Hello everyone! A year on from Liberation Day, this video explaining why "reciprocal" tariffs were nonsense has been nominated for a Webby. Please vote for it!
RIP Alan Greenspan, the Federal Reserve chairman who guided a then-record US economic expansion, with policies that arguably fueled the 2008 financial crisis, has died. He was 100. https://t.co/EmFxLpdUop
Boing! Bouncing is what markets do best, writes @johnauthers. But the concentration underlying indexes is still looking dangerous https://t.co/bpOQhVPOjh
Vanguard can celebrate the va-va-VOOm of the world's first trillion-dollar ETF, writes @johnauthers. But there's a lesson in Magellan's fate https://t.co/ZV2uQM8VVc
The theme in energy markets in the 4th qtr of 2025 was the glut in crude inventory. No one is swimming in crude now as inventories continue to draw down. Chart courtesy of @johnauthers
@Rolo14073750661@GTalevi What makes you think I said this? There's nothing wrong with going public. Of course there isn't.
The questions concern the governance of the company for the future, and the valuation.
This is very, very interesting, from @JanetLorin: Princeton University’s endowment is backtracking on its pledge to divest from publicly traded oil and gas companies, four years after it said it would exit such holdings as way to move toward a net-zero portfolio https://t.co/BjbwNtFlpP
Let's see how convincing Kevin Warsh can be in the new era of the Fed Chair being less able to dictate the path of policy. Warsh's Dallas Fed Trimmed Mean PCE could support lower rates. The traditional Core PCE not so much. Chart courtesy of @johnauthers
Beware of declaring 'mission accomplished.' @johnauthers writes that three months on, the Iran war has been a debacle, though stocks are euphoric https://t.co/FiSDIdDbMW
Markets aren't working as Trump's guardrail to get the Strait of Hormuz reopened, writes @johnauthers. It comes down to volatility https://t.co/vEYHmjba9b