Beau
@runningsignal.com
Backyard economist. Macro/micro coverage of the economy, trade, and technology.
Opinions here don't get etched in stone.
Opinions here don't get etched in stone.
Pinned
Beau
@runningsignal.com
· Dec 13
Water Always Finds a Way
Why trade is capitalism's substrate and damming it doesn't work
runningsignal.beehiiv.com
Trade isn't a policy choice. It's the substrate capitalism runs on. You can dam water temporarily, but it finds new channels. New piece on why protectionism runs counter to capitalism.
New piece:
Water Always Finds a Way
runningsignal.beehiiv.com/p/water-alwa...
New piece:
Water Always Finds a Way
runningsignal.beehiiv.com/p/water-alwa...
I'm going to tell my kids this is Santa Claus
The nonprofit Trevor Project received a $45 million gift from billionaire MacKenzie Scott at the end of 2025.
The Trevor Project receives $45M from MacKenzie Scott after difficult years and federal funding cuts
The nonprofit Trevor Project received a $45 million gift from billionaire MacKenzie Scott at the end of 2025.
bit.ly
January 12, 2026 at 5:06 PM
I'm going to tell my kids this is Santa Claus
Reposted by Beau
anyone who still wants to be Fed chair in these circumstances is clearly "vice signaling". We can't trust them
January 12, 2026 at 12:04 PM
anyone who still wants to be Fed chair in these circumstances is clearly "vice signaling". We can't trust them
Reposted by Beau
🤷🏿♂️
Apple picks Google’s Gemini AI for its big Siri upgrade
SIri, powered by Google.
www.theverge.com
January 12, 2026 at 4:08 PM
🤷🏿♂️
I regret to inform you the freight recession is not going away easily.
These are inbound TEU orders into the U.S.
These are inbound TEU orders into the U.S.
January 12, 2026 at 2:38 PM
I regret to inform you the freight recession is not going away easily.
These are inbound TEU orders into the U.S.
These are inbound TEU orders into the U.S.
Reposted by Beau
Reposted by Beau
Just a heads up that we're not yet even two full weeks into 2026.
a man talking to a woman with the words " i haven 't even begun to peak " below him
ALT: a man talking to a woman with the words " i haven 't even begun to peak " below him
media.tenor.com
January 12, 2026 at 2:12 PM
Just a heads up that we're not yet even two full weeks into 2026.
Reposted by Beau
January 12, 2026 at 1:53 PM
I’ve realized others can’t replicate Trump because they have feigned superiority to him. Trump is a lunatic, but it is inherent in him. He does not believe anyone deserves better than him and is an animal about it.
The others, like Vance, only play pretend. It’s intentional depravity.
The others, like Vance, only play pretend. It’s intentional depravity.
January 12, 2026 at 12:38 PM
I’ve realized others can’t replicate Trump because they have feigned superiority to him. Trump is a lunatic, but it is inherent in him. He does not believe anyone deserves better than him and is an animal about it.
The others, like Vance, only play pretend. It’s intentional depravity.
The others, like Vance, only play pretend. It’s intentional depravity.
I don’t condone what got them here but it is a hoot watching this school slip all over its own hubris trying to get out.
A blistering critique of UVA’s presidential search process that also raises some serious concerns about Beardsley’s resume. That guy has got to go.
augustafreepress.com/news/vanishi...
augustafreepress.com/news/vanishi...
How UVA’s presidential search missed what took us an hour to find
Inside Higher Ed frames the controversy surrounding Scott C. Beardsley's appointment as the University of Virginia's president.
augustafreepress.com
January 12, 2026 at 1:59 AM
I don’t condone what got them here but it is a hoot watching this school slip all over its own hubris trying to get out.
Reposted by Beau
hi, political philosopher here! this is not funny, central banks only do this when they're in extreme distress
Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
Statement by Federal Reserve Chair Jerome H. Powell
YouTube video by Federal Reserve
www.youtube.com
January 12, 2026 at 1:04 AM
hi, political philosopher here! this is not funny, central banks only do this when they're in extreme distress
Reposted by Beau
Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
Statement by Federal Reserve Chair Jerome H. Powell
YouTube video by Federal Reserve
www.youtube.com
January 12, 2026 at 12:35 AM
Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
It’s always something like a faded signature on page 48 of a mortgage application from 2003 the DOJ finds, then the whole apparatus will post “NO ONE IS ABOVE THE LAW”.
January 12, 2026 at 1:21 AM
It’s always something like a faded signature on page 48 of a mortgage application from 2003 the DOJ finds, then the whole apparatus will post “NO ONE IS ABOVE THE LAW”.
Powell’s term is almost up. The shadow pick is basically in. Can’t wait a few months eh?
January 12, 2026 at 1:09 AM
Powell’s term is almost up. The shadow pick is basically in. Can’t wait a few months eh?
Where’s my but he can’t do that crew?
Breaking: The Fed received grand jury subpoenas from the DOJ that threatened a criminal indictment related to Powell’s testimony about the central bank’s renovations.
Federal Reserve Received Justice Department Subpoena Threatening Criminal Indictment
Chair Powell said the investigation was a pretext as part of President Trump’s ongoing campaign to pressure the Fed to lower interest rates.
on.wsj.com
January 12, 2026 at 12:49 AM
Where’s my but he can’t do that crew?
Reposted by Beau
I’d estimate that like 90% of tradwife accounts are fake, esp on text based platforms
This is the guy who accidentally let slip he pretends to be a tradwife online, presumably on another account
January 11, 2026 at 10:08 PM
I’d estimate that like 90% of tradwife accounts are fake, esp on text based platforms
TGT is headquartered in Minneapolis. Interested to see their response.
ICE and CBP agents arrested 2 U.S. citizens working at a Target.
Can you guess their ethnicity?
You can unfortunately because ICE is discriminating on skin color.
Working legally while brown gets you this in Trump's America.
bringmethenews.com/minnesota-ne...
Can you guess their ethnicity?
You can unfortunately because ICE is discriminating on skin color.
Working legally while brown gets you this in Trump's America.
bringmethenews.com/minnesota-ne...
January 12, 2026 at 12:00 AM
TGT is headquartered in Minneapolis. Interested to see their response.
Reposted by Beau
Somali aunties were giving out samosas to the anti ICE protesters in Minneapolis.
January 11, 2026 at 8:51 PM
Somali aunties were giving out samosas to the anti ICE protesters in Minneapolis.
Reposted by Beau
👇👇👇😬
January 11, 2026 at 7:02 PM
👇👇👇😬
It is something that he built a coalition of everyone you know who says “wHy cANt We hELp PEoPle HerE?”
How humiliating
How humiliating
Chris Murphy: "Let's talk about what's at stake here. The president is spending every single day thinking about invading Greenland, managing the Venezuelan economy, building a ballroom. He's not thinking about the American people at all."
January 11, 2026 at 9:10 PM
It is something that he built a coalition of everyone you know who says “wHy cANt We hELp PEoPle HerE?”
How humiliating
How humiliating
Josh Allen is a real life Buffalo.
a black and white photo of a bison walking on the ground
ALT: a black and white photo of a bison walking on the ground
media.tenor.com
January 11, 2026 at 9:00 PM
Josh Allen is a real life Buffalo.
Reposted by Beau
Froze my ass off at the Iowa City anti-ICE rally, but it was worth it
January 11, 2026 at 8:14 PM
Froze my ass off at the Iowa City anti-ICE rally, but it was worth it