Sam Ro
@tker.co
Editor of TKer.co | Chief evangelist of the stock market usually going up 📈
Pinned
Goldman Sachs: 'Valuation metrics are NOT historically mean reverting' 🤯
Just because you can calculate an average doesn't mean it'll have a gravitational pull🤦♂️
www.tker.co
Goldman Sachs: 'We cannot emphasize enough that valuation metrics are NOT historically mean reverting' 🤯 www.tker.co/p/goldman-sa...
"...national sentiment remains more than 20% below a year ago, as consumers continue to report pressures on their purchasing power stemming from high prices and the prospect of weakening labor markets." - U Mich www.sca.isr.umich.edu
January 23, 2026 at 4:22 PM
"...national sentiment remains more than 20% below a year ago, as consumers continue to report pressures on their purchasing power stemming from high prices and the prospect of weakening labor markets." - U Mich www.sca.isr.umich.edu
[email protected]'s free Friday newsletter is great ftav.substack.com/p/twenty-fou...
January 23, 2026 at 2:37 PM
[email protected]'s free Friday newsletter is great ftav.substack.com/p/twenty-fou...
Reposted by Sam Ro
Goldman Sachs: 'We cannot emphasize enough that valuation metrics are NOT historically mean reverting' 🤯 www.tker.co/p/goldman-sa...
Goldman Sachs: 'Valuation metrics are NOT historically mean reverting' 🤯
Just because you can calculate an average doesn't mean it'll have a gravitational pull🤦♂️
www.tker.co
January 16, 2026 at 1:30 PM
Goldman Sachs: 'We cannot emphasize enough that valuation metrics are NOT historically mean reverting' 🤯 www.tker.co/p/goldman-sa...
"...we estimate additional 10% tariffs on the European countries represent a 0.1% hit to S&P EBIT, all else equal." - Wells Fargo
January 20, 2026 at 5:34 PM
"...we estimate additional 10% tariffs on the European countries represent a 0.1% hit to S&P EBIT, all else equal." - Wells Fargo
"Think back when the Carter administration put credit controls in place to reduce costs. The impact was so severe they were very swiftly rescinded within two months." - Citi's Fraser
January 20, 2026 at 4:48 PM
"Think back when the Carter administration put credit controls in place to reduce costs. The impact was so severe they were very swiftly rescinded within two months." - Citi's Fraser
Reposted by Sam Ro
Finance Bluesky is hitting all-time highs lately, thanks to you. Let's spread the word, and make 2026 our breakout year bsky.social/about/blog/0...
The Smart Money Is on Bluesky - Bluesky
Since Bluesky launched, economists, investment strategists, and financial commentators have been building a finance community here, post by post. Now, it’s breaking out.
bsky.social
January 19, 2026 at 7:37 PM
Finance Bluesky is hitting all-time highs lately, thanks to you. Let's spread the word, and make 2026 our breakout year bsky.social/about/blog/0...
"While we often discuss hiring in the context of firms expanding or contracting their workforce, over 95% of gross hiring is replacement hiring. Of that, about 95% is to replace people who have quit or been laid off, with the remainder to replace other separations such as retirements and death." JPM
January 18, 2026 at 9:26 PM
"While we often discuss hiring in the context of firms expanding or contracting their workforce, over 95% of gross hiring is replacement hiring. Of that, about 95% is to replace people who have quit or been laid off, with the remainder to replace other separations such as retirements and death." JPM
Mathematical context can totally change the story 🧮 www.tker.co/p/alarming-e...
Mathematical context can totally change the story 🧮
Plus a charted review of the macro crosscurrents 🔀
www.tker.co
January 18, 2026 at 2:22 PM
Mathematical context can totally change the story 🧮 www.tker.co/p/alarming-e...
Goldman Sachs: 'We cannot emphasize enough that valuation metrics are NOT historically mean reverting' 🤯 www.tker.co/p/goldman-sa...
Goldman Sachs: 'Valuation metrics are NOT historically mean reverting' 🤯
Just because you can calculate an average doesn't mean it'll have a gravitational pull🤦♂️
www.tker.co
January 16, 2026 at 1:30 PM
Goldman Sachs: 'We cannot emphasize enough that valuation metrics are NOT historically mean reverting' 🤯 www.tker.co/p/goldman-sa...
“The biggest harbinger that things were about to fall apart in Iran didn’t come from the thwarted anger of the country’s opposition or the frustrated hopes of young people hungry for more personal freedom. It came from the collapse of a bank.”
A Tehran bank collapsed under the weight of bad loans to regime cronies. For some ordinary Iranians, it was the last straw. on.wsj.com/3LgpKsR
January 15, 2026 at 11:48 AM
“The biggest harbinger that things were about to fall apart in Iran didn’t come from the thwarted anger of the country’s opposition or the frustrated hopes of young people hungry for more personal freedom. It came from the collapse of a bank.”
2026 could be crappy for the stock market, and that would be normal 📉 www.tker.co/p/stock-mark...
2026 could be crappy for the stock market, and that would be normal 📉
Most years are volatile, and sometimes we close lower 🤷🏻♂️
www.tker.co
January 14, 2026 at 7:38 PM
2026 could be crappy for the stock market, and that would be normal 📉 www.tker.co/p/stock-mark...
Reposted by Sam Ro
After 21 years, I'm going to stop the daily posting to my blog Calculated Risk. Thanks to everyone!
I'm still going to write the real estate newsletter and I've started a weekly economic newsletter to replace the blog (but just once a week).
economicweekly.substack.com
I'm still going to write the real estate newsletter and I've started a weekly economic newsletter to replace the blog (but just once a week).
economicweekly.substack.com
January 13, 2026 at 10:01 PM
After 21 years, I'm going to stop the daily posting to my blog Calculated Risk. Thanks to everyone!
I'm still going to write the real estate newsletter and I've started a weekly economic newsletter to replace the blog (but just once a week).
economicweekly.substack.com
I'm still going to write the real estate newsletter and I've started a weekly economic newsletter to replace the blog (but just once a week).
economicweekly.substack.com
Reposted by Sam Ro
JPMORGAN WARNS AGAINST TRUMP’S 10% CREDIT CARD CAP JPMorgan CFO Jeremy Barnum said the bank could challenge President Trump’s order to cap credit card rates at 10%, noting “everything’s on the table.” He warned that the directive could reduce credit availability, harming
January 13, 2026 at 2:26 PM
JPMORGAN WARNS AGAINST TRUMP’S 10% CREDIT CARD CAP JPMorgan CFO Jeremy Barnum said the bank could challenge President Trump’s order to cap credit card rates at 10%, noting “everything’s on the table.” He warned that the directive could reduce credit availability, harming
"A reduction in avg APR to 10% could reduce total monthly payments by $100bn all else equal, but we also expect it would limit credit access and raise fees..." - Morgan Stanley
January 13, 2026 at 2:16 PM
"A reduction in avg APR to 10% could reduce total monthly payments by $100bn all else equal, but we also expect it would limit credit access and raise fees..." - Morgan Stanley
🚛Moving, storage, freight expense -14.3%
People are not moving
People are not moving
CPI for all items rises 0.3% in December; shelter and food up #BLSData www.bls.gov/news.release...
January 13, 2026 at 2:13 PM
🚛Moving, storage, freight expense -14.3%
People are not moving
People are not moving
🔥SUBSCRIPTION AND RENTAL OF VIDEO AND VIDEO GAMES +19.5%
outrageous
outrageous
CPI for all items rises 0.3% in December; shelter and food up #BLSData www.bls.gov/news.release...
January 13, 2026 at 2:12 PM
🔥SUBSCRIPTION AND RENTAL OF VIDEO AND VIDEO GAMES +19.5%
outrageous
outrageous
Powell really knows how to build a consensus. He’s got the support of Republicans, Democrats, former Fed chairs, former Treasury secretaries, world central bankers, and even meme stock traders.
When Jerome Powell went public with his defense of the Fed’s independence, the central bank’s chair found an unlikely army standing behind him: the meme-stock crowd on.wsj.com/3NHUNOL
He’s Their Daddy. Meme-Stock Traders Rush to Powell’s Defense.
Individual investors took to social media to cheer on Fed Chair Jerome Powell, who accused the White House of using a criminal probe to pressure the central bank.
on.wsj.com
January 13, 2026 at 12:29 PM
Powell really knows how to build a consensus. He’s got the support of Republicans, Democrats, former Fed chairs, former Treasury secretaries, world central bankers, and even meme stock traders.
The world’s central bankers stand with Jay Powell
The ECB and other European and international central banks stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell.
The independence of central banks is in the interest of the people we serve.
The independence of central banks is in the interest of the people we serve.
January 13, 2026 at 12:01 PM
The world’s central bankers stand with Jay Powell
"Pulte, who spent months last year lambasting Powell on social media and on television, recently pitched Trump on ousting Powell, going so far as to bring 'wanted' posters of the Fed chief along with him, according to three of the people familiar."
‘Freaked out’ about the bond market: White House reels from Powell probe
‘Freaked out’ about the bond market: White House reels from Powell probe
The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has the White House in damage-control mode.
dlvr.it
January 13, 2026 at 12:23 AM
"Pulte, who spent months last year lambasting Powell on social media and on television, recently pitched Trump on ousting Powell, going so far as to bring 'wanted' posters of the Fed chief along with him, according to three of the people familiar."
"The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.
SCOOP: Bessent told Trump that investigation of Fed chair creates a "mess"
Scoop: Bessent told Trump that investigation of Fed chair creates a "mess"
"The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.
www.axios.com
January 12, 2026 at 7:38 PM
"The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.
Reposted by Sam Ro
January 12, 2026 at 4:35 PM
Reposted by Sam Ro
Tillis is spot on. The Senate can't confirm a Trump toady to succeed Powell at the Fed. The rest of the game is now out in the open, and it doesn't end well.
January 12, 2026 at 2:00 AM
Tillis is spot on. The Senate can't confirm a Trump toady to succeed Powell at the Fed. The rest of the game is now out in the open, and it doesn't end well.
"Most expect the U.S. stock market’s growth streak to continue in 2026, fueled by rising earnings, falling interest rates, government stimulus, and consumer spending." @barrons.com www.barrons.com/articles/sto...
January 12, 2026 at 2:07 PM
"Most expect the U.S. stock market’s growth streak to continue in 2026, fueled by rising earnings, falling interest rates, government stimulus, and consumer spending." @barrons.com www.barrons.com/articles/sto...
🚨🚨🔥🔥
Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
Statement by Federal Reserve Chair Jerome H. Powell
YouTube video by Federal Reserve
www.youtube.com
January 12, 2026 at 12:43 AM
🚨🚨🔥🔥