
Robert Burgess
@BobOnMarkets
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Bloomberg Opinion Executive Editor and markets columnist. Former Executive Editor for Global Markets. Opinions are my own; retweets not endorsements. @opinion
New York
Joined August 2014
RT @arusbridger: What if Zuckerberg and Bezos had held their nerve? What if ABC had told Trump they’d see him in court? What if the Ivy Lea….
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RT @elerianm: Last weekend, Goldman revised its US growth and inflation forecasts in a stagflationary direction. Now, it’s a set of even mo….
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RT @sahilkapur: This is the US budget. Trump/GOP say their agenda won’t cut Social Security or Medicare. They’re *expanding* military spend….
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RT @opinion: Howard Lutnick's refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses, @B….
bloomberg.com
A refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses.
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RT @George_A_Callas: Yes. Over 40% of households don’t even pay income tax and wouldn’t benefit from these tax breaks — but would have to….
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RT @sdonnan: It's not just tariffs. The risks to growth are piling up under Trump. Latest with @endacurran for @business & @economics:….
bloomberg.com
President Donald Trump’s latest trade-war salvo, the largest act of American protectionism since the 1930s, will likely put the brakes on US growth in the near term – and it’s just one of the shocks...
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.@elerianm:. "While still relatively low, my probability of a recession has increased from 10% at the beginning of the year to 25% to 30% today. This is a consequential and quite unsettling development for an economy with high potential. ".
bloomberg.com
It’s only a matter of time before economists start slashing growth forecasts for the American economy.
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RT @AdamMinter: This is very interesting. @clive_crook and @BobOnMarkets debate whether investors are right to forgive the US's debt addict….
bloomberg.com
Bloomberg Opinion’s fiscal hawk takes on its market optimist in a debate about whether the US is on a path to financial ruin.
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RT @economics: A weather-changing La Niña has developed in the equatorial Pacific further adding to drought worries in California, as well….
bloomberg.com
After months of anticipation, a weather-changing La Niña has developed in the equatorial Pacific further adding to drought worries in California and the southern US, as well as the croplands in South...
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EXCLUSIVE: More than 800 pages of Patel's emails obtained by FOIA Files, from the Office of Director of National Intelligence, raise questions about whether he’ll weaponize the FBI to settle scores if he’s confirmed as its next director via @business.
bloomberg.com
More than 800 pages of Patel's emails obtained by FOIA Files, from the Office of Director of National Intelligence, raise questions about whether he’ll weaponize the FBI to settle scores if he’s...
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Hydrants are part of municipal water systems and many of those in California are gravity-fed, according to John Fisher, a retired battalion chief of San Diego Fire-Rescue who spent 34 years battling blazes. (2/3).
bloomberg.com
As firefighters battle infernos that have caused billions in damages, a shortage of water is making their job harder.
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Neighborhoods in the path of the Palisades and the other fires have been some of the hardest-hit by insurer defections. The 90272 ZIP code of Pacific Palisades saw 1,930 policy non-renewals between 2019 and 2024, or 28 of every 100 policies. via @opinion.
bloomberg.com
Homeowners in increasingly risky areas can’t obtain adequate coverage as insurers flee the state to avoid losses.
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Hershey is asking the US’s top derivatives regulator for permission to BUY MORE THAN 90,000 METRIC TONS of cocoa on ICE Futures via @markets.
bloomberg.com
Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record, according to people...
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Drill, Baby, Drill? . Big oil says "no thanks", declining to bid in a US government auction to drill in the Arctic National Wildlife Refuge. via @climate.
bloomberg.com
Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but difficult to...
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