DC residents
04.08.2025 20:58 β π 0 π 0 π¬ 0 π 0@mootquestion.bsky.social
A tale told by an attorney, full of sound and fury, signifying nothing. Former fed. Mostly law, econ, and politics. This is not a place of honor
DC residents
04.08.2025 20:58 β π 0 π 0 π¬ 0 π 0Laughing and crying at the same time
04.08.2025 20:40 β π 4 π 0 π¬ 0 π 0Lot of Cool Zone news today huh
04.08.2025 20:39 β π 1 π 0 π¬ 0 π 0*TEXAS GOVERNOR ORDERS ARREST OF DEMOCRATS WHO FLED THE STATE
04.08.2025 20:38 β π 111 π 12 π¬ 12 π 21Ugh. Bondi has directed her staff to look into allegations from Tulsi Gabbard that the narrative that Russia interfered in the 2016 election favoring Trump was concocted by Clapper Brennan Obama et al,whom Gabbard has accused of treason. 100% ridiculous; 100% vicious; 100% political.Just an atrocity
04.08.2025 20:34 β π 1001 π 183 π¬ 83 π 25A key question I have is of course βwhereβ. It should be DC, but they may run into some β¦ problemsβ¦ with DC venire
04.08.2025 20:38 β π 0 π 0 π¬ 0 π 0I wonder if this is where theyβre finally going for Marc Elias
04.08.2025 20:34 β π 1 π 0 π¬ 0 π 0They also serve the βweβre delayed three hours and need a comfortable place to sitβ crowd, and somehow also manage to fail this often
04.08.2025 20:10 β π 26 π 0 π¬ 1 π 0Plausible, though many plot lines were about him picking fights with his audience
04.08.2025 20:02 β π 0 π 0 π¬ 0 π 0Iβd make the case that those who wonβt stand for them when scary or unpopular donβt have them at all
04.08.2025 19:20 β π 3 π 0 π¬ 0 π 0π― agree. Congregate education is important. Homeschooling and unschooling etc are all bad. But it drives me nuts that the same people deep in the βneurodivergenceβ discourse pretend thereβs no one on the high end. Harrison Bergeron was a dystopia, pals
04.08.2025 18:32 β π 2 π 0 π¬ 1 π 0I am definitely team βcongregate schools are goodβ but also if your take is βgifted education is a salve for the egos of suburbanitesβ you better have the same position on all learning accommodations or Iβm coming for you
04.08.2025 18:20 β π 1 π 0 π¬ 1 π 0The gifted children discourse is so funny to me as someone who 1. Grew up in a district without such designations and 2. Has a child that is now receiving the (barely different) services they desperately need to stave off boredom. Folks, maybe just letβs all go behind the veil of ignorance
04.08.2025 18:17 β π 1 π 0 π¬ 1 π 0lol they canβt even match GS-15
04.08.2025 18:07 β π 2 π 1 π¬ 0 π 0I always figured heβd be more of a Giordanoβs guy
04.08.2025 16:55 β π 0 π 0 π¬ 0 π 0Itβs like watching Jordan in his prime
04.08.2025 16:17 β π 1 π 0 π¬ 0 π 0I burst out laughing in my office at this one
04.08.2025 16:15 β π 23 π 0 π¬ 1 π 0Holy shit
04.08.2025 16:14 β π 1 π 0 π¬ 1 π 0Seems obvious theyβre setting up for that, given secret wars leads to a universal reset in the comics
04.08.2025 16:09 β π 2 π 0 π¬ 0 π 0π€·π»ββοΈ
04.08.2025 16:05 β π 1 π 0 π¬ 0 π 0This is horrifying, reading to my child is my favorite time of every day
04.08.2025 16:00 β π 5 π 0 π¬ 2 π 0Itβs possible with efficiency gains, or gains in market share at the expense of foreign companies from tariffs, among others. But there are limits to both
04.08.2025 15:50 β π 1 π 0 π¬ 0 π 0Yes this is why weβre eventually cooked
04.08.2025 15:29 β π 1 π 0 π¬ 1 π 0And no, I donβt try to time the market, because again, not idiot
04.08.2025 15:08 β π 0 π 0 π¬ 0 π 0Prices go up
04.08.2025 15:07 β π 1 π 0 π¬ 1 π 0Chart showing the net number of guidance raises (guidance raise - guidance lowered) for US stocks since 2001
"why are stocks rising instead of falling because Orange Man Bad" maybe because guidance raises outnumbered guidance cuts by 60 reports last week, 99th percentile since 2001. Absolute number of guidance hikes was 84, in the 98.9th percentile for all weeks since 2001. Crazy strong!
04.08.2025 14:35 β π 137 π 13 π¬ 10 π 6this is right but also i think we're (1) underestimating that trump has stepped in it here and (2) underestimating how hard rigging the numbers would actually be
04.08.2025 15:05 β π 71 π 5 π¬ 9 π 1Log back in to 37 notifications and theyβre all one freak account with 37 followers trying to dunk on me because they think Iβm being βoutplayedβ in the stock market.
(I only invest in index funds and let them ride, because Iβm not an idiot.)
When Iβm learning about a new industry, and thereβs something that doesnβt make sense, I always question if itβs a market failure or thereβs a reason I havenβt learned yet.
Stock market is the former.
The economy is on the precipice of recession. Thatβs the clear takeaway from last weekβs economic data dump. Consumer spending has flatlined, construction and manufacturing are contracting, and employment is set to fall. And with inflation on the rise, it is tough for the Fed to come to the rescue. Unemployment remains low, but thatβs only because labor force growth has gone sideways. The foreign-born workforce is shrinking, and labor force participation is declining. Telling is the economy-wide hiring freeze, particularly for recent graduates, and the decline in hours worked. Itβs no mystery why the economy is struggling; blame increasing U.S. tariffs and highly restrictive immigration policy. The tariffs are cutting increasingly deeply into the profits of American companies and the purchasing power of American households. Fewer immigrant workers means a smaller economy. Any notion that the economic data misrepresents the reality of how the economy is performing is way off base. There are revisions to the data, even big revisions, but they universally say the economy is doing worse. Thatβs because it is. BTW, the DOGE cuts are a key factor in the revisionsβnot because BLS has cut staff, although that canβt help, but because the government often reports payrolls to BLS late. It didnβt matter when government employment was stable, but now that itβs declining, the cuts are picked up in the revisions.
Trump is panicking because the economic numbers are giving a recession vibe.
From the Chief Economist at Moody's.