Wow! "Former Trump administration officials and Twitter employees tell Rolling Stone that the White House’s Teigen tweet demand was hardly an isolated incident: The Trump administration and its allied Republicans in Congress routinely asked Twitter to take down posts they objected to — the exact behavior that they’re claiming makes President Biden, the Democrats, and Twitter complicit in an anti-free speech conspiracy to muzzle conservatives online." https://www.cnn.com/2023/02/09/politics/gop-extreme-reaction-biden-analysis

You might think so, but I don't see any minds being swayed. "Republicans’ extreme reaction to Biden’s big speech helps make his point" https://www.cnn.com/2023/02/09/politics/gop-extreme-reaction-biden-analysis

Liz Young points out a pretty big gap between top-down strategists' & bottom-up analysts' 2024 EPS estimates--strategists at $237 (6% growth vs 2023) while analysts at $249 (12% growth vs 2023). #CoSoFinance

Wages are still climbing, but at a slower pace. New wage metric from White House Council of Economic Advisers adjusts for non-housing services workers (in order to get better read on relationship to core inflation ex-housing) … year/year wage growth well off peak tho elevated relative to history #CoSoFinance

One of the reasons I'm so bullish on robots (and select robotics companies) is the significant drop —over the long-term—in fertility rates across world, most notably in China, India, and Mexico #CoSoFinance

Moodys Analytics reports that thru end of 2022, apartment rents were still growing (tho at slower pace from peak) … effective rent increased by 2% in 4Q22, up from +1.9% in prior quarter but well off peak of +8.1% #CoSoFinance

Latest ⁦#Gallup poll shows 35% of Americans say they are financially better off now than they were a year ago (same as January 2021); 50% say they are worse off than a year ago, which is highest share since 2009. I believe a lot of this is due to the media filter, but also likely that more people are feeling inflation's squeeze. #CoSoFinance

Banks' willingness to make consumer loans has fallen sharply; net % willing to do so has fallen into negative territory per latest Fed data #CoSoFinance

If you're wondering why the broad stock market continues to sell off. "Traders Are Starting to Put Big Money on the Fed Going to 6%" https://tinyurl.com/3rm66yba
#CoSoFinance

This list of President Biden's accomplishments needs to be updated. Biden has also helped create 12 million new jobs, and unemployment is at a 54-year low. #CoSoFinance

Biden is correct in wanting to increase the tax on share buybacks. Energy companies are not spending the massive increase in earnings they're seeing on more production. We, the people, can make better use of it. But much to oil & gas companies' relief, the Republican Congress will never vote to tax energy companies more. #CoSoFinance

This should make you laugh. If not, be sure to block me, because I'll post more like it.

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Fed Chair Powell spoke today, in case you're wondering why the market is behaving like a 12-year-old freaking out like Mom took away his phone.

Friday’s blowout jobs report helped propel Citi Economic Surprise Index for U.S. higher by significant degree … daily change was largest since June 2020 #CoSoFinance