Rodney Johnson

Editor, The Rodney Johnson Report and Rodney's Take at HS Dent Publishing

[Rodney Johnson @RJHSDent]

That cracking sound is the 10-year trying to break through 3%.

[Rodney Johnson @RJHSDent]

Putin took down markets before Powell could. Now what does Fed do in March? The odds of a more dovish message just increased dramatically

[Rodney Johnson @RJHSDent]

So Powell stays. Seems the markets were hoping for Brainard. Not sure it matters, as Fed governors, including Chair Powell, are focusing on almost anything BUT monetary policy lately.

[Rodney Johnson @RJHSDent]

Under #BuildBackBetter , Chevy Bolt is only EV that qualifies for full $12,500 tax credit. Do you have to buy them new, or can you buy them after they catch on fire?

[Rodney Johnson @RJHSDent]

If you think the labor market is tight today, just wait until we're nationally funding caregivers, daycare, etc. The pricing power pendulum at work will swing wide to employees. #TheGreatResignation

[Rodney Johnson @RJHSDent]

Apparently Biden's new plan doesn't remove cap on SALT deductions, leaving taxpayers in high-tax venues on the hook. Homes in Texas and Florida are going to get more expensive as more people move in...

[Rodney Johnson @RJHSDent]

#Tesla made $101 million selling #Bitcoin, $518 million selling emission credits, and lost $181 million selling cars. Not sustainable as GM and others bring EVs to market.

[Rodney Johnson @RJHSDent]

20m jobs lost thru the middle of Apr, another 10m after that... and yet stocks on fire. Buyers will be sorely disappointed with the pace of recovery.

[Rodney Johnson @RJHSDent]

I drove by Cracker Barrel last night... It was open, but had few cars in the parking lot. Once again, Boomers will determine economic growth. If older, wealthier Americans choose to avoid restaurants and crowded public places for months, the reopening will happen very slowly.

[Rodney Johnson @RJHSDent]

Remdesivir might be beneficial, and states are opening up, and the Dow is up 500 pts. Feels too far, too fast. Reopening will be slow, unemployment will remain high. Closing was an event. Reopening is a process.

[Rodney Johnson @RJHSDent]

Talking to friends, not sure people get what's coming. #Maymageddon is almost here. Unemployment shoots higher, rent and mortgage payments plummet, sales tax pukes. What business built on density of customers survives or thrives with social distancing?

[Rodney Johnson @RJHSDent]

Our new newsletters are available! Sign up and you'll get one on the first of the month from Harry, and middle of the month from me. We're offering 1/2 off, which will show at checkout, for a limited time. https://t.co/ASrmgTRZPd

[Rodney Johnson @RJHSDent]

The trouble with #oilprice isn't over. Suppliers cut almost 10m/bpd, or less than 10%, while consumption is down an estimated 40% or more. To abuse an analogy, this should be the canary in the oil well for other industries.

[Rodney Johnson @RJHSDent]

@Ferfalicious I bet you could get one cheap right now. After you clear out the oil, we could hold a big party.

[Rodney Johnson @RJHSDent]

Hmm. Can I rent a tanker truck or two, get paid $40/barrel for May delivery oil, and have it sit until June when I can deliver it elsewhere for $20?

[Rodney Johnson @RJHSDent]

Being in Texas, I think it was renamed OMG!

[Rodney Johnson @RJHSDent]

@Anand31875 See our website, https://t.co/mDvfGULvlE. You can sign up for our eletters now and we'll keep you posted about our upcoming newsletter that will be available later this month.

[Rodney Johnson @RJHSDent]

If you read our weekly digest, sign up now at https://t.co/mDvfGULvlE. I'll send it out around 1pm CDT. It's usually part of our paid content but I'm sending it out for free for the next several weeks.

[Rodney Johnson @RJHSDent]

And so it begins, the state finance massacre...https://t.co/cM33Y3ByKh

[Rodney Johnson @RJHSDent]

If you didn't get your Economy And Markets today, that's because the publisher chose to end that publication. We started a new one that you can sign up for at https://t.co/mDvfGULvlE.