Downtown Josh Brown

Downtown Josh Brown


Chairman of the Twitter Federal Reserve, star of CNBC’s The Halftime Report, CEO of Ritholtz Wealth Management

1090993 followers  •  3671 follow  •    •   https://t.co/YofkVINQDf

$UBER argues that drivers are running their own businesses and using its platform to operate. They cite the flexibility contractors have to set their own hours. NJ argues that scheduling flexibility is not the test that determines whether or not someone is employed.

It should come as no surprise that $UBER made a new all-time low as this decision came down. Every one of these state / city actions will be accompanied by additional class action lawsuits on behalf of the drivers.

Something tells me this issue will eventually be decided federally, perhaps in the Supreme Court. It will be interesting to see which political factions line up on each side. The big wrinkle is that consumers love these services and they do provide an income to millions.

I’m watching Jersey Shore: Family Reunion right now, J-Woww and Angelina are swinging glass bottles at each other. What’s your morning routine?

What people are missing about the buyback hysteria

Trying to get people to pick up on your hashtag

The three reasons people lie to surveys, about everything... @michaelbatnick 

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Wealth inequality is not just a social issue, it’s potentially having a profound effect on the global economy itself - is the savings glut among people who have no need to spend what they have depressing interest rates? @awealthofcs 

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no...no way...NO WAY! NO! Yes! YEEEEESSSS!!!

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Teenagers standing up to a sea of white supremacists carrying torches. Snowflakes my ass.

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JFK took a lot of shit in the press for Bay of Pigs. Here’s what he said when asked if he still reads newspapers and magazines:

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This is so intense I stood up toward the end and started cheering

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RT if this was your living room back in the dayy

Wells Fargo just settled the fake accounts scandal, perhaps the biggest white collar crime wave in US history, with all 50 states for $575 million. Please know that if your small business had done even .0001% of this, you would already be in prison.

It only took 8 years from the Financial Crisis for us to hand the country over to real estate moguls, hedge funds and Goldman Sachs.

Iraqi hero, who served as interpreter for the US Army’s 101st Airborne Division, now held in detention at JFK

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