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)
Karp wants everyone to trust him with their most sensitive data and assets while coming across in pretty much every interview as angry and unhinged. $PLTR
Verbose and grandiose. Bernanke, Yellen, Powell all had genuine humility. Gonna miss that.
NYT opinion editors publish these types of things *because* progs will tweet angrily about it, which they interpret as, "this writer gets the right people angry, this writer is provocative, this writer gets talked about." Angry tweets only confirm/reward their initial instinct to publish this stuff.
Alan Elrod@aselrod.bsky.social · 2mo agoThe easiest way to end up in the NYT Opinion section is to be someone they perceive as “progressive” arguing that progressives actually have to capitulate to the right on x issue
Trump has won this war 7 times. He’s negotiated the peace settlement 12 times. And he’s opened the Strait of Hormuz at least 4 times. What more do you want from him?
McCormick Introduces New Transdermal Gravy Patch
McCormick Introduces New Transdermal Gravy Patch
HUNT VALLEY, MD—Hailing the product as a life-changing alternative for those in need of controlled withdrawal solutions, officials at packaged food giant McCormick & Co. introduced a first-of-its-kind...
theonion.com
"If it weren't for the carried interest loophole, I don't know how I'd pay for gas and groceries." -Sheila, Shreveport, LA
Why would anyone ever want to give Bill Ackman capital again after all of his tweets--many of which he knew to be false and incendiary? Yeah, maybe if you're also Israel first and that leads you to fall for the affinity grift, but other than that, why?
Kevin Warsh is leaning on the Dallas Fed’s Trimmed Mean Inflation measure (b/c it’s going down) at a time when the Dallas Fed itself is warning that it maybe misleading because it is calibrated to an era of low inflation that we are no longer in www.dallasfed.org/research/eco...
Skewness warrants caution as Trimmed Mean PCE inflation eases
Divergence of core and trimmed mean inflation readings prompt reassessment of which one is the best indicator of medium-term trend.
dallasfed.org