@DukeStJournal (@DukeStJournal) header
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I've got a job, a secretary, a mother, two ex-wives, and several bartenders that depend upon me, and I think Teddy Roosevelt is looking at me funny.

Not quite there yet.
Joined August 2008
Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)Photo by @DukeStJournal (@DukeStJournal)
@DukeStJournal retweeted
Congrats, brewers
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@DukeStJournal retweeted
For Ueck! The Champs!
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@DukeStJournal retweeted
see how easy that is?
NEWS: Las Vegas #Raiders owner Mark Davis has taken a strong stance against signing players with histories of domestic violence. Davis has publicly maintained a ZERO-TOLERANCE approach toward domestic abuse, even if it means passing on talented players. “We have zero tolerance.” His stance is deeply personal, stemming from the tragic murder of Raiders legend Fred Biletnikoff’s daughter, Tracey, by her boyfriend in 1999. Davis has emphasized that domestic violence has no place in the Raiders organization.
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@DukeStJournal retweeted
"Can I say one thing? RIP Stacey King who we lost recently. A person I knew when I was in high school here. He supported our team…his kids went to Stevenson. Just to see him not here today…My thoughts & prayers are with him & his family. We miss him" – Jalen Brunson in Chicago
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@DukeStJournal retweeted
Staggering.
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Over a century ago, thousands of Italian families arrived on the shores of New York City searching for a better life. Sicilians moved onto Elizabeth Street and Neapolitans laid down roots on Mulberry. Calabrians made homes on East 109th and their Baresi neighbors did the same on 112th. Even as they were told they were too foreign, too different, too working class, Italian New Yorkers made their mark on this great city --  from Mother Cabrini, to Fiorello LaGuardia, to Martin Scorsese, and countless more. That history of greatness is felt in every neighborhood across every borough, and it was an honor to celebrate it at Gracie Mansion last night.
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@DukeStJournal retweeted
Scoop from @nancyayoussef This means the Joint Staff that serves the Chairman of the Joint Chiefs General Dan Caine is without its chief planner on the eve of possible resumption of strikes against Iran. It is the 2nd General serving in the Pentagon’s top planning role (J-5) that has been fired/forced out by Hegseth.
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@DukeStJournal retweeted
I am old enough to remember when ARM's could only pop 2% a year no matter how much rates rose...
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@DukeStJournal retweeted
Cutting the number of live meetings ultimately means sacrificing one kind of interest rate volatility for another At best, it will have no real effect. At worst, will lead to more abrupt and lagging policy Small "c" conservative case for just sticking to historical practice
Lowering the # of "live" Fed meetings per year means the Fed is either: 1. Liable to fall further behind the curve b/c it will move too slow, or 2. Gonna have to be more open to 50bp+ moves than before This comes as the Fed intentionally guided hikes to a slower quarterly pace
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@DukeStJournal retweeted
Three months of articles on how El-Sayed still needs to consolidate Jewish voters, so naturally it’s time to send in the GOP’s closer
Moreno says El-Sayed can’t be a senator because he doesn’t understand that Jesus came here for our salvation.
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Is this about congestion pricing?
Kathy Hochul is an evil woman. The Democratic Party should forfeit her seat because even if she wins, she will be of great consequence to them. Downward spiral for her. She will not escape God’s wrath. She did not denounce evil when she had the chance.
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@DukeStJournal retweeted
Lowering the # of "live" Fed meetings per year means the Fed is either: 1. Liable to fall further behind the curve b/c it will move too slow, or 2. Gonna have to be more open to 50bp+ moves than before This comes as the Fed intentionally guided hikes to a slower quarterly pace
Warsh: The Fed will have 8 meetings as scheduled in 2027, but one won't have a vote on monetary policy settings and instead focus on strategy. In 2028, two of the 8 meetings will be devoted to policy strategy. Those meetings won't be "live."
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"I am not a Wall Street Newsletter." Correct. Most of these have a view and conclusion.
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@DukeStJournal retweeted
Aaaaaand he implied that he popped the AI bubble with one hike.
Replying to @lebas_janney
Took a victory lap implying one hike tightened financial conditions and made capital allocators more disciplined. 🙄
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@DukeStJournal retweeted
More time for “big thoughts “ at the Fed. Wonder why that excludes decision making.
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In 2028, we might not have the luxury of doing "strategy only" meetings.
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@DukeStJournal retweeted
“We also need time for strategic deliberations” Okay then just meet more.
Damn, Warsh is killing one interest rate decision in 2027 and two in 2028.
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Ultimately, the Fed call is conditional on the outlook for inflation and economic growth. The Fed refers to growth as "strong" and inflation as "elevated." That combination will ultimately degrade to additional rate hikes.
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@DukeStJournal retweeted
Fed officials waiting for "the accumulation of more information"
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@DukeStJournal retweeted
"Economic activity is expanding at a strong pace...inflation remains elevated" and the policy move is...thoughts and prayers
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