Jonny Newburgh, CFA

YouTube video by Brookings Institution The Independence of the Federal Reserve: Why It Matters

Ben Bernanke and Janet Yellen on why the independence of the Fed matters: a (very) short video. via @brookings.edu youtu.be/xeIAlIEzlI8

it is verifiably not false? its on their website

HOME | Atlanta Way 2.0 Discover Atlanta Way 2.0: A modern approach to fostering collaboration, inclusivity, and civic engagement in the Atlanta region. Building on the legacy of the Atlanta Way, we connect diverse leaders, ...

Gotta capitalize that into Atlanta Way 2.0: www.atlantaway.org

Let ABC know how you feel about their bowing to the thugs in power and cancelling Jimmy Kimmel's show: support.abc.com/hc/en-us/req...

Lol I wonder which 2025 dot is Miran

Judith Butler on being named to a list of UC Berkeley faculty & students provided to the Department of Education to be investigated for anti-semitism, w/ zero transparency about what they're being accused of or by whom. Pure McCarthyism & totally indefensible. www.theguardian.com/us-news/2025...

How it started. How it’s going

Georgia Touts Its Medicaid Experiment as a Success. The Numbers Tell a Different Story. Only 6,500 participants have enrolled in a program that has cost taxpayers more than $86 million — a warning for other states looking to impose restrictions on Medicaid in a second Trump presidency.

GA is currently the only state with work requirements and it's also a disaster.

www.propublica.org/article/geor...

Justice Department Told Trump in May That His Name Is Among Many in the Epstein Files Bondi told president at the meeting that Justice also decided to not release more Jeffrey Epstein documents because of the presence of child pornography and the need to protect victims.

Exclusive: The Justice Department told President Trump in May that his name is among many in the Epstein files.

what special insight does bari weiss have? what story did she break? what has she done other than pretend to be canceled? and the Free Press is barely a journalistic outlet. it is a penthouse letters page for reactionary gen xers

I recall @tracyalloway.bsky.social discussing this fear on Odd Lots several years ago. I think that was related to Swiss reactors. Oy veh.

Professionally, I finance only FQHCs (nonprofit health centers servicing mostly folks on Medicaid) with debt and tax credits (NMTCs). This is devastating but FQHCs are resilient AF, and they'll find a way.

This can't be real, right?

Let's hope OZs get cut, NMTCs stay. NMTCs are far more effective at encouraging investment in low income neighborhoods: www.nber.org/system/files...

CC @mark-carney.bsky.social, you on this?

Seems easier to just open a pilot grocery store and test the hypothesis.

"Probably" is doing a lot of work there.

Is there a reason to not test the idea of publicly owned stores at a small scale where there are glaring market failures?

Sure, but have you ever tried to underwrite a grocery store built through incentives. Atlanta is a great case study -- Edgewood Kroger (good with NMTCs in large development) vs SW Savi Provisions (bad with direct funding in scattered sites).

Can someone help me understand why Waller and Bowman support decreasing the FFR as soon as July when expectations for core PCE inflation are ~3% by year-end?

Again and again, the Free Press spent years complaining about illiberalism and when confronted with the first truly authoritarian government of our lifetimes went from being soft apologists to full throated endorsers

Manhattan Neighborhood Profile Last updated: 05/08/2025If you are browsing on a desktop, we encourage you to explore our interactive figures, where you can zoom in and out the figures to gain deeper insights and hover over the figu...

Fair. The original source used the HUD definition of median income, which is based on the NYC metro area. The city proper has a lower median income ($79,480). Still, earning 125% of the city's median income is not rich. (Furman Center has more recent data: furmancenter.org/neighborhood...)

Ok. I think it's silly to call someone who makes less than the median income rich, but that's just me.

Lol, are you a bot? It's the 50th percentile. Is this how @besttrousers.bsky.social always feels?

Median Incomes Know the Facts. Share the Facts. Be part of the solution.

Cool anecdote. Very few neighborhoods (I count 8 "community districts") have median incomes so low: data.cccnewyork.org/data/map/66/....

100% area median income for a one person household in NYC is $113,400.

$100,000 in NYC is far from rich.

www.nyc.gov/site/hpd/ser...

I did not edit this, this is the actual parade with the actual music being played.

CINEMATIC

It's such a simple thing to study: Dreyfus Affair, Russian conscription, Holocaust. Emigration offered a better, safer life, whether in the British Mandate, the US, or elsewhere.

Netanyahu Calls Iran Strikes Necessary To Prevent War He Just Started

Netanyahu Calls Iran Strikes Necessary To Prevent War He Just Started

This is exactly why Emily Oster is bad.