Not surprised.
Not surprised.
My view is this - with the reality that visuals matter...I don't want to be crass but he is... Chicago. Someone who takes zero bs from anyone. Also...yes he is a billionaire (so was FDR in adjusted dollars) but that gives him power which is important...also his policies are good +policies.
Oh no no...what I'm saying is right now newsome is doing what he needs to do. My "preference" is Pritzker and/or Wes Moore and/or AOC (beshar is good too) in some combination. I think Pritzker has the Chicago...guts :). Also also I think Pritzker is 100 percent running.
Problem is Beto hasn't won an actual election yet.
My money is on prtizker and or Wes Moore. But. Right NOW newsome is fighting. That is what matters NOW. Period.
That's the dumbest shit you could say.
Wapo with some exceptions is trash.
Also she's clueless.
First Powell is a decent human being. Normally he'd want to cut. But he also know that cuts will devalue the dollar more and feed inflation. He does generally view inflation as the ultimate "evil.". If inflation goes up...no rate cut
If inflation rises...which it will....no way will he/fed cut.
Yes some of the crew on CNBC is frankly horrible. Bloomberg is...better.
And then the threat to fire (I forget her name) and dollar crashes. Which I suspect is the goal.
He needs to get over it. Mamdami is the next Mayor. Plain and simple. Also like chuck we need a far better speaker to be :)
Right! I think between Bloomberg and the WSJ no need for ft.
What demographic does the ft think it's appealing to? It's ridiculously expensive and apparently stupid.
They didn't sell it. This is a made up story.
CNN who the eff cares.
And the dollar aka imported inflation ....
But with the beards...
Every time someone from the admin opens their mouths the dollar takes a hit. Remember down almost 17 percent since Jan.
Your buying power evaporating in real time. www.tradingview.com/symbols/EURU...
ANd the dollar - and hence imported inflation - just tanked because of someone...speaking...
and I guess we should ask to be paid in euros or yen eh? www.cnbc.com/2025/08/12/t...
Lack of trust?? www.tradingview.com/symbols/EURU...
Indeed - Mace News FED NOMINEE CEA CHIEF MIRAN Q&A/CNBC: MASSIVE SURGE OF IMMIGRANT RENTERS CONTRIBUTED TO PAST INFLATION; CORE CPI ON USED CARS ETC LARGELY NON TARIFF (seriously)
His Fed nominee just moved the dollar down with his comments instantly.
And I still needw nuclear power if it wants to get off of ruzzian gas. Hence ideology and science/engineering shouldn't mix.
I think we need to stop being dogmatic (and Hungary?? Really?). Ideology especially purist ideology never ends well. And yes... Germany...heck of a job they did..!
...they don't want to be reliant on imported energy especially ruzzia even indirectly. See for example energynews.pro/en/switzerla.... See Germany where bcuz they shut down nuclear power they actually have to burn coal which is just idiocy.
Actually no operator in France or Suisse said anything resembling the vague whatever it is you're talking about. France is investing in new tech and Suisse energy policy is hydro (they're uniquely endowed) wind/solar AND nuclear. The Swiss are very pragmatic....
Also the rivers aren't too hot. Also also again...in France edf owns them meaning they're not owned by a profit making enterprise.
Nuclear is not toast. It's reliable and the fuel v output ratio is amazing. Nothing comes close. The reality is one needs renewable and nuclear power. Both not either. And France is doing just fine, merci...unlike the "hiccup" in Spain a few weeks back.
Ehem...France....
This has nothing to do with a "lack of history.". Frankly other places in the world could use a bit less history which is used as an excuse for human misrery. This is a mental health condition in some. Me personally? Whatever has meaning to you is what is important.
And it's (come on!) Not 200k net...it's gross less.taxes.
Well it would help him. And you're welcome to ride a bike...but that's not truly in my humble opinion a solution...
He is so so far from his father...and from when he was NYS ag...
Guys please...this is going to lose votes of normies. For most people this isn't an option nor is it a solution. Also of you ever encountered greens in Europe they're the left magas. Absolutely fanatical and unrealistic. See Germany. Close down nuclear power plants and be stuck with ruzzia.
That would be another percent off the value of the dollar.
Even the rest of the crew seems to have had it
Ok Cramer on CNBC is an absolute idiot. He's just n a rant about how stupid he is. Sweet Christmas.
Berkshire operating earnings dip 4% as conglomerate braces for tariff impact www.cnbc.com/2025/08/02/b...
Umm...https://www.tradingview.com/symbols/EURUSD/?exchange=FX
Dollar literally losing value in front of our eyes. Down over 1.3% today and the trading week ain't done yet. www.tradingview.com/symbols/EURU...
Also your colleague Cramer is an utter moron and an economic illiterate.
MORE U.S. JULY JOBS: JUNE REVISED DOWN BY 133K TO +14K
This is why he hates Powell, cuz he wants to "print money."
Day started with 1 euro=$1.1392; now it's $1.15454 - there is no secular reason for it to not continue to devalue. Correction $1.15564 1.27% in the past TWENTY-FIVE minutes. www.tradingview.com/symbols/EURU...
you can't and per bloomberg on TV a few mins ago - lack of immigration etc is permanently shifting job creation lower.
They're sucking up bigly.
It was horrific. And per Bloomberg, because of the lack of immigration etc, job market is hobbled. Also, dollar crashed v euro and continues to crash - plummet - down 1.20% already since 830am ET. Inflation will be brutal - weaker dollar, tariff taxes, etc. Currency crashing in real time.
And dollar falls in real time.
Job and economic chaos. Surprised anyone? Inflation will be up as well.
Dollar v euro down 1 percent literally in one minute. Nice going. Stock market will plummet as well.
www.bloomberg.com/news/live-bl... Dollar just crashed v euro b cuz now fed in Sept will need to cut bcuz of shitty job market.
Yeah that kind of dickensian dystopian electric meter is a UK specialty.
Which is among many other reasons why the UK is an economic basket case possibly except for greater London.
They also don't or don't want to understand that the fed sets a floor and the only rate they control is the fed window overnight lending rate. The int rates on the bonds is set by the market. Any funky business with the fed and those rates will rise significantly.
Senator they want to undo the new deal and everything FDR and his administration accomplished.
I'm all right, but I'll get better! :)
And this kind of absolutism just loses normal people.
Not yet. I have a great deal of fear with people who are absolutists and want people to live worse and controlled lives.
www.thestreet.com/travel/unite...
Yes Ryan air et al can be dirt cheap. Also even I'll say Riga to tallin by air may not make sense :) But there are cheap fares here as well. Sadly since I'm.tall and I can't break my legs off Ryanair etc is is not possible for me.
Yes and no...for rail yes but for a country the size of the US (or Canada or Australia) air is the most efficient means of getting from here to there. (Or Brazil) these countries are huge and with highly varied terrain.
Also "the market" determines true int rates and they would go up in such a scenario.
Except voter turnout is generally higher than in the US...
www.bloomberg.com/news/feature...
Nothing. I think this conversation - first on bluesky I must add - is pointless. Have a good night morning day or afternoon.
...a good idea, but you dont pick a fight for which the average person would shrug. Anyway...I mostly visit Switzerland Frankfurt London Paris...for clients. (economist). So I'd rather save the fight where it counts more.
I think you'd feel more at home in the "other place.". I am quite aware of what is happening in the US - quite aware. However, I spend 3-4 months (total not at the same time) in Europe for work...for the past 20 some years and also have an EU country passport. And notice I didn't say it was...
Well honestly as much as I think age verification will accomplish nothing I'm not exactly put out by it as you seem to be. Look insulting a cop is not...a good idea but here you got the right to.
Yeah I think we need to leave any "ism" and ideology out of engineering.
Ok that is blatantly false unless you're talking about age verification for porn sites. Several states in the US have done that as is have several eu countries. Otherwise what you say is BS.
I would say let's not start that old chap. That's the one thing I will never back down on...we understand all too well.
True. But people here - and this may be the saving grace - people to their core believe in free speech. Even now.
Well good! And I didn't say it was a hellscape but it is not exactly the rule.
Also AC doesn't lead to damp. It removes humidity from the air.
True tho
Maybe for Amsterdam. However try that in Spain or most of the US or Brazil or Australia. This is why I cannot stand "greens" they're as much nuts as magas. Human comfort isn't bad.
Unfortunately this insanity is wide spread in Europe... although it's changing. I never understood those "greens" who want people to live in mud huts. Anytime they talk about the "greater good" flashes of every sociopathic dictator ever flashes into my mind.
Right. The "answer" is for example Bernie and AOC's tour.
Unlike (sadly) in many countries like Germany, every American has the god-damned constitutional right to call any cop whatever they want. Or any politician.
Exactly. But CNN etc love this headline cuz "both sides" bullshit. It's the DEMS who are dissatisfied. Not that Dems as such aren't more popular etc.
Of course the founding document of the (now) EU begins with "towards an ever closer union...)
www.bloomberg.com/news/article...
Happy 82nd b’day, Mick Jagger — who left the London School of Economics to pursue music. “The Rolling Stones were just beginning,” he said. “I thought, ‘Why not give it a go for a year?’ .. I wasn’t trying to be a rock star — I just thought, ‘This looks like more fun than working for Shell Oil.’”
Probably a good start to not be ripped off by managers and music companies.
You're taking me back to 1995 😃
This is why Powell is so important. (Well one of the many reasons...)
Honestly who the hell gives a shit.
You want wild gyrations? Look at USD v Euro www.tradingview.com/symbols/EURU...
Remember his comment about women in the 90's...
and www.tradingview.com/symbols/EURU...
In other news..."1022 ET – Doubts about the future of the Fed’s leadership weaken the dollar, Bank of America’s Alex Cohen writes. The uncertainty has “arguably impacted the USD more than other assets so far” and is likely keeping the dollar from rallying, Cohen says. The issue isn’t going away.WSJ
American Airlines scales back 2025 profit outlook as third-quarter forecast falls short
Trump to visit Federal Reserve, escalating campaign against Chair Powell www.cnbc.com/2025/07/24/t... Dollar will.crash tomorrow
www.bloomberg.com/news/article...
And why is the house speaker talking about the fed. Dollar went down when that man opened his mouth.
Axios can be complete trash. Ok trash most of the time. And smug.