Latest news with #JohnAuthers
Bloomberg
7 days ago
- Science
- Bloomberg
The Cat, the Chairman, and the TACO
To get John Authers' newsletter delivered directly to your inbox, sign up here. Schrödinger's Cat won't go away. The famous metaphysical thought experiment keeps coming up in the market. In the conundrum, a cat is in a box with a vial of poison. There is a 50% chance that the poison will be released and the cat will die. While it's in the box and we cannot see it, it is both alive and dead.
Bloomberg
16-07-2025
- Business
- Bloomberg
Never Fully Beaten, Inflation Is Coming Back to Life
To get John Authers' newsletter delivered directly to your inbox, sign up here. With new higher tariffs now in force for three months, there was one question that the June consumer price index numbers needed to answer: Are tariffs at last beginning to push up inflation? The answer is an unsatisfying 'probably.' Much remains unclear, and there is plenty to argue about, but the data taken in the large make it impossible for the Federal Reserve to cut rates without a clear improvement.
Bloomberg
15-07-2025
- Business
- Bloomberg
Bitcoin Flourishes as the Ancien Régime Falls
To get John Authers' newsletter delivered directly to your inbox, sign up here. Bitcoin's latest charge is very much understandable. Regime change is in its favor. It owes much to the steady advance through Congress of the proposed Guiding and Establishing National Innovation for US Stablecoins Act (known as the GENIUS Act because Washington loves its acronyms) as lawmakers strive to make the US the world's 'crypto capital.'
Bloomberg
14-07-2025
- Business
- Bloomberg
All the President's Men Are Coming After Powell
To get John Authers' newsletter delivered directly to your inbox, sign up here. Search for the word 'Powell' on X, as Twitter is now known, and you will swiftly conclude that the chairman of the Federal Reserve is about to resign, before he's fired. The financial markets, and even the prediction markets, still find this a remote possibility. Which should we take seriously?
Bloomberg
08-07-2025
- Business
- Bloomberg
Your Tariffs Are in the Mail, Sealed With a Diss
Save To get John Authers' newsletter delivered directly to your inbox, sign up here. TACO Tuesday may never come. The conclusion of the three-month pause in the swingeing 'reciprocal' tariffs announced on April 2 may not see the expected fireworks after a (not-so) Manic Monday, in which the US kicked the can down the road until Aug. 1. Tariffs are unchanged until then. A Freaky Friday, in the middle of the summer doldrums, awaits.
