James A. Kostohryz (@jameskostohryz )

James A. Kostohryz

Bio Global Investment Strategist. This account is primarily focused on investment strategy and economics.
Tweets 9,7K
Followers 1,6K
Following 913
Account created 03-08-2011 19:19:37
ID 348028734

Twitter Web App : McConnell indicates the Senate will be on recess through August unless there’s stimulus deal that would require senators to return. He notes it would require unanimous consent to change the schedule and vote during August. House is already on recess. 24 hours notice for any vote

Twitter Web App : In reality the coronavirus death toll is much worse than the official numbers suggest. At least 200,000 more Americans have died since March than in a normal year. nytimes.com/interactive/20…

Twitter Web App : Proposal for resolving the political impasse on UI benefits: Gradually reduce the enhanced benefit from $600 per week by $20 each week for 30 weeks. Gives labor market time to recover & supports wages & well-being of lower income folks. Nancy Pelosi Steven Mnuchin

Twitter Web App : Nancy Pelosi only needs keep saying this and wait for the stock market to drop 10%+. (It would only take 2-3 weeks, at most, for this to happen.) Trump will soon order his team to cave in to all demands. twitter.com/DeItaOne/statu…

Twitter Web App : Two things about inflation: 1) It will be very hard for the Fed to create just the "right amount" of inflation with the blunt tools it has. 2) Once the inflation expectations genie is out of the bottle, it is VERY hard to put it back in.


Twitter Web App : NEW: China's Jingzhou city says woman who recovered from coronavirus months ago has tested positive after falling ill again

Twitter Web App : Investors should be pretty happy that Joe Biden picked Kamala Harris. She is, at least, professionally competent and not ideologically radical. And given that Biden is quite likely not going to be able to finish his term due to dementia, this is pretty important.

Twitter Web App : Contrary to popular opinion, Democrats Nancy Pelosi Chuck Schumer have the upper hand in the stimulus standoff with #Trump. A falling stock market will, within 2 weeks, will bring Trump to his knees begging for deal on any terms the Democrats please.

Twitter Web App : They are right, but this will not happen and a higher economic price will ultimately be paid compared to a lockdown. nytimes.com/2020/08/07/opi…

Twitter Web App : Stimulus talks are indefinitely stalled and it appears markets are pricing in the belief that all will be OK as bond yields are rising and cyclical stocks are rallying.

Twitter Web App : Lawmakers have left town and Trump aides don’t expect new stimulus talks anytime soon. That leaves the U.S. economy without much of the government aid that had been propping it up. politico.com/news/2020/08/1…

Twitter Web App : There are now less than 3,000 listed stocks in the US.

There are over 7,000 ETFs

Twitter Web App : Wall Street: I’m not sure if you can hear me over the nonsense your consultants spew to you, but the capitol is empty.

If you are paying someone who is telling you there will be a bill this week then fire them immediately. twitter.com/JakeSherman/st…