Self defeating because countries with trade deficits recycle dollars into treasuries and reduce US interest rates.
Self defeating because countries with trade deficits recycle dollars into treasuries and reduce US interest rates.
www.youtube.com/watch?v=hGNn...
www.youtube.com/watch?v=hGNn...
Folks expected jobs growth to slow to +80k, but we got -23k. Also downward revisions to the last two months subtracted a total of -103k.
So over the past three months, the US economy created about -200k fewer jobs than we had thought.
Folks expected jobs growth to slow to +80k, but we got -23k. Also downward revisions to the last two months subtracted a total of -103k.
So over the past three months, the US economy created about -200k fewer jobs than we had thought.
I've got you covered with a deep dive into the law, economics, and politics of this latest episode of the Trump tariff saga: www.youtube.com/watch?v=896S...
I've got you covered with a deep dive into the law, economics, and politics of this latest episode of the Trump tariff saga: www.youtube.com/watch?v=896S...
Instead, the administration has sought authority to impose them directly.
The courts have blocked two versions of that strategy. Yet we're already on version three.
https://newsletter.platypuseconomics.com/p/better-lawyers-worse-economics-inside
Instead, the administration has sought authority to impose them directly.
The courts have blocked two versions of that strategy. Yet we're already on version three.
https://newsletter.platypuseconomics.com/p/better-lawyers-worse-economics-inside
https://newsletter.platypuseconomics.com/p/sifting-through-the-wreckage-of-an
https://newsletter.platypuseconomics.com/p/sifting-through-the-wreckage-of-an
Bigger news: Kevin takes actions; Kevin doesn't explain. Surely the briefest statement in decades.
The kicker, "The committee will deliver price stability," reads like an affirmation of masculinity at a mens retreat.
Bigger news: Kevin takes actions; Kevin doesn't explain. Surely the briefest statement in decades.
The kicker, "The committee will deliver price stability," reads like an affirmation of masculinity at a mens retreat.
Generative AI is often justified with comparisons to the cost of Amazon Web Services ($57bn) or Uber's ($32bn) in losses, when its costs and losses are hundreds of billions of dollars worse.
And there's no post-bubble redemption story.
Generative AI is often justified with comparisons to the cost of Amazon Web Services ($57bn) or Uber's ($32bn) in losses, when its costs and losses are hundreds of billions of dollars worse.
And there's no post-bubble redemption story.
HEGSETH: We have untied the hands of our warfighters. We fight to win and we follow the law
KELLY: Okay, so you're not clarifying your statement
HEGSETH: We have untied the hands of our warfighters. We fight to win and we follow the law
KELLY: Okay, so you're not clarifying your statement
www.statnews.com/2026/04/26/k...
www.statnews.com/2026/04/26/k...
That's not surprising, of course. But it's yet another data point for why calling it the "interim" docket is misleading.
That's not surprising, of course. But it's yet another data point for why calling it the "interim" docket is misleading.