Robert_the_Bruce
@BobTheBruce
My own version of an outlaw king
I've known 2 kids who drowned so I retweet this annually: Drowning doesn’t look like drowning: slate.com/articles/healt… via @slate
Scrolling X be like: The printing press worked like this The Jews should all die, especially you The sphinx was made by aliens The truth about Epstein (1/27) Big win for the Sox! Mamdani kicked a baby (1/45) The UK is Islamic This guy is a wrong retard (1/374) Look at this sloth
In July 1863, NYC exploded. Poor immigrants revolted, Black citizens were hunted, and Lincoln sent troops fresh from Gettysburg to crush the chaos. The New York Draft Riots were America’s deadliest uprising—yet few remember. youtube.com/shorts/BvGq3Oq…
Many truckers I've spoken with don't realize how quickly container volumes have collapsed. Starting in May, port freight out of California will be almost eliminated. Its going to be a bloodbath in dray, followed by intermodal, and then a collapse in I-20 & I-40 trucking.
May 2020 had 51 shipments blank sailings. Over 80 so far in April 2025. COVID will look like good times.
Oversold markets are ones that have gone down a lot in a relatively short time. Sold-out markets are ones where there's no more stock left to sell. Sold-out markets are better than oversold markets.
The drop in tender rejections over the past week is highly concerning. A lot of the bullishness post-election among supply chain executives has turned into confusion and dismay. The biggest frustration is not understanding the end game. Business leaders are confused about…
Property taxes are local, not state. So we’d need to do a constitutional amendment (requires 60% of voters to approve) to eliminate them (which I would support) or even to reform/lower them… We should put the boldest amendment on the ballot that has a chance of getting that…
@GovRonDeSantis , we really need to abolish property taxes here in Florida. What do we need to do to make this happen?
The Chiefs are the first team in NFL history to reach 5 Super Bowls in 6 seasons.
Tulip Bubble "Because the participants by and large had little net worth and little if any reputation as traders, repudiation was for them an unusually low-cost option."
July 1985: Rock Bottom Rates 🤣 Thanks to @BWGroup_LV
Remember when mortgage rates ranged from 12% to 16% AND there was a rush to buy? As my friends said of WWII in Germany, as kids, they would take their parents earnings for the day and buy everything they needed on the way homes due to devaluation of the money. Same mentality.
Standards and terms for business loans ease during economic expansions and tighten during recessions. An analysis looks at why, and how these fluctuations are linked to productivity ow.ly/ZaqJ50TTyc0
More than three decades after German reunification, despite Trillions in transfers to former East Germany, one can still see the burden of socialism. Socialism always means poverty for all, capitalism decent life for most. It’s really that simple.
No one in the ILA/USMX labor dispute is acting honorably, or in recognition of their critical role in the US economy. Biden-Harris doesn't have the stones to leverage Taft-Hartley four weeks ahead of the election, and Daggett knows it. He also knows that ports are an abstract…
Listen up and listen good. International Longshoreman's Association President Harold J. Daggett is about to give you a master class in power. Not fake, op/ed writing, Davos-flying, “Adults are back!” power, Not Harvard-educated “norms of state behavior” power. Real power.
Patrick Mahomes in the box score today: 6 rushes, 17 yards, which is not very good. Patrick Mahomes in reality: 3 rushes, 30 yards, which is elite. Stop calling kneeldowns rushes, NFL.
In the COT Report, the "non-reportable" traders are ones whose position size is so small that the CFTC does not bother tracking them individually. They are the hot money, and usually wrong when they get to a large skewed position. In RBOB gasoline futures, they are usually net…
Small businesses not seeing good earnings trends … within @NFIB survey, series fell in August to lowest since March 2010
Credit conditions deteriorated a bit for small businesses in August … not yet back at lows seen last November, but things are tight relative to a handful of years ago
The bond market has known this for 13 months.
Sorry to be Captain Obvious here, but the economic/market takeaway from all of this is that the labor market has been softer than many assumed which reinforces the view that the Fed should be cutting rates.