Mark Lacis
@marklacis.bsky.social
Husband. Father. Mayor. Drummer.
Reposted by Mark Lacis
The biggest shift in my thinking in 2025 was around housing, with inventory growth spreading beyond TX/FL to all of the South and West. I now believe inventory nationwide will return at least to mid-2010’s levels, which means affordability really will return to 2010’s levels:
December 29, 2025 at 12:34 PM
The biggest shift in my thinking in 2025 was around housing, with inventory growth spreading beyond TX/FL to all of the South and West. I now believe inventory nationwide will return at least to mid-2010’s levels, which means affordability really will return to 2010’s levels:
Reposted by Mark Lacis
“.. The US economy is in a hiring recession. Almost no jobs have been added since April.
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
December 16, 2025 at 2:59 PM
“.. The US economy is in a hiring recession. Almost no jobs have been added since April.
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
Reposted by Mark Lacis
Ford CEO on tariffs: “I mean, it's frustrating 'cause we're the most American auto company, and we export the most, and yet, we have this $2 billion headwind, which prevents me from investing even more in the US.”
finance.yahoo.com/news/ford-ce...
finance.yahoo.com/news/ford-ce...
Ford CEO says $2 billion in tariff costs prevents more US investments
Ford CEO Jim Farley says tariffs on imported parts are driving up costs on the company's cars.
finance.yahoo.com
October 5, 2025 at 10:58 AM
Ford CEO on tariffs: “I mean, it's frustrating 'cause we're the most American auto company, and we export the most, and yet, we have this $2 billion headwind, which prevents me from investing even more in the US.”
finance.yahoo.com/news/ford-ce...
finance.yahoo.com/news/ford-ce...
Reposted by Mark Lacis
2 market-crash facts that surprised me 📉 www.tker.co/p/surprising...
2 market-crash facts that surprised me 📉
Plus a charted review of the macro crosscurrents 🔀
www.tker.co
October 5, 2025 at 1:16 PM
2 market-crash facts that surprised me 📉 www.tker.co/p/surprising...
Reposted by Mark Lacis
"So far in 2025 companies have announced 946,426 job cuts, the highest YTD since the pandemic year of 2020... Not a good sign... Add in the huge reversal in both ADP numbers yesterday and some are starting to smell recession... Not us, not here, but we can see it in the yield curve."
- NatAlliance
- NatAlliance
October 2, 2025 at 12:21 PM
"So far in 2025 companies have announced 946,426 job cuts, the highest YTD since the pandemic year of 2020... Not a good sign... Add in the huge reversal in both ADP numbers yesterday and some are starting to smell recession... Not us, not here, but we can see it in the yield curve."
- NatAlliance
- NatAlliance
Reposted by Mark Lacis
The Deere layoffs this week.
The Caterpillar warning about tariffs.
Just the beginning.
@bloomberg.com $CAT $DE
@scottlincicome.bsky.social
www.bloomberg.com/news/article...
The Caterpillar warning about tariffs.
Just the beginning.
@bloomberg.com $CAT $DE
@scottlincicome.bsky.social
www.bloomberg.com/news/article...
August 30, 2025 at 1:23 PM
The Deere layoffs this week.
The Caterpillar warning about tariffs.
Just the beginning.
@bloomberg.com $CAT $DE
@scottlincicome.bsky.social
www.bloomberg.com/news/article...
The Caterpillar warning about tariffs.
Just the beginning.
@bloomberg.com $CAT $DE
@scottlincicome.bsky.social
www.bloomberg.com/news/article...
Reposted by Mark Lacis
* US JUDGE BLOCKS PRESIDENT TRUMP'S BIRTHRIGHT CITIZENSHIP ORDER IN NATIONWIDE CLASS ACTION
@reuters.com
@reuters.com
July 10, 2025 at 2:16 PM
* US JUDGE BLOCKS PRESIDENT TRUMP'S BIRTHRIGHT CITIZENSHIP ORDER IN NATIONWIDE CLASS ACTION
@reuters.com
@reuters.com
Reposted by Mark Lacis
The U.S. now spends more on interest payments on the national debt than on national defense. This is not sustainable.
May 18, 2025 at 2:29 PM
The U.S. now spends more on interest payments on the national debt than on national defense. This is not sustainable.
Reposted by Mark Lacis
Stock market targets get revised up weeks after getting cut 🤷🏻♂️ www.tker.co/p/goldman-sa...
Stock market targets get revised up weeks after getting cut 🤷🏻♂️
Tariff rhetoric whipsaw and major market reversal has Wall Street scrambling 😵💫
www.tker.co
May 13, 2025 at 5:35 PM
Stock market targets get revised up weeks after getting cut 🤷🏻♂️ www.tker.co/p/goldman-sa...
Reposted by Mark Lacis
Why did we do this?
May 12, 2025 at 1:44 PM
Why did we do this?
Reposted by Mark Lacis
Reposted by Mark Lacis
The U.S. economy shrank at start of Trump's second term, with GDP declining at a 0.3% annualized rate over three months ending in March.
It's the first negative reading since the COVID pandemic.
It's the first negative reading since the COVID pandemic.
April 30, 2025 at 1:00 PM
The U.S. economy shrank at start of Trump's second term, with GDP declining at a 0.3% annualized rate over three months ending in March.
It's the first negative reading since the COVID pandemic.
It's the first negative reading since the COVID pandemic.
Reposted by Mark Lacis
April 26, 2025 at 2:08 AM
Reposted by Mark Lacis
The freight guys have really started freaking out over the past 48-72 hours:
April 18, 2025 at 1:06 AM
The freight guys have really started freaking out over the past 48-72 hours:
Reposted by Mark Lacis
* TRUMP: U.S. WILL IMPOSE ADDITIONAL 50% TARIFFS ON CHINA EFFECTIVE APRIL 9TH IF CHINA DOES NOT WITHDRAW 34% INCREASE
* TRUMP: ALL TALKS WITH CHINA CONCERNING REQUESTED MEETINGS WITH U.S. WILL BE TERMINATED
@reuters.com
* TRUMP: ALL TALKS WITH CHINA CONCERNING REQUESTED MEETINGS WITH U.S. WILL BE TERMINATED
@reuters.com
April 7, 2025 at 3:19 PM
* TRUMP: U.S. WILL IMPOSE ADDITIONAL 50% TARIFFS ON CHINA EFFECTIVE APRIL 9TH IF CHINA DOES NOT WITHDRAW 34% INCREASE
* TRUMP: ALL TALKS WITH CHINA CONCERNING REQUESTED MEETINGS WITH U.S. WILL BE TERMINATED
@reuters.com
* TRUMP: ALL TALKS WITH CHINA CONCERNING REQUESTED MEETINGS WITH U.S. WILL BE TERMINATED
@reuters.com
Reposted by Mark Lacis
I’m beginning to suspect the guy who hosted The Apprentice and bankrupted a casino doesn’t understand how the economy works
April 3, 2025 at 4:24 PM
I’m beginning to suspect the guy who hosted The Apprentice and bankrupted a casino doesn’t understand how the economy works
Reposted by Mark Lacis
WEDBUSH: “.. iPhones made in the US would cost $3,500 (vs. $1,000), and the AI Revolution trade would be significantly slowed down by these head scratching tariffs that NEED to be negotiated to realistic levels ..”
$AAPL
$AAPL
April 4, 2025 at 11:43 AM
WEDBUSH: “.. iPhones made in the US would cost $3,500 (vs. $1,000), and the AI Revolution trade would be significantly slowed down by these head scratching tariffs that NEED to be negotiated to realistic levels ..”
$AAPL
$AAPL
Reposted by Mark Lacis
Futures down another 3.5% across the board. I don't know that Americans fully grasp what is going on.
April 4, 2025 at 12:01 PM
Futures down another 3.5% across the board. I don't know that Americans fully grasp what is going on.
Reposted by Mark Lacis
In other words, more than ten years worth of projected tariff “revenue”. 🤡
April 4, 2025 at 12:18 PM
In other words, more than ten years worth of projected tariff “revenue”. 🤡
Reposted by Mark Lacis
JPMORGAN: “.. if sustained, this year’s ~22%-point tariff increase would be the largest US tax hike since 1968.
“.. The risk of recession in the global economy this year is raised to 60%, up from 40% earlier ..”
“.. The risk of recession in the global economy this year is raised to 60%, up from 40% earlier ..”
April 3, 2025 at 9:03 PM
JPMORGAN: “.. if sustained, this year’s ~22%-point tariff increase would be the largest US tax hike since 1968.
“.. The risk of recession in the global economy this year is raised to 60%, up from 40% earlier ..”
“.. The risk of recession in the global economy this year is raised to 60%, up from 40% earlier ..”
Reposted by Mark Lacis
NEW YORK (AP) — Dow drops 1,680 in its biggest wipeout since 2020 as fears of fallout from tariffs shake markets and S&P 500 sinks 4.8%.
U.S. And Global Markets Plunge After Trump Tariffs Heighten Chance Of Broader Trade War
The double-digit tariff hikes rippled through world markets and economists are warning that the risk of recession is climbing.
www.huffpost.com
April 3, 2025 at 8:15 PM
NEW YORK (AP) — Dow drops 1,680 in its biggest wipeout since 2020 as fears of fallout from tariffs shake markets and S&P 500 sinks 4.8%.
Reposted by Mark Lacis
April 3, 2025 at 2:50 PM
Reposted by Mark Lacis
apparently none of us were as smart as Warren Buffett, sitting on $334 billion in cash
Warren Buffett saw the selloff coming and hoarded cash, analyst says, as markets await his next move — ‘patience is more than a virtue, it’s a weapon’
"Buffett’s actions over the past year have been a textbook example of positioning for turbulence."
fortune.com
April 3, 2025 at 1:04 AM
apparently none of us were as smart as Warren Buffett, sitting on $334 billion in cash
Reposted by Mark Lacis
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia.
Russia’s Escape From Trump’s Tariffs Raises Questions
The Trump administration says sanctions imposed on Moscow mean the U.S. does little trade with Russia, but questions persist about the motivations.
www.nytimes.com
April 3, 2025 at 11:52 AM
When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia.