real bummer finding out that literally everything was on the honor system this whole time

We wanted to know if bleach can cure cancer. So we talked to three raw milk enthusiasts at a McDonald’s near Manasota Key.

things are going great, I'm sure morale is at a 10/10 these plumbers and teachers and clerks who do this part-time will be supes happy to start shooting at their fellow citizens after sleeping on the floor for weeks

Awww ... paging the Hallmark Channel. www.nytimes.com/2025/06/06/s...

I wrote about the recent spate of anti-Zionist violence against American Jews and how such assaults just make Zionism's argument for it. "The unwitting agents of Zionism throughout history have been those unwilling to tolerate Jews in their own countries." Gift link to the full piece:

Elon can fix this.

Believe it or not, this is the 2nd time I've had a photo of Doc Brown & Marty McFly under my byline. www.wsj.com/livecoverage...

He should RTO and make sure to send the shareholders a list of five things he’s accomplished every week

😂

To be clear, when EU officials talk about a “deal” by early July, they are looking to give him a face-saving way to back down.

Not The Onion.

Passive investing is great. It can still be gamed. — by @spencerjakab.bsky.social marketsam.cmail20.com/t/d-e-shtdlk...

And the prize for best street name trolling goes to the city of Prague.

Perfect right down to the Thiessen.

“SPX Daily Return Based on Who is Making Headlines” (via TS Lombard)

Trump's "big" trade deal is with the UK: - It's a framework not a deal - They're our 11th largest trading partner - They're only 3% of US trade (97% to go) - They *already* charge average tariffs of only 1% (limited upside) It's a photo op, not a macroeconomically significant moment.

“There is NO INFLATION.” - Trump, 4/8/25 @cnbc.com www.cnbc.com/2025/05/07/u...

Are Howard Cosell and Harry Caray ready for their comebacks?

Tesla’s sales in Europe continue to collapse — “even as it started shipping the redesigned Model Y sport utility vehicle to customers.” @bloomberg.com $TSLA @alexwinter.com www.bloomberg.com/news/article...

Sometimes I feel like the Darwin Award process should be allowed to run its course for the good of society. nypost.com/2025/05/04/u...

"Berkshire’s retiring CEO hasn’t just been a giant of the professional investing world—he’s a giant among pygmies. You can’t be Buffett, but being just a little bit like him can leave you towering over pros and other individuals alike." — by @spencerjakab.bsky.social

NYT Page One: “.. a blitz of moneymaking ventures capitalizing on their father’s name and power, each seemingly trying to outdo the other.” @nytimes.com

Add a tariff, ruin a movie A Customs Officer and a Gentleman Final Destination (End-Use Regime)

(Politico) - President Donald Trump is not committing to upholding the Constitution as he continues his sweeping deportation agenda. @politico.com www.politico.com/news/2025/05...

Ahead of a sales tax increase in Japan in April 1997, consumers bought a bunch of stuff. You'll never guess what happened next

yesterday @spencerjakab.bsky.social cited Billy Ray Valentine saying his kid would not get the GI Joe with the Kung Fu grip.

Here’s an oldie but a goodie. 🤡

NYT Page One: “There have never been 100 days like this.” @nytimes.com

@spencerjakab.bsky.social wins the morning newsletter competition today. www.wsj.com/newsletters/...

“Give us the actual date.” 🙃 @acyn.bsky.social

BREAKING: Astronaut, Nobel Prize winner, former Goldman Sachs CEO (and purportedly former member of the U.S. Congress) sentenced to seven years in prison.

Another normal day for financial markets. 😕

My favorite part of tax day idiocy is printing out the piece of paper telling me about the "Paperwork Reduction Act."

* Lutnick Says Tariff Pause on Phones, Computers Is Temporary @bloomberg.com $AAPL $DELL

😕

I don't know why I continue to be surprised by how brazen this all is.

Currently at Disney with the kids and realizing how much better it would be if there were some sort of tax you pay to move between Adventureland and Tomorrowland.

Studio Ghibli version of Ali Vs. Liston

the world's worst poker player was bluffing at the pot at <2 AM>

Do subscribe to @spencerjakab.bsky.social 's daily newsletter. marketsam.cmail20.com/t/d-e-sihjyi...

Well, I guess that means they all just “resigned”.

What passes for "deal flow" this week is actuality a couple of cautionary tales: 2018 PE pays $6.9b for $DNB 2025 PE sell $DNB for $4b another PE 2015 $DLTR buys $FDO for $9b 2025 DTR sells FDO to PE for $1b

(WaPo) - The Social Security Administration website crashed four times in 10 days this month, blocking millions of retirees and disabled Americans from logging in to their online accounts .. @washingtonpost.com www.washingtonpost.com/politics/202...

Well, this is embarrassing (not as embarrassing as sharing secret war plans, mind you). I misplaced my password to this site and in the meantime neglected to spam you all with the link to my free daily WSJ newsletter: www.wsj.com/newsletters/... Which means (cotninued)

New Orleans P.D.? I'd like to report a murder.

My top Super Bowl memory is when Musk tweeted “Go Eagles” in 2023 from the game and then deleted it after a similar tweet from Biden got more engagement. Then he flew to Twitter HQ and demanded his workers find out why his posts were doing poorly, starting a multi-day fact finding mission.

For those not familiar with how financial markets work, US Treasuries are the ultimate safe asset, used as collateral for everything. Even a hint that some Treasuries might not be honored could bring everything to a screeching halt 1/

I guess that’s one way to dismantle the CIA. Just send out everyone’s name.

From a colleague who worked for for USAID until he was abruptly fired last week. As he says, courts take time. If you shatter things with a hammer it doesn’t matter if the courts eventually rule in your favor. You destroy lives—of government workers and of millions of poor people around the world.

Is Musk still having private, undisclosed conversations with Putin? Does anyone even care?