If official macro data were better (as you discussed in last month's podcast) I honestly think the Biden presidency would be in better shape. How many of the current problems can be attributed to the Fed, or the Biden administration, not having the opportunity to be nimble because they're looking at data that is itself not market-based and, given their backgrounds, they don't know how to compensate. So they rely on official data-manually collected, sparse, and often not transaction based.
Seems a bit naive to look at a few polls and assume that is an indication of the country en mass. I invite you to go to small town America and get to know the “board of directors” rather than to complain from the luxury suite.
I agree 100%. It’s not too late for Biden to save his his presidency, but if he doesn’t get the right people into the right positions, the history books are not going to be kind to his legacy.
If official macro data were better (as you discussed in last month's podcast) I honestly think the Biden presidency would be in better shape. How many of the current problems can be attributed to the Fed, or the Biden administration, not having the opportunity to be nimble because they're looking at data that is itself not market-based and, given their backgrounds, they don't know how to compensate. So they rely on official data-manually collected, sparse, and often not transaction based.
I was told to come here and post about something called spacs
Seems a bit naive to look at a few polls and assume that is an indication of the country en mass. I invite you to go to small town America and get to know the “board of directors” rather than to complain from the luxury suite.
Welcome to Substack!
Here's an article I published on you and David Sacks discussing Sri Lanka's fertilizer blunder:
https://kanekoa.substack.com/p/sri-lankas-green-new-deal-brings
I look forward to reading more of your writing on here.
I agree 100%. It’s not too late for Biden to save his his presidency, but if he doesn’t get the right people into the right positions, the history books are not going to be kind to his legacy.
Thank you!