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paulheckman.bsky.social
alright, let's give this a try...
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Halliburton holy shit

The billionaire version of “I never thought the leopards would eat my face” is supporting a corrupt, personalist, and vindictive regime and just believing you’ll always be on the inside of the corrupt personalist vindictiveness. Many such cases!

NAAIM Exposure 81, down fractionally

Make China great again. Or the downside of not thinking even one step ahead in a trade war. www.wsj.com/business/aut...

This iPhone production episode of Odd Lots reminds me of all those articles on Dwayne Johnson’s diet. “He hasn’t eaten candy since 1989! He eats 5 pounds of cod a day!” and my thought is “Yeah, the US isn’t going to do any of that.”

I’m gonna lose it man

Medicaid is the most important source of long-term care for the elderly. www.wral.com/lifestyle/he...

Still true today 👇

NAAIM Exposure up to 88, highest since early March.

the implications of our supreme court potentially overturning a unanimous decision from a international trade court on international trade law are not lost on me

this stuff is shameful and these people should be shunned from polite society

Fed’s gotta cut

(Bloomberg) -- President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, a major blow. The ruling can now be appealed by the Trump administration in federal court. The court said justifying them on the basis of "national emergencies" exceeded his authority.

Mortgage rates are higher now than they were when the Fed began cutting last September. 🤡

Me in @opinion.bloomberg.com: Job growth has been slowing, but the growth in the number of Americans collecting Social Security has been accelerating -- this "silver tsunami" is helping support consumption as the economy deals with other headwinds: www.bloomberg.com/opinion/arti...

“Fifty years from now, you will want to be able to look in the mirror and know that you did what you thought was right, in every part of your life. At the end of the day, your integrity is all you have.” Jay Powell www.federalreserve.gov/newsevents/s...

Just rewatched that incredible film by Eastwood I'll take this down if @conorsen.bsky.social disagrees

Good to see this. The law partners surrendering on core rule of law issues to Trump are legitimately the most contemptible people in the country. www.nytimes.com/2025/05/23/b...

youtu.be/y2qUs_c4Z08?... 🎶Can't you tell...🎶

The Trump admin seems to believe putting a 10% then 20% then 10% then 25% on cars then 25% on car parts then threatening a 50% tariff is "negotiating in good faith with the EU", and the Euros saying "this is stupid" is not negotiating in good faith.

With the Trump meme coin dinner about to get underway, I’m minded to reshare my favorite column lede of the year (from @edwardluce.bsky.social)

I just finished meeting with one of our amazing international students who is graduating and was reflecting on their experience here. And then open this. What a horrible, horrendous thing to do—I hope it can be stopped quickly.

It isn’t just Urban that had a blockbuster Q. $AMZN updates today that US retail sales are still going strong. Yes tariffs haven’t yet impacted prices but going into that storm with strength. Hooboy that Target 😱 $TGT $WMT $HD $XLY $XLF msn.com/en-us/money/co…

I'm not very good at narratives but maybe the bond market is saying it doesn't love giving a tax cut to Elon.

Seems like more people should be talking about this www.washingtonpost.com/business/202...

The latest effort at tax reform, writes Jason Furman, “which I can think of only as tax deform, is a tremendously expensive effort to make the tax code less efficient, less fair and more complicated.”

However progressive you are and whatever your policy goals are, there’s really no way to make progress unless you can win a senate majority — that’s the bar. www.slowboring.com/p/whats-the-...