Michael

[Michael @mgtalbott]

@grok @buildwithdk Will 2027 be worse?

[Guy Berger @EconBerger]

Indeed job postings:

1/ Software development postings are rocketing upward: Y/Y growth of almost 25%. At that pace we're about a year away from pre-COVID levels (we're recovering from a deep depression in this category).

[Michael @mgtalbott]

@_Investinq Yes, we really need to slow rate sensitive industries like housing🤣. Let’s make sure ppl with credit card debts pay higher rates,

[Michael @mgtalbott]

@profstonge I wonder if $2trillion in deficit spending is impacting that at all?

[Michael @mgtalbott]

@carney Is the spend on this non AI categories growing or shrinking?

[Michael @mgtalbott]

@profstonge $2 trillion a year in deficits…

[Michael @mgtalbott]

@StephenMoore Weird logic. You are for tariffs so we can rebuild our manufacturing base but construction for manufacturing is massively contracting due to being crowded out by data centers and that’s good? I’m confused.

[QE Infinity @StealthQE4]

He attacks Venezuela
Attacks Iran
Threatens Europe over Greenland
Ends peace with Canada.
Initiates global tariffs creating global trade chaos around the world.

Now he wants a peace prize. 🤦‍♂️

Delusional

[Stephen Hayes @stephenfhayes]

I'm not sure I've read a story over the past decade that better captures the grifter culture of TrumpWorld better than this one. Detail after amazing detail. Jaw-dropping, and yet none of it is really surprising.

[Michael @mgtalbott]

@BlackBuddha1990 @unusual_whales https://t.co/I7CodQ9uQs

[Vance Ginn @VanceGinn]

Tariffs were supposed to “fix” the trade deficit.

Instead, the U.S. trade deficit jumped 13.7% in August to $105.6B as imports hit a record $420.8B.

But here’s the bigger point: a trade deficit is not a scoreboard showing America “losing.” Many of those imports are capital goods, semiconductors, machinery, and inputs Americans use to invest and produce. It’s not a zero-sum game.

Stop trying to centrally plan trade flows. End tariffs. Lower barriers. Let Americans buy and sell freely.

👀 https://t.co/gH0RDiqeSS

[Michael @mgtalbott]

@BlackBuddha1990 @unusual_whales Meanwhile, our trade deficit is getting worse, not better and the cost of goods has gone up. Both of these things are bad for Americans! Those are just facts.

[Michael @mgtalbott]

@BlackBuddha1990 @unusual_whales I am for fair trade. However, I don’t think our two largest trading partners, Mexico and Canada were taking advantage of us as Trump claims over and over. I’ve seen no data to support that claim either.

[Michael @mgtalbott]

@BlackBuddha1990 @unusual_whales https://t.co/HYlfCWCEwv

[Michael @mgtalbott]

@BlackBuddha1990 @unusual_whales Honest question, why do you think this? The US had more tariffs on Canadian goods than they had on US goods before this chaos began.

[Michael @mgtalbott]

@pgavigan77 @SteveRattner Strange chart. Comparing ~18 months to 4 and 8 year periods seems useless. What am I missing?

[Michael @mgtalbott]

@scottlincicome @NewYorkFed Trade gap worsened, prices went up, and federal deficits grew. #winning

[Michael @mgtalbott]

@scottlincicome @NewYorkFed Hey, at least he shrank the trade deficit! Right? 🥴🤣 He’s 5D! 🤡

[Michael @mgtalbott]

@scottlincicome @NewYorkFed https://t.co/pu6ID3F4wM

[Peter Schiff @PeterSchiff]

The U.S. trade deficit rose to $105.6B in August from an upwardly revised $92.8B in July, the fifth-biggest monthly trade deficit in history. However, if you exclude the first three months of 2025, when imports were pulled forward to front-run tariffs, and March 2022, when pent-up demand was unleashed by the reopening of the economy following the pandemic shutdown, the Aug. 2026 trade deficit was the biggest monthly trade deficit ever.

This proves that despite forcing Americans to pay more for imports, today's trade deficits are larger than ever. By his own standards, Trump is the worst U.S. president ever on trade. Under his watch, the U.S. is losing more on trade than it lost under any prior president. This is a fact that no one can dispute, but which no Republican will acknowledge, as they continue to attribute success to a trade policy that has demonstrably failed.

[Michael @mgtalbott]

@StephenMoore So about 40k new jobs a month over the next 10 years? Stephen, would that not be the worst 10 year period in America's history?

[Michael @mgtalbott]

@yardeni Planned hires at the lowest level since 2011 but you don’t see a demand issue? Oof.

[ChallengerGray @ChallengerGray]

U.S. employers announced 43,281 job cuts in September, the lowest September since 2022.
Seasonal hiring was muted: 62,000 planned hires vs. 100,800 last September. Total September hiring plans were the lowest since 2011.
Full report: https://t.co/XNXAeFrNZr