What % of US marketable debt outstanding do you think Japan owns? Hint: total marketable Treasury debt was $30.9trn in May, the latest month for which we have foreign holders data available.

Replace "next administration" with "housing market for the next few years" and we got a discourse cookin'

Regime Accountant, CPA ☠️🎢@regimecpa.bsky.social · 26m ago

I'm not really convinced higher bond rates are going to be such a huge issue as to meaningfully constrain the next administration.

Lost in all the election news — Israel just imprisoned an American teen. Soldiers raided Adam's family home in the West Bank right before his sister’s grad party. The soldiers were shown his US passport and apparently didn’t care, disregarding it. As they took him, they blew kisses at his mom.

Israel Has Imprisoned a 16-Year-Old Palestinian-American Boy for Two Weeks

Adam Karakrah is one of at least two Americans in Israeli prison – both held while Trump hosted Netanyahu for the eighth time.

zeteo.com

A fun* thing about the map and comment attached to it is that you can see the Black Belt clear as day. *not actually fun

Roy G Biv@plunkettprime.bsky.social · 6mo ago

Wisconsin continues to ASTOUND me (Those 🟢 areas are universally irredeemable btw)

Reporting on discussions of proposed communication and policy changes is “backroom gossip”? This is a transparently weak look for the Treasury Secretary of the USA that will not intimidate any of the sources in @nicktimiraos.bsky.social very solid reporting

"Jeff Dean, one of Google’s earliest employees and an architect of its artificial-intelligence strategy for the past 15 years, is leaving the company to launch an AI startup focused on scientific discovery."

Google’s Chief Scientist Is Leaving After 27 Years—to Start His Own AI Company

Three other longtime Google scientists will join Jeff Dean to launch Discovery Loop, which will apply automated AI research to drug design and other challenges.

wsj.com

oh it's getting real *INFANTINO OFFERS MOROCCO WORLD CUP FINAL FOR SUPPORT: TIMES

Since the LEO bottom - five days ago, these are the gains on Leo's stocks that he sold to Citadel. $TE 51% $NBIS 51% $CRWV 51% $BE 39% $SNDK 40% $SHAZ 38% $IREN 39% $CORZ 25% $SKHY 21%

Y'all don't need me to tell you this but @nicktimiraos.bsky.social is an excellent reporter and does excellent economic and monetary policy analysis *in addition to* his very good sourcing inside the Federal Reserve.

Michael Derby@michaelsderby.bsky.social · 2h ago

As evidence for Warsh’s rough start as Fed chair, the Treasury secretary is now going after reporters for their coverage of the central bank.

In other Michigan news, the state looks set to elect it's first transgender lawmaker. Joanna Whaley won her Democratic primary and will compete in November for a state house seat, beating a primary opponent who tried and failed to disqualify her for not running under her deadname

In 2022, its 1,500 available spots didn’t even sell out. In 2023, it took at least a month. Now? Chaos.

Théoden Janes: Charlotte has a 5K that sells out like a Taylor Swift concert. Why?

In 2022, its 1,500 available spots didn’t even sell out. In 2023, it took at least a month. Now? Chaos.

bit.ly

Did Slok even bother to edit his ChatGPT slop defense of Warsh?

"As part of the partnership, Patel has brought officials from China's Ministry of Public Security, or MPS, to multiple FBI facilities in the United States to share ​intelligence and investigative information."

EXCLUSIVE: Under Patel, FBI forges unprecedented law enforcement ties with China, Russia

FBI Director Kash Patel says he has forged new law enforcement partnerships with China and Russia, two longtime U.S. rivals, over the past year in hopes of gaining allies in combating transnational cr...

reuters.com

Waking up to discover what was expected to be a hotly contested fight result last night after my bedtime turned out to be very one-sided for the good guys. That's right folks, CLT FC 3 - Pumas 0

S&P 500 +1.5% with VIX Index +0.5pts for the first time since July 15, 2009

And this was (duh) driven by a big increase in implied vol on the call side. Put implied volatility virtually unchanged!

Record daily call volumes in $SPY yesterday This is how you get spot up vol up!

Incredible scenes where Citadel went from ~flat to +6% because somebody else didn't understand leverage.

The VoteHub Forecast rates NC-11 as highly competitive. Before Edwards withdrew, it gave Democratic nominee Jamie Ager a 58% chance of defeating him.

VoteHub@votehub.com · 8h ago

NEWS — Embattled Republican Rep. Chuck Edwards has withdrawn from the NC-11 race. He says he will serve out his current term.

Oh my god I think I found the video.

CSketch@csketch.bsky.social · 24h ago

Another Fed official--this time KC Fed's Schmid--is ready to hike rates and he says so clearly: "⁠I believe that bringing inflation down to the Fed’s 2 percent objective will require tighter policy.”

Fed's Schmid calls for tighter monetary policy to tamp down on 'too high' inflation

Federal Reserve Bank of Kansas City President ​Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to ‌get “too high” inflation back to the 2% target.

reuters.com

It's revealing that the more serious architects of Abenomics -- Hamada, Kuroda -- have been scathing in their criticism.

I am asking very calmly and reasonably: what the hell is going on in Japan rn. (Brief or maybe not brief thread to follow)

Reuters@reuters.com · 17h ago

Japan PM Takaichi asked BOJ to buy more bonds when needed, Jiji reports reut.rs/45FsxCd

“Hybridity” is giving off a new kind of Hitler particle never previously observed.

Cuddles_the_destroyer@cuddlessmash.bsky.social · 18h ago

what the fuck am I reading lmao

new car salesmen-ass argument but leftishly????

This is uh...uh...uh...uhgly. ir.lucidmotors.com/news-release...

Lucid Announces Operational Reset and Second Quarter 2026 Results | Lucid Group, Inc.

Transformation program   launched,   starting with   a   focus on   Back-to-Basics Identified $1.4 billion cash flow improvement opportunities in 2026 across operating expenses, capital expenditures, ...

ir.lucidmotors.com

I hopped on to chat with Ed and give myself brain damage listening to Everyone's Least Optimal Nutcase. We just talked about this, which is the most fictional guide I've seen in a long time *SPACEX SEES $100 BILLION ARR BY YEAR-END: CFO

e.w. niedermeyer@niedermeyer.online · 2w ago

you're goddamn right I'm going to livestream the first-ever SpaceX earnings call on the AT Protocol put it on your calendar now: August 4, 2026, following market close at 4:30 PM Eastern stream.place/niedermeyer.online

AI deployment tidbit from subprime auto lender $CACC. 67% of inbound customer service/account solutions calls were routed to an AI agent in June versus 27% in March. "We expect further gains in call handling and unit economics as we scale this platform throughout 2026."

*SPACEX 2Q REV. $7.8B, EST. $6.81B *SPACEX 2Q AI SEGMENT OPER LOSS $1.26B, EST. LOSS $2.39B *SPACEX 2Q ADJ. EBITDA $3.5B, EST. $2B *SPACEX ENDED 2Q WITH $47.5B BACKLOG *SPACEX 2Q CAPEX $18.37B