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lines down

lines down

@linesdown.bsky.social

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Economic indicators for the left.

Posts Media Videos Starter Packs

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David_j_roth @davidjroth.bsky.social · 13h

This is really well done. slate.com/business/202...

I Went to Watch the Tiny Operation That’s Making ICE Lose Its Mind. A Lot Can Happen in 24 Hours.

At the headquarters for Donald Trump’s darkest work, a few people are getting under the administration’s skin.

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Daniel Drezner @dandrezner.bsky.social · 8h

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George Pearkes @peark.es · 16h

One thing that stuff like this gives me confidence about: willingness to pay for AI output is going to get awfully close to zero.

Jason Koebler @jasonkoebler.bsky.social · 16h

This is so bleak:

www.404media.co/a16z-is-fund...

Last week, I wrote about Doublespeed, essentially a click farm that sells “synthetic influencers” to astroturf whatever product or service you want across social media, despite it being a clear violation of every social media platform's policy on inauthentic behavior. But that was just the tip of the iceberg.

a16z’s Speedrun is also backing:

Creed: An AI company “rooted in Christian Values” which produces Lenny, a “Bible-based AI buddy who's always got your back with wise words, scripture-inspired guidance, and a listening ear whenever you need it.”
Zingroll: The “world’s largest Netflix-quality AI streaming platform,” which is another way of saying it’s a Netflix populated exclusively with AI Slop.
Vega: which is building “AI-powered social orbits.” What does that mean? Not entirely clear, but the company has produced one of the most beautiful Mad Libs paragraphs I’ve ever seen: “We’re building the largest textual data moat on human relationships by gamifying the way people leave notes for each other. For the first time, LLMs can analyze millions of raw, human-written notes at scale and turn them into structured meaning, powering the most annotated social graph ever created.”
Moona Health: an AI-powered Sleep care app the company says is covered by insurance. “Our AI-powered platform automates insurance claims and scheduling and analyzes sleep data – providing personalized session guidelines to therapists,” Moona says.
Jooba: “The world’s first autonomous recruiting firm.”
Margin: “The World’s first AI powered credit card.” Margin says “Customers earn points, with dynamic rewards that adapt to their preferences in real time.”
First Voyage: A wellness app that gives you AI “mythological pets that turn wellness into play.”
Axon Capital: billed as “DeepMind for Finance,” Axon says it has “pioneered brain-inspired, low-latency AI for financial markets.”

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Jeff "Run CMC, TFL" Cryptsko @jeffkrisko.bsky.social · 18d

lines down @linesdown.bsky.social · 1d

Good morning

China Dominates Mined Production of Rare
Earths
400 thousand metric tons
| China
69%
300
200
100
US
China
Myanmar
Thailand
Nigeria
Australia
US
Others
1995
2000
2005
2010
2015
2020 2024

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Carl Quintanilla @carlquintanilla.bsky.social · 1d

Sub-optimal.

lines down @linesdown.bsky.social · 2d

The radicalization of normies. Reminds me of this sign during BLM

Man holds sign that says “a life for a life, immediate decapitation”

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Michael Derby @michaelsderby.bsky.social · 2d

Citi: “In our base case, the government reopens in mid-November, leading to a pile-up of jobs data in late November/early December. Rate cuts in 2026 will become more dependent on labor market data – we expect a rise in unemployment to keep the Fed cutting rates by 25bp” at January, March FOMCs.

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Carl Quintanilla @carlquintanilla.bsky.social · 4d

JPMORGAN: “.. rising delinquencies on some loans are raising concerns about lower-income households. For example, the 60+ day delinquency rate on subprime auto loans reported by Fitch has recently hit a record high ..”

$F $GM $CVNA

lines down @linesdown.bsky.social · 4d

American Century of Humiliation

lines down @linesdown.bsky.social · 4d

The policy of the Fed is to get inflation to 2%, they aren’t there yet. However, the inflation numbers came in lower than people thought this month. The markets interpreted that as a positive sign and went up.

lines down @linesdown.bsky.social · 4d

My two word review of A House of Dynamite: NatSec Rashomon.

lines down @linesdown.bsky.social · 4d

Mr Treehorn treats objects like women man

lines down @linesdown.bsky.social · 4d

Annualized change in food prices from today’s inflation report

CPI Select Food Items (3M Annualized Percent Change)
Lunchmeats
Coffee
Beef And Veal
Fresh Vegetables
Cookies
Frozen Fruits and Vegetables
Candy and Chewing Gum
Canned Fruits
Snacks
Milk
Pork
Canned Vegetables
Bread
Rice, Pasta, Cornmeal
Butter
Fresh Fish and Seafood
Carbonated Drinks
Processed Fish and Seafood
Breakfast Cereals
Spices, Seasonings, Condiments Nonfrozen Noncarbonated Juices Cheese and Related Products Frozen & Freeze Dried Prepared
Baby Food
Fresh Fruit
Chicken
Ice Cream and Related Products
Soups
Dried Beans Peas & Lentils
Peanut Butter
Eggs
7.1%
6.2%
6.0%
5.8%
5.6%
5.1%
2.7%
2.2%
0.5%
0.4%
0.4%
-0.3%
-0.6%
-1.4%
-2.1%
-2.8%
-2.8%
-3.1%
-3.1%
-3.6%
-3.6%
-3.7%
-3.8%
-7.2%
-8.5%
27.4%
25.9%
23.7%
18.1%
13.7%
-29.8%
-40%
-20%
0%
20%

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Brian Goldstone @brian-goldstone.bsky.social · 4d

With millions at risk of losing SNAP in the coming days, a reminder: hunger doesn't happen in isolation. When food assistance disappears, families use rent money to eat. Then come evictions and homelessness.

Housing, food, healthcare—it's all connected. Cut one thread and the whole thing unravels.

lines down @linesdown.bsky.social · 4d

Inflation is above target but less than expected.

Metric
Actual
Estimate
CPI MoM
+0.3%
+0.4%
Core CPI MoM
+0.2%
+ 0.3%
CPI YOY
+3.0%
+3.1%
Core CPI YOY
+3.0%
+ 3.1%

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Carl Quintanilla @carlquintanilla.bsky.social · 4d

“.. 3-month annualized change in core #CPI as of September: +3.64%”

(via Kev Gordon)

lines down @linesdown.bsky.social · 5d

One of the few nice things happening these days is the decline of private equity youtu.be/bfUOPDOLHvE?...

Private Equity’s Quiet Crisis!

YouTube video by Patrick Boyle

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☠️deadward niedermurder☠️ @niedermeyer.online · 6d

Musk says his confidence in achieving unsupervised FSD means Tesla will expand production.

In related news, here's a chart of Tesla's market share.

Tesla's market share in clear decline in Europe and China, and the US decline has only momentarily and modestly rebounded from similarly secular decline

lines down @linesdown.bsky.social · 6d

Sincerely when formal, Thanks when informal.

lines down @linesdown.bsky.social · 6d

Bad day for many industrials

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Secretary of Defense Rock @sodrock.bsky.social · 6d

American ranchers showing up at their local DSA meeting:

lines down @linesdown.bsky.social · 6d

They are going to pick someone more right wing

lines down @linesdown.bsky.social · 6d

Trump says: farmers have had it too good for too long

FinTwitter @fintwitter.bsky.social · 6d

TRUMP: CATTLE RANCHERS HAVE TO GET THEIR PRICES DOWN -TRUTH SOCIAL

lines down @linesdown.bsky.social · 6d

Finally a turn around in gold prices

Gold Had Veered Heavily Into Overbought
Territory
/ Spot Gold
/ 4,000
3,500
3,000
/ 14-day RSI Index
100
80
60
40
20
Jan
Feb Mar Apr
May
Jun
2025
|
Jul
Aug
I
1
Sep
Oct
Source: Bloomberg
Note: Typicallly, an RSI reading of 70 or above signals that an asset is overbought.
Bloomberg