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Robert Burgess Profile
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
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@BobOnMarkets
Robert Burgess
4 years
This new @bopinion feature is now live!
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@BobOnMarkets
Robert Burgess
4 months
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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@BobOnMarkets
Robert Burgess
4 months
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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@BobOnMarkets
Robert Burgess
4 months
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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@BobOnMarkets
Robert Burgess
5 months
RT @opinion: Howard Lutnick's refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses, @B….
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bloomberg.com
A refusal to consider the inflationary effects of tariffs shows he is out of touch with American businesses.
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@BobOnMarkets
Robert Burgess
5 months
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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@BobOnMarkets
Robert Burgess
5 months
.@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. ".
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bloomberg.com
It’s only a matter of time before economists start slashing growth forecasts for the American economy.
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@BobOnMarkets
Robert Burgess
5 months
*S&P 500 ERASES ELECTION GAIN, WIPING OUT $3.4 TRILLION IN VALUE. #WINNING.
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@BobOnMarkets
Robert Burgess
6 months
RT @AdamMinter: This is very interesting. @clive_crook and @BobOnMarkets debate whether investors are right to forgive the US's debt addict….
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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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@BobOnMarkets
Robert Burgess
6 months
RT @economics: A weather-changing La Niña has developed in the equatorial Pacific further adding to drought worries in California, as well….
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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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@BobOnMarkets
Robert Burgess
6 months
. the emails show pretty clearly is that Patel politicized the process. In particular, they show he coordinated efforts with high-ranking officials at the White House, Department of Justice and Republican lawmakers to declassify documents he believed were favorable to Trump.
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@BobOnMarkets
Robert Burgess
6 months
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.
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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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@BobOnMarkets
Robert Burgess
7 months
That means water is pumped uphill to a tank or reservoir, then fed down to homes and hydrants. The setup provides enough water pressure to meet daily needs like showers and watering gardens or fighting individual structure fires. (3/3).
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@BobOnMarkets
Robert Burgess
7 months
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).
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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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@BobOnMarkets
Robert Burgess
7 months
The truth about fire hydrants running dry? The issue isn’t California’s water management, as some including Trump and Elon Musk have suggested, but rather systems that simply aren’t designed to handle fires of such ferocity burning in or near urban areas. (1/3).
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@BobOnMarkets
Robert Burgess
7 months
And they wonder why trust in the Supreme Court is at an all time low
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@BobOnMarkets
Robert Burgess
7 months
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.
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bloomberg.com
Homeowners in increasingly risky areas can’t obtain adequate coverage as insurers flee the state to avoid losses.
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@BobOnMarkets
Robert Burgess
7 months
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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@BobOnMarkets
Robert Burgess
7 months
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.
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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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