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Tax refunds to help close the consumer “K”-shape
“Lower-income households saw a larger spending boost from tax returns compared to the overall US household, especially when it came to discretionary categories like travel, goods, and leisure” -BofA Institute
“Lower-income households saw a larger spending boost from tax returns compared to the overall US household, especially when it came to discretionary categories like travel, goods, and leisure” -BofA Institute
January 15, 2026 at 10:49 AM
Tax refunds to help close the consumer “K”-shape
“Lower-income households saw a larger spending boost from tax returns compared to the overall US household, especially when it came to discretionary categories like travel, goods, and leisure” -BofA Institute
“Lower-income households saw a larger spending boost from tax returns compared to the overall US household, especially when it came to discretionary categories like travel, goods, and leisure” -BofA Institute
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as.ft.com/r/fd71d08c-e... What will China do now? I take on the question in this week’s Swamp Note with the help of our Beijing bureau chief Joseph Leahy
What will China do now?
[FREE TO READ] Beijing must decide if it will conduct business as usual in the wake of the US’s ousting of Maduro in Venezuela
as.ft.com
January 12, 2026 at 2:52 PM
as.ft.com/r/fd71d08c-e... What will China do now? I take on the question in this week’s Swamp Note with the help of our Beijing bureau chief Joseph Leahy
Reposted by Wealth of Nations
Reposted by Wealth of Nations
Quixotic move
Breaking news: Trump is citing “national security” to halt all active work on offshore wind projects
Five giant energy projects, countless jobs at risk
My story explains how the argument has legal weaknesses and comes from an anti-wind policy doc I reported in January
Five giant energy projects, countless jobs at risk
My story explains how the argument has legal weaknesses and comes from an anti-wind policy doc I reported in January
Trump Uses ‘National Security’ To Freeze Offshore Wind Work
The administration has already lost once in court wielding the same argument against Revolution Wind.
heatmap.news
December 22, 2025 at 4:54 PM
Quixotic move
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Happy K-shaped Christmas: as.ft.com/r/f6ee4f6c-4... Happy K-shaped Christmas
Happy K-shaped Christmas
[FREE TO READ] Across the US, high earners are spending while middle- and lower-income households are feeling the pinch
as.ft.com
December 22, 2025 at 3:47 PM
Happy K-shaped Christmas: as.ft.com/r/f6ee4f6c-4... Happy K-shaped Christmas
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Here's a quick hit on why Trump's obsession with Venezuela's oil is a bit heavy and crude in a world where the US is a net exporter and the concerns are a lot more about peak demand than peak supply. responsiblestatecraft.org/trump-venezu...
Trump's Venezuela oil obsession doesn't make sense
The president accused Caracas of 'stealing' the commodity and vows to take it back. First, we don't need it, second, invading for it would be a blunder.
responsiblestatecraft.org
December 17, 2025 at 3:53 PM
Here's a quick hit on why Trump's obsession with Venezuela's oil is a bit heavy and crude in a world where the US is a net exporter and the concerns are a lot more about peak demand than peak supply. responsiblestatecraft.org/trump-venezu...
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My thoughts on the affordability crisis
December 17, 2025 at 3:12 PM
My thoughts on the affordability crisis
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Any commentary about the Bulgarian currency regime necessarily involves LEVity.
i mean sure but where's the dad joke?
December 12, 2025 at 2:26 PM
Any commentary about the Bulgarian currency regime necessarily involves LEVity.
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So proud of this. The musical novelty center in my brain mostly shut off like clockwork in 1994. So well into the 2000s, I would say things like “i just discovered these amazing new bands - Wilco and Radiohead. Have you heard of them?”
December 3, 2025 at 2:09 PM
So proud of this. The musical novelty center in my brain mostly shut off like clockwork in 1994. So well into the 2000s, I would say things like “i just discovered these amazing new bands - Wilco and Radiohead. Have you heard of them?”
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My daughter is editing a comic anthology. Artists should apply here: www.instagram.com/p/DRuQboODnJ...
darya foroohar 🐇 on Instagram: "Excited to announce that Deadweight submissions are now OPEN! Looking forward to seeing all your comics. Both more info and the submission form are on my website/links ...
50 likes, 0 comments - daryafarah on December 1, 2025: "Excited to announce that Deadweight submissions are now OPEN! Looking forward to seeing all your comics. Both more info and the submission form ...
www.instagram.com
December 2, 2025 at 2:29 PM
My daughter is editing a comic anthology. Artists should apply here: www.instagram.com/p/DRuQboODnJ...
Reposted by Wealth of Nations
Its happening gif.
December 1, 2025 at 10:21 PM
Its happening gif.
but the two year?
Realization that Hassett will promote inflationary policy.
December 1, 2025 at 7:10 PM
but the two year?
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Watched football at a bar for the first time in years this weekend.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
December 1, 2025 at 1:42 PM
Watched football at a bar for the first time in years this weekend.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
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amazing three years since that google emergency “code red” board meeting
November 25, 2025 at 4:15 PM
amazing three years since that google emergency “code red” board meeting
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While I earnestly wanted to discuss the fundamentals of bitcoin, @mpurves.bsky.social had some very good points on the technicals sherwood.news/markets/bitc...
November 24, 2025 at 1:36 PM
While I earnestly wanted to discuss the fundamentals of bitcoin, @mpurves.bsky.social had some very good points on the technicals sherwood.news/markets/bitc...
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Coming up in a half hour! quincyinst.org/events/book-...
Book Talk | The Great Global Transformation: The United States, China, and the Remaking of the World Economic Order
A discussion of Branko Milanović's new book.
quincyinst.org
November 19, 2025 at 4:24 PM
Coming up in a half hour! quincyinst.org/events/book-...
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Right like I don’t really worry about what will happen to GOOGL AMZN MSFT when this all goes pear shaped but NVDA META ORCL??? 😬😬😬
November 8, 2025 at 4:39 AM
Right like I don’t really worry about what will happen to GOOGL AMZN MSFT when this all goes pear shaped but NVDA META ORCL??? 😬😬😬
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Do read the story. The potential mismatch between $ capital needs and the useful life of the resultant physical capital stock is the central conundrum here?
September 26, 2025 at 11:47 PM
Do read the story. The potential mismatch between $ capital needs and the useful life of the resultant physical capital stock is the central conundrum here?
Reposted by Wealth of Nations
So Roberts & Gorsuch questions will be extra interesting.
Today will be a test of my theory that the Federalist Society did not spend years and millions to elevate judges who believed in deregulating everything a corporation does only to have them fold to a government that believes in regulating everything a corporation does that happens to cross a border.
November 5, 2025 at 4:19 PM
So Roberts & Gorsuch questions will be extra interesting.
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Man I really wish people didn’t just default to the GFC as the example for every situation involving financial engineering. Because this looks really different in a number of important ways!
November 4, 2025 at 12:01 AM
Man I really wish people didn’t just default to the GFC as the example for every situation involving financial engineering. Because this looks really different in a number of important ways!
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heads up to anyone following in nyc: i am playing a show in the lower east side tn
www.knittingfactory.com/tm-event/lig...
www.knittingfactory.com/tm-event/lig...
Light Sweet Crude - Knitting Factory
www.knittingfactory.com
October 18, 2025 at 8:27 PM
heads up to anyone following in nyc: i am playing a show in the lower east side tn
www.knittingfactory.com/tm-event/lig...
www.knittingfactory.com/tm-event/lig...
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Huge congratulations to the new President of Queens' College, Cambridge University, Dame Menna Rawlings!
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
September 30, 2025 at 5:24 PM
Huge congratulations to the new President of Queens' College, Cambridge University, Dame Menna Rawlings!
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Reposted by Wealth of Nations
Term premium is the added compensation that investors demand for fear that appointees to a nominally independent central bank might withdraw or be fired on some pretext before the end of their term.
August 26, 2025 at 2:39 AM
Term premium is the added compensation that investors demand for fear that appointees to a nominally independent central bank might withdraw or be fired on some pretext before the end of their term.