iiinova — where your digital self keeps evolving

Steve Matthews @stevematthews12.bsky.social · 13/10/2026

I think there is a financial literacy issue. Some people may hold back on spending because they don’t understand how much they have or how long it will last. From a risk management perspective, having more set aside makes sense too. I don’t agree at all with the author’s reasoning for annuities.

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Steve Matthews @stevematthews12.bsky.social · 08/10/2026

I think we will shift back to some immigration increase annually which will keep the population growing slowly. Maybe this won't happen until after Trump term ends, but seems inevitable.

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Steve Matthews @stevematthews12.bsky.social · 06/10/2026

There are lots of robots doing dangerous work and working in factories. The humanoid robots have amazing capabilities.

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Steve Matthews @stevematthews12.bsky.social · 05/10/2026

AutoZone? Seems like parts for used cars should be doing ok.

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Carl Quintanilla @carlquintanilla.bsky.social · 22/09/2026

(Bloomberg) - Kroger Co. has stopped selling Red Bull and Boar’s Head products at many stores because the grocery chain isn’t accepting their price hikes. @bloomberg.com $KR www.bloomberg.com/news/article...

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Steve Matthews @stevematthews12.bsky.social · 19/09/2026

They are evidently not big college football fans. Alice Walton funded the Crystal Bridges museum, an extraordinary art museum in Bentonville. And John Tyson brought Calipari to Arkansas. But no big donors have stepped up on football.

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Steve Matthews @stevematthews12.bsky.social · 08/09/2026

Keisha’s staff is not great if they are not pushing their message during college football games.

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Steve Matthews @stevematthews12.bsky.social · 27/08/2026

Would add Jane Fonda and Elton to the names already mentioned.

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Julia Coronado @jc-econ.bsky.social · 26/08/2026

Dolly shows that ambition, intelligence and love of craft are not in conflict with humanity, generosity and love of community, let alone joy and fun…if only the modern cohort of business leaders felt the same…💔

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Steve Matthews @stevematthews12.bsky.social · 25/08/2026

It’s AI intended to generate engagement, not real.

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Steve Matthews @stevematthews12.bsky.social · 20/08/2026

The Fed’s move away from transparency continues.

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Steve Matthews @stevematthews12.bsky.social · 20/08/2026

British would be preferable to Russian.

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Steve Matthews @stevematthews12.bsky.social · 20/08/2026

Congratulations! Great news for public policy at a local level.

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Steve Matthews @stevematthews12.bsky.social · 07/08/2026

The Fed board also interviews Fed presidents and can suggest to bank boards candidates such as for the Atlanta Fed president’s opening. A chairman who flexes his muscles can very much influence the Fed bank presidents.

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Steve Matthews @stevematthews12.bsky.social · 07/08/2026

The Fed sets communication guidelines. He would need to get the board and/or FOMC to approve any formal changes —though a chair can make his views known … Fed presidents are reviewed and can be called on the carpet if they say something the chairman thinks is inappropriate.

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Steve Matthews @stevematthews12.bsky.social · 07/08/2026

I bet Warsh might put some limits on how much Fed presidents talk and exactly what they can say — it’s just a matter of how restrictive he wants to be and how much pushback he gets. I think Warsh would prefer less news from Fed officials speaking out.

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Steve Matthews @stevematthews12.bsky.social · 07/08/2026

What if the Warsh communications task force recommends that, in line with the chairman’s preferences, Fed presidents and governors stop talking about their view of future monetary policy? Would something like this fly? Seems like Warsh would likely prefer less Fedspeak.

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Steve Matthews @stevematthews12.bsky.social · 05/08/2026

Really dumb. Nick is a great reporter and everyone at the Fed and who follows the Fed is very much aware of that.

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Steve Matthews @stevematthews12.bsky.social · 05/08/2026

Nick is a terrific reporter on the Fed beat, really a bizarre misstep to be going after him.

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Steve Matthews @stevematthews12.bsky.social · 31/07/2026

In 5 years when FOMC transcripts are released, the most fascinating question will be how Powell outlined his views on the economy and on monetary policy, and how deferential the commmitte was to him and he to Warsh.

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Steve Matthews @stevematthews12.bsky.social · 31/07/2026

If Warsh is going to stick to his not-explaining-policy strategy, his communications committee is going to have to rein in speeches and interviews by Fed governors and presidents almost entirely. It’s really hard to see that happening after decades of transparency.

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Steve Matthews @stevematthews12.bsky.social · 31/07/2026

I wondered to what extent Trump watches the Fed press conferences or hears about them from political loyalists. Some of Warsh’s implied ripping of the Powell Fed came across as aimed at Trump. That’s not a way to win friends with the rest of the FOMC, though.

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Tony Yates @t0nyyates.bsky.social · 30/07/2026

👇

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Michael Derby @michaelsderby.bsky.social · 30/07/2026

J.P. Morgan’s Feroli on Fed chair Warsh’s presser: “It's hard to know what to make of Warsh’s remarks, which involved a lot of well-turned phrases but little in the way of a coherent macro view.”

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Steve Matthews @stevematthews12.bsky.social · 29/07/2026

There was a strongly implied criticism of Powell -- the idea was that the new team is on the ball and can get things done, not like the lazy guys who screwed up before I came in eight weeks ago.. I wonder how that went over with the FOMC and the staff.

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Steve Matthews @stevematthews12.bsky.social · 23/07/2026

It’s a ludicrous justification. There are bank failures under basically every Fed regulatory group—and SVB, while bad, pales in comparison to some past failures like during the Great Financial Crisis.

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Steve Matthews @stevematthews12.bsky.social · 23/07/2026

Trump officials, rebuffed over the effort to fire one Fed governor, are looking at the possibility of trying to oust Michael Barr, another Democrat on the theoretically independent board. www.bloomberg.com/news/article...

bloomberg.com

Trump Allies Eye SVB Review as New Path to Oust a Fed Governor

As President Donald Trump seeks more sway over the Federal Reserve, an external review of the 2023 failure of Silicon Valley Bank is turning into a high-stakes political fight.

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Steve Matthews @stevematthews12.bsky.social · 22/07/2026

100% endorse. Funniest movie I have seen in years. It’s been overshadowed by The Odyssey, but it’s terrific.

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Mayor Zohran Kwame Mamdani @mayor.nyc.gov · 21/07/2026

NYC’s small business owners have said it over and over: endless paperwork and uncertainty has made getting their stores up and running too difficult. So we’re cutting red tape, eliminating redundant permits (did you know you need a permit just to serve some ice cream?), and speeding up inspections.

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Will Stancil @whstancil.bsky.social · 20/07/2026

There are TWO sets of measures. The first: a massive apparatus collecting vast quantities of data about hundreds of concrete, observable trends in the economy, finetuned over decades by thousands of experts. The second: polls about sentiment. Which one is more likely going haywire, do you think?

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Steve Matthews @stevematthews12.bsky.social · 21/07/2026

Absolutely. If you know what you are doing on the BLS site or bother to email them, you can get what milk co add t 5 years ago vs today among many other details.

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Steve Matthews @stevematthews12.bsky.social · 03/07/2026

A number of Wall Street firms are predicting interest rate hikes later this year. In light of the White House’s current maneuvering, it would make you very skeptical of any Fed tightening action anytime soon.

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Steve Matthews @stevematthews12.bsky.social · 03/07/2026

Kevin Warsh’s first press conference was widely seen as hawkish. But was it? With the White House maneuvering to fire Fed governors and choose presidents, it’s clear they view Warsh as a reliable ally once they replace enough voters with WH allies.

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Steve Matthews @stevematthews12.bsky.social · 03/07/2026

The Supreme Court decision backing Lisa Cook from being fired, for now, was a victory for central bank independence. But it hasn’t stopped the Trump White House from its continued goal of controlling the Fed and interest rates.

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Steve Matthews @stevematthews12.bsky.social · 03/07/2026

The Atlanta Fed board has chosen some very able people in the past —Dennis Lockhart and Raphael Bostic most recently—and you would hope the board refuses to cave into political pressure to hire an unqualified Trump lackey.

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Steve Matthews @stevematthews12.bsky.social · 03/07/2026

The Trump administration is trying to install its own person as chief of the Atlanta Fed. This is contrary to the Congressional design of the Fed banks a century ago where the goal was for the banks to be a counter to Washington politics and Wall Street. www.bloomberg.com/news/article...

bloomberg.com

Trump Allies Double Down on Efforts to Reshape Federal Reserve

President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook.

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Steve Matthews @stevematthews12.bsky.social · 27/06/2026

I’m pulling for Morocco after being surrounded by huge numbers of their fans at their comeback win vs Haiti. Shocked by how many Morocco supporters made the trip to Atlanta.

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Steve Matthews @stevematthews12.bsky.social · 20/06/2026

To Warsh’s credit, at least for now people are arguing over his monetary policy tactics not central bank independence. No one is taking him as a Trump lackey not trying to do the best to achieve Fed mandates. Given his and Trump’s history, that’s a significant plus.

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Steve Matthews @stevematthews12.bsky.social · 20/06/2026

It’s true that virtually every Fed chief in recent decades has made communication gaffes near the start of his or her term. But an occasional miscommunication is preferable to no transparency at all.

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Steve Matthews @stevematthews12.bsky.social · 20/06/2026

The no-transparency idea isn’t likely to last if and when markets get volatile in a misunderstanding of economic fundamentals and the Fed’s reaction function. There will just be too much pressure to set things straight.

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Steve Matthews @stevematthews12.bsky.social · 20/06/2026

The reason for Fed transparency is the central bank doesn’t want markets to misunderstand the Fed’s intentions and cause unnecessary volatility in the real economy—like the Bernanke taper tantrum, which was reversed over time.

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Steve Matthews @stevematthews12.bsky.social · 21/05/2026

All of Minneapolis should get the money and especially the families of those who were murdered by ICE.

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Steve Matthews @stevematthews12.bsky.social · 19/05/2026

Lots of folks I know and random people in line at the polling location I voted at were very familiar with the Supreme Court races. My guess is the Democrats have succeeded in getting attention for the race and should win them both.

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Steve Matthews @stevematthews12.bsky.social · 19/05/2026

You should tax income or consumption, not wealth.

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Steve Matthews @stevematthews12.bsky.social · 16/05/2026

I think the more legitimate criticism is that the forward guidance and QE, which had to be wound down first, kept the Fed from moving aggressively against inflation as fast as it should have. Without the guidance, the Fed would have been able to change course faster.

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Steve Liesman @steveliesman.bsky.social · 15/05/2026

I get that the ex-post inflation numbers say Powell should have reversed course sooner… “after the pandemic.” But many forget when the pandemic ended. There were a frightening number of covid deaths, almost rivaling the initial peak, from Oct to mar 22, exactly when Powell was supposed to tighten

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Steve Matthews @stevematthews12.bsky.social · 15/05/2026

About a 45-minute wait to vote on the last day of early voting in Atlanta. Much longer line than I have ever seen for early voting. Atlanta is eager to participate in democracy!

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Steve Matthews @stevematthews12.bsky.social · 09/05/2026

Definitely need to prosecute everyone involved for corruption… and there needs to be a constitutional amendment to remove immunity for presidents from actions while president, which would be broadly popular.

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Steve Matthews @stevematthews12.bsky.social · 01/05/2026

It’s up to Congress and even with a Democratic majority it’s not going to happen “first thing” and the president will be focusing on moves he can actually accomplish right away.

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Steve Matthews @stevematthews12.bsky.social · 01/05/2026

Trying for the worst playoff loss in Hawks history.

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