Dow

Dogs of the Dow are here now

No one needs to see dogs having fun in swimming pool 

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

Every completed Republican presidency since 1980 left a larger deficit than it inherited Every completed Democratic presidency since 1980 left a smaller one.

OATs and gilts and bears, oh my

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.

Buy or sell? cc: @hmeisler.bsky.social

The hikes will continue until morale improves

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.

Everyone has been catching waves in this epic run of surf

I A M T H E H O U S E

New family member Mark @dow.bsky.social

Weekend

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...

Marking the end of an error...

Tech support is here.

> @dow.bsky.social

BREAKING: $NVDA announces a 50 basis point cut and confirms future easing bias. No AI companies dissented.

Can't watch this enough times x.com/atrupar/stat...

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)

KOSPI at support 👀

Still

Buy or sell?

Weekend

Not Texas

Otter of Unusual Size

GSD Ziggy swimming. You’re welcome.

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

Warsh comes across smarmy and unctuous

Still

Verbose and grandiose. Bernanke, Yellen, Powell all had genuine humility. Gonna miss that.

Good time for some T-bill and chill

Summertime

Underwriter trading desk this morning:

Buy or sell?

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.

IYKYK

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?

HOW MANY PALLETS OF CASH IS $300B?

McCormick Introduces New Transdermal Gravy Patch

Beep, Beep!

“Don’t rush me on Iran. Remember, the Reconquista lasted 800 years“

"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...