliver the same thing with fewer people. Hard to distinguish that from regular old cost cutting. Where there email, smartphone, GitHub or AWS driven layoffs?

This is what happens when you obliterate the presumption of regularity. Endless homework assignments because the court can't trust the government to follow orders in good faith.

Wrote about Comer/Mace attempting to doxx and intimidate Wikipedia editors in an effort to force their own viewpoint onto Wikipedia.

Appeals Court rules that @josephpolitano.bsky.social gets a long weekend.

I spent six years on the same (volunteer!) Arbitration Committee from which Oversight is now demanding private communications. Even just threats like this one, regardless of followthrough, will it so much harder for them to do their thankless work.

Somehow missed this but jeez it's insane.

Never thought I'd say I'd be better qualified to be head of BLS than nominee. But here we are.

Rather odd sign to see in a Seattle link station cc @airlineflyer.net

it's so Concacaf to not have goal line technology for the Gold Cup final

Did anyone write 3,000 words about how the USMNT went from “on the rise heading into 2026” to “what the heck happened?” What the heck happened??

oh ok

Laugher curve

Starting to think the play here is to destabilize the regime more than cripple the nuclear program. It’s quite a bet by the Israelis.

Worth noting Nagoya has more immigrants than the rest of Japan. They are here to work the jobs in the auto sector. Makes you wonder about American plans to bring back manufacturing.

FT EDITORIAL BOARD: “.. The US and European countries that tout Israel as an ally that shares their values have issued barely a word of condemnation. They should be ashamed of their silence, and stop enabling Netanyahu to act with impunity.” @financialtimes.com www.ft.com/content/f5fd...

Nope nope nope none of this is good at all.

"I'm going to govern in econometrics" is a winning campaign slogan for the ages.

Looking forward to the full-throated condemnation of this letter by those who accused the Biden administration of pressuring social media firms to moderate COVID-19 and election fraud misinfo! Any second now... www.theverge.com/news/656720/...

When the Wikipedia arbitration committee has better security than the defense secretary.

Wish I wasn't thinking about tariff schedules in the Costco liquor aisle.

The North American numbers in the new WTO trade forecasts are quite something. www.wto.org/english/news...

Eric Cantor on Bloomberg yelling about the US not being Brazil and having strong institutional guardrails and railing against Sanders and AOC as being far left. Eurgh. At least good questions from hosts.

Foreign leaders are indeed calling to White House to figure out how to get tariffs removed, but the White House is not responding to the calls. And meanwhile they have little idea what to even offer Trump as "concessions" because he has no idea what he wants www.politico.com/news/2025/04...

The dollar (DXY) is down .9%. 10-year is up 3.7%. This is a bad dynamic. It is what happened to Liz Truss; bonds and the currency sold off simultaneously, signaling loss of confidence.

Trump is really playing some 0d chess

I sure as hell hope longer term yields are going up because of some hedge fund deleveraging and not anything else.

February 2025 was either the correct or incorrect months to learn about the bond markets

Good morning. It is now 12:01 AM, meaning the largest tariff hike in US history has gone into effect There's now another 10-40% tariff on imports from most nations & another 74% tariff on China ~3/4 of imports are now hit by tariffs, and the average US tariff rate is up to ~30%

Bloomberg TV guests really think (or hope rather?) it'll get negotiated down because of the Bessent ice cube tariffs. Last guest admitting saying downside is too awful to consider ala Cuban missile crisis.

Worst case 9 to go to get over filibuster. Assume Paul would support so probably 8?

Holy shit this volatility

Republicans in congress are the only ones who can stop this tariff insanity and they are nearly completely MIA.

Look, for over a year, one brave Cassandra was warning you that massive tariffs were coming and that they’d wreak havoc on the economy. But no one listened to Donald Trump.

New York Times, October, 1890 "Let the facts, which are multiplying every day, tell who it is that pays the onerous tariff taxes. They will answer that the American people pay these taxes and that the burden of them rests most heavily upon the poor."

Scientists astonished as invertebrates show signs of spinal growth under extreme pressure

let’s see who has the unfortunate task of ringing the opening bell tomorrow … ah perfect

A reminder to reporters: Because Trump tariff numbers are made-up nonsense, using the phrase “reciprocal tariffs” is lying to your audience. The phrase itself is propaganda. They are not reciprocal.