@matthewlambert.bsky.social
Waxing poetic while eating my curds and whey.
David Ellison may think we are stupid, but we know who he is. We know what he has done to CBS. We know what he wants to do to CNN. Support independent media.
The K-shaped economy that Bessent loathes, peons 🙄https://bsky.app/profile/bobeunlimited.bsky.social/post/3msbfpdjfqu2r
Bob Elliott@bobeunlimited.bsky.social · yesterdayThe most comprehensive wage growth data released late last week showed continued slowing, and further confirmed the surge in household spending increasingly financed by dissaving.
Adam Parker, who in early june loved semis but a week ago, did not like semis. A week ago he liked energy. Today he likes semis. SMPT
’When large cap growth underperformed by as much and for as long as it has in the current period during 2001 and again in 2022, it marked the start of bear markets.’ paulsenperspectives.substack.com/p/observatio... by @jimwpaulsen.bsky.social
“.. Bank of America says the market's reaction to Kevin Warsh resembles an emerging market facing a credibility shock.” @weisenthal.bsky.social
SPAIN NEW TESLA REGISTRATIONS FALL 81.3% Y/Y IN JULY TO 131 CARS, ANFAC INDUSTRY GROUP SAYS
Feels like a big cultural transition point — the cover band at the neighborhood pool back to school party is playing ‘90s rock instead of ‘70s rock.
FEDWATCH: “.. There is a good chance the BOJ and Treasury will be back in the market if the Yen drifts weaker .. But the second time the BOJ/Treasury comes around, the surprise element is far less, and FX markets could easily trade through the level of intervention ..” $JPY
Mexico now exports more hardware for data centres than it does cars - quite the reshaping of an economy... New, with Christine Murray www.ft.com/content/ac32...
YoY growth rate in spending on information processing equipment. Genuinely curious to see how this works out:
‘A pair of IPOs by debt-laden, private equity-backed consumer companies drew tepid investor response on Thursday, as shares of sandwich maker Jersey Mike’s fell 6 per cent and fashion retailer Reformation ended flat.’ www.ft.com/content/aa29...
Sandwich maker Jersey Mike’s and retailer Reformation fail to excite IPO investors
Reformation and Jersey Mike’s test market appetite for consumer sector that has faced twin pressures
ft.com
‘The warning, set out in new documents from the standard-setting body for US state insurance regulators, cuts to a growing concern that the investments filling insurance balance sheets could harbour greater risks than policyholders or investors perceive.’ www.ft.com/content/4de8...
US regulators cite ‘circular’ risk in investments used by KKR and Apollo
Warning signals growing concern that investments filling insurance balance sheets could harbour unseen risk
ft.com
It will be a heated summer of “family fights” within the Fed. Unclear that Jackson Hole Symposium will change the narrative - could expose more divisions depending on how Warsh approaches the speech he gives. www.linkedin.com/posts/beth-h...
At this week’s meeting of the Federal Open Market Committee (FOMC), I dissented in favor of raising the federal funds rate. Inflation has been too high for too long. In my view, now is the time for…...
At this week’s meeting of the Federal Open Market Committee (FOMC), I dissented in favor of raising the federal funds rate. Inflation has been too high for too long. In my view, now is the time for ...
linkedin.com
RBADVISERS: “.. More evidence speculation is driving stocks. Margin debt is a prime contributor to brokerage stock performance. Both up a lot over the past 3 years.”
RBADVISERS: “.. Jobless claims (LEADING Indicator!!) continue to scream the US is replaying the Guns & Butter period of the 1960s that fueled the early stages of the 1960s/1970s inflation spiral.”
Every time Japan intervenes, that's a force for US yields to go higher. That's because Japan sells Treasuries to get Dollars it then uses to buy Yen. The latest intervention comes at a time when there's upward pressure on long-term yields anyway post-Fed... robinjbrooks.substack.com/p/how-the-we...
The Bond Market Doesn’t Like Bullshit.
The Bond Market Doesn’t Like Bullshit
Why Kevin Warsh just bombed
paulkrugman.substack.com
ANTHROPIC: “.. we found three incidents in which a Claude model reached the internet from within or while interacting with a third-party evaluation environment, and then gained unauthorized access to the real systems of three different organizations.” www.anthropic.com/news/investi...
‘Corporate insiders are more bearish than they have been in decades.’ www.marketwatch.com/story/the-wa...
Fitch Ratings: US private credit default rate reaches new high in 2Q 2026
’Breaking down Wednesday’s carnage, Krinsky said the MS Sector-Neutral Momentum Index has seen its worst four-day decline on record at 17.4%. That surpassed the drops after the dot-com bust, 2022 and post-COVID.‘ www.marketwatch.com/story/wall-s...
‘When margin calls hit, that capital becomes impaired and rarely comes back. For the bull market to regain new highs, this impaired capital has to somehow be replaced with new capital and a fresh narrative - a repair process that takes a long time, if at all.‘ www.fidenzamacro.com/p/july-2026-...
July 2026 - A turning point in the AI supercycle
March 2000. March 2008. January 2020. December 2022. Certain months stand out in my memory as turning points that preceded violent upheavals in markets. I believe we will look back on this past month ...
fidenzamacro.com
ZANDI: “.. The longer the Iran war drags on, .. the more likely .. consumers are to pull back — and take the rest of the economy with them.”
USDJPY getting spicy. sitting on its biggest rally since late April *YEN GAINS IN SHARP MOVE, STOKING INTERVENTION SPECULATION
US Atlanta Fed GDPNow Q3 Initial: 4.95% - GDPNow Q2: 1.50% (prev 1.54%) www.atlantafed.org/research-and...
