We’ve had false starts before but this week has felt more normie/active rather than just Musk/Trump haters. Will probably be more of a reply guy here and still using DM’s, but takes/discourse shifting more to there:

RT @LJKawa: Think Nvidia’s AI rally is impressive? . Private AI cos saying “hold my beer”.

RT @NickTimiraos: Setting interest rates is sometimes more art than science, especially when the economy keeps defying predictions—a realit….

“We can’t build more housing until Mark Zuckerberg chills a bit” — I can’t get there.

If cash-rich tech companies decide to go all-in on a capex cycle we should tell the interest rate-sensitive parts of the economy to kick sand is a defensible argument, it’s just not one I agree with.

Pretty good timeline today.

RT @RickPalaciosJr: Conor’s take is spot on here and we see it in the homebuilder market share shifts for some of the smaller metros he hig….

RT @JBSDC: I mean, this is what happened. There are folks who say that was good and there are folks who say this was bad, but it happened.….

RT @arpitrage: Weird statement. It’s fair for YIMBY policy advocates to say their “lane” is housing regulations even if interest rates also….

That “for now” Kamala statement ultimately weakens non-Kamala establishment candidates in the 2028 shadow primary and gives an advantage to TikTok/progressive candidates who aren’t playing in that lane.

RT @jmart: The face-saver here is holding open ‘28, w the pledge to help Dems in midterms . But that can go south fast when swing state Dem….

RT @DeItaone: KAMALA HARRIS SAYS WILL NOT RUN FOR GOVERNOR OF CALIFORNIA NEXT YEAR.

That’s what I thought I heard too, interesting that Powell quantified it.

RT @JakeSherman: PELOSI says she supports the Senate's stock trading ban.

This is so wild.

RT @chartdata: 'KPop Demon Hunters' aiming for return to peak of #2 on the Billboard 200 with 91K units sixth week (via @HITSDD). It has i….

RT @DKThomp: New pod: In housing, there really are 2 Americas right now. If you live in the northeast or Midwest, prices are rising, every….

Chart of the day/week/month/quarter.

RT @JedKolko: Q2 GDP report:.Final sales to private domestic purchasers falls further. Q2: 1.2%.Q1: 1.9%.Q4 2024: 2.9%. This measure exclu….

RT @Birdyword: Some amazing NYC mayor crosstabs in here that really show how abysmal the offerings from the Centre and Right are. Zohran wi….

Doesn't seem like the best quarter for the ol' US consumer.