Richard Bookbinder

Focus on #sustainability. Adj Prof at #WashingtonCollege & Student Managed Inv Fund. Avid photographer. Recently in #Antarctica & 2020 Alaska Iditarod.

[Richard Bookbinder @TerraVerdeCap]

@kgreifeld Katie, Jay Powell and Co are not in the business of bailing out NVDA and other tech investors. They are still”data dependent.” And waiting for August unemployment and other results. The only emergency is the cardiac arrest that may be impacting many investors.

[Lawrence H. Summers @LHSummers]

President Biden has supported what I think is a sound activist approach to economic policy. President Trump showed us what he was made of during his four years in office and even more clearly has showed us what his intentions are without the superstructure of restraint that surrounded him during his first term.

[Richard Bookbinder @TerraVerdeCap]

@SheilaBair2013 Sheila, I’ll sign up for that as well in 2024.

[Sheila Bair @SheilaBair2013]

Social media made $11 billion in U.S. ad sales from minors and therefore has ‘overwhelming financial incentives’ to avoid protecting children, study finds https://t.co/X4dRRzcoRf

[Lisa Abramowicz @lisaabramowicz1]

"I strongly suspect that the bond bull market that began in the early 1980s is over...The steady economic expansion that followed the 2008 financial crisis is no longer relevant. The paradigm has shifted, and higher yields are back:" Ex-NY Fed's Dudley https://t.co/5dZ0jMRYBN

[Lisa Abramowicz @lisaabramowicz1]

Investors are throwing in the towel on hopes for near-term central bank rate cuts. Global bond yields are at the highest levels since 2009 as economic data keeps coming in hotter than expected. https://t.co/Z0wrSZUyml

[Bill McKibben @billmckibben]

Happy 88th birthday to the Social Security system, from all of us @ThirdActOrg.
We have members who were alive when FDR signed the law, and we will make sure it is alive for our grandkids
https://t.co/7pxLfcYmQE

[Lisa Abramowicz @lisaabramowicz1]

Rates on 30-year mortgages in the US are now the highest since 2000, at 7.53%. h/t @tomkeene One key question right now is when this will start to drag on home prices in a more substantial way.

[Richard Bookbinder @TerraVerdeCap]

A #climate wake-up call you can't ignore: #Antarctica had the most extreme heatwave ever recorded, says @lararhiannonw https://t.co/0Kuvtlaj6r via @opinion

[Katie Greifeld @kgreifeld]

3.5%… sheesh

[Lawrence H. Summers @LHSummers]

I don’t think we can yet be confident that we’re not going to see a real acceleration of inflation at some point down the road.
⁦ https://t.co/Ii26OSqvtk

[Lisa Abramowicz @lisaabramowicz1]

Spreads on US high-yield bonds are the lowest since April 2022. Financial conditions are loosening at a fairly steady clip, even as the Fed prepares to hike rates to the highest level since 2001.

[Christiana Figueres @CFigueres]

No words.

[Richard Bookbinder @TerraVerdeCap]

The US will muster enough strength to avoid slipping into a #recession, fresh #CongressionalBudgetOffice estimates show. Wow, what is the track record of the #CBO? https://t.co/zSkgQiQz3j via @economics

[Michael Beschloss @BeschlossDC]

R.I.P., Twitter (2006-2023):

[Katie Greifeld @kgreifeld]

this depresses me

[Lawrence H. Summers @LHSummers]

NYC spends $38k per pupil and most kids don’t learn at grade level and 100k a year drop out. There are similar stories across the country. This should be the focus of American education policy debate not the nuances of admissions policies at elite schools.

[Richard Bookbinder @TerraVerdeCap]

Unemployment is at historic lows. Inflation is moderating. And #America’smiddleclass is stressed out about the economic outlook. https://t.co/GSMR2ShPO0 via @bbgvisualdata

[Richard Bookbinder @TerraVerdeCap]

From Bitcoin’s slump to Terra’s collapse and FTX’s sudden implosion, here’s how crypto’s horrible 2022 unleashed a cascade of contagion https://t.co/UOG7TfaRUG via @bbgvisualdata

[Richard Bookbinder @TerraVerdeCap]

From #Bitcoin’s slump to #Terra’s collapse and #FTX’s sudden implosion, here’s how crypto’s horrible 2022 unleashed a cascade of contagion. This is a great summary of who did what and when. https://t.co/UOG7TfaRUG via @bbgvisualdata