Shawn Weidmann

[Steve Rattner @SteveRattner]

Trump and his allies lambasted Obama’s Iran nuclear deal for a decade.

Yet their proposed deal is objectively weaker than the JCPOA: fewer conditions, more money for Iran, and less nuclear oversight.

My @Morning_Joe Chart

[Shawn Weidmann @ShawnWeidmann]

100%

[Charlie Bilello @charliebilello]

The Fed expanded the money supply by over $9 trillion under Jerome Powell.

Inflation has averaged >4% per year over the past 6 years.

Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control.

The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

[Donald J. Trump @realDonaldTrump]

The deal with Iran will go down as one of the most incompetent ever made. The U.S. lost on virtually every point. We just don't win anymore!

[Republicans against Trump @RpsAgainstTrump]

There. Is. Always. A tweet.

[Shawn Weidmann @ShawnWeidmann]

@charliebilello SpaceX's annual sales would put them in the bottom third of the S&P500, similar to Lincoln National, Jacobs Solutions and Kohls.

[Charlie Bilello @charliebilello]

Insanity: with a market cap of $2.96 trillion, SpaceX just passed Microsoft to become the 4th largest company in the world.

Microsoft Sales: $318 billion
Microsoft Net Income: $125 billion

SpaceX Sales: $19 billion
SpaceX Net Income: -$9 billion

[Charlie Bilello @charliebilello]

SpaceX's market cap crossed above $3 trillion today in after hours trading.

That's higher than the market cap of Amazon ($2.65 trillion) & Microsoft ($2.97 trillion).

Microsoft Sales: $318 billion
Microsoft Net Income: $125 billion

Amazon Sales: $743 billion
Amazon Net Income: $91 billion

SpaceX Sales: $19 billion
SpaceX Net Income: -$9 billion

[Nikki Haley @NikkiHaley]

When government takes part ownership of a company taxpayers foot the bill, but they don’t get a say.

It’s not capitalism. And it’s certainly not conservative.

[Shawn Weidmann @ShawnWeidmann]

100%

[Charlie Bilello @charliebilello]

The Fed expanded the money supply by nearly $9 trillion under Powell.

Inflation has averaged >4% per year over the past 6 years.

Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control.

The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.

[Shawn Weidmann @ShawnWeidmann]

@wesbury @hicasamadim also solved differently:
2^2 + 2^2=8
5^2 + 5^2=50
6^2 + 6^2=72

[Super 70s Sports @Super70sSports]

Close your eyes and you will hear the sound of natural selection …

[Shawn Weidmann @ShawnWeidmann]

@d_tao t8ke!

[Charlie Bilello @charliebilello]

Price changes over last year (April CPI report)
Fuel Oil: +54.3%
Gasoline: +28.4%
Electricity: +6.1%
Transportation: +4.3%
Apparel: +4.2%
Overall CPI: +3.8%
Food away from home: +3.6%
Shelter: +3.3%
Medical Care: +3.2%
Gas Utilities: +3.0%
Food at home: +2.9%
New Cars: +0.2%
Used Cars: -2.7%

[Justin Wolfers @JustinWolfers]

So you're telling me that cutting tariffs leads to lower prices?

Fascinating.

[Shawn Weidmann @ShawnWeidmann]

@wesbury We've have very few new bills passed this year, and it seems likely that may also hold true for 2027 & '28. Congress not screwing up as much as usual is a sneaky tailwind for equity markets.

[Today in History @TodayinHistory]

This may be the most articulate response I’ve ever heard to this question.

[Trevor Noah @Trevornoah]

Why you need a reverse bucket list for a better life...

From the Arthur C. Brooks podcast episode.
Watch the full conversation on my YouTube channel.

[Shawn Weidmann @ShawnWeidmann]

Some states don't understand that they are competing for residents...other states are growing their tax payer base with high earners.

[Charlie Bilello @charliebilello]

The top 0.1% of income earners in California make 12% of the state's total income and pay 27% of total income taxes.

The bottom 50% of income earners make 12% of total income and pay 3% of total income taxes.

If the 0.1% leave, the revenue gap must be filled through higher taxes from everyone else or lower public spending.

[Shawn Weidmann @ShawnWeidmann]

@wesbury 100%

[Peter Mallouk @PeterMallouk]

The S&P 500 has returned an average of 12% per year since 1980 and has done so despite an average intra-year drawdown of 14%, and often drawdowns that are much worse.
The lesson? Volatility doesn’t equal a permanent financial loss unless you sell.