lines down's avatar

lines down

@linesdown.bsky.social

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Economic indicators for the left.

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Jonathan M. Katz's avatar Jonathan M. Katz @katzonearth.bsky.social
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Ok I just moved from “unsure” to “dump Biden”

26 replies 29 reposts 219 likes

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lines down's avatar lines down @linesdown.bsky.social
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Saudi oil exports are down, being replaced by Russian, Venezuelan and Iranian exports to China and India

0 replies 0 reposts 3 likes

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George Pearkes's avatar George Pearkes @peark.es
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Beat, 206k payrolls, but 111k revised off last two months. Unemployment rate up to 4.1%, average hourly earnings on expectations for MoM and YoY.

1 replies 6 reposts 23 likes

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lines down's avatar lines down @linesdown.bsky.social
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I think they have a few days left to prove Biden’s brain still works and they won’t be able to do it to anyone’s satisfaction in the party.

1 replies 0 reposts 14 likes

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🚲aksfjh👖's avatar 🚲aksfjh👖 @db-user.bsky.social
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can you spot the trump tax cuts that were meant to do the same?

3 replies 46 reposts 142 likes

lines down's avatar lines down @linesdown.bsky.social
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Norm Macdonald voice “I don’t know if you folks are history buffs”

0 replies 0 reposts 10 likes

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George Pearkes's avatar George Pearkes @peark.es
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Wow! *US JUNE ISM SERVICES PMI FALLS TO 4-YR LOW OF 48.8; EST. 52.7

2 replies 1 reposts 8 likes

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George Pearkes's avatar George Pearkes @peark.es
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Quick thread about the labor market after continuing jobless claims rose much more than expected this morning. What are continuing jobless claims? These are the number of people who are currently receiving jobless benefits. This is hard, actual counts of people, not a sampled survey data set. 1/n

1 replies 6 reposts 21 likes

lines down's avatar lines down @linesdown.bsky.social
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The quits rate points to slower wage growth ahead

0 replies 0 reposts 0 likes

lines down's avatar lines down @linesdown.bsky.social
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Wall Street has been buying up long term treasuries, and selling short, based on the expectation that Trump will win and increase debt.

0 replies 0 reposts 3 likes

lines down's avatar lines down @linesdown.bsky.social
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Firing up a Bloomberg Terminal to figure out who the Democratic nominee will be.

0 replies 0 reposts 3 likes

lines down's avatar lines down @linesdown.bsky.social
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Is there a name for the type of guy who has a beard, a baseball cap and sunglasses permanently resting on the cap?

1 replies 0 reposts 1 likes

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George Pearkes's avatar George Pearkes @peark.es
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Unit sales -5% YoY, unit production -14% YoY. cc @niedermeyer.io

*TESLA 2Q DELIVERIES 443,956, EST. 439,302
*TESLA: 2Q PRODUCED ABOUT 411,000 VEHICLES
*TESLA 2Q MODEL 3/Y DELIVERIES 422,405, EST. 412,288

0 replies 2 reposts 16 likes

lines down's avatar lines down @linesdown.bsky.social
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Part of the shock of John Brown’s attacks in Missouri in 1858 was that slave power was completely shocked by abolitionists standing up for themselves. It had always been assumed that the the slave owners were the protagonists and the abolitionists were just people who couldn’t move beyond words.

1 replies 3 reposts 12 likes

lines down's avatar lines down @linesdown.bsky.social
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“It’s ok guys, our internal numbers still have us losing”

1 replies 0 reposts 7 likes

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Peter's avatar Peter @notalawyer.bsky.social
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the simple way to think about it is that the office of the presidency is a gun. the Court has held that when you become the President, you have an unfettered right to use that gun any way you please. an insane decision.

19 replies 65 reposts 599 likes

lines down's avatar lines down @linesdown.bsky.social
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As long as he says it’s an “official act” yes. And prosecutors would be forbidden from questioning any witnesses out the difference between official and unofficial acts.

0 replies 0 reposts 1 likes

lines down's avatar lines down @linesdown.bsky.social
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France is bringing back Marshal Pétain and the US Supreme Court retroactively makes Watergate legal.

0 replies 0 reposts 7 likes

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southpaw's avatar southpaw @nycsouthpaw.bsky.social
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Chief Justice Roberts decrees the end of DOJ independence in an offhanded sentence on page 20.

52 replies 494 reposts 1264 likes

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David_j_roth's avatar David_j_roth @davidjroth.bsky.social
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Sending a bunch of based realtors and off-duty cops into the Capitol building to murder the speaker of the house, in my official capacity of President of the United States.

12 replies 230 reposts 1201 likes

lines down's avatar lines down @linesdown.bsky.social
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Components of core PCE inflation in the US

0 replies 0 reposts 1 likes

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George Pearkes's avatar George Pearkes @peark.es
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lol incredible *BOEING AGREES TO BUY SPIRIT AERO FOR $37.25/SHR: RTRS

2 replies 9 reposts 25 likes

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lines down's avatar lines down @linesdown.bsky.social
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[euro voice] shout out to his family

0 replies 0 reposts 4 likes

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George Pearkes's avatar George Pearkes @peark.es
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Every time I see an AI revenue headline I'm staggered by how small the numbers are. *OPENAI ANNUALIZED REVENUE ~$1B FROM MODEL ACCESS: INFORMATION

3 replies 5 reposts 20 likes

lines down's avatar lines down @linesdown.bsky.social
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Change in home prices, Case-Shiller 20-City Composite

0 replies 1 reposts 0 likes

lines down's avatar lines down @linesdown.bsky.social
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US Conference Board consumer confidence

0 replies 1 reposts 0 likes

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George Pearkes's avatar George Pearkes @peark.es
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Bunch of moves have the feel of shoulder-taps this morning: yen hurdling 160, rates bear-steepening, stocks sliding steadily since 5:00a ET.

1 replies 2 reposts 7 likes

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George Pearkes's avatar George Pearkes @peark.es
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Huge EV news after the close *VOLKSWAGEN PLANS TO MAKE A $5 BILLION INVESTMENT INTO RIVIAN *RIVIAN AND VOLKSWAGEN PLAN JV FOR NEXT-GEN ELECTRIC VEHICLES

6 replies 17 reposts 112 likes

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lines down's avatar lines down @linesdown.bsky.social
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Not sure but there was a real burst of manufacturing investment because of the CHIPS Act.

1 replies 0 reposts 2 likes

lines down's avatar lines down @linesdown.bsky.social
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New paper from Isabella Weber and Merle Schulken “Towards a Post-neoliberal Stabilization Paradigm: Revisiting International Buffer Stocks in an Age of Overlapping Emergencies Based on the Case of Food”

peri.umass.edu/images/publi...

0 replies 0 reposts 2 likes

lines down's avatar lines down @linesdown.bsky.social
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John Maynard Keynes “The General Theory of Employment, Interest and Money” Chapter 12, The State of Long-Term Expectation

1 replies 1 reposts 7 likes

lines down's avatar lines down @linesdown.bsky.social
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Crypto is not some exotic store of value that stands outside the market, it’s inexorably linked to stocks, particularly tech stocks.

1 replies 1 reposts 5 likes

lines down's avatar lines down @linesdown.bsky.social
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Marshal Pétain’s party current polling 5 points above the defenders of Stalingrad.

0 replies 0 reposts 0 likes

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Olúfẹ́mi O. Táíwò's avatar Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social
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"The poll questioned 75,000 people in countries representing almost 90% of the global population. It found a large majority (80%) wanted their countries to strengthen their climate change commitments, with only 5% saying their country should weaken its action."

www.theguardian.com/environment/...

7 replies 114 reposts 293 likes