Cheesles
@cheesles.bsky.social
Retired dividend investor.
Having a go at sustaining a high-income portfolio.
Having a go at sustaining a high-income portfolio.
Reposted by Cheesles
in terms of focussing on "affordability," this is one of the worst things you could do as the Transportation Department.
The U.S. Transportation Department is threatening to shut down thousands of truck driving schools, part of the Trump administration's widening crackdown on industry.
Thousands of U.S. trucking schools could lose accreditation under DOT crackdown
The U.S. Transportation Department is threatening to shut down thousands of truck driving schools, part of the Trump administration's widening crackdown on industry.
n.pr
December 2, 2025 at 4:10 AM
in terms of focussing on "affordability," this is one of the worst things you could do as the Transportation Department.
Reposted by Cheesles
$RVT declares a banger of a Q4 distro:
Royce Small-Cap Trust (RVT) declares $0.54/share
Payable Dec. 24; for shareholders of record Dec. 11; ex-div Dec. 11.
Royce Small-Cap Trust (RVT) declares $0.54/share
Payable Dec. 24; for shareholders of record Dec. 11; ex-div Dec. 11.
December 1, 2025 at 10:26 PM
$RVT declares a banger of a Q4 distro:
Royce Small-Cap Trust (RVT) declares $0.54/share
Payable Dec. 24; for shareholders of record Dec. 11; ex-div Dec. 11.
Royce Small-Cap Trust (RVT) declares $0.54/share
Payable Dec. 24; for shareholders of record Dec. 11; ex-div Dec. 11.
Reposted by Cheesles
Relying on ChatGPT to teach you about a topic leaves you with shallower knowledge than Googling and reading about it, according to new research that compared what more than 10,000 people knew after using one method or the other.
Shared by @gizmodo.com: buff.ly/yAAHtHq
Shared by @gizmodo.com: buff.ly/yAAHtHq
Learning With AI Falls Short Compared to Old-Fashioned Web Search
In virtually all the ways that matter, getting summarized information from AI models was less educational than doing the work of search.
buff.ly
November 30, 2025 at 3:30 AM
Relying on ChatGPT to teach you about a topic leaves you with shallower knowledge than Googling and reading about it, according to new research that compared what more than 10,000 people knew after using one method or the other.
Shared by @gizmodo.com: buff.ly/yAAHtHq
Shared by @gizmodo.com: buff.ly/yAAHtHq
With divs and interest I don't need to live on, Added to RVT, EDD, USA, KYN, BCX, PFFR, UTG, UTF, AOD, BGY.
November 28, 2025 at 4:30 PM
With divs and interest I don't need to live on, Added to RVT, EDD, USA, KYN, BCX, PFFR, UTG, UTF, AOD, BGY.
Reposted by Cheesles
HSBC forecasts that OpenAI is going to have nearly a half trillion in operating losses until 2030
November 27, 2025 at 6:12 PM
Reposted by Cheesles
Reposted by Cheesles
Blackrock does not buy homes.
Blackstone does.
Jesus.
Blackstone does.
Jesus.
November 27, 2025 at 5:13 AM
Blackrock does not buy homes.
Blackstone does.
Jesus.
Blackstone does.
Jesus.
Reposted by Cheesles
CHART: Bitcoin ETFs shed $58B, dropping faster than BTC protos.com/chart-bitcoi...
CHART: Bitcoin ETFs shed $58B, dropping faster than BTC
Although both BTC ETFs and the price of BTC itself have declined since October, ETF outflows have far outpaced the asset's decline.
protos.com
November 25, 2025 at 11:23 AM
CHART: Bitcoin ETFs shed $58B, dropping faster than BTC protos.com/chart-bitcoi...
Reposted by Cheesles
If there's ever been a big flashing light that signals 'Exit All Grifts' it's a sharp sustained downturn for Bitcoin.
Crypto hoarders dump tokens as shares tumble on.ft.com/49As3k6
Crypto hoarders dump tokens as shares tumble
‘Digital asset treasury’ craze sours amid $1tn rout in cryptocurrency market
on.ft.com
November 26, 2025 at 5:20 AM
If there's ever been a big flashing light that signals 'Exit All Grifts' it's a sharp sustained downturn for Bitcoin.
Reposted by Cheesles
To cut rates, you'd need to forecast inflation falling to 2% very soon (not likely) or an employment recession (possible).
The other possibility is that the neutral rate is lower than the models suggest (currently 1.5%). But even a neutral rate of 0.75% would suggest holding rates steady.
The other possibility is that the neutral rate is lower than the models suggest (currently 1.5%). But even a neutral rate of 0.75% would suggest holding rates steady.
Should the Fed raise rates in December?
Key estimates of the neutral rate are currently around 1.5%. With inflation stuck ~ 3%, a neutral Fed Funds rates would be around 4.5% (the current rate is accommodative).
Of course the Fed is also concerned about maximum sustainable employment ...
Key estimates of the neutral rate are currently around 1.5%. With inflation stuck ~ 3%, a neutral Fed Funds rates would be around 4.5% (the current rate is accommodative).
Of course the Fed is also concerned about maximum sustainable employment ...
November 26, 2025 at 12:24 AM
To cut rates, you'd need to forecast inflation falling to 2% very soon (not likely) or an employment recession (possible).
The other possibility is that the neutral rate is lower than the models suggest (currently 1.5%). But even a neutral rate of 0.75% would suggest holding rates steady.
The other possibility is that the neutral rate is lower than the models suggest (currently 1.5%). But even a neutral rate of 0.75% would suggest holding rates steady.
Reposted by Cheesles
Is the problem the economic "messaging" or the economic "outcomes"
November 24, 2025 at 10:46 PM
Is the problem the economic "messaging" or the economic "outcomes"
"...spending on AI related construction, and increased consumer spending in part from recent stock market gains, are likely the only two significant factors keeping the economy out of recession."
#econsky #finsky
bonddad.blogspot.com/2025/11/scen...
#econsky #finsky
bonddad.blogspot.com/2025/11/scen...
Scenes from the very tardy September jobs report
- by New Deal democrat An opening comment: it is an abomination that the US government treated its statistical agencies as doing expendi...
bonddad.blogspot.com
November 24, 2025 at 10:49 PM
"...spending on AI related construction, and increased consumer spending in part from recent stock market gains, are likely the only two significant factors keeping the economy out of recession."
#econsky #finsky
bonddad.blogspot.com/2025/11/scen...
#econsky #finsky
bonddad.blogspot.com/2025/11/scen...
Jettisoned my $KRP this morning and added the proceeds to $USA.
November 24, 2025 at 10:04 PM
Jettisoned my $KRP this morning and added the proceeds to $USA.
Reposted by Cheesles
"aggressive accounting" is a fun euphemism
This feels like one of those stories you're going to look at a year from now and say to yourself, "Why didn't I move more of my portfolio into cash?" **
** (This post is for informational purposes only and should not be construed as financial or any other advice.)
🎁
www.wsj.com/tech/meta-ai...
** (This post is for informational purposes only and should not be construed as financial or any other advice.)
🎁
www.wsj.com/tech/meta-ai...
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center
Favorable treatment off the balance sheet hinges on some convenient assumptions.
www.wsj.com
November 24, 2025 at 1:52 PM
"aggressive accounting" is a fun euphemism
Reposted by Cheesles
The DALLAS FED survey commentary is as dire as ever:
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
November 24, 2025 at 3:43 PM
The DALLAS FED survey commentary is as dire as ever:
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
“.. We don't know if it's the shutdown or just that demand has dropped, but our orders have dropped in half.”
@bobburgess.bsky.social
www.dallasfed.org/research/sur...
Reposted by Cheesles
Concerned lawmakers with very complicated questions like, ‘Why exactly would you start a war in Venezuela?’
It was a Saturday night, so it was pretty likely Hegseth was in no condition to participate.
November 24, 2025 at 1:44 AM
Concerned lawmakers with very complicated questions like, ‘Why exactly would you start a war in Venezuela?’
Reposted by Cheesles
“Claudia Sahm, a former Fed economist who blasted Summers and others for sexism in a widely shared and highly critical 2020 blog post, sounded vindicated. “Okay, so maybe I wasn’t too mean to him…” she said on social media after the emails were made public last week.” www.wsj.com/us-news/larr...
How Larry Summers’s Power Delayed the Reckoning Over His Epstein Ties
The former Treasury Secretary and Harvard president’s enormous network and clout kept him immune from past Jeffrey Epstein revelations. But this time was just too much.
www.wsj.com
November 21, 2025 at 4:02 AM
“Claudia Sahm, a former Fed economist who blasted Summers and others for sexism in a widely shared and highly critical 2020 blog post, sounded vindicated. “Okay, so maybe I wasn’t too mean to him…” she said on social media after the emails were made public last week.” www.wsj.com/us-news/larr...
Reposted by Cheesles
Being decent was too profitable.
BREAKING 🚨: Target
$TGT has now plunged to its lowest price in more than 6 years 📉📉
$TGT has now plunged to its lowest price in more than 6 years 📉📉
November 20, 2025 at 11:19 PM
Being decent was too profitable.
Reposted by Cheesles
Feel like management of The Bitcoin is going have to do some layoffs in light of this quarter’s results
November 19, 2025 at 5:44 PM
Feel like management of The Bitcoin is going have to do some layoffs in light of this quarter’s results
Reposted by Cheesles
a lotta yall still dont get it
coin holders can use multiple slurp juices on a single modem
so if you have 1 Laserjet and 3 slurp juices you can create 3 new “PC Load Letters”
coin holders can use multiple slurp juices on a single modem
so if you have 1 Laserjet and 3 slurp juices you can create 3 new “PC Load Letters”
For the first time ever, I had to make a payment in crypto.
I can now confidently say that crypto payments combine the speed of a dial up modem and the ease of updating the drivers on a 1998 HP Laserjet printer.
I can now confidently say that crypto payments combine the speed of a dial up modem and the ease of updating the drivers on a 1998 HP Laserjet printer.
November 19, 2025 at 5:13 AM
a lotta yall still dont get it
coin holders can use multiple slurp juices on a single modem
so if you have 1 Laserjet and 3 slurp juices you can create 3 new “PC Load Letters”
coin holders can use multiple slurp juices on a single modem
so if you have 1 Laserjet and 3 slurp juices you can create 3 new “PC Load Letters”
Reposted by Cheesles
This is a Trump policy as well and he has far more power, yet everyone pretends he’s never said it because him doing it would end the world www.reuters.com/markets/us/t...
November 18, 2025 at 8:33 PM
This is a Trump policy as well and he has far more power, yet everyone pretends he’s never said it because him doing it would end the world www.reuters.com/markets/us/t...
Reposted by Cheesles
The mainstream media will never acknowledge that the right ultimately wants the worst for America and this the motivation for their actions. In short, mainstream press won’t tell the truth.
November 18, 2025 at 1:06 PM
The mainstream media will never acknowledge that the right ultimately wants the worst for America and this the motivation for their actions. In short, mainstream press won’t tell the truth.
“Gaslighting the people and trying to tell them that prices have come down is not helping. It’s actually infuriating people because people know what they’re paying..."
prospect.org/2025/11/17/a...
prospect.org/2025/11/17/a...
Affordable Trump - The American Prospect
His belated effort to address the cost-of-living crisis is a repudiation of his own core policies and a gift to progressives.
prospect.org
November 17, 2025 at 9:48 PM
“Gaslighting the people and trying to tell them that prices have come down is not helping. It’s actually infuriating people because people know what they’re paying..."
prospect.org/2025/11/17/a...
prospect.org/2025/11/17/a...