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Steve Matthews Profile
Steve Matthews

@SteveMatthews12

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Ex-@Business/@economics. Retweets aren't endorsements. Tweet stories I find interesting, not all I agree with.

Atlanta
Joined April 2009
Don't wanna be here? Send us removal request.
@SteveMatthews12
Steve Matthews
5 months
Personal news: Retiring from Bloomberg after 27 years. Thanks to my colleagues in Atlanta, Washington and elsewhere for their friendship and collaboration over the years. As my former boss used to say, the best is yet to come.
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@SteveMatthews12
Steve Matthews
10 hours
@ernietedeschi The policies (mainly immigration) seem aimed at limiting labor supply -- and lowering aggregate demand is a great idea if your goal is recession.
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@SteveMatthews12
Steve Matthews
10 hours
RT @LHSummers: I join Treasury Secretaries Rubin, Geithner, Lew and Yellen in writing this @nytopinion guest essay because we are alarmed a…
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@SteveMatthews12
Steve Matthews
2 days
@allenanalysis Eggs at a record —a bit over $7 not $15. Not sure who is selling for $15 but I would shop around.
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@SteveMatthews12
Steve Matthews
2 days
@justdave89now I had a sore arm that lasted a day—but no Covid.
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@SteveMatthews12
Steve Matthews
2 days
@DougWahl1 Yes. It’s fine for people with public government roles to be publicly accountable.
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@SteveMatthews12
Steve Matthews
3 days
This was definitely the strategy used in the 1990s via Bill Clinton’s Treasury team.
@darioperkins
Dario Perkins
4 days
Scott Bessent is too wily and totally understands central banks. He has figured out that the best way to get the Fed to cut rates is to tell them that Trump doesn't want them to cut. #cunning 🤣
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@SteveMatthews12
Steve Matthews
3 days
@benboulware7 Many congrats!! Wonderful for Clemson.
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@SteveMatthews12
Steve Matthews
3 days
@stevehouf Oil companies went through a period in which they dramatically boosted supplies -- and their stocks were pummeled for it. Since then, they have been very conservative with drilling new wells and focused more on shareholder returns. I don't see that changing.
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@SteveMatthews12
Steve Matthews
3 days
@stevehouf At least on fiscal matters, I think you do want to bet against Elon. The math is pretty clear that you don't get there anytime soon unless you restructure Social Security and Medicare or slash defense spending, Both are extraordinarily unlikely in this Congress.
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@SteveMatthews12
Steve Matthews
3 days
@drstevebool Many thanks!
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@SteveMatthews12
Steve Matthews
3 days
@JamesSurowiecki It's also funded via the Fed not the federal budget per se -- plus gets enough in fines to fund it I think....
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@SteveMatthews12
Steve Matthews
3 days
Musk’s DOGE Teen Was Fired By Cybersecurity Firm for Leaking Company Secrets
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@SteveMatthews12
Steve Matthews
3 days
@conorsen The answer to “is it a good time to build a new office building’’ is no for many, many years to come though I guess other questions probably require some reading and research.
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@SteveMatthews12
Steve Matthews
3 days
@stevehouf Democrats see 5-year inflation expectations at 4.2% -- that is an insane figure if you believe there's an independent Fed committed to 2% inflation, which there is. One-year inflation is very much volatile and tariffs are an issue. Five-year expectations are crazy.
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@SteveMatthews12
Steve Matthews
3 days
If you have ANY confidence in an independent Fed, there's no way we get anything close to 5-year inflation of 4.2%
@M_McDonough
Michael McDonough
3 days
5-year inflation expectations broken down by political party affiliation. *Updated* (chart on WSL POLITICS)
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@SteveMatthews12
Steve Matthews
4 days
RT @ZcohenCNN: A 23-year-old representative from Elon Musk’s DOGE was granted access to the Energy Department’s IT system on Wednesday by E…
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@SteveMatthews12
Steve Matthews
4 days
@ernietedeschi You really can’t keep track of the Treasury market or get ahead of any potential financial crisis without a Bloomberg terminal.
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@SteveMatthews12
Steve Matthews
4 days
RT @JStein_WaPo: Via the Wall Street Journal
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@SteveMatthews12
Steve Matthews
4 days
RT @NickTimiraos: According to this reporting, the Trump administration two weeks ago was seeking access to the Treasury Department’s payme…
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