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retainingwater.bsky.social
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Day 52. 🇺🇸

Taco Tuesday has arrived early, folks!

Trump’s lock screen was spotted on his phone last night—and it was a photo of himself. Is that not one of the most narcissistic, self-absorbed things you’ve ever seen??? Not his family, not his kids, but himself. Wtf…

ISM Manufacturing Survey: -New Orders and Backlogs Contracting -Production and Employment Contracting -Supplier Deliveries Slowing -Raw Materials Inventories Contracting -Customers’ Inventories Too Low -Prices Increasing -Exports and Imports Contracting www.ismworld.org/supply-manag...

Empty-shelf time: “.. ISM Manufacturing imports plunged to 39.9 in May ... lowest since the financial crisis.” (via Kevin Gordon)

The ISM manufacturing survey comments are lit: “.. supply chain disruptions rivaling that of COVID ..”

Fourth consecutive prices-paid reading above 60 in a row. Third consecutive sub-50 headline number.

“.. US stocks have underperformed international stocks by 13.6ppt YTD — the biggest gap in 32 years.” VTI $VEU @mikezaccardi.bsky.social

Exclusive: Morning Consult finds that due to trade policy, global favorability of China is rising, while America is falling

".. American automakers are the hardest hit .. production at factories across the Midwest and South could be cut back in the coming days .. Carmakers need the magnets for the electric motors that run brakes, steering and fuel injectors." @nytimes.com $GM $F $STLA www.nytimes.com/2025/06/02/b...

"By hitting Trump with TACO over and over, you (a) reveal his pull-backs as weakness and (b) dare him to go through with the stuff that will screw up the real world—and, in theory, create pain for his movement."

Happy Pride!

🏳️‍🌈HAPPY PRIDE MONTH!!!!❤️ LOVE IS LOVE.💙

The man who’s going to lead us to Mars is perpetually stoned on Ketamine. Perhaps the crash-prone, self-igniting cars that he builds should’ve served as a clue that he has a problem.

This post is unhinged. It’s time to talk about a wellness check and the 25th Amendment. If the former president posted this about Trump, the right would show up to the White House with pitchforks demanding it.

The Saturday night musing of a madman…

I'm a white person who doesn't want to live in a nation made up of nothing but white people. I have no interest in seeing us become a gated community of inbred, entitled supremacy that cuts itself off from a world it believes itself superior to. johnpavlovitz.substack.com/p/im-a-white...

Vital Knowledge warns investors not about #TACO 🌮 — but #TALO.

Australia’s great divide.

Reporter: Were you were you aware of Elon Musk's drug use?  Trump: No, I wasn't.I think he's fantastic. I think Elon is a fantastic guy. Reporter: Are you troubled by these reports? Trump: I’m not troubled by anything with Elon

Trump on Joe Biden, who recently announced a cancer diagnosis: "If you feel sorry for him, don't feel so sorry, because he's vicious ... I really don't feel sorry for him."

Ketamine. Ecstasy. Mushrooms. “.. Mr. Musk told people that his ketamine use was causing bladder issues ..” @nytimes.com www.nytimes.com/2025/05/30/u...

There’s your empty shelf. US goods imports drop 19.8% in April — largest on record

MILBANK: ".. the entire Trump presidency, four months after its incendiary launch, is now experiencing a rapid unscheduled disassembly of sorts." @danamilbank.bsky.social @megancnbc.bsky.social www.washingtonpost.com/opinions/202...

NEW: Megan Twohey and I went deep on Elon Musk’s intense drug use as he rose to political power alongside Trump last year. He was using so much ketamine that he told people it was affecting his bladder. At SpaceX, he is getting warnings ahead of drug tests www.nytimes.com/2025/05/30/u...

I can’t stop laughing about the fact that the Pope is now holding a huge event in Chicago on the same day as Trump’s small-in-the-pants birthday parade.

The three-judge panel .. Reagan, Obama and Trump appointees .. ruled that Trump does not have the authority.. “.. In fact, the judges said an injunction wasn't enough — they issued a summary judgment .. blocking almost all of Trump's trade levies to date.” www.axios.com/newsletters/...

Oh, I'll bet they are. * INDIA STUDYING IMPACT OF U.S. COURT DECISION ON TARIFF DECISION -- INDIA TRADE MINISTRY SOURCE @reuters.com

“I don’t know why any country would want to engage in negotiations to get out of tariffs that have now been declared illegal.” (h/t Kev Gordon)

WASHINGTON (AP) - In second estimate, US says economy contracted 0.2% in first quarter amid Trump trade war tumult.