The Long View
@HayekAndKeynes
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Institutional Investor. Named a top finance account by BI. Featured on WSJ, FT, Bloomberg. News Junkie. Macroeconomics, investing, markets & life.
Joined December 2014
If you’re wondering why the economy has been so resilient take a look at this thread and let me know what you think … 👇🏻👇🏻👇🏻
The stimmy keeps on coming 🍾 Inflation adjustments to social security and increases in retiree healthcare (+150bn) completely offset expiring income tax credits (-$150bn)… Next year those two categories will rise by another $200bn yet again (~1% of GDP) with no real offset. This is all due to a massive wave of retirees now eligible to receive government benefits… 💴 💴 💴
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@EconomPic @byHeatherLong @sonusvarghese There was only a 6% shift so it’s possible..: would have had to have taken over half the jobs. Food + retail probably explains most of it,
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@nwtSwaps4CL They could certainly cut a little to boost FCF but hard to see anything less than last years capex
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OpenAI is not expected to be profitable until 2029. They are currently losing $5bn a year
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The media loves Trump. He always brings in the eyeballs = more advertising dollars
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@irecep2 Yes. Mostly just for show until they address mandatory spending cuts. Also kind of telling they won’t even consider adjusting the tax cuts
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@poirierfelix12 I’m agreeing there are some people who have a reason to be very irritated and mad and bewildered. Doesn’t apply to 98% of people
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@tobyzapf That was the biggest miscalculation I made with Trump in 2016. I expected there to be outrage fatigue. Just have a tantrum and get it all out. Unfortunately he is an animating force for the 🦇 💩 crazies
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