Award-winning writer of @TKerLLC, the newsletter about how the stock market usually goes up. 35k+ subs. Long-term optimist. Short-term cautious optimist.
Something I’ve enjoyed about the Knicks post season and the World Cup is watching all the people wearing bright colors and logos. It’s so much more visually interesting than than the bland neutral solid colors people have been wearing
It’s worth remembering that Forbes 30 Under 30 is actually like 600 people and a new list comes out every year. That’s like a shitload of alums. It’s statistically impossible to create an eye-poppingly long list of people and not have a ton of them eventually get busted for bad behavior
Air fares aren’t coming down, Delta Air Lines said Friday, even though the cost of jet fuel has fallen sharply.
In its second-quarter earnings report, the airline said its various measures of fares are up 11%-12% due to strong demand for travel, and that it sees “sustainability” in those fares. Delta CEO Ed Bastian said the strong demand for travel will keep fares high. https://t.co/jSTRDnxRRw
Wow. Great Investigation from @oliviasolon@jeffykao and Priyanjana Bengani on how Phia, a startup founded by Bill Gates’ daughter Phoebe, takes $$ from other outlets (e.g. Wirecutter) by surreptitiously injecting its affiliate code into transactions it didn’t actually generate.
"Total debt of nonfinancial businesses and households as a fraction of GDP continued to edge down over the first half of 2026 and currently stands at its lowest level since the early 2000s"
@awealthofcs@TheStalwart I've never thought about it this way before. But for the retiree, a pension is more bond-like where a 401k is of course more equity-like. Helps explain a lot
"Chairman Warsh has released an undeniably impressive roster to lead his monetary policy task forces. A Bill Pulte as DNI situation this is not." --@RenMacLLC 's Neil Dutta
I was going to make a joke about YIMBYism for stocks, that we need to create more shares, so that it lowers the price, and un-stocked people find it more affordable. But then I realized that's literally what's happening. New shares being created all over the place these days.
From Seoul to New York: @SKhynix brings its world-leading AI memory technology to U.S. public markets. Honored to welcome them to the @Nasdaq opening bell. https://t.co/X6SuAQhq7t