David Taggart

and in case you have never seen it here is the PMI with the SPX YoY. You can see how this time has been the biggest dislocation between the two in decades

and kind of by extension it does a good job of leading the SP500

Longer term it has been a leading indicator of the PMI

The only "PMI" that matters right now

Semis and all things that go into that seem to still be the only game in town

At least tariffs created SOME jobs: lobbying jobs.

@bloomberg.com
@scottlincicome.bsky.social

here is the 30-Day sma of all the data we have on it. you can see the seasonality and also how it has normalized post-covid

here is the same data without the 10-day smoothing. +0.49%

I guess the TSA data entry kid is still at work.

The YoY of TSA passenger numbers is at +0.97%

yeah for midterms the healthcare thing isnt going to bring out the voters, at least not before they lose the benefits and with a year to go.

their current strategy is weak at best

Presumably with the government shut down no one in the file room is on staff to release the Epstein files.

at least that is my view from the cheap seats lol

the only failing our military has had post WW2 has been one of leadership in Washington.

They have defended the US quite well, and anywhere they go they dominate the skies and the seas with no real issue, and on the ground their kill ratio is off the charts.

tax consumers at the same time you ship out other consumers. hell of a strategy

Barron is the new CEO of ADP lol

"The Epstein list won't be released but Jimmy Kimmel will be?"-
@sammorril.bsky.social

I wish someone would have asked JPow

"if they were to finally release the Epstein files would you do a 50bps cut?"

bsky.app/profile/davi...

bsky.app/profile/davi...

Miran was surprised the meeting didn't start with an opening prayer to his Lord and Grifter Donald J Trump

hmm I just checked and the years dont match. but might as well have been him lol www.reuters.com/article/busi...

I wonder if he was the "SEC staffer" that was wasting all their working hours looking at other sites lol. he really did nothing at all to enforce the law. just left the gate wide open

my guess is he is announcing that Erik Prince is allowed to go to Ukraine if he wants, but that the US is not officially sending anyone

that episode was something else wasnt it

My Dad has 38 first cousins, 34 from one side.

I have 19 first cousins, 17 from one side.

My niece and nephew so far have 2 first cousins and zero from one side, and no more coming from the other side.

things have definitely changed

just from your description I knew Cathie had to be mentioned in the piece lol

started off with a solid thesis, executed it quite well, and then went all in on the cult of bullshit and lost all the gains plus so much more. the way the elonites ride that d will be studied by historians

after seeing like 10 of them on tiktok I am honestly surprised it hasnt happened already.

Elon probably popped some pills and threw a chair at a server rack

elmos site is down again lol. what a shitshow

I was a kid in the 80's but based on how many times this ad was in the 1990's Institutional Investor archives I will go out on a limb and say the movies showing all of Manhattan doing coke in the 80's were more accurate than not

And now a funny bit