Scott Lincicome

China to Launch New Visa to Lure Young Tech Talent Amid U.S. Curbs The K-visa category aims to attract STEM professionals without requiring a local employer, highlighting the diverging immigration policies of Beijing and Washington in their race for tech supremacy

"China to Launch New Visa to Lure Young Tech Talent Amid U.S. Curbs" www.caixinglobal.com/2025-10-02/c...

Endless cronyism: "Decorative hardwoods industry urges Trump to expand products under section 232 tariffs proposal" www.woodworkingnetwork.com/news/woodwor...

Fascinating: "How Din Tai Fung Became America’s Top-Earning Restaurant Chain" www.bloomberg.com/news/feature...

Also: Cheesecake Factory more like money factory amirite

Predictable distortion of US capital markets: "Investors Place Bets on Trump Team’s Next Investment Target" www.bloomberg.com/news/article...
"All of a sudden, you’re going to have investors front-running the potential for the government to come in"

"Carlyle Group, the investment manager whose portfolio companies employ more than 700,000 people globally, is stepping into the economic data void left by the US government shutdown with a grim read on the labor market." www.bloomberg.com/news/article...

Billionaire beef boss says Americans crave so much protein the country is outpacing its own production and turning to imports | Fortune Wesley Batista says GLP-1 drugs could be fueling the protein-diet fad.

"Billionaire beef boss says Americans crave so much protein the country is outpacing its own production and turning to imports" share.google/2ynNXBIRfIzP...

"the Ivanpah facility's decommissioning comes from its use of a now-obsolete solar technology that's both more expensive and less efficient in generating energy." www.slashgear.com/1986261/cali...

"A Country-Specific View of Tariffs" via @NewYorkFed libertystreeteconomics.newyorkfed.org/2025/10/a-co...
"the bulk of cross-country differences in tariff rates is explained by two factors: the U.S.-Canada-Mexico free trade agreement and differing sales shares in tariff-exempt categories"

"Turns out economic data *does* matter for stock traders" www.ft.com/content/87f4...

Especially US jobs & inflation data:

Uh oh; "A fire at Novelis’s Oswego, N.Y., plant, which supplies about 40% of U.S. auto industry aluminum, will disrupt automakers for months"
www.wsj.com/business/aut...

Fortunately, imported aluminum can fill the void and mitigate this massive domestic supply chain disrupti-

Oh.

The Trump administration just took yet another equity stake in yet another private company, this time 10% in Alaskan miner Trilogy Metals. Sheesh. www.bloomberg.com/news/article...

"US spirits exports tumble as drinkers shun American brands" www.reuters.com/business/us-...
"steep drops across major markets including the European Union, Canada, Britain and Japan, which together represent 70% of total exports"

New @nberpubs: "The Past and Future of U.S. Structural Change: Compositional Accounting and Forecasting" www.nber.org/papers/w34338

New @nberpubs: "Trade War and the Dollar Anchor" www.nber.org/papers/w34332
"Introducing a trade war that isolates U.S. goods markets from the world erodes the U.S. dollar's safety premium, raises U.S. interest rates, and lowers the world market value of U.S. firms."

New @nberpubs: "Financial Value of Nature: Coastal Housing Markets, Mangroves, and Climate Resilience" www.nber.org/papers/w34329

New @nberpubs: "How Immigration is Changing the Black-White Earnings Gap" www.nber.org/papers/w34327
"Results reveal remarkable earnings advances among 2nd-generation Black immigrants" 👀

New @nberpubs: "Capital Reallocation and Private Firm Dynamics" www.nber.org/papers/w34319
"capital gains taxes are most distortionary, primarily by discouraging entry and reallocation of capital, whereas income taxes are least distortionary."

"Staying put in Vietnam, furniture exporters bet US consumers will absorb tariff blow" share.google/WJZT18474rKs...

Excellent @JosephPolitano look at how tariff exemptions fuel the US AI Boom & economic growth in 2025: www.apricitas.io/p/the-tariff...
"The US is at the technological forefront of a rapidly expanding industry because of the free trade policies that this administration ostensibly despises.$

Very good piece from The Economist on how Europe's sclerotic, century-old labor regulations throttle innovation and fuel broader economic stagnation: www.economist.com/europe/2025/...

This is a great read... so why ARE we trying to copy China anyway? 👇👇👇

"Dollar Doubts Are Showing Up in the Corporate Bond Market" www.bloomberg.com/news/newslet...
"the US seems to be retrenching from the global system at precisely the same time it says it’s concerned about funding its debt"

Do Employers Comply with Pay Transparency Requirements in Job Postings? - Liberty Street Economics A look at how many employers are following pay transparency requirements in U.S. job postings.

"Focusing on the jurisdictions that adopted pay transparency laws early on, we find that many employers ignore pay transparency requirements" 😲 libertystreeteconomics.newyorkfed.org/2025/10/do-e...

GM lays off 900 workers after delaying second shift at Kansas factory indefinitely GM in 2023 laid out plans to manufacture the revamped electric Chevy Bolt in Fairfax.

"GM lays off 900 workers after delaying second shift at Kansas factory indefinitely" share.google/1U6FtqERL9sf...

UBS: "we now estimate the total tariff impact on the cost to construct an average home at approximately $8.9K,” seekingalpha.com/news/4500367...

"Taiwan will not accept Washington's proposal to locally manufacture half the chips it currently supplies to the U.S., the island's top trade negotiator said." www.cnbc.com/2025/10/02/t...

Ah, well, nevertheless. www.bloomberg.com/news/article...

At least tariffs created SOME jobs: lobbying jobs.

@bloomberg.com
@scottlincicome.bsky.social

Channeling my inner @scottlincicome.bsky.social

Chinese Industrial Policy Is an Anchor, Not an Engine There are zero reasons for the U.S. to adopt similar policies.

With the US pursuing "state capitalism," my new Capitolism
@thedispatchmedia.bsky.social checks on Washington's main motivation - China's version of the same.

Spoiler: it's not going well (for them).

"Chinese Industrial Policy Is an Anchor, Not an Engine"
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