tom keene

bloomberg surveillance & bloomberg money, building my moat one brick at a time.

[tom keene @tomkeene]

Within the Commute: listen on @apple carplay
@android auto. on 99.1 FM WDC, 1130 AM NYC and
92.9 FM Boston. and, @SIRIUSXM 121.

Then, watch on @YouTube.

SUBSCRIBE to Bloomberg Podcasts. 7 to 10 a.m. Economics, Finance, Investment, International Relations. Bloomberg Surveillance. @YouTube Podcasts, @Apple Podcasts and @SpotifyPodcasts.

https://t.co/rd13IbjskZ

[tom keene @tomkeene]

It’s Brent + the ice spread on diesel converted to usd:barrels. $168 peakish Friday ~$163ish

[Bud Grohs @BudGrohs]

@tomkeene @yardeni Tom, I've been hearing you mention the refined barrel price of distillate lately, and I think you're referring to the price in Europe.
Is that a 42 gallon barrel, or a 55 gallon barrel?
When I was in the biz, we sold 42,000 gallon tenders.
Love your show!

[tom keene @tomkeene]

BLOOMBERG MONEY: Worried About College Costs? Listen to JPMorgan Asset Mgmt's Advice. TRICIA SCARLATA https://t.co/eE5vkV07f2 via @YouTube

[tom keene @tomkeene]

BLOOMBERG MONEY: Edward Yardeni on Investing, Inflation, Retirement https://t.co/Kl6LmiEXc0 via @YouTube

[tom keene @tomkeene]

and, as @yardeni said on Bloomberg Money Friday, rates are "back to normal'.

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

Mortgage rates remain in the middle of a range that began more than 4 years ago

[Krishna Memani @kkmaway]

My rule of thumb is every time Satya a d Karp say something is good for humanity...

My first instinct is to grab on to my wallet...close second is..figure out what's in it for them.

[tom keene @tomkeene]

Practical Approach

Keep feeding, turnout, and handling as consistent as possible, and introduce baby-related sounds and scents gradually so Gus doesn’t get a sudden shock from the new routine.

If His Worship (the horse, not the husband) becomes noticeably withdrawn, agitated, or difficult to handle, treat it as a routine/environment change problem first, not proof of jealousy.

[Katie Greifeld @kgreifeld]

SO! yday was my last day on @BloombergTV for the next few months. see you back on-air in 2027 👽✨

[Thierry from arvy 🇨🇭 @ThierryBorgeat]

The Tape Never Lies (Because Human Nature Never Changes)

Almost 100 years ago, Jesse Livermore, the most famous speculator who ever lived, published a hand-drawn chart in his notebook of how a stock behaves through its lifecycle.

An «Accumulation Cylinder with Widening Mouth»: higher highs, higher lows, the channel gradually broadening as more buyers discover the story. Wave after wave, each pullback finding support above the last, until the trend accelerates.

He drew that a hundred years ago.
With a pen.

And if you place it next to SharkNinja’s $SN weekly chart since the 2023 spin-off, the resemblance is almost eerie. The same stair-step advance. The same widening channel. The same rhythm of enthusiasm, doubt, and renewed conviction. Point after point, the stock has climbed the cylinder. And recently, it broke out above the upper boundary.

How can a sketch from the early 1900s describe a stock chart from 2026?

Because charts don’t measure companies. They measure people. Fear, greed, FOMO, regret.

[tom keene @tomkeene]

‘If you don’t sound like Daphne in Frasier, you are basically from Knightsbridge.’

…brilliant.

@JananQotd

https://t.co/OqkoifCCyt

[Andrea Lisi, CFA @Andrea_Lisi_CFA]

Hi Tom. I really appreciate your concerns about retirement worries and college costs. You know well the research the CFA is doing to encourage workers and companies on the importance of saving for retirement. However, the median American has around $100k in their 401k. That’s at least 10 times less than what they will need in retirement. Also not to underestimate is longevity risk; I believe AI will help us live much longer very quickly! Keep up the good work!

[tom keene @tomkeene]

Inflation Angst Returns, Micron Millionaires: Money Roundtable

especial gratitude to david gura who left the line at Ned’s Lobster in wiscasset, maine to appear.

https://t.co/hrhX7Hv5HL via @YouTube

[tom keene @tomkeene]

Retirement Worries, College Costs Soar | Bloomberg Money

thank you ed yardeni & tricia scarlata. a special thank you to bloomberg money lebron correspondent nikki waller for perspective.

https://t.co/Yni7QqlGPW via @YouTube

[Boston Strong @BostonStrong_34]

FINAL: Red Sox 6 Blue Jays 4

[tom keene @tomkeene]

tweet of the day

[Dividend Diplomats @DvdndDiplomats]

The best financial decision I ever made wasn't buying a stock.

It was investing every single month...

Even when the market was falling.

[Bloomberg TV @BloombergTV]

Tricia Scarlata, head of education savings for JPMorgan Asset Management, joins @scarletfu and @tomkeene on "Bloomberg Money."

They discuss the rising costs of college, the drop in government aid and how parents should approach savings https://t.co/jlmLdzJxUr

[Bloomberg TV @BloombergTV]

Bloomberg's Sarah Foster joins @scarletfu and @tomkeene on "Bloomberg Money," to discuss "The Odyssey," which is the first feature film shot entirely with Imax film cameras https://t.co/jN3zBqVoCX

[Bloomberg TV @BloombergTV]

@scarletfu and @tomkeene discuss their must-read book on "Bloomberg Money" https://t.co/Qik9T63QH7

[Barry Strauss @barrystrauss]

"You really do have to read the great books!" The Importance of Classics in the Age of AI. My conversation with @RyanHoliday for @dailystoic , https://t.co/QNXopmC7on

[International and Monetary Economics Network @int_mon_econ]

Great Books for Summer or Winter Reading!

"A History of Interest Rates" by Sidney Homer and Richard Sylla.

"A History of Interest Rates presents a very readable account of interest rate trends and lending practices over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, authors Homer and Sylla provide a highly detailed analysis of money markets and borrowing practices in major economies."

https://t.co/ZQ6CucAk6h

[Bloomberg TV @BloombergTV]

With the cost of college rising in America, how can parents maximize savings? JPMorgan's Tricia Scarlata tells Bloomberg Money that the "right way" is to start early and save often. Watch more of the conversation with @scarletfu and @tomkeene https://t.co/Hwx3507J6f

[Bloomberg TV @BloombergTV]

People retiring this year can expect medical expenses to take a significantly bigger bite of their savings, according to a new report from Fidelity.

Bloomberg's @davidgura and Nikki Waller join @scarletfu and @tomkeene on Bloomberg Money to discuss https://t.co/XDFvkyIels