Genevieve Signoret

I almost started crying when it ended. Not because of the ending but rather because it was over.

Trump, Claiming Weak Jobs Numbers Were ‘Rigged,’ Fires Labor Official

For months, people have been asking me whether I still trusted gov’t data. My answer was always the same: The stats agencies faced longstanding challenges, some of which Trump was making worse. But there was no sign of political meddling.
I can’t say that anymore.
www.nytimes.com/2025/08/01/b...

Harm or Help? Why Companies Are Battling Tariffs Meant to Benefit Them.

Anecdotal micro data not (yet?) showing up clearly in the macro data.
www.nytimes.com/2025/08/01/b...

Yesterday I read that opinion and man was it ever beautiful.

Me neither.

Trump's tariffs will go into effect:
̶A̶p̶r̶i̶l̶ ̶2̶
̶A̶p̶r̶i̶l̶ ̶9̶
̶J̶u̶l̶y̶ ̶9̶
̶A̶u̶g̶u̶s̶t̶ ̶1̶
̶A̶u̶g̶u̶s̶t̶ ̶7̶
̶w̶h̶e̶n̶e̶v̶e̶r̶ ̶w̶e̶ ̶d̶o̶ ̶o̶u̶r̶ ̶h̶o̶m̶e̶w̶o̶r̶k̶
... and no extensions will be granted.

The irony.

Superb. I’m thrilled.

There seems to be no overlap between my taste in books and that of any NYT book critics. Intersection = Empty Set.

🇯🇵JAPAN PRIME MINISTER ISHIBA LIKELY TO ANNOUNCE RESIGNATION AS EARLY AS THIS MONTH, YOMIURI DAILY SAYS.

Has Trump damaged the dollar? Yes. How badly will become clear in the next crisis

Year-to-date, yes.

Has Trump damaged the dollar?
economist.com/finance-and-...
from The Economist

Xi Jinping is growing more elusive Reports that he is in trouble are, nonetheless, overblown

I’m getting investor newsletters saying Xi is weakening. The Economist disagrees, says his delegating to loyalists while failing to name a successor allows him to rule into old age.

Xi Jinping is growing more elusive
economist.com/china/2025/0...
from The Economist

Democrats’ 2024 Autopsy Is Described as Avoiding the Likeliest Cause of Death

"While Republican leaders did adopt many of its recommendations in time for the 2016 election, Mr. Trump’s campaign ran counter to many of the changes the R.N.C. had proposed."

So much for autopsies.
I vote for self-confidence and instinct.

Democrats’ 2024 Autopsy www.nytimes.com/2025/07/19/u...

‘I Didn’t Get It Done’: A Reflective Tim Walz Wants to Make Good

I think he has good instincts.

‘I Didn’t Get It Done’: A Reflective Tim Walz Wants to Make Good www.nytimes.com/2025/06/01/u...

Threats to the Fed go beyond firing Powell Curtis Yarvin’s ideas are going ever more mainstream in Trump’s Washington — and investors should be worried

Want to shake in your boots?

¿Quieren temblar?

Threats to the Fed go beyond firing Powell on.ft.com/44W1wK6

Goldman: “Going forward, tariffs will likely provide a somewhat larger boost to monthly inflation, and we expect monthly core CPI inflation between 0.3-0.4% over the next few months.”

The Businessman Grateful for Trump’s Tariffs

“A small company in northern Mexico had faced steep competition from China in making straps, plugs, fasteners, grommets, zip ties and clamps. Now, U.S. tariffs have driven a spike in his business.”

The Businessman Grateful for Trump’s Tariffs www.nytimes.com/2025/07/08/w...

NEW: The Supreme Court's injunction ruling may have long-term implications for the judiciary, but for now Trump's adversaries are still racking up sweeping wins via alternative paths the justices left untouched.

w/ @hassankanu

www.politico.com/news/2025/07...

I would be cautious in reporting this. The term “anti-vaxxer” has been grossly distorted.

Second Fed Official Indicates Support for Faster Rate Cuts

Second Fed Official Indicates Support for Faster Rate Cuts www.nytimes.com/2025/06/23/b...

It's a must-read.

6.19.33: On Saturday I read out my “Afterword.” Shock. How could I keep...that in the house? Köhler advised: hide it behind a picture...But what shall I do with my diaries? I wait from one day to the next...Sometimes I lose all heart and believe that this regime will last after all and outlive me.

“.. the strongest challenge to Trump’s iron grip on the Republican Party since he regained power in January.”

@wsj.com
www.wsj.com/politics/pol...

Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz Collision between two oil tankers raises anxieties in the region amid conflict between Israel and Iran

This is huge.

on.ft.com/3TttAit Visual analysis: GPS interference raises risk of accidents in Strait of Hormuz

Good luck with that.

You can’t fault Israel’s timing. Of course it created its own opportunity by debilitating Hezbollah first.

“.. ‘This is another band aid. .. The Chinese can decide six months from now, ‘we don’t like what you said about the party,’ or ‘somebody was mean to Xi Jinping.’ They can decide that and cut off rare earths again.”

@politico.com
www.politico.com/news/2025/06...

Cost cutting => job cutting.
Curtailing investment + job cutting => Stagnation at best.

This data from Arbor backs up what American Express’s CFO said yesterday: European outbound travel to the US is notably weak.

$AXP $XAL

MORGAN STANLEY: “.. In our view, this event derails the positive momentum on Boeing’s stock and we expect the news to be negatively received by the market. At this time, we remain EW the stock with a PT of $200.”