After I left Yahoo Finance two months ago, I started The Rick Report on Substack to experiment with self-publishing The Rick Report is growing up It’s now The Pinpoint Press ~ serving pragmatists, moderates and sensible people everywhere Check it out ~ open.substack.com/pub/ricknewm...

Dan Ives, forever glass half-full: Trump and Musk Beef Weighing on Tesla Shares; Friends Again Soon?

Just had a real “I’m old” + NYC moment: Schiller’s is now a Shake Shack!?!

Ihor Dusaniwsky of S3 Partners, who analyzes short-selling trends, to @yahoofinance.com: "Everyone who had a pocketful of money is reaching into a dusty little pocket" after today's rally.

The sectoral tariffs (autos, steel/aluminum) still seem to be in effect. And pharma could be coming.

BE COOL HANK TOUGH HAVE FUN

TRUMP: RAISING CHINA TARIFF TO 125%, EFFECTIVE IMMEDIATELY

Will a Trump Tree covered by handmade decorations be the 2025 version of a victory garden? finance.yahoo.com/news/trump-c...

Did anyone actually watch the Hassett interview on Fox and heard him say "90-day pause"?

Looks like he had to rip it up and rewrite this weekend.

This is absolutely stunning and moving and just an incredible piece of writing. Thanks to @taffyakner.bsky.social for writing it.

YESSSSS the Grateful Dead q's for Powell @mckonomy.bsky.social

Nasdaq 100 is set to close in a bear market (down 20% from its high). Closing level to watch is 17,740.48.

8 THOUGHT ON ONE OF THE CRAZIEST DAYS EVER From the newsletter. Subscribe here. www.bloomberg.com/account/news...

Let's play a fun game and see how many market strategists say "this is a negotiating tactic" in the next 24 hours.

Instead we get "groceries, it's such an old-fashioned word."

All of the country-specific tariffs are on top of a 10% baseline tariff.

The Vietnam and Cambodia tariffs are bad, bad news for the clothing & footwear manufacturers who moved supply chains after Trump 1.0 tariffs.

Dance video that Sritala (aka Patravadi Mejudhon) shows Frank (aka Sam Rockwell) on White Lotus. (via Vulture) Hold my calls, I'll be playing this on loop all day. Start at 2:30. www.youtube.com/watch?v=nn5j...

S&P 500 level to watch today --> 5,521.52. That was the March 13 close and the low of the year.

TIL that Isuzu is a) still in business and b) produces all of its cars in the US.

"spectacularly unpopular?" Does the NYP actually know anyone who lives or works in NYC? nypost.com/2025/02/19/u...

BBG: Taiwan Semiconductor Manufacturing Co. is considering taking a controlling stake in Intel Corp.’s factories at the request of Trump administration officials, a person familiar with the matter said. It’s unclear whether Intel is open to a transaction. 🫣

With Tesla shares down more than 30% from their record close in mid-December, we talked to one analyst about what he calls the disconnect between sentiment and fundamentals. finance.yahoo.com/video/teslas...

Tesla net favorability falls to new low: Stifel. (Analyst Stephen Gengaro discusses in the video beginning at around 4:50). $TSLA finance.yahoo.com/news/why-tes...

Grateful to @juleshyman.bsky.social and Josh Lipton for having me on to chat about the state of the labor market, uncertainty over big government policies, and how AI is affecting (or not yet affecting) the economy. A wide-ranging and fun conversation! finance.yahoo.com/video/immigr...

This is what Trump just said: "Nissan is going to be doing something very exciting about US steel. They'll be looking at an investment rather than a purchase. US steel is a very important company to us." "They've agreed to invest heavily in US steel as opposed to own it." (He meant Nippon).

Confused about tomorrow's anticipated jobs report benchmark revisions? Or how the jobs report is calculated in general? I've got you. finance.yahoo.com/video/friday... (With the help, both direct and indirect, of people smarter than me like @econberger.bsky.social).

Date of release: Dec. 17, 2024. www.canada.ca/en/public-sa...

I mean, is this a confirmation? - “I would say yes. A lot of interest in TikTok, there’s great interest in TikTok,” he says when asked about Microsoft’s potential acquisition

While JPow's speaking, I'm checking the @yahoo-finance.bsky.social trending tickers page. @conorsen.bsky.social's been talking about speculative activity lately, & it's on full display. Top tickers: SOUN, QMCO (another random "quantum" co), KULR (wha?), LITM (huh?) finance.yahoo.com/markets/stoc...

This prompted me to get a little more granular: Best S&P performer since election: TSLA (no surprise there). No. 2? Axon, the artist formerly known as Taser. Worst performer: Amentum (Jacobs Engineering spinoff which is dropping out of the index).

Senator Kirsten Gillibrand just told us @yahoo-finance.bsky.social that Sen. Joni Ernst would be a good pick for Defense Secretary.

Did a deeper dive on the impact Trump's deportations are likely to have on the labor market. As one economist told me, "Take whatever [jobs] number you had in mind and subtract 100,000 a month.” finance.yahoo.com/news/us-labo...

The food industry is watching RFK Jr.'s ascent closely. Three possibilities if he's confirmed as HHS head: he constrains food stamp spending on packaged food; pushes for a sugar tax; bans certain ingredients. Great convo on the complexities involved. finance.yahoo.com/video/3-thin...

What sorcery do you all use to get everything to the table hot at the same time?

The Deutsche Bank economic team took a crack at quantifying the inflationary effect of 25% tariffs on Canadian & Mexican imports. I, in turn, took a crack at explaining their analysis: finance.yahoo.com/video/trumps...