Reposted by John CassidyGeorge Conway ⚖️🇺🇸 @gtconway.bsky.social · 02/10/2026Well, gee, this certainly makes $6 per gallon diesel worth it 1539106862161
Reposted by John CassidyMike Zaccardi, CFA, CMT @mikezaccardi.bsky.social · 01/10/2026Corporate profits now represent 14.9% of GDP, the highest share on record going back to 1947 Citadel Rubner 20327124
John Cassidy @johncassidysays.bsky.social · 28/09/2026Trump's disapproval rating hits 60% in poll average. You may well ask who the 37.4% are. Significant nonetheless. 063
John Cassidy @johncassidysays.bsky.social · 28/09/2026Helpful pull together and assessment of the latest guesstimates for forward AI capital spending, AI revenues, and required rates of return by the RobinWigglesworth.ft.com Common theme: huge $ sums, and, at this stage, it's largely funny money. www.ft.com/content/f83b...ft.comWhat is the AI capex breakeven rate?Heroic ROIC 052
Reposted by John Cassidysouthpaw @nycsouthpaw.bsky.social · 26/09/2026“Beyond two parking tickets for not moving his vehicle during snowstorms, Abdullah has no criminal record in Minnesota and was working legally as a mechanic while his asylum application was pending. He arrived in the United States in early 2023.” 19789323
Reposted by John CassidyG Elliott Morris @gelliottmorris.com · 24/09/2026No president has ever gone into a midterm election as unpopular as Trump is today. Not even George W. Bush in 2006. Trump's net approval is twice as low as it was at this point in 2018. blog.fiftyplusone.news/p/no-preside...blog.fiftyplusone.newsDemocrats hit midterm high as Trump approval reaches new lowNo president has gone into a midterm election this unpopular. Not even George W. Bush in 2006. 10530164
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 22/09/2026In time for the new school year--and the P(doom) debate--I'm pleased to say that my book "Capitalism and Its Critics: A History from the Industrial Revolution to AI" is available in paperback. 1/4 4226
John Cassidy @johncassidysays.bsky.social · 22/09/2026In time for the new school year--and the P(doom) debate--I'm pleased to say that my book "Capitalism and Its Critics: A History from the Industrial Revolution to AI" is available in paperback. 1/4 4226
Reposted by John CassidyDavid Corn @davidcorn.bsky.social · 22/09/2026He ought to be asked about this when he’s presented as a Democratic strategist. 581539418
John Cassidy @johncassidysays.bsky.social · 16/09/2026The Trumps would only do this stuff if they felt invulnerable, which apparently they are. 281
Reposted by John CassidyJon Cooper @joncooper-us.bsky.social · 16/09/2026The United States is preparing to sell Israel 40,000 bombs weighing 2,000 pounds (nearly a ton) each in a $2.8 billion sale. IT’S FUNDED BY U.S. TAXPAYER MONEY. The Trump administration has approved the sale, making it among the largest deliveries of U.S. munitions to Israel.haaretz.comReport: Trump approves $2.8 billion sale of 40,000 one-ton bombs to IsraelIn 2023, Israel reportedly used MK-84 bombs, which reportedly make up half of the sale, in areas of the Gaza Strip designated as safe for civilians, with each strike creating a crater measuring at lea... 125520299
John Cassidy @johncassidysays.bsky.social · 15/09/2026Seems like a fair question. Taxpayers dollars. 081
Reposted by John CassidyForbes @forbes.com · 14/09/2026Macklemore defended his remarks last week, saying, “Wanting all humans to be treated equal should never be controversial.”forbes.comMacklemore Removed From Ed Sheeran's Tour After 'Free Palestine' Remarks, Report SaysMacklemore defended his remarks last week, saying, “Wanting all humans to be treated equal should never be controversial.” 23436811008
Reposted by John CassidyAndrew Weinstein @andrewjweinstein.com · 09/09/2026You know who actually did show up at Ground Zero? Canadian emergency rescue crews. 391309767717
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 07/09/2026"An A.I. apocalypse in the labor market doesn’t appear to be arriving on the schedule advertised by the likes of Altman and Amodei. But having a bit of breathing space is no excuse for inaction." www.newyorker.com/news/the-fin...newyorker.comHas the A.I. Job Apocalypse Been Postponed?So far, the proliferation of A.I. models such as Claude and ChatGPT hasn’t led to mass displacement of workers. But deployment is accelerating and economic pressures are rising. 053
John Cassidy @johncassidysays.bsky.social · 07/09/2026"An A.I. apocalypse in the labor market doesn’t appear to be arriving on the schedule advertised by the likes of Altman and Amodei. But having a bit of breathing space is no excuse for inaction." www.newyorker.com/news/the-fin...newyorker.comHas the A.I. Job Apocalypse Been Postponed?So far, the proliferation of A.I. models such as Claude and ChatGPT hasn’t led to mass displacement of workers. But deployment is accelerating and economic pressures are rising. 053
Reposted by John CassidyEconomicsInTen @economicsinten.bsky.social · 07/09/2026Here are some of our recommended reads in this episode by the likes of @johncassidysays.bsky.social, @birdyword.bsky.social, Tom Butler-Bowdon and @gabrielzucman.bsky.social. Have a listen and then have a read... #EconSky #BookSky 082
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 31/08/2026Six months in and no end in sight. I took a look at the ever-rising tally in terms of military expenses, higher energy prices, and other economic costs. www.newyorker.com/news/the-fin...newyorker.comHow Much Is the Iran War Costing Americans?A proper calculation must take in more than just the military costs. 087
Reposted by John CassidyCharles Gaba ✡️ @charlesgaba.com · 31/08/2026🚨🚨🚨 NATIONALLY, unsubsidized #ACA premiums are set to jump an *additional* 15% in 2027: acasignups.net/rate_changes...acasignups.netNATIONALLY, unsubsidized ACA premiums to jump *ANOTHER* ~15% next yearI've finally completed my state-by-state individual & small group health insurance market analyses of the preliminary 2027 rate filings for all 50 states (+DC), so it't time to take a moment to check ... 613497
John Cassidy @johncassidysays.bsky.social · 31/08/2026Six months in and no end in sight. I took a look at the ever-rising tally in terms of military expenses, higher energy prices, and other economic costs. www.newyorker.com/news/the-fin...newyorker.comHow Much Is the Iran War Costing Americans?A proper calculation must take in more than just the military costs. 087
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 24/08/2026"You would think that this experience would have taught Bessent the perils of tangling with the financial markets, but now, more than three decades later, he is in a high-profile tussle with bond traders..." My latest column: www.newyorker.com/news/the-fin...newyorker.comThe Humbling of Scott BessentThirty-odd years ago, the Treasury Secretary was one of the speculators who broke the Bank of England in a famous trade. Now he’s on the other side of the markets, struggling to contain rising bond yi... 0138
John Cassidy @johncassidysays.bsky.social · 24/08/2026"You would think that this experience would have taught Bessent the perils of tangling with the financial markets, but now, more than three decades later, he is in a high-profile tussle with bond traders..." My latest column: www.newyorker.com/news/the-fin...newyorker.comThe Humbling of Scott BessentThirty-odd years ago, the Treasury Secretary was one of the speculators who broke the Bank of England in a famous trade. Now he’s on the other side of the markets, struggling to contain rising bond yi... 0138
Reposted by John CassidyBobby Kogan @bbkogan.bsky.social · 19/08/2026You can’t talk about debt without talking about how we got into a bad predicament, and there’s only one correct answer: tax cuts enacted this century 7234441179
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 17/08/2026$100K a month for fast access to the president's Truth Social posts? “It’s such a brazen pay-to-play scheme. Literally, you have to pay to play'" @veritasdhg.bsky.social tells me. www.newyorker.com/news/the-fin...newyorker.comA Trump Grift Too Far?A scheme to charge Wall Street traders for an early look at the President’s comments on Truth Social has generated outrage and a lawsuit. 25724
John Cassidy @johncassidysays.bsky.social · 17/08/2026$100K a month for fast access to the president's Truth Social posts? “It’s such a brazen pay-to-play scheme. Literally, you have to pay to play'" @veritasdhg.bsky.social tells me. www.newyorker.com/news/the-fin...newyorker.comA Trump Grift Too Far?A scheme to charge Wall Street traders for an early look at the President’s comments on Truth Social has generated outrage and a lawsuit. 25724
John Cassidy @johncassidysays.bsky.social · 14/08/2026In my column this week, I pointed out that rising competition and huge capex are usually a warning sign for investors. But of course this is AI, so they don't matter. 161
Reposted by John CassidyJack Mirkinson @jackmirkinson.bsky.social · 11/08/2026Today in @thenation.com: a harrowing piece written from inside the Dilley ICE detention center by Maryam Tahmasebi, a green card holder who's been locked up along with her husband and son for months despite none of them committing any crime. www.thenation.com/article/soci...thenation.comOne Woman’s Message From the Hell of ICE DetentionMy husband, son, and I have been locked up for months—despite being permanent residents with no criminal record. It is an unendurable, unending nightmare. 11835232210
John Cassidy @johncassidysays.bsky.social · 06/08/2026As I was saying the other day, Warsh's biggest challenge from a credibility perspective is demonstrating he's independent of Trump. The communications strategy stuff is important but secondary. 914031
John Cassidy @johncassidysays.bsky.social · 06/08/2026The academic turned speculator Victor Niederhoffer has died at the age of 82. He was a fascinating character. Here is a profile of him that I published in 2007. www.newyorker.com/magazine/200...newyorker.comThe Blow-up ArtistCan Victor Niederhoffer survive another market crisis? 071
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 03/08/2026My take on Kevin Warsh's credibility problem. "Unless and until Warsh convinces people (of his independence from Trump), bond traders and commentators will react skeptically to his every comment, or refusal to comment, and who can blame them?" www.newyorker.com/news/the-fin...newyorker.comThe New Fed Chair Needs to Prove His Independence from Donald TrumpKevin Warsh, the current Fed chair, has only been in office since May, but he’s already under fire. 0144
Reposted by John CassidyMic Wright @brokenbottleboy.bsky.social · 03/08/2026Fraser Nelson reckons Rod Liddle was “the greatest satirist since Swift” while Michael Gove is comparing him to not just Swift but Orwell. Amazing the comparisons you can get if you’ll pump out exactly the racist opinions even they are too squeamish to commit to print. 40463109
John Cassidy @johncassidysays.bsky.social · 03/08/2026My take on Kevin Warsh's credibility problem. "Unless and until Warsh convinces people (of his independence from Trump), bond traders and commentators will react skeptically to his every comment, or refusal to comment, and who can blame them?" www.newyorker.com/news/the-fin...newyorker.comThe New Fed Chair Needs to Prove His Independence from Donald TrumpKevin Warsh, the current Fed chair, has only been in office since May, but he’s already under fire. 0144
Reposted by John CassidyDr. Lucky Tran @luckytran.com · 02/08/2026I worked for New York’s largest medical center at the start of the pandemic. There were morgue trucks on the streets. They set up emergency medical tents in Central Park. Healthcare worker colleagues died. It is horrific that RFK Jr is on national TV lying that ICUs were empty. 22672984110341
Reposted by John CassidyJavier Asensio 🇪🇺🇺🇦 @asensiojavier.bsky.social · 02/08/2026"Burnham will now have to deal with many of the same obstacles that handicapped Starmer’s government ... : stagnant living standards; a largely hostile press; political challenges from the right and the left; a hefty budget deficit; and wary financial markets". By @johncassidysays.bsky.socialnewyorker.comCan Andy Burnham’s Manchesterism Save the U.K.’s Center Left?With a populist touch, and a focus on affordability and raising up left-behind communities, Britain’s new Prime Minister has drawn comparisons to Zohran Mamdani. 155
Reposted by John CassidyCarl Quintanilla @carlquintanilla.bsky.social · 23/07/2026“.. The deal: a Trump-branded hotel, golf and residential project inside a Saudi development helmed by the crown prince. ..!Only now is the fuller picture coming into view.” @forbes.com www.forbes.com/sites/danale... 40516285
Reposted by John CassidyElizabeth N. Saunders @profsaunders.bsky.social · 21/07/2026Can't get numb to this: The United States is stuck in a war it started, cannot end, and may further escalate to no avail, having dismantled its diplomatic apparatus, depleted its military stockpile, and destroyed its credibility. A historic strategic mistake harming millions in many different ways. 22681002174
John Cassidy @johncassidysays.bsky.social · 20/07/2026Manchesterism v Mamdani-ism "The thing that ties Mamdani and Burnham together is a focus on how you make life more affordable and dignified for households that are relentlessly squeezed,” Mathew Lawrence, director of Common Wealth, tells me. www.newyorker.com/news/the-fin...newyorker.comCan Andy Burnham’s Manchesterism Save the U.K.’s Center Left?With a populist touch, and a focus on affordability and raising up left-behind communities, Britain’s new Prime Minister has drawn comparisons to Zohran Mamdani. 021
Reposted by John CassidyDavid Roberts @volts.wtf · 14/07/2026An amazing quote from Lindsey Graham in this Atlantic story. It really captures an essential truth about politics that too few people ever really come to terms with. www.theatlantic.com/ideas/2026/0... 14353951168
John Cassidy @johncassidysays.bsky.social · 14/07/2026Sticking with this: "On Tuesday, the BLS will release the June CPI...This may well give Trump something to trumpet for a day or two, but it’s unlikely to change the mood of ordinary Americans, who want to see prices falling—not merely going up at a slower rate." www.newyorker.com/news/the-fin...newyorker.comDonald Trump’s Needless War with Iran Is His Biggest Economic BlunderAs the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar. 042
Reposted by John CassidyAaron Reichlin-Melnick @reichlinmelnick.bsky.social · 21/01/2026🚨HOLY CRAP. An ICE whistleblower just revealed a secret memo authorizing ICE officers to break into homes without a judicial warrant, which DHS's own legal training materials say is unconstitutional! ICE then hid the memo from the public, passing it along by word of mouth and private conversation. 11292690015898
Reposted by John CassidyJohn Cassidy @johncassidysays.bsky.social · 13/07/2026New column. Yes, you could argue tariffs, but they were central to his political identity and protectionist program. The war was, in his own words, a diversion. www.newyorker.com/news/the-fin...newyorker.comDonald Trump’s Needless War with Iran Is His Biggest Economic BlunderAs the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar. 0215
John Cassidy @johncassidysays.bsky.social · 13/07/2026New column. Yes, you could argue tariffs, but they were central to his political identity and protectionist program. The war was, in his own words, a diversion. www.newyorker.com/news/the-fin...newyorker.comDonald Trump’s Needless War with Iran Is His Biggest Economic BlunderAs the midterm elections approach, gas prices have started to rise again, and Trump’s poll ratings are in the cellar. 0215
John Cassidy @johncassidysays.bsky.social · 09/07/2026Truly terrible story. www.cnn.com/2026/07/09/u...cnn.comFor 35 years, a Mexican father built homes in Houston. Then a morning drive ended in tragedy | CNNThe case again raises questions about who is targeted by a nationwide immigration enforcement push the Trump administration says aims to remove dangerous criminals from the US. 163
Reposted by John CassidyJanine Gibson @janinegibson.ft.com · 08/07/2026A Brit in the semis of Wimbledon, England still in the World Cup and Nigel Farage spending the summer arguing with a bin. Oh this happy breed of men, this little world, This precious stone set in the silver sea 453032528