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Reposted by Bob Burgess

Bloomberg News @bloomberg.com · 7h

The federal judge appointed by President Donald Trump who temporarily blocked his plan to send troops to Portland, Oregon, has triggered his fury and a legal battle that’s testing the limits on using the military in American cities.

Trump Gets Fresh Chance to Fight Judge That He Picked in Oregon

The federal judge appointed by President Donald Trump who temporarily blocked his plan to send troops to Portland, Oregon, has triggered his fury and a legal battle that’s testing the limits on using the military in American cities.

bloom.bg

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Reposted by Bob Burgess

Mark Gongloff @markgongloff.bsky.social · 10h

Not great: China's world-leading renewables boom is losing momentum, @davidfickling.bsky.social warns

Gift link: www.bloomberg.com/opinion/arti...

Trouble Is Brewing in Solar Power’s Heartlands

Amid the Trump-induced crisis for clean energy this year, one beacon of hope has stood out: China.

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 9h

"The irony is hard to miss now: the same US government that pushed Mexico to accept China’s membership in the global trading system 25 years ago, at a significant cost for some Mexican industries, is now demanding that it roll back those ties."
www.bloomberg.com/opinion/arti...

North America’s China Problem Is Bigger Than It Looks

Mexico is emerging as one of the biggest fronts in the US-China economic rivalry.

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 9h

"At the rate we’re going, the Dust Bowl era will come to seem like a cool interlude in comparison. This is a global trend, and cherry-picking data to deny its reality is a tactic meant to distract us from the work we must do to stop it."

www.bloomberg.com/opinion/arti...

A Chart Climate Denialists Can’t Ignore

Every now and then you come across a piece of evidence that feels strong enough to cut through the noise and change minds.

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 9h

"...although AI spending has reached the point of major economic significance it has yet to become quite the force that tech and telecom were in the late 1990s."

www.bloomberg.com/opinion/arti...

The AI Spending Boom Is Massive But Not Unprecedented

The boom in capital expenditures related to generative artificial intelligence is generating lots of questions about whether it is sustainable. Coming up with definitive answers to them is something o...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 9h

Gold has hit $4,000 an ounce for the first time and Wall Street titan Ken Griffin is worried the rally reflects growing concerns about the dollar. He's only half right.

www.bloomberg.com/opinion/arti...

Gold Isn't the Warning Ken Griffin Worries About

In the history of Wall Street, few have been as successful as Ken Griffin. Over the past three decades, he has built his Citadel hedge fund into a global financial behemoth, helping Griffin accumulate...

www.bloomberg.com

Bob Burgess @bobburgess.bsky.social · 10h

Six former US surgeons general:

"Never before have we issued a joint public warning like this. But the profound, immediate and unprecedented threat that Kennedy's policies and positions pose to the nation's health cannot be ignored."

www.washingtonpost.com/opinions/202...

Opinion | Six surgeons general: It’s our duty to warn the nation about RFK Jr.

We took an oath to declare dangers when we found them. We’re doing that again today.

www.washingtonpost.com

Reposted by Bob Burgess

Francis Wilkinson @franciswilkinson.bsky.social · 10h

1. Trump Culture War quote.
2. Johnson CW quote.
3. *Imagined* Schumer CW quote.
4. “These culture wars get sillier by the day.”

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Reposted by Bob Burgess

Liam Denning @liamdenning.bsky.social · 1d

Tesla's cheaper EV trims signal enervation, not innovation
@opinion.bloomberg.com
|www.bloomberg.com/opinion/arti...

Musk’s Cheap Teslas Are the Wrong Kind of Cheap

This has not been a vintage year for Tesla Inc. product launches. This summer, it launched a long-delayed robotaxi service that came with a free human. Now, it has unveiled two long-awaited cheaper el...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 1d

"And at some level the purpose of the New York Stock Exchange is to allocate capital to its best uses, but at another level the purpose of the New York Stock Exchange is to give you the bets you want, and if you want to bet on sports then bet on sports."

www.bloomberg.com/opinion/news...

Sports Bets at the Stock Exchange

ICE/Polymarket, pump and dumps are illegal again, AI in consulting and exploding rockets.

www.bloomberg.com

Reposted by Bob Burgess

The New York Times @nytimes.com · 1d

As it did in 2018, the White House plans to dole out relief funds to struggling U.S. farmers who have lost their biggest customer, China, because of steep tariffs imposed by the Trump administration.

Trump to Unveil Farmer Aid as China Shuns U.S. Crops

As it did in 2018, the White House plans to dole out relief funds to struggling U.S. farmers who have lost their biggest customer.

nyti.ms

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Reposted by Bob Burgess

Francis Wilkinson @franciswilkinson.bsky.social · 1d

“People talk a lot about ‘can you get a deal with Trump?’,” said Gerald Butts. “As someone who spent a lot of time trying to do that … the … question is, ‘Is a deal even possible with a person who does not believe in the dictionary definition of the word deal?’” www.bloomberg.com/opinion/feat...

Can Canada Survive Donald Trump?

Under assault from an increasingly aggressive and authoritarian United States, the country’s future looks less secure than at any time in postwar history.

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 1d

The SEC's "subprime is contained" moment?

“This administration’s view — from all of us in the financial services regulatory sphere — we don’t view the private markets as being systemically important,” Atkins said Tuesday, adding there are “blips here and there.”

www.bloomberg.com/news/article...

SEC’s Atkins Says Ballooning Private Markets Not a Systemic Risk

The head of the US Securities and Exchange Commission said he does not view private credit as a systemic risk, the latest signal of the regulator’s openness to more activity in the fast-growing market...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 1d

"Buffoonery has unnerved Canadians almost as much as aggression. A timeline of US tariffs reads like a Marx Brothers directive to the Freedonian trade delegation. Between March 4 and August 7, the US tariff regime against Canada alone changed half a dozen times."

www.bloomberg.com/news/feature...

Can Canada Survive Donald Trump?

Under assault from an increasingly aggressive and authoritarian United States, the country’s future looks less secure than at any time in postwar history.

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 1d

"The White House's Budget Office led by Russell Vought has drafted a memo that says the workers aren’t guaranteed compensation during the shutdown...."

www.bloomberg.com/news/article...

White House Threatens to Not Pay Workers Furloughed by Shutdown

The White House is considering not paying federal employees for days they have been furloughed during the shutdown, according to a person familiar with the matter, a move that could run afoul of a law...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 2d

The AP pushes back:

"In fact, the AP won its case against Trump, but the president successfully earned a delay in getting the ruling enforced before the U.S. Court of Appeals considers the issue. Arguments on the president's appeal are scheduled for November."

apnews.com/article/ap-t...

Associated Press disputes Trump's false characterization of its legal fight over access

The Associated Press is objecting to Donald Trump’s characterization of its ongoing legal dispute over access after the president incorrectly characterized the case in a public forum.

apnews.com

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Bob Burgess @bobburgess.bsky.social · 2d

The AP pushes back:

"In fact, the AP won its case against Trump, but the president successfully earned a delay in getting the ruling enforced before the U.S. Court of Appeals considers the issue. Arguments on the president's appeal are scheduled for November."

apnews.com/article/ap-t...

Associated Press disputes Trump's false characterization of its legal fight over access

The Associated Press is objecting to Donald Trump’s characterization of its ongoing legal dispute over access after the president incorrectly characterized the case in a public forum.

apnews.com

Reposted by Bob Burgess

Bloomberg Opinion @opinion.bloomberg.com · 2d

Sanae Takaichi’s surprising victory to lead Japan's ruling party has jolted markets and energized allies and foes. But don't believe everything you read

From Radical to Rihanna, the Myths About Japan’s Next Leader

The prospect of a new Japanese leader doesn’t always generate international excitement.

bloom.bg

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Bob Burgess @bobburgess.bsky.social · 2d

"Whether the SEC opts to go fast or slow, this is just one small battle in what will be a protracted war. Once tokenized stock goes mainstream, and it very likely will, some company will want to issue it directly, bypassing the traditional financial system."
www.bloomberg.com/opinion/arti...

The Battle to Rewire Stock Trading the Crypto Way Is On

The stock market as we know it is on the brink of a transformation. The crypto industry has long touted the potential for the underlying blockchain technology to make trading more efficient, more liqu...

www.bloomberg.com

Bob Burgess @bobburgess.bsky.social · 2d

"There’s no denying that immigration is good for migrants. (If it wasn’t, they’d stay put.) Yet, trade-off notwithstanding, it’s a fallacy to think their gains impose a net cost on everybody else. Overall, the hosts gain too, and not just a little."
www.bloomberg.com/opinion/arti...

US Politicians Need to Bone Up on Immigration Economics

The economics of immigration has a lot in common with the economics of trade. Lower barriers to imports raise growth and living standards in the aggregate — but harm particular people and places. Lowe...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 2d

"Under Murphy...New Jersey is one of only seven states with an improving economy during the preceding 3 1/2 years, measured by employment, personal income, home prices, tax receipts, mortgage delinquencies and the equity of their public companies..."
www.bloomberg.com/opinion/arti...

New Jersey’s GOP Candidate for Governor Is a Burden Already

In the first debate between Republican Jack Ciattarelli and Democrat Mikie Sherrill in New Jersey's governor's race, Ciattarelli, a former state representative who lost to Phil Murphy in the 2021 gube...

www.bloomberg.com

Bob Burgess @bobburgess.bsky.social · 2d

"The rising unemployment rate among US workers aged 16 to 24 — it hit 10.5% in August, its highest level in a decade not counting the pandemic years — has added to the worry about the crisis...known as the NEETs: individuals Not Employed, Enrolled or in Training."
www.bloomberg.com/opinion/arti...

The Youth Crisis Is Really About the Rise of the NEETs

The rising unemployment rate among US workers aged 16 to 24 — it hit 10.5% in August, its highest level in a decade not counting the pandemic years — has added to the worry about the crisis of “discon...

www.bloomberg.com

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Bob Burgess @bobburgess.bsky.social · 2d

NOAH FELDMAN:

"In ordinary times, a column setting up the new term would focus on significant or potentially significant cases that are expected to be argued and decided. These, however, are not ordinary times."

www.bloomberg.com/opinion/arti...

This Will Be the Supreme Court’s Most Consequential Term Yet

The Supreme Court term that begins on Monday is shaping up to be one of the most consequential in modern history — not because of the cases that are on its docket, but because the court will be enteri...

www.bloomberg.com

Reposted by Bob Burgess

Mohamed A. El-Erian @elerianm.bsky.social · 2d

The decoupling of economic growth from employment adds complexity to Federal Reserve policymaking. Here’s why:

www.project-syndicate.org/commentary/f...

#economy #jobs #growth #Inflation #FederalReserve

As Growth Decouples From Employment, the Fed Faces a Trilemma

Mohamed A. El-Erian thinks macroeconomic and market trends are giving the US central bank reason to fear for financial stability.

www.project-syndicate.org

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Bob Burgess @bobburgess.bsky.social · 2d

"The request for a gift for King Charles came from a State Department liaison who used the email address 'giftgirl2025' and initially told the museum that they were looking for 'like a sword or something,' according to a person familiar with the discussions."

www.nytimes.com/2025/10/02/a...

After Declining to Give Trump a Sword for King Charles, a Museum Leader Is Out

www.nytimes.com

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