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turtle4th.bsky.social
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S&P 500 earnings revision momentum/breadth now at April 2020 levels. Worse than any point in the 2022 bear market. sherwood.news/markets/s-an...

We need ideas like this. We've got to put all constructive thoughts out there, long odds or not. If we don't, we guarantee they won't materialize. So thanks @billkristolbulwark.bsky.social. Maybe this'll get a few Republicans thinking harder about history than their next election.

Gen-Z and millenial men's assessments of Trump have shifted quite a bit in just two weeks... Among men<45, Trump is down: 16 pts on overall job handling 18 pts on handling economy 19 pts on handling inflation He was above water on overall rating and economy in late March, but net negative now 1/2

The corruption and capitulation is staggering. Clearly our corporations and ultrarich literally stand for nothing. They became as wealthy in the land of the free, but are unwilling to stand up for the very values and principles that made them rich. Truly pathetic.

Lose their license for airing a segment that was critical of him…Hello? What are we even doing here America?

Come on man. It’s just all so demoralizing. Remember: the Republican Congress could stop this - ALL of this - at anytime, they simply choose not to.

Calm down, folks, it was just an attempted assassination of a Jewish Democratic governor and his family on the first night of Passover, it’s not like somebody spray painted a dick on a Cybertruck.

“.. Our worst enemies could not design a better way to harm our government than what is going on right now ..” @nbcnews.com www.nbcnews.com/politics/don...

Open for business

In a health summary worthy of North Korean propaganda, Donald Trump‘s doctor cited his “frequent victories in golf” when discussing the president’s “well-being.”

'A record-high share of consumers think business conditions are worsening.' www.apolloacademy.com/consumer-con...

Measles is WAY more contagious than flu. And thus you need a way higher vaccination rate to contain it. This is an excellent explainer by @aatishb.bsky.social & co. www.nytimes.com/interactive/...

'The real 30-year yield has now reached a high only previously seen during the spasm that followed the Lehman Brothers bankruptcy in 2008. It's hard to cast this as anything other than a significant loss of confidence in the US.' www.bloomberg.com/opinion/news... by @johnauthers.bsky.social

"The share of consumers expecting unemployment to rise in the year ahead increased for the fifth consecutive month and is now more than double the November 2024 reading and the highest since 2009." www.dailychartbook.com/p/658 via @dailychartbook.bsky.social

The combination of dollar down, yields up, oil down, gold up is quite unusual and suggests to me foreigners are selling treasuries. @bobeunlimited.bsky.social

30-Year Treasury Yield soared as high as 4.99% today, a 58 bps increase from last week, the largest weekly increase in 45 years 🚨 Probably Fine?

Biggest weekly rise in Treasury 10-year yield since 2001

Retaliating against lawyers for representing clients that Trump doesn't like tears at the fabric of our democracy and the rule of law. Proud to lead amicus briefs in support of Jenner & Block and WilmerHale in their suits against these unconstitutional and authoritarian EOs.

'Foreign investors have been selling US stocks.' thedailyshot.com/2025/04/11/t... via @thedailyshot.bsky.social

PANTHEON MACRO: “.. Consumers have spiraled from anxious to petrified. The expectations index, which dropped to 47.2 — its lowest level since May 1980 — from 54.2, now is consistent with zero growth in households’ real expenditure in Q2.”

* 30-Year Mortgage Rate back up to 7.37%, the highest level in 2 months @barchart.com $XHB

Trump now -5.2% on Nate Silver’s approval rating aggregator.

Economic uncertainty update: The thing about veering wildly between policy positions, favouring and then discarding a new maverick advisor each week, and using contradictory justifications at every turn, is that even if one particular pivot is in the direction of sanity, chaos is the constant.

We won’t be collecting any tax revenue this year

Net approval rating on day 78 Trump -5.53 Biden +16.15 (via @gelliottmorris.com)

This is the other key element. It's obviously not a "national emergency" if the policies can change on a dime like this, so what he's doing is obviously illegal even under existing law. bsky.app/profile/mcop...

(Columbus Dispatch) - Microsoft has abandoned its $1 billion data center project in Licking County, Ohio, citing a strategic investment review. @dispatch.com $MSFT www.dispatch.com/story/busine...