Joe Weisenthal

Joe Weisenthal


Co-host of 'What'd You Miss?' on BloombergTV. Editor at @markets. Fan of poker, chess, handball, country music, and Chinese food.

268796 followers  •  5982 follow  •  Central Time (US & Canada)  •  

Going to write about the Fed and inflation in the newsletter tomorrow

"Colonial Pipeline Co. told federal officials it will know by late Wednesday whether it’s safe to restart gasoline and diesel flows..."

A cryptocurrency that's literally just existed for two days already has a $45 billion valuation. And we're not talking about some little illiquid jokecoin. via @olgakharif 

Honestly, this is my candidate for the craziest story of the last year. All those Robinhood/retail traders that everyone was mocking last summer for buying Hertz vindicated with equity holders set to receive ~$8/share out of bankruptcy. Legendary stuff

There's a wide range of left/progressive economic priorities. But surprisingly few of them are "employment hawks". Hence the niche that @employamerica  has found.

HUGE new Odd Lots@tracyalloway  and I talked to @econjared , a longtime advisor to Joe Biden, who is now serving on the CEA about the White House's economic vision. We talk spending, taxes, inflation, Keynes, and why infrastructure needs to be "paid for"

I'd also be totally fine making subway masks, taxi masks, stuff like that more or less permanent.

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THREAD EXPLAINING NEGATIVE OIL: Oil costs $ to store. Due to the economic collapse, oil isn't being used much. So all the storage facilities are filled up. So nobody who can store it will buy it from you. If you want to get rid of oil, you have to pay someone. That's the thread

Absolutely staggering. The world just had its worst week ever for covid infections

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If Biden wins the nomination, a lot of Wall Streeters who said that Sanders winning would force them into reluctantly supporting Trump, will have to come up with a different reason for voting Trump.

Georgia Senator Loeffler sold shares of an online travel company just before Trump's European travel ban announcement. What's more, she had just purchased those shares 4 days earlier

1997: World's best human chess player gets destroyed by computer. 2017: World's best chess computer gets destroyed by Artificial Intelligence program that had only learned about chess a few hours earlier.

Horrific economic toll. 3.2 million initial weekly jobless claims in one week. Previous crises and recessions are barely a blip on this chart.

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A professor who is considered to be the foremost expert on money laundering -- he literally wrote the textbook on it -- has been charged with money laundering and faces 20 years in prison

Goldman predicts that over 2 million people are going to file for unemployment benefits this week. You can barely see the 2008 crisis on this chart!

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