ICE snatched up a Senegalese college basketball player with an ACL injury in a Kentucky airport. She’s “in so much pain” and needs surgery, but is being transferred from camp to camp with little more than ibuprofen. www.kentucky.com/news/state/k...
Julia Coronado
@jc-econ.bsky.social
Founder MPP (yeah you know me), UT Austin Prof, former chief economist various financial firms, Fed economist, Prez NABE. Passionate about family, macro, cats and freedom
The bond market is the most interesting and important summary statistic for (gestures wildly) all this
This is one of the key sectors that could drive another season of firm Q1 price increases keeping consumer inflation above the Fed’s 2% target
Healthcare is going to get even more expensive, even if you get it through your employer. Don't forget to thank Republicans in Congress for that!
As spending outstrips profits companies are turning to off balance sheet borrowing structures to maintain investment grade credit ratings…MS estimates $3.1trn in commitments…I don’t mean to be an old fogie but this sounds awfully familiar 🤔 giftarticle.ft.com/giftarticle/...
Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets
Wall Street finds new way to turn tech giants’ credit strength into cheaper funding for AI build-out
giftarticle.ft.com
CNN: US is preparing a large-scale military operation against Yemen's Houthis in retaliation for their strikes on Saudi Arabia, with the Camp David meeting held to review Yemen strike options, shortly before Trump left for the White House.
The 2025 American Community Survey should have come out today. But it has been delayed because of unusual political encroachment at Census. ACS drives business and policy decisions, especially in local communities, and is the primary input to Census’s immigration estimates.
This is the part many Americans -- including the Bezosites at the Washington Post -- don't understand. Canadians don't see this just as a Trump thing. It's that America elected him twice, and the second time with an even bigger mandate. The problem we're addressing is America, not Trump.
"Out of spite for President Donald Trump, Carney is accelerating the decoupling of a trade bloc that has generated enormous prosperity for North America." Seriously, Wapo editorial - you're going with Canadian spite? www.washingtonpost.com/opinions/202...
The Federal Reserve raised interest rates for the first time in three years. It comes as the war in Iran continues to put pressure on prices. https://to.pbs.org/4huWU4V
Interest rate hike a ‘reassuring’ sign Fed is acting independently, economist says
The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Cha...
to.pbs.org
Trump said just now that he thinks Warsh has a "hostile board." He could act at any time to fire Lisa Cook. The Supreme Court said she was entitled to an explanation of the evidence and a chance to respond. Those boxes have been checked. Trump could order the firing at any time.
Nominal retail sales surged in Aug after an unusual July decline. The monthly noise comes from a shift in the timing of Prime Day and on a 3m basis growth in consumer spending is steady and solid
📊 What do the latest inflation and employment reports signal? And what does the Federal Reserve’s latest decision mean for you business, your finances and the economic outlook? 🎙️Look no further than @nabe_econ ECON-versations #podcast ! linktr.ee/nabe_econ
Our Q3 Shadow Survey of Market Participants included the views of 111 respondents and we followed up with a Flash version after Aug CPI--a 25bp rate hike is now widely expected, particularly after Friday's inflation data...1/4 @laurarosner.bsky.social @courtneyshupert.bsky.social
The financing gap is the difference b/w capex and internal cash flow for nonfinancial corps, it represents the demand for external funding (debt). New data for Q2 from the Fed show the 4-quarter avg is the largest on record (though it is not as outsized as a % of nominal GDP)
See this island in the middle of the Red Sea's narrowest point? Iranian-backed Houthi rebels just seized it, along with the Mokha port (where mocha coffee got its name from) today. Good luck Saudi Arabia.
#BREAKING Houthis have seized control of Yemen's entire Red Sea coast: govt military official
Take our flash survey! Just a few quick questions meant to capture views after the August CPI. We greatly appreciate your participation and will publish results end of day: Link here: survey.alchemer.com/s3/8989143/M...
Firm August core CPI inflation and PCE translation likely locks in a rate hike...and probably not just one. Inflation is not necessarily accelerating, but nor is it moving to the Fed's 2% target
Last call for our survey! We close it up tonight. Link here: survey.alchemer.com/s3/8984436/M...
The Q3 Shadow Survey of Market Participants is a great way to prepare for the next two weeks--will the Fed hike? Is it dependent on the next inflation print? Provide your views and you will receive the views of ~100 others ahead of the Fed meeting. Link here: survey.alchemer.com/s3/8984436/M...
Neither bear flattening or steepening, just bearing
Greys Anatomy Grizzly Bear Roaring
ALT: Greys Anatomy Grizzly Bear Roaring
static.klipy.com
Not a huge move but the ginormous US Treasury market is not impressed with the buyback announcement from "the house"
Almost 200 women died after an ectopic pregnancy from 2020-2025, compared with about 100 in the previous six years, CDC data shows. Abortion bans make exceptions for ectopic pregnancies, but getting a definitive diagnosis can mean waiting days or weeks.
Ectopic Pregnancy Deaths Have Nearly Doubled. It’s Worse in States With Abortion Bans.
With prompt and appropriate medical care, experts say, people shouldn’t die from an ectopic pregnancy. Women in Texas and Oklahoma have sued over delays in care, which, coupled with our new analysis, ...
propublica.org
Coxon said he is leaving the company “because he doesn’t want to participate in an industrywide rush to build AI systems that can improve themselves, worried such systems could spiral out of control and destroy humanity.” @wsj.com www.wsj.com/tech/ai/anth...
The Q3 Shadow Survey of Market Participants is a great way to prepare for the next two weeks--will the Fed hike? Is it dependent on the next inflation print? Provide your views and you will receive the views of ~100 others ahead of the Fed meeting. Link here: survey.alchemer.com/s3/8984436/M...