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andre-aus-tirol.bsky.social
Former Russian teacher, arms control interpreter, atmospheric physicist. Currently cyclist, skier and asteroid observer.
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The easiest way to make the S&P 500 go to 10,000 is put a 100% tariff on it.

Let's balance the budget by crashing the economy into recession and then we can run even higher deficits as tax revenues collapse.

1 week tech performances.

Friend of mine was checking out a new $TSLA car to buy but it had a bit of a musky odor, so he decided against it.

Not even 3% off the highs and it's nearly panic time around here.

How narrow has this bull market been? While $SPX is up over 25% since January 1, 2024 the value geometric index $XVG is not even up 3%.

The top 10% account for half of all consumer spending . The top 10% also own 90% of the stock market. Lose the stock market lose the economy. Hence from the Fed on down everything is and has been geared to protect the stock market.

I can tell you that the vast majority of civil servants I’ve had the honor of working with are dedicated and hardworking. For the richest person in the world to be given a bully pulpit in the Oval Office to impugn their integrity is beyond shameful. https://robertreich.substack.com/p/fraud

When Trump was sworn in, Elon Musk's corporations were under more than 32 investigations conducted by at least 11 federal agencies. Most of the cases are now closed or likely to be closed soon, and the federal agencies are being defanged by DOGE. Funny how that works, huh?

Major cuts to programs that millions rely on, all to finance another round of tax cuts that will disproportionately benefit the wealthy and big corporations. Another reminder that we have socialism for the rich, harsh capitalism for the rest.

At least six independent inspectors general fired by Trump all have one thing in common: their agencies investigated Elon Musk's corporations. Musk's crusade against the government isn't about "waste" or "efficiency." It's about shielding himself from accountability.

(Bloomberg) - Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department. www.bloomberg.com/news/article...

At this rate we'll have QE by March

Breaking news: The Canadian dollar, Mexican peso and US stock futures fell early on Monday after Donald Trump levied 25% tariffs on America's biggest trading partners www.ft.com/content/33ff...

Dude still got hit with tariffs on the iPhone

'Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department.' www.bloomberg.com/news/article...

“Congress has no ability to really intervene and monitor what's happening because these aren't really accountable public officials. So this feels like a hostile takeover of the machinery of governments by the richest man in the world.” www.wired.com/story/elon-m...

So, did we all come over here to get off of Twitter?