GOLDMAN DESK:
“.. inflation data will be in the driver's seat over the coming months. .. a move towards 3.5% in core PCE (from 3% current) could bring about a serious discussion of hikes.
“.. To bring cuts back into the equation, the unemployment rate would need to rise from 4.3% back to 4.6%.”
Americans are getting more worried about having enough money for a comfortable retirement, because of rising costs and fears about the health of entitlement programs.
GOLDMAN DESK:
“.. We think investors should tilt their U.S. equity portfolios toward secular growth companies with idiosyncratic earnings tailwinds and limited AI disruption risk — such as firms tied to investment in power infrastructure — rather than stocks levered to broad economic growth.”
“.. Provision for credit losses increased 72% from a year earlier to $4.07 billion ..”
@bloomberg.com $COF
www.bloomberg.com/news/article...
So much false equivalence in media on gerrymandering in Texas vs California & Virginia. California and Virginia maps approved by the voters. That's a huge difference not enough people pointing out
The key to success here was that he identified and targeted the most gullible group of people on planet earth - American MAGA.
Republicans right now:
The company under Nunes never made a dollar of profit, but siphoned off many millions of investor dollars to put in the pockets of himself, the Trump family, and grifters in their orbit. Typical of most Trump business enterprises.
🇺🇦 17-year-old chess player Roman Degtyarev has been awarded the Future of Ukraine award.
He is the first in history to win the European Championship without the title of grandmaster.
The icing on the cake in Trump/Abbott’s gerrymandering scheme will be when a couple of Republicans lose their elections in Texas in the midterms specifically because their districts were weakened by the dummymander.
At least 34 tankers linked to Iran, including vessels carrying crude oil, have successfully bypassed the U.S. blockade, per FT
Here’s the very simple truth. We should ban all Gerrymandering.
Until then, to unilaterally disarm is political suicide and malpractice.
Dan Schulman is the new CEO of Verizon and he is predicting 20 to 30% unemployment within the next 2 to 5 years due to AI.
Not a typo. He thinks 1/3 of people currently employed will lose their jobs by 2030.
#OTD in 1945, Ferrara, Italy. Men from 2 Lancashire Fusiliers and 17-pounder tank destroyers, preparing for action. #WW2 #HISTORY
Sen. Kennedy to Warsh: "My worry is that a lot of this stuff about artificial intelligence making us more productive is a bunch of hype by people who want to sell stock and an IPO. I'd be careful there."
This painting, titled Dos Mujeres (Two Women) or Portrait of Two Women, was created by Mexican artist Diego Rivera in 1914. It is an important early work from Rivera in Paris, where he explored Cubism alongside Picasso and Braque.
This painting, titled Dos Mujeres (Two Women) or Portrait of Two Women, was created by Mexican artist Diego Rivera in 1914. It is an important early work from Rivera in Paris, where he engaged with Cubism alongside Picasso and Braque.
Witness the mesmerizing murmuration of starlings in Italy, a stunning display of nature's coordination and beauty as they dance through the sky in unison.
HEDY LAMARR escaped from her Nazi husband by disguising herself as her own maid, became a Hollywood star, then co-developed a radio guidance system for Allied torpedoes - the principles of which are incorporated into today’s Bluetooth and GPS technology.
Hell of a lady.
Cartoon by @andertoon.bsky.social.
Stay Classy.
Morning friends. There are still those amongst us that need to wake up.
An Egyptian funery technician cuts a few corners to save on costs and 1600 years later they're finally getting exposed as a shoddy operator, except everyone thinks it's really cool.
Page One.
@wsj.com #Florida
Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent. Cash reserves fell 96 percent while negative cash flow widened, signaling a deepening crisis across Russia’s steel sector. #Russia
Ukraine has struck a Black Sea Fleet vessel traffic control hub in Sevastopol along with UAV control centers in Kursk region and multiple command posts in Belgorod and occupied Donetsk. The coordinated strikes targeted command and control infrastructure across several axes. #Ukraine
1/ Russia's premier drone unit, Rubikon, has published statistics on the Ukrainian targets it has hit to date. To the concern of some Russian warbloggers, they reveal a strikingly different targeting strategy from that used by Ukraine. ⬇️
The EU will propose banning former Russian combatants from entering Europe by June, Kaja Kallas says
Ukraine's FM Andrii Sybiha backs the move: "participation in the war also means a ban on entry to Europe."
euromaidanpress.com/2026/04/22/e...
😂😂😂 Tuapse, Russia
Residents in Tuapse report worsening air quality and health issues as the port refinery fire is burning for nearly 48 hours after renewed Ukrainian drone strikes. #Russia
