Steven Rattner

Get my @Morning_Joe charts and my @NYTimes OpEds & posts by signing up at StevenRattner.com Bluesky: @steverattner.bsky.social Threads: stevenrattner

AOC has far outraised other House members so far, raking in 78% more than runner-up Mike Johnson. Moderate Democrats need to figure out a message as compelling (albeit flawed) as AOC's.

Ending the capital gains tax on home sales (as Trump is considering proposing) would just be another handout to the rich. The 10% of homeowners that currently pay the tax have 5.5x the net worth of other homeowners and make an average of $431K.

Interestingly, the recent grad employment slump looks very different by gender — the trend is almost entirely driven by young men.

Consumer sentiment remained more or less flat in July, still well below 2024 levels.

Wow — a new survey from @CommonSense found that 52% of teens regularly use AI companions. This is one AI use case we should be wary of – these types of robot friends have already proven dangerous for kids.

A really interesting chart from @tracyalloway — the share of imputed (instead of observed) prices used in the CPI has shot up from 9% in February to 35% in June. One of the (many) consequences of the DOGE cuts.

As an @nytimes alumnus and occasional contributor, the idea that the paper is in the tank for Israel is ludicrous. The Times has published countless vivid accounts of the suffering of the Gaza Palestinians as well as Israel's unfortunate failure to pursue a two state solution.

Can someone remind me why it was a good idea to put tariffs on goods that don't grow in America again?

CPI inflation ticked upwards in June to 2.7%

Though Congress just passed a budget-busting tax bill, the bond market remains calm. My @Morning_Joe Chart

One reason why markets are less daunted by Trump’s trade war is that inflation has not yet materialized. My @Morning_Joe Chart

Recession odds have come down from their tariff-induced highs, but they’re still a bit elevated. My @Morning_Joe Chart

The contrast between the market’s tariff-reactions in April versus now are remarkable. Wall Street is now unphased by most of Trump’s utterances. My @Morning_Joe Chart

The Magnificent 7 is still driving S&P performance, but those without strong AI businesses are starting to lag. My @Morning_Joe Chart

Since Trump paused his reciprocal tariffs, the market has continued to climb. Wall Street either isn’t scared of tariffs or doesn’t think they’ll actually materialize. My @Morning_Joe Chart

Trump revived his trade war last week, but Wall Street didn’t seem to care. I’ll be on @Morning_Joe in a few to explain why markets keep rising.

A great chart from @econjared's latest op-ed which explains why we should be concerned about the debt (and why Trump wants the Fed to lower rates). nytimes.com/2025/07/09/opi…