How you experience our economy depends entirely on where you’re living, what you’re doing, what you want and how badly you need it."
- Sam Sifton
Indeed.
How you experience our economy depends entirely on where you’re living, what you’re doing, what you want and how badly you need it."
- Sam Sifton
Indeed.
For those who have held off, it looks like "The Confidence Map" is now half off on Amazon.
www.amazon.com/Confidence-M...
“ETF issuers are firing the spaghetti cannon at the wall in the hopes that a couple of noodles stick”
www.wsj.com/finance/inve...
Anymore I feel like the financial services industry is doing a historical reenactment of the opioid crisis with the ETF industry playing the role of the Sackler family.
17.02.2026 21:41 — 👍 4 🔁 0 💬 2 📌 0Insatiable
12.02.2026 18:01 — 👍 1 🔁 0 💬 0 📌 0
‘The Roots of Populism in the U.S. can be seen in the flip side of the long ascension by Corporate America’s profit margins: the long bear market in labor’s share of income.’ haymaker.substack.com/p/haymaker-d...
11.02.2026 15:56 — 👍 10 🔁 3 💬 1 📌 0“The rise in defaults was driven by delinquencies in mortgage payments, and New York Fed researchers found that they were particularly high in lower income zip codes.”
10.02.2026 16:04 — 👍 41 🔁 9 💬 1 📌 0
I realize attention is elsewhere at the moment, but there's a sentiment indicator in here somewhere...
05.02.2026 21:09 — 👍 3 🔁 0 💬 0 📌 0"The 'K' is here to stay"
04.02.2026 00:49 — 👍 2 🔁 0 💬 0 📌 0
With xAI, OpenAI, and Anthropic all racing to get through the door, the question isn't whether they can all squeeze through, but whether there will be a door at all by the time they get there.
Changes in sentiment can be funny that way.
"What is so unusual about this moment in American history is that the divide in confidence is so wide that at times it seems like the preferences of those at the top are all but in opposition to those at the bottom."
globaltimes.cn/page/202602/...
I see even our Super Bowl ads will be K-Shaped this year.
Yeesh!
youtu.be/aZ7Z5LTJWHM
Proving yet again that even bad certainty beats uncertainty...
02.02.2026 13:27 — 👍 4 🔁 1 💬 0 📌 0Given the Nvidia OpenAI drama, it is interesting to see all the eagerness of bond holders. I'd have expected them to wait until they saw the equity raised.
02.02.2026 13:23 — 👍 0 🔁 0 💬 0 📌 0LOL - Why not? I mean everyone else is using the letter for something these days.
02.02.2026 12:50 — 👍 0 🔁 0 💬 0 📌 0
"NVIDIA and OpenAI look forward to finalizing the details of this new phase of strategic partnership in the coming weeks."
Fun to go back and reread the September 22, 2025 press release in light of recent events.
nvidianews.nvidia.com/news/openai-...
“Let Sam announce how much he’s going to raise — it’s for him to decide. But we will definitely participate in the next round of financing because it’s such a good investment.” -Jensen Huang www.bloomberg.com/news/article...
31.01.2026 18:16 — 👍 8 🔁 3 💬 1 📌 1The collapse is gold, silver and other precious metals today proves that the big runup in prices had very little, if anything, to do with the "sell America" or "debasement" narratives but rather just fast money trying to piggyback off momentum.
30.01.2026 18:13 — 👍 9 🔁 2 💬 0 📌 0There's a sentiment indicator in here somewhere...
29.01.2026 20:27 — 👍 0 🔁 0 💬 0 📌 0To summarize, what we are now witnessing is the volatile social mood of the 1970s paired with the intensifying and compounding effects of social media paired with EFTs.
29.01.2026 14:15 — 👍 3 🔁 1 💬 0 📌 0
Our morning garage band name - "Bomb Cyclone and The Polar Vortex" - comes from the weather world.
Their latest hit looks like it will drop this weekend somewhere along the east coast.
Affordable
Outcome-driven
Learning-focused
Merit-driven
Very cool to see other universities beginning to follow the playbook @williamandmary has been using all-oriented around generating clear, tangible results in public higher education.
www.wsj.com/opinion/is-a...
Or put differently, the stock market IS the economy...
26.01.2026 17:38 — 👍 17 🔁 7 💬 0 📌 1"Me Here Now" policymaking...
22.01.2026 22:09 — 👍 1 🔁 0 💬 1 📌 0
As you reflect on this chart from @markzandi.bsky.social (via @emilypeck.bsky.social of @axios.com), I encourage you to think of it not in terms of spending or the economy, but as a reflection of the relative confidence felt by those at the top and bottom.
22.01.2026 14:24 — 👍 8 🔁 2 💬 1 📌 0
Something something K-Shaped Economy.
Don't look down indeed!
“You can’t sustain this level of overt wealth without there being consequences”
www.cnn.com/2026/01/21/b...
FWIW I wouldn't underappreciate the rising chaos fatigue.
21.01.2026 17:02 — 👍 3 🔁 0 💬 1 📌 0"can't stop"
20.01.2026 23:50 — 👍 3 🔁 0 💬 0 📌 0
Popular music is getting sadder and angstier www.economist.com/graphic-deta...
20.01.2026 16:12 — 👍 5 🔁 1 💬 2 📌 0