Senior Markets Correspondent at Sherwood News. Ex-NYT, Axios, WSJ, QZ. Banjo/mando player. ❤️ ≠ ❤️. Opinions, vengeance mine. PGP: bit.ly/2Cnzehy
Sing Sing, N.Y.
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You're thinking about the bond market too much when a tweet like this has you momentarily puzzling over Kushner's exposure to agency mortgages ...
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Judging by the ramp in gold prices, I'm guessing Bessent didn't say the perfunctory "we maintain the strong dollar policy" or a similar formulation. Always kind of reminded me of the macro economic version of this meme ...
piped.video/watch?v=37nwLhIA…
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Cord-cutters spent a few years in relatively ad-free paradise, but that's coming to an end as streaming platforms shoehorn in more and more commercials. @jonkeegan crunched the numbers to find out which services give you the most (and least) bang for your buck. Link below:
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Elon Musk is using the sheer force of his will and wealth to reshape an area in the Lone Star State — whether the locals like it or not. Link to full story below ⬇️
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Highly, highly recommend wearing matching wolf shirts with your absolute boys and discussing financial markets.
Trading the Election | TCAF 164🎙️
@Jack_Raines joins @Downtown and @michaelbatnick to discuss: betting on the election, The Washington Post's subscriber exodus, red hot Reddit, Michael Saylor can't get enough Bitcoin, once a New Yorker always a New Yorker, earnings season, and more!🔥
▶️podcasts.thecompoundnews.com…
Sponsored by: @public @BlackRock
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Final Boss is a new Q&A series where we sit down with the chief executives leading some of America’s most interesting companies. First up is @LuisvonAhn and Duolingo: sherwood.news/business/duoli…
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We mapped out all the AI companies that the CIA has invested in over on our site—check it out: sherwood.news/business/ai-co…
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The Federal Reserve cut rates by 50 bps.
The median projection has two more 25 bps rate cuts in 2024, for a total of 100 bps this year.
Fed governor Miki Bowman dissented in favor of a smaller 25 bps cut. It's the first dissent by a *governor* since 2005.
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Media and tech companies poured hundreds of millions of dollars into Hollywood as they built shiny new streaming services. Now that the tide has receded, film and TV workers are left behind: sherwood.news/business/holly…
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I dove into that NBER paper on whether hot teens and adults play video games, which raised many questions including “who decides who’s a hot teen?”
The answers may surprise and disturb you.
sherwood.news/culture/unpack…
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What even is economics? @LJKawa unpacks the bizarre economic study that says hot people aren’t big gamers sherwood.news/culture/unpack…
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weird study because literally every gamer I know is extremely hot sherwood.news/culture/unpack…
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Happy International Left Handers Day to those that... celebrate.
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Do your boomer parents owe you a house? sherwood.news/personal-finan…
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Absolutely fantastic story about how Nintendo stays winning despite the fact that the company does not play on the cutting edges at all sherwood.news/business/ninte…
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Just pubbed a really nice deep dive from @mannyfidel at the intersection of biz, tech and culture: Nintendo completely sat out the video game graphics wars. It’s winning anyway.
sherwood.news/business/ninte…
Look at the growth on this profit chart over the past decade, sheeeeeeesh.
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