jwatson @jeremywatson18

PSU Alumni Oil City, PA Joined June 2012

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Austen Allred @Austen

a year ago

How did Americans become so economically illiterate that we consider any profit to be “price gouging?” Kroger literally has 1.88% net margin. GTFO. These are the companies that think more about reducing costs and prices than any others, and have RAZOR thin margins.

Dr. Jane George @JaneGeorgeTN

a year ago

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Sven Henrich @NorthmanTrader

2 years ago

Reality is all that previous excessive money printing has goosed up prices far above the long term core trend. And only a hard landing would even have a shot at bringing it back to trend, otherwise the future is clear: Permanent higher prices and cost of living with wages not…

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zerohedge @zerohedge

2 years ago

The AAA median debt/GDP ratio is 39%; AA is 45%. The US has been >100% for years. It is, objectively, a banana republic.

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zerohedge @zerohedge

2 years ago

Yellen Says Fitch Downgrade Based on Outdated Data She's right: US interest expense is no longer $500 billion, it is $1 trillion now

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The Kobeissi Letter @KobeissiLetter

2 years ago

The Fed just raised interest rates to their highest level since 2001. Last time interest rates were this high, the US had $6 trillion of debt. Today, the US holds roughly $31.5 trillion of debt. As rates hit new highs, interest on US debt has become a crisis. (a thread) 1/8

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Nick Maggiulli @dollarsanddata

3 years ago

Perfect case study of how “Everyone feels like a genius in a bull market”

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Big Cat @BarstoolBigCat

3 years ago

A stupid Targeting ejection. College Football is now back!

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Cato Institute @CatoInstitute

3 years ago

Happy Birthday to prominent free‐market economist Milton Friedman, recipient of the 1976 Nobel Prize for Economic Science, born July 31, 1912! bit.ly/2mZZnZ2

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Nate Anderson @NateHindenburg

3 years ago

The fact that fiscal austerity isn’t even being discussed and instead we’re getting a new massive spending bill called “The Inflation Reduction Act” says a lot about where we are heading.

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Jeff Bezos @JeffBezos

3 years ago

Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.

President Biden Archived @POTUS46Archive

3 years ago

Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics.

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jwatson @jeremywatson18

3 years ago

The Oil City Giant Eagle is an absolute gong show every time. It’s like an alternate dimension

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zerohedge @zerohedge

3 years ago

Worst first half for stocks in 52 years.

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Charlie Bilello @charliebilello

3 years ago

Shelter is the single biggest component of CPI (33% of the Index) and is still being wildly understated (@ +5.5% YoY) with rents up 15.4% over the last year and home prices up a record 20.6%. The true inflation rate is much higher than 8.6%.

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zerohedge @zerohedge

3 years ago

The Consumer Is Getting Squeezed zerohedge.com/personal-finan…

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Lil Sasquatch @lilsasquatch66

3 years ago

Pretty crazy draft night. Didn’t see this coming, thank you.

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zerohedge @zerohedge

3 years ago

Central Banks: Who Needs Them? (Spoiler Alert: No One) zerohedge.com/economics/cent…

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Ramp Capital @RampCapitalLLC

4 years ago

Shoot me into the sun

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Charlie Bilello @charliebilello

4 years ago

Shelter is the single biggest component of CPI (33% of Index) and is still being wildly understated (@ +4.7% YoY) with rents up 18% over the last year and home prices up 19%. Actual inflation rate is much higher than 7.9%.

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Liberty Street News @LbrtyStreetNews

4 years ago

Imagine being this stupid.

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Bill Ackman @BillAckman

4 years ago

I can’t think of an example of a regulator finding a public fraud first. It takes well resourced and incentivized market participants, ie, short sellers or whistleblowers. @Columbia professors who write poor quality research to promote their side consulting gigs should be fired.