Michael S. Derby

Michael S. Derby


Wall Street Journal Fed reporter. Guitar music holdout, oriented toward the low end. Tweets/retweets interesting, newsworthy, no endorsement. DMs open.

11033 followers  •  1438 follow  •    •   https://t.co/GhhR6PLfem

So why are we all talking about Fed officials' securities trading? This is why.

The Fed's "soft" floor for short-term rates has a hole in it.

"Green" crypto mining is cool and all, but doesn't it just take up renewable production capacity better devoted to something beyond creating speculative assets?

Fed announces new rules for officials’ financial trading. “As a result of the new policies, senior Federal Reserve officials will be limited to purchasing diversified investment vehicles, like mutual funds.” Here are the details.

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NPR on AM radio is a whole different vibe.

The Fed's newest governor offers an uncomfortable truth about the central bank's massive balance sheet: “We have no economic theory of how large the central bank’s balance sheet should be. I’ve never seen it."

For all of you new to Dune, just remember that the folks who are the good guys now end up being magnitudes worse than what they replace, unleashing a galactic jihad and thousands of years of tyranny. Hope they keep making the movies!

“Though Smith had never expressed interest in conspiracy theories, in just two days Facebook was recommending she join groups dedicated to QAnon.”

Happy 30th birthday to Matthew Sweet’s Girlfriend. Truly top tier power pop.

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Goldman Sachs warns data point to a historic and frankly apocalyptic surge in unemployment insurance claims, from current 281,000 to 2,250,000 in next week’s report. Yes you read that right.

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New site features pictures of the faces of thousands of insurrectionists who attacked the capital, scrubbed from video. Site creator: "Everybody who is participating in this violence, what really amounts to an insurrection, should be held accountable."

Christopher Plummer had a lot of great roles, but I'm particularly fond of his General Chang, his Klingon from Star Trek VI: The Undiscovered Country.

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“Mr. Sweet is a man who dipped his toe in the pool of wild and false conspiracies during the Barack Obama administration...wallowing in resentment and anger that others can’t see how the elites are scheming to destroy America the way he can.”

US police and public officials donated to Kyle Rittenhouse, data breach reveals - The Guardian

Took two nights but I enjoyed the hell out of Justice League.

And while linked in story, here's a shot of Dallas Fed Kaplan's trading activity last year.

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The view from a man Trump bestowed a Medal of Freedom on.

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