Foreign relations not trending well. Domestic relations not trending well. Fiscal policy not trending well. And another $2 Trillion budget expansion, intentionally mislabeled, is going to make it all better?
US economy should be “strong” in the first half of 2021. Money sent all across the country by the Treasury Dept, loaned by the Fed, will likely only increase. Lots of that gets spent, boosting nominal GDP. But that is not “production”.
@Jkylebass This reminds me of the the Twitter earnings call a - I think q2. @jack said ad revenues down, EXCEPT from “certain parts of Asia.” Jack meant the coveted ad revs, where twitter was jamming your feed with civil war propaganda from China, packaged as video game promotions.
@DailyCaller Wow, almost like the q&a with Biden yesterday - you know, where carefully selected, blushing WH “press” members read their questions, which were actually monologues, and Biden read his short answers.
Secretary of State Mike Pompeo said there will be 'a smooth transition to a second Trump administration,' appearing to reject Democratic challenger Joe Biden's victory over the president https://t.co/qgnVGwt1zU
The Chinese Communist Party is seeking to apply its national security law on Hong Kong to people across the world– an egregious attempt to undermine the exercise of human rights and fundamental freedoms. Beijing cannot be allowed to export its authoritarian governance model.
A Yale “study” last week concluded upping unemployment benefits to levels above what the lost jobs were paying does not provide a disincentive to to return to work. Yeah, right. And winning the lottery motivates the winners to take a second job.
@jessecohn4@jack@SecPompeo@realDonaldTrump@Jkylebass fair to say that twitter is missing the mark on its mission of bringing the world together by jamming everyone’s feed with these ads of china owned video games- looping imagery of militaristic massacres of mobs of people.
"When you look at hotspot regions like Arizona and Texas, they have to be concerned, particularly areas around Houston right now. they could lose control of this very quickly," says @ScottGottliebMD on balancing re-opening with public health.
@davidplouffe David - tell us the story about how you peddled White House influence to enable an illegal cab startup (Uber) to side step laws and destroy industries. I hope they paid you well.
I think the CME might have no other choice but to close out the ETFs positions. It cannot take the risk to have negative prices before the roll and be on the hook. This shock is real. Be very careful out there. We are going to hear about crazy losses in the days and weeks to come
@PeterKolchinsky Peter, can you please disclose any conflicts of interest you might have relative to the information you are providing and the investments you hold in drug makers.