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carlquintanilla.bsky.social
25+ years at @CNBC and @NBCNews / @WSJ alum / board member, NY City Center
6,382 posts 212,011 followers 725 following
Prolific Poster

This is honestly hard to watch.

Day 53. 🇺🇸

Wait. Hurricanes have a “season”? 🤡

This story is free to read, like all WIRED stories based on FOIA.

“.. I can’t think of any other deal that more encapsulates how Silicon Valley has changed in the past couple of years than this one ..” @opinion.bloomberg.com $META www.bloomberg.com/opinion/arti...

🤡

“.. The Democratic Party has commissioned a taco truck to serve free lunch outside the Republican National Committee’s DC headquarters beginning at noon on Tuesday.” @motherjones.com www.motherjones.com/politics/202...

This could explain, in part, why stocks just took out the May high.

FED WATCH: “.. there is a high conviction that China may have won this round in the trade war. “.. If correct, tariffs will continue to fade, which may imply they are negotiated at lower levels to secure a deal .. which could trigger the next risk-on phase that may begin cautiously today.” 👀

Sen. Warren’s new Senate report on Elon Musk’s 130 days as a “special government employee” — and the “actions that raise questions about corruption, ethics and conflicts of interest”: www.warren.senate.gov/imo/media/do...

* NY FED: NET INCOME FROM OPERATIONS COULD BE NEGATIVE IN 2025 @bloomberg.com

(Reuters) - A group representing major U.S. and global aeropsace companies on Tuesday warned new tariffs on imported commercial aircraft, jet engines and parts could put air safety and the supply chain at risk or have unintended consequences.

* U.S. AEROSPACE GROUP WARNS NEW TARIFFS ON AIRPLANES, PARTS COULD PUT SUPPLY CHAIN, AVIATION SAFETY AT RISK -- FILING WITH COMMERCE DEPARTMENT @reuters.com $XAL $JETS

* CHINA'S FOREIGN MINISTER: REGRETTABLE THAT US RECENTLY INTRODUCED A SERIES OF 'NEGATIVE' MEASURES -- CHINA FOREIGN MINISTRY STATEMENT * CHINA'S FOREIGN MINISTER: AFTER THE GENEVA TALKS, CHINA HAS 'CONSCIENTIOUSLY AND STRICTLY' IMPLEMENTED THE CONSENSUS @reuters.com

NEWARK, N.J. (AP) - Newark Mayor Ras Baraka sues New Jersey's top federal prosecutor after being arrested at immigration detention facility.

PAYCHEX CEO, on @cnbc.com: ".. where we see the laggards really been leisure & hospitality. It's remained last among all of the sectors for the 4th straight month. .. the index has been below 99 for the last 12 months. Its wage inflation is below 2% .. really the weakest in the services areas .."

Denzel Washington once advised Michael B. Jordan about the perils of overexposure -- in the press and in social media. "Why would they pay to see you on a weekend if they see you all week for free?” @vulture.com www.vulture.com/article/mich...

* BRAZIL'S LULA: WE HAVE BEEN SEEKING TO NEGOTIATE TARIFFS WITH U.S. GOVERNMENT * LULA: U.S. NEED TO UNDERSTAND IT IS IMPORTANT TO RESPECT INTEGRITY OF OTHER COUNTRIES' INSTITUTIONS * LULA: IF THERE IS NO AGREEMENT ON TARIFFS, WE COULD SEEK WTO OR TAKE MEASURES OF RECIPROCITY @reuters

".. Beijing has a sharp nose for weakness, and for all his bravado, Trump is signaling eagerness — even desperation — to cut a direct deal with Xi. .. That only stiffens Beijing’s resolve." @politico.com www.politico.com/news/2025/06...

".. Hotel summer bookings are either flat or falling from last year, and airline bookings are down even though airfares have also declined .." @yahoofinance.com $XAL $JETS finance.yahoo.com/news/america...

NYT: ".. Nearly a quarter of consumers using buy now, pay later loans finance groceries, up from 14 percent a year ago." @nytimes.com www.nytimes.com/2025/06/02/b...

LUCE: “.. You can't blame Xi for being wary of talking to Trump. In late April, Trump told Time that Xi had called him — ‘and I don’t think that’s a sign of weakness on his behalf.’ No such call had taken place.” @edwardluce.bsky.social www.ft.com/content/d64c...

UBS: “US recession probabilities moving back up.”

#ThePurplingOfAmerica 🇺🇸

APOLLO: “64K NFP Coming?”

“.. Xi feels empowered to harden his position from Trump’s first term. The arsenal of trade tools China has built .. including export controls of critical materials .. gives it the ability to cause the U.S. real pain.” @wsj.com www.wsj.com/world/china/...

MORGAN STANLEY, on robots: “.. the next 5 or 10 years with AI could bring more innovation than a century pre-AI. Prepare for the tech to develop far faster than the policies can keep up .. “.. We want to avoid a situation where the humans get dumber faster than the robots get smarter.”

JPM DESK: “.. tariffs are a net negative .. WHEN does this become fully apparent in the macro data. Our best guess is either July or August .. “.. if we get to the point that NFP is printing materially below 100k AND there is no change to the trade war rhetoric, this is a market that will crumble.”

AUTHERS: The #TACO trade has given emerging markets currencies a tailwind. “EM Currencies Like Them Tacos.” 🌮 www.bloomberg.com/opinion/news...

“.. the working estimate for when Putin might have the capabilities to take on NATO once he’s done in Ukraine .. six months for a localized attack, two years for a regional Baltic war, and five for any wider European conflict.” @matthewchampion.bsky.social www.bloomberg.com/opinion/arti...

Americans have few ways to fight back against the oligarchs. The boycott is one of them. That’s why fascist Republicans — in the oligarchs’ pockets — are attacking our power to organize boycotts.

Day 52. 🇺🇸

1. China. 2. the EU. 3. US courts. @bloomberg.com www.bloomberg.com/news/newslet...

“.. We may be entering a structurally high-rate, high-cost era with no off-ramp .. “.. portfolios built on duration, debt, and discount-rate dreams could be dangerously misaligned .. in a world where money isn’t cheap and inflation won’t fade.” @barchart.com www.barchart.com/story/news/3...

The Mount Etna video today is incredible. @wutangforchildren.bsky.social

Should we make sure he knows about fire season

My take on Elon Musk and his plan to leave government. www.economist.com/united-state... With a mini scoop at the end - the workers going back into the United States Institute of Peace offices found a whole bunch of weed apparently thrown away by the DOGE staffers who had been hanging out there

Great to start the work week!

.. as companies prioritize “AI-focused jobs and harnessing the technology to save money.” @bloomberg.com $MSFT www.bloomberg.com/news/article...

(Reuters) - Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said during a briefing that he had not been aware the country has a hurricane season, according to four sources .. @reuters.com www.reuters.com/world/us/fem...

“.. a 19.1 percentage point increase in the ISM manufacturing price index over the past 6 months “.. Driven by increases in steel & aluminum prices .. as well as the general 10% tariff applied to many imported goods ..” @gregdaco.bsky.social

Even Musk’s AI sees it: the GOP’s “Big Beautiful Bill” is a massive handout to the ultra-wealthy.

$ORCL $MS $MCD @mediaitenews.bsky.social @wsj.com www.mediaite.com/politics/tru...

ROSIE: “.. The soft data are starting to feed into the hard data, though it is remarkable how many pundits still believe the U.S. economy is on solid ground.” app.rosenbergresearch.com/dashboard/pu...

* MORGAN STANLEY KICKS OFF $5 BILLION DEBT SALE FOR MUSK'S X.AI @bloomberg.com

M&A activity plunges to lowest level in 20 years, surpassing even the worst point of the Global Financial Crisis 🚨🚨

* Goolsbee Says Recent PCE Inflation Print May Have Been 'Last Vestige' Of Pre-Tariff Impact @livesquawknews.bsky.social

In Greek mythology, Narcissus fell in love with his own reflection in a pool of water.