From the guy who tried hard to shill you Web3.0 and insisted the internet would democratize the news and make us better informed citizens, making better decisions. Hahahahaha
Tim Fernholz@timfernholz.com · 4d agoterrific profile of Marc Andreesen. Turns out most of the stuff he's big mad about never happened. www.bloomberg.com/news/feature...
Every completed Republican presidency since 1980 left a larger deficit than it inherited Every completed Democratic presidency since 1980 left a smaller one.
Zervos dances around Trump pissing all over the Fed to politicize it, but Powell going to a Supreme Court hearing is where he draws the line? GTFO. I never thought Zervos would go full weasel dick.
The Fed’s preferred inflation gauge. Above target for 65 consecutive months. (via Bianco)
Clarity Act, TL;DR: Trump was never going to agree to anything that limited his ability to grift.
In light of the news of Santelli's retirement, probably a good time to repost one of the greatest CNBC moments ever. www.youtube.com/watch?v=EU9U...
Steve Liesman Embarrasses Rick Santelli On CNBC
YouTube video by Iasg beòil
youtube.com
BREAKING: $NVDA announces a 50 basis point cut and confirms future easing bias. No AI companies dissented.
Remember, the optimistic case for Warsh right now is that his campaign for Fed Chair was dishonest, he lied to Trump to get the job, and he's still the inflation hawk he always had been. Can't be a good thing for institutional credibility.
CNBC: Hedge funds are beginning to put on tactical shorts in the semis. SMH (and I dont mean the ETF)
