Patrick W. Watson
@patrickww.bsky.social
1.8K followers
1.7K following
1.1K posts
Journalist interested in economics, climate change, technology, labor. Hill Country Texan. @PatrickW at the X place but trying to escape. Once a soldier.
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Trump has signed an “Article-5-like” security guarantee following an Israeli strike in Doha, Axios reports.
“The United States shall regard any armed attack on the territory, sovereignty, or critical infrastructure of the State of Qatar as a threat to the peace and security of the United States.”
“The United States shall regard any armed attack on the territory, sovereignty, or critical infrastructure of the State of Qatar as a threat to the peace and security of the United States.”
Reposted by Patrick W. Watson
President Trump’s latest tariffs sent shock waves throughout Asia, heaping additional turmoil on companies already grappling with uncertainty, while adding further complexity for trade officials ironing out the details of recently struck trade agreements.
Trump’s New Tariffs Shock Countries Reeling From His Chaotic Trade War
Throughout Asia, the source of about 40 percent of U.S. imports, countries have little to show for weeks of talks trying to finalize deals.
nyti.ms
Patrick W. Watson
@patrickww.bsky.social
· Sep 19
Patrick W. Watson
@patrickww.bsky.social
· Sep 19
Patrick W. Watson
@patrickww.bsky.social
· Sep 19
Patrick W. Watson
@patrickww.bsky.social
· Aug 28
Patrick W. Watson
@patrickww.bsky.social
· Aug 27
Personally, I think the reason why the market is complacent is because many influential people like Dudley is still talk this problem with "if"
There is no "if" anymore, just "when"
Like.. before or after Powell (and May 2025 or Jan 2028)
There is no "if" anymore, just "when"
Like.. before or after Powell (and May 2025 or Jan 2028)
Bill Dudley says "Markets are too complacent."
"If Trump gained the power to reject and select regional Fed presidents via the Board of Governors, each reserve bank’s board of directors would face the difficult political question of whom to appoint"
"If Trump gained the power to reject and select regional Fed presidents via the Board of Governors, each reserve bank’s board of directors would face the difficult political question of whom to appoint"
Patrick W. Watson
@patrickww.bsky.social
· Aug 26
Trump Team Weighing Options to Extend Influence to Fed Banks
The Trump administration is reviewing options for exerting more influence over the Federal Reserve’s 12 regional banks that would potentially extend its reach beyond personnel appointments in Washingt...
www.bloomberg.com
Reposted by Patrick W. Watson
Michael Derby
@michaelsderby.bsky.social
· Aug 26
Yes, the stakes here are large. Very large.
Patrick W. Watson
@patrickww.bsky.social
· Aug 26
Trump fires Fed's Cook alleging false statements on mortgage forms.
Trump fires Fed's Cook alleging false statements on mortgage forms
U.S. President Donald Trump on Monday took the unprecedented action of firing Lisa Cook, the first African-American woman to serve as a Federal Reserve governor, over claims of mortgage borrowing impropriety.
www.reuters.com
Reposted by Patrick W. Watson
Nacmtrader17
@nacmtrader17.bsky.social
· Aug 25