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talsmith.bsky.social
Talmon Joseph Smith
@talsmith.bsky.social
1.7K followers 110 following 140 posts
New York Times economics reporter: https://www.nytimes.com/by/talmon-joseph-smith // New Orleans Native // Author of Clout & Capital: forthcoming from Simon & Schuster (Atria) [email protected]
www.nytimes.com
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · Dec 14
i should mention here...
got a book in the works:
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socio-steve.bsky.social
Stephen Nuñez @socio-steve.bsky.social · 3d
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bencarlson007.bsky.social
Ben Carlson @bencarlson007.bsky.social · 3d
The stock market bottoms 9 months before earnings in bear markets (on average)

But stocks and earnings top around the same time at the bull market peaks

So the market is forward looking at bottoms not so much at tops

No one's perfect

awealthofcommonsense.com/2025/10/can-...
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carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 6d
🇦🇷
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conorsen.bsky.social
Conor Sen @conorsen.bsky.social · 9d
Close to cycle lows for private hires:
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gilduran.com
Gil Durán @gilduran.com · 14d
3/ Tech fascism in a nutshell: “Computers are so much more rule-based, controllable, fixable, and comprehensible than any human will ever be. As many political schools of thought do, these technolibertarians make a philosophy out of a personality defect.“ She wrote this in 2000!
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atwilliams.bsky.social
alex williams @atwilliams.bsky.social · 14d
the juice is spilled, the mods have been alerted,
atrupar.com
Aaron Rupar @atrupar.com · 15d
Bessent on Argentina: "The plan is as long as President Milei continues with his strong economic policies to help him, to bridge him to the election, we are not going to let a disequilibrium in the market cause a backup in his substantial economic reforms."
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rbreich.bsky.social
Robert Reich @rbreich.bsky.social · 14d
The richest man on earth owns X.

The second richest man on earth is about to be a major owner of TikTok.

The third richest man owns Facebook, Instagram, and WhatsApp.

The fourth richest man owns The Washington Post.

See the problem here?
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · 16d
lmao
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edwardnh.bsky.social
Edward Harrison @edwardnh.bsky.social · 16d
Pretty much
dow.bsky.social
Dow @dow.bsky.social · 16d
Argentina, a tale in three parts:
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edwardnh.bsky.social
Edward Harrison @edwardnh.bsky.social · 16d
"Tech got what it wanted by electing Trump. A year later, it looks more like a suicide pact."
www.wired.com/story/silico...
I Thought I Knew Silicon Valley. I Was Wrong
Tech got what it wanted by electing Trump. A year later, it looks more like a suicide pact.
www.wired.com
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jamellebouie.net
jamelle @jamellebouie.net · 26d
did a read-aloud of my latest column, set to the backdrop of a drive through central virginia youtu.be/pq8TUlk4BxQ
New NYT Column — Republicans Don't Want to Live in Lincoln's America
YouTube video by Takes™ by Jamelle Bouie
youtu.be
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conorsen.bsky.social
Conor Sen @conorsen.bsky.social · 18d
“People who listed Microsoft and other tech companies on their résumés were applying to become baristas.” www.wsj.com/tech/seattle...
Seattle, Tech Boomtown, Grapples With a Future of Fewer Tech Jobs
Amazon and Microsoft remade the Seattle area. Now its economy is feeling the pain of the industry’s pullback.
www.wsj.com
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maxtani.bsky.social
max tani @maxtani.bsky.social · 19d
Statement from a Times spokesperson: "We welcome the judge’s quick ruling, which recognized that the complaint was a political document rather than a serious legal filing."
theguardian.com
The Guardian @theguardian.com · 19d
Judge strikes down Trump’s $15bn lawsuit against the New York Times
Judge strikes down Trump’s $15bn lawsuit against the New York Times
Judge says US president’s complaint that the newspaper is ‘spreading false content’ about him violates federal rule * US politics live – latest updates A US judge on Friday struck down Donald Trump’s $15bn lawsuit against the New York Times newspaper and some of its individual journalists. The judge gave the US president leave to amend the action, however, a court filing showed. The judge in the case said that Trump’s complaint violated a federal rule requiring “a short plain statement” of the claim in an attempt to demonstrate that the plaintiff deserves relief. Continue reading...
www.theguardian.com
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · 18d
Nobody Wants To Work Anymore

They're Taking Our Jobs!
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claudia-sahm.bsky.social
Claudia Sahm @claudia-sahm.bsky.social · 19d
or Fed vs Trump.
michaelsderby.bsky.social
Michael Derby @michaelsderby.bsky.social · 19d
Deutsche Bank takes a shot at putting names to the dot plot. I call this chart: Hammack Vs. Miran
dot plot
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carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 20d
“.. What’s really striking this week is he didn’t even need to launch a formal investigation into ABC — he simply made some loose threats on a podcast, and within hours, Kimmel is yanked. .. that speaks to the influence he’s managed to build up.”

@politico.com
www.politico.com/newsletters/...
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ljkawa.bsky.social
Luke Kawa @ljkawa.bsky.social · 20d
Russell 2000 posts first record close since November 2021
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · 21d
last sentence of the first paragraph also sort of exonerates ARPA in a comparative sense - early days. we are at the equivalent of sept 2021 in any side by side comparison.
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rickspringhetti.bsky.social
Rick Springhetti @rickspringhetti.bsky.social · 21d
I used to think people were exaggerating when they said the USA was becoming a facist state. I think I was being naive.
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · 22d
🫡🫡🫡 on it
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talsmith.bsky.social
Talmon Joseph Smith @talsmith.bsky.social · 22d
love your pod dude!
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goldy.horsesass.org
Goldy @goldy.horsesass.org · 23d
This is indeed everything. Also important to note where this spending is coming from. Over 75% of capital gains income goes to households in the top 10% of total income, while nearly everybody else is almost totally dependent on wages.
@talsmith.bsky.social
Chart showing that consumers in the top 10% of income distribution accounted for 49.2% of total spending in the second quarter, the highest level since 1989.
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emilyflitter.bsky.social
Emily Flitter @emilyflitter.bsky.social · 28d
“A group of boys brought in a transistor radio to listen to music. They didn’t realize they had to lift the antenna, so I lifted it for them. The music wasn’t that loud and it was quite sweet.” gothamist.com/news/from-bu...
From burner phones to decks of cards: NYC teens are adjusting to the smartphone ban
A week into the ban on internet-enabled devices, students say they are making it work.
gothamist.com
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carlquintanilla.bsky.social
Carl Quintanilla @carlquintanilla.bsky.social · 27d
“.. It will squeeze consumers, who have faced years of cumulative price hikes. This time, however, Americans won't get the boost from a roaring jobs market or strong wage growth.”

@axios.com
www.axios.com/newsletters/...
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mckonomy.bsky.social
Michael McKee @mckonomy.bsky.social · 27d
Today's FAFO:
*HYUNDAI DELAYS GEORGIA BATTERY PLANT CONSTRUCTION AFTER RAID
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