turtle4th.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Japan is at the heart of the global rise in long-term yields. To be honest, I'm surprised the rise has been allowed to be as rapid as it has. At 240% debt to GDP, Japan really can't allow long-term yields to keep rising the way they have. This is where fiscal dominance is acute. Debt is never free.

submitted 4 days ago • 1 comment

Republican Senators Rebuke 'Immoral' Trump Bill—'Emperor Has No Clothes' share.newsbreak.com/d8zh29um?s=i16

submitted 5 days ago • 0 comments

1/8 For the US to negotiate point-by-point concessions may satisfy those who think of trade mainly as a set of legal issues, but from an economic point of view it makes little sense to focus on highly specific restrictions and policies. www.nytimes.com/2025/05/24/w...

submitted 6 days ago • 2 comments

From me in @postopinions.bsky.social: Catalist suggests 2024 was counterintuitive in ways contradicting exits (e.g. Democrats lost more with white college voters than white non-college). Only thing everyone agrees on is that Dems collapsed with everyone but supervoters. wapo.st/4k6xwBJ

submitted 9 days ago • 4 comments

Our task: To stop Trump from making the United States of America his ultimate bankruptcy, his ultimate failure.

submitted 6 days ago • 139 comments

Huge credit to Karen Dunn and her partners here. There are more of these to come. The firms that bowed to Trump are going to long regret that decision as the business costs are going to continue to add up. Meanwhile Jenner and the firms that stood up are winning. www.nytimes.com/2025/05/23/b...

submitted 7 days ago • 6 comments

PMI: “The overall rise in prices charged for goods and services in May was the steepest since August 2022, which is indicative of consumer price inflation moving sharply higher.” 🇺🇸

submitted 8 days ago • 37 comments

'Morgan Stanley expects consumer spending growth to slow sharply later this year.' thedailyshot.com/2025/05/22/w... via @thedailyshot.bsky.social

submitted 8 days ago • 0 comments

'What happens in Japan doesn’t stay in Japan.' www.ft.com/content/7083...

submitted 8 days ago • 0 comments

Existing homes. Slowest sales pace for any April since 2009. 🇺🇸 @gregdaco.bsky.social

submitted 8 days ago • 39 comments

'The pause on reporting delinquent federal student loans has now ended. As a result, up to 10% of US households may face a steep decline in their credit score. This means they will no longer be able to get a loan to buy a car, a house, or new furniture.' www.apolloacademy.com/significant-...

submitted 9 days ago • 0 comments

This is the best macroeconomic newsletter there is. I read it religiously every week. We are lucky to have @econparker.bsky.social #Econsky

submitted 10 days ago • 1 comment

Trump is “saying across the board that ‘if I don’t like it, I’m not going to enforce it,’” said Peter Shane, a law professor at Ohio State University and a scholar in residence at NYU. “To my knowledge, no other president has taken that kind of stance.” www.washingtonpost.com/nation/2025/...

submitted 12 days ago • 18 comments

This is how you do it.

submitted 12 days ago • 0 comments

BREAKING: The EPA says it will reverse most of the drinking water standards aimed at protecting people from toxic "forever chemicals" known as PFAS. Even low levels of the chemicals known as PFAS are linked with cancer and other health problems. www.politico.com/news/2025/05...

submitted 16 days ago • 74 comments

“We ask all who believe in democracy and the best of our American experience to rise with us, raise your voices against authoritarianism, and let freedom ring," Springsteen said. I hope it inspires other artists to use their voices in this urgent time. www.americaamerica.news/p/must-artis...

submitted 13 days ago • 273 comments

share.newsbreak.com/d4jevoga?s=i16

submitted 13 days ago • 0 comments

Neil Dutta: "What's important is whether labor market conditions are getting better or worse. Momentum matters, and the data tells a pretty obvious tale: Conditions are deteriorating." www.businessinsider.com/america-crac...

submitted 14 days ago • 0 comments

If you’re looking for sentiment signals, forget consumer and business “surveys”. Look at how many permits the homebuilders want. @axios.com www.axios.com/newsletters/...

submitted 14 days ago • 14 comments

'Earnings-revision momentum sits at minus 38.5%. This represents a break below November 2022’s minus 38.2% reading, and suggests the EPS outlook for stocks is weakening for more companies than strengthening.' www.bloomberg.com/professional...

submitted 13 days ago • 3 comments

WOW. The Trump admin said they will review social media and deny immigration benefits to people saying antisemitic claims. They're even trying to deport people with green cards on alleged claims of antisemitism. Anyway, here's a tweet from an Afrikaner they flew here on Monday.

submitted 16 days ago • 322 comments

Ghoulish. She won't even agree to help a worried mother know whether her son is even alive. Andry has been imprisoned without trial for 60 days, held incommunicado by the Salvadoran government as part of a deal where we handed Bukele a metaphorical briefcase of cash to detain hundreds of people!

submitted 16 days ago • 166 comments

@newyorkfed.bsky.social Household Debt & Credit Report for Q1 '25 1⃣ Delinquency rate rose to 4.3%, largely from resumption of student loan delinquency reporting 2⃣ New 30/90-day delinquency driven by student loans 3⃣ Transitions into delinquency for credit cards & auto loans > pre-Covid

submitted 16 days ago • 1 comment

"Both bimetallism and bitcoin represent radical ideas for the transformation of the monetary standard, with alleged miraculous benefits to the economy. In both cases, an enormous number of people began to regard the innovation as cool, trendy, or cutting-edge." www.acadian-asset.com/investment-i...

submitted 18 days ago • 0 comments

I am predicting people in front of tanks during Trump’s birthday parade.

submitted 20 days ago • 5 comments

Trump’s pick of Fox host Jeanine Pirro for U.S. Attorney in D.C. brings the number of Fox hires in his administration to 23. It’s not a government, it’s a casting call for state TV.

submitted 20 days ago • 73 comments

First Chinese freight ship goods hit with Trump's 145%-plus tariffs arriving at U.S. ports www.cnbc.com/2025/05/09/f...

submitted 21 days ago • 1 comment

Maersk sees 30%-40% drop in China-US trade and ‘race’ for inventories ▶️Volumes in other trades still growing at around 4% ▶️US importers are drawing from inventories in Canada and Mexico and seeking import replacements from domestic distributors www.lloydslist.com/articles/202...

submitted 21 days ago • 12 comments

Seems like a lot of waste and fraud babe… youtu.be/vNtzXxYSvT8

submitted 21 days ago • 14 comments

"With the baseline 10% not going anywhere, the average US tariff is still set to remain in double digits, which will deliver a big hit to real incomes in the US which will cause growth to slow sharply in the second half of the year." www.axios.com/2025/05/09/u...

submitted 21 days ago • 0 comments