Yoshie Furuhashi

In the next crisis, try Medicare for All instead of ACA subsidies; buy private rentals and turn them into public housing instead of handing out rental assistance; build public housing and do other public works instead of pushing rates so low as to incentivize private landlording.

Ill wait until vacancy rates normalize before declaring rental disinflation over...

in line with the stabilization and uptick we are seeing in the corelogic data too.

super-macro.com US Rental disinflation is over The rent slowdown has run its course. Cleveland Fed data shows new-tenant rent growth stabilizing, meaning the biggest disinflation driver in core CPI is fading fast. Don't count on shelter to keep cooling inflation from…

Texas Instruments double beat but disappoints on guidance. CEO "Revenue increased 9% sequentially, led by continued broad recovery in industrial, and 16% from the same quarter a year ago" $TXN: -8% AH

Texas Instruments $TXN, On Semiconductor $ON, Microchip $MCHP, NXPI $NXP, all down after Texas Instruments missed earnings on tariffs (just like $GM) The main concern is whether tariffs and trade disputes will hurt a sales resurgence that’s still in the early stages. While…

FOX: “GM shares T-boned by tariffs. The stock is diving 7% after the auto giant reported a 32% slump in quarterly profits due to a $1.1 billion hit from (Trump’s) tariffs, which GM says will worsen…”

$GM sees a $4-5 BILLION hit due to tariffs; tariffs either cause prices to rise for the poor, or are taken as margin hits by U.S. companies. It is what it is, the tax just doesn't MAGICALLY DISAPPEAR... $F $STLA

Correct

Several Toyota models, such as Camry, Corolla, Highlander, RAV4, Sequoia, Sienna, Tundra, and Tacoma are manufactured in the United States. Why wouldn't Toyota be better off shifting its production to Japan to take advantage of the 25% tariff?

I have to do the math, but I’m pretty sure we’re at the point where GM is financially better off just buying Toyota’s directly from Tokyo, changing the logo, and reselling them for 5% higher. Rather than paying 50% steel tariffs, 50% aluminum tariffs, 50% copper tariffs, 25%…

"Ambitions of talks on extending French nuclear protection to Germany have been scaled back": "The consultations initiated by the two countries don’t aim for anything rivaling Germany’s nuclear-sharing agreement with the U.S. . . ." wsj.com/world/europe/g…

In a 'sea-change policy shift', Berlin signalled to Paris it will not oppose French efforts to ensure nuclear power is treated on par with renewable energy under EU law, French and German officials said. on.ft.com/4koGjyv

The cult has spoken.

Let's say Powell quits! Two possibilities. We get 1. A puppet Chair who tows the line blindly on policy 2. An independent Chair - who'll go through the same ordeal. (Recall who appointed Powell as Chair?) Either way, Fed independence is lost. So Powell quitting doesn't help!

Can't believe someone looked at this chart - that shows that inflation is driven by non rate factors - and didn't conclude that if the administration wants lower rates, they should cut back on spending, so that inflation and rates both can fall! 😂🤡🤦

Bayat has been given a pass for too long. He regularly writes 4 State Dept funded New Lines Mag or this dubious anti-IRI outlet Aasoo & all he does is demonise Resistance & anti-imperialism, blaming it 4 ills of world while giving himself room to engage in vacuous both sideism.

@UrOrientalist @Louis_Allday @NinaFarnia @Helyeh_Doutaghi aasoo.org/fa/articles/51…

I hope this terrible letter by Asef Bayat is translated into English & he is dragged for it. He condemns Israel, but essentially uses opportunity to attack all of Resistance anti-imperialism & shifts blame on to them US-Israel genocide & aggression. Typical liberal cope.