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Steve Zorowitz

@stevezorowitz.bsky.social

Dad, Poppy, Trader, Liberal. "That which is hateful unto you, do not do to your neighbor. This is the whole of the Torah; the rest is commentary. Go forth and study." -- Rabbi Hillel I used to be @StevenJ1279 at the other place

created May 16, 2023

1,721 followers 848 following 8,363 posts

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Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

My birthday is in 3 weeks, but I will accept an early present.

1/9/2025, 5:57:16 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Obviously, Republican states will do everything they can to carry out his wishes, but wouldn’t the anti-commandeering doctrine come into play if he tried to coerce blue states through funding?

1/9/2025, 5:42:22 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I've seen it referenced somewhere here, but can't find it. Is there a study estimating what percentage of the burden of tariffs falls on exporters, importers, and end consumers?

1/9/2025, 4:51:21 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The Winklevoss Twins have to merge back into a single entity.

1/9/2025, 11:21:44 AM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Interesting that you can't wager on a person's death, but here's a bankshot.

1/9/2025, 12:23:52 AM | 11 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

It will be in samizdat form in 4 years, when we're all in the re-education camps.

1/9/2025, 12:12:49 AM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

As I said: bsky.app/profile/stev...

31/8/2025, 9:31:43 PM | 5 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Colossus: In time you will come to regard me not only with respect and awe, but with love. Dr. Forbin: NEVER!

31/8/2025, 7:01:46 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

I love how the soccer coaches hug each other after a goal, like they had fuck all to do with it. Does Aaron Boone hug his hitting coach when Judge hits a HR?

31/8/2025, 5:37:39 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Based on everything, safer to go with presumption of irregularity.

31/8/2025, 5:19:46 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Based on everything, safer to go with presumption of irregularity.

31/8/2025, 5:18:26 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

Wow #LIVARS

31/8/2025, 5:10:59 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Mazel tov!

31/8/2025, 10:41:48 AM | 1 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Is there any avenue for an appeal?

31/8/2025, 1:11:15 AM | 6 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

30/8/2025, 9:03:03 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The Trolley Problem

30/8/2025, 12:39:31 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Walz used his “weird”ing module.

30/8/2025, 11:35:56 AM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Are you surprised there were as many as 4 dissents?

30/8/2025, 1:43:22 AM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

My birthday is in 3 weeks, but I’d accept an early present.

29/8/2025, 11:31:31 PM | 5 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Oh my poor sweet dear. Sending you a virtual hug.

29/8/2025, 11:30:04 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.

29/8/2025, 11:24:37 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.

29/8/2025, 11:06:17 PM | 4 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.

29/8/2025, 10:33:55 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I still think Roberts loves business more than he loves Trump, and if he's convinced that the tariffs hurt business, he'd vote against them.

29/8/2025, 10:32:14 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Those same percentages won't hold. I would be *shocked* if any Dems on SCOTUS vote that way.

29/8/2025, 10:29:27 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I was watching the after market action--there basically was none for 5 minutes (I read faster) and then not much. Everyone knows it's not the final word.

29/8/2025, 10:26:24 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

That country specific tariffs are not due to a "national emergency", that "regulate importation" does not mean charging X (or Y or Z depending on the time of day). The words and actions alone of Trump make a lie to all of this.

29/8/2025, 10:24:36 PM | 6 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

In my mind, this was one of the most open-and-shut cases around.

29/8/2025, 10:12:38 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 10:03:04 PM | 4 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 10:02:54 PM | 3 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:54:16 PM | 29 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:48:53 PM | 60 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:48:26 PM | 13 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:46:44 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:42:24 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Frankly a little surprised and disappointed that there are 4 dissents.

29/8/2025, 9:41:29 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Called it

29/8/2025, 9:29:38 PM | 0 0 | View on Bluesky | view

Profile picture FinTwitter (@fintwitter.bsky.social) reposted

MOST TRUMP TARIFFS ARE NOT LEGAL, U.S. APPEALS COURT RULES

29/8/2025, 9:27:41 PM | 13 4 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

OH YEAH

29/8/2025, 9:29:07 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

C'mon Court of Appeals for the Federal Circuit, make my weekend.

29/8/2025, 8:05:10 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

They must have been told the ruling is coming very soon. Boy, i hope today for a fun weekend.

29/8/2025, 7:40:06 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The parades will continue until morale improves.

29/8/2025, 7:03:05 PM | 65 8 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Is this the first case where a firm that settled over the Trump EO is representing the plaintiff vs the government?

29/8/2025, 6:40:34 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Just as an aside, en banc would be 29 judges. If ever a circuit needed to be split up!

29/8/2025, 6:11:29 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Wouldn’t surprise me if he has a guy chained up in his basement with a ball gag in his mouth.

29/8/2025, 5:54:33 PM | 0 0 | View on Bluesky | view

Profile picture Anna Bower (@annabower.bsky.social) reposted

My play-by-play of the hearing on Lisa Cook’s request for a temporary restraining order, now up on our site: www.lawfaremedia.org/article/what...

29/8/2025, 5:46:28 PM | 249 76 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

If there's one thing CJ Roberts loves more than Republicans, it's business. If he thinks letting Trump fire Cook "for cause" will hurt business, he'll keep the Fed carveout and maybe even make it stronger.

29/8/2025, 5:44:24 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Would be funny if, in the end, SCOTUS decides that the Fed is *so* independent that it's the "for cause" part that's unconstitutional, and they can only be removed by impeachment.

29/8/2025, 3:41:58 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Would be funny if, in the end, SCOTUS decides that the Fed is *so* independent that it's the "for cause" part that's unconstitutional, and they can only be removed by impeachment.

29/8/2025, 3:41:11 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And if *anything* is cause, then what's the point?

29/8/2025, 3:36:45 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The ATL Fed GDP Net exports contribution went from -.36 to +.59 even though the trade numbers seemed bad to me. So ?

29/8/2025, 3:35:03 PM | 6 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Any ideas why the Atl Fed GDP contribution of net exports went from -.36 to +.59 though?

29/8/2025, 3:13:52 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I'm going through their numbers and still don't see it. I guess we'll know more when BEA reports the trade #s next week.

29/8/2025, 3:12:33 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Net exports contribution went from -.36 to +.59 even though the trade numbers seemed bad to me.

29/8/2025, 2:55:01 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I was more thinking about the effect of that trade balance. I guess the Atl Fed can adjust for the monetary gold component, so the effect went the other way.

29/8/2025, 2:50:43 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I guess not, which means I don't understand something.

29/8/2025, 2:42:37 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Is it unusual for Roth to show up himself?

29/8/2025, 2:15:48 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The whole Board is a defendent, and they're not going to defend themselves against Cook. That's really as much as you can expect overtly. I would hope they do some OTR to the Fed whisperers though.

29/8/2025, 2:07:40 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Broke 112K, came back to test it, and now ...100k? www.tradingview.com/x/8p1pUhmZ/

29/8/2025, 1:50:41 PM | 2 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Can't really expect them to come up with any new ideas before a long weekend.

29/8/2025, 1:45:14 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Never forget Eric Cantor's perfect Labor Day tweet:

A twwet by Eric Cantor celebrating Labor Day:
29/8/2025, 1:37:23 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

3% is the new 2% but they won't say that of course. (and I think 2.5-3 should have been the target all along)

29/8/2025, 12:42:45 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

That'll trim GDP estimates

29/8/2025, 12:31:52 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

Winning in 2026 and 2028 is a *neccesary* condition; it will by no means be *sufficient*.

29/8/2025, 11:43:07 AM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

One by one, Trump has destroyed trust in American institutions. Why would the Fed be any different?

29/8/2025, 11:34:41 AM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

It's starting to seem like every level of the Judiciary is pissed at every other level.

29/8/2025, 12:35:32 AM | 24 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

March 2024: bsky.app/profile/stev...

29/8/2025, 12:28:36 AM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

He’s in Chuck Knoblauch yips territory now.

29/8/2025, 12:26:13 AM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

It's starting to seem like every level of the Judiciary is pissed at every other level.

28/8/2025, 11:50:33 PM | 7 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

It must be hard to thread the needle of "we need more cuts, but Trump's economy isn't bad".

28/8/2025, 11:33:01 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And for us olds, probably 2/3rds of our remaining years.

28/8/2025, 11:17:53 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Which is why I think, if we survive this, when Trump leaves office (one way or the other) the Republican Party is done. They stand for nothing anymore except serving him.

28/8/2025, 10:37:30 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I sell to TJX. They raised their price on my product in June because of "tariffs", but are still paying us the old cost until our existing stock is gone (next month). Voila, margin expansion.

28/8/2025, 9:12:46 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I just watched The Belly of the Beast Job. It was so clever and funny.

28/8/2025, 9:06:37 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The parades will continue until morale improves.

28/8/2025, 7:37:18 PM | 25 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

💔

28/8/2025, 7:30:19 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

The parades will continue until morale improves.

28/8/2025, 6:27:16 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And you just know that Judge/Soto/Trump story was true despite everyone's denials. It just hurts.

28/8/2025, 4:48:27 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And Mo is MAGA. Boy this hurts.

28/8/2025, 4:25:19 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Like, not counting her vote or attending the board meeting.

28/8/2025, 4:24:22 PM | 10 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Or acting as if she's been terminated: "...effectuating in any manner Governor Cook’s purported removal from her position or in any way treating her as having been removed, or denying or obstructing her in accessing any of the benefits or resources of her Board position." ie, not letting her vote

28/8/2025, 4:23:29 PM | 5 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Or acting as if she's been terminated: "...effectuating in any manner Governor Cook’s purported removal from her position or in any way treating her as having been removed, or denying or obstructing her in accessing any of the benefits or resources of her Board position.

28/8/2025, 4:22:34 PM | 15 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Will this be like The Matrix, where they hook up humans to expel CO2?

28/8/2025, 4:03:29 PM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And then stayed until SCOTUS

28/8/2025, 3:17:59 PM | 10 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

OMG I didn't know. I'm so so sorry for your loss.

28/8/2025, 3:15:20 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Fabulous idea. This country needs a 4 day homage to Trump right before the midterms, with every GOP candidate extolling his virtues.

28/8/2025, 2:27:36 PM | 10 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

Fabulous idea. This country needs a 4 day homage to Trump right before the midterms.

28/8/2025, 2:21:15 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

And I looked, and beheld a pale horse: and his name that sat on him was RFKjr.

28/8/2025, 2:04:13 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Given that she's subject to a criminal referral, her lawsuit probably isn't the vehicle to be explaining the mortgage issue.

28/8/2025, 1:42:15 PM | 20 1 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Given that she's subject to a criminal referral, her lawsuit probably isn't the vehicle to be explaining the mortgage issue.

28/8/2025, 1:41:55 PM | 56 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Summer's over.

28/8/2025, 1:14:24 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I've been very good on the protein, between egg whites, tuna fish, and chicken. I can't believe how many less carbs I'm having versus the old days.

28/8/2025, 1:12:31 PM | 2 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Yes, that's my plan for now.

28/8/2025, 1:10:10 PM | 1 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Slept through it like a baby.

28/8/2025, 12:47:55 PM | 4 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

It's just crazy. I assume it's going to slow down at some point, but I'm on 5mg so I have room to step up. But at the moment, my biggest problem is making myself get enough calories.

28/8/2025, 12:47:05 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

Well, week 6 of Zepbound is in the books, and it's just ridiculous.

28/8/2025, 12:10:03 PM | 3 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

I wonder how many retailers are doing what the one I sell to did--raise prices in June, July because of "tariffs", but make us sell them our existing inventory at usual cost (until next month).

28/8/2025, 11:51:46 AM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social) reply parent

Aren't the cutbacks in services first (eating out, entertainment) when you need to spend more on goods?

28/8/2025, 11:49:02 AM | 0 0 | View on Bluesky | view

Profile picture Steve Zorowitz (@stevezorowitz.bsky.social)

I see the markets are treating the destruction of public health in the US with the same disinterest they are treating the destruction of Fed independence. Ah well.

28/8/2025, 10:59:07 AM | 1 0 | View on Bluesky | view

Profile picture Gregg Gonsalves (@gregggonsalves.bsky.social) reposted

#NIH is hanging by a thread. The #CDC has been decimated. #RFK Jr. and Russell #Vought are psychopaths--I don't say this frivolously--they are cold, calculating, inflicting violence on millions through public policy. It is where we are right now. These men are not normal. 1/

28/8/2025, 9:55:52 AM | 6540 2571 | View on Bluesky | view