Some of my favourite authors/journalists/institutional giants I like to read as regularly as I can:

• Matt Levine – Money Stuff
• John Authers – Points of Return
• Jason Leopold – FOIA Files
• Goldman Sachs – Briefings
• Michael Cembalest – Eye on the Market

What else should I add to this list? Recommendations are always welcome.

What I think of T2.0:

Trump Admin wants to decrease trade deficit by tariffs, currency depreciation & lowering the stock market to force companies to bring back manufacturing. This doesn't account for the large service surplus. But even with that, the US is at a 500B deficit in goods.

That is probably because of an expensive dollar, expensive cost of living (COL), which drives even more imports. This created an economy tilted toward services, intellectual property (IP), and rent extraction — not production. It’s a policy failure at large, and a lack of corporate profits coming back to the US.

If the Fed were to deliver a metric of monthly changes, like Manufacturing Orders, but in the services world, it would show the strength and maybe a pivot in a way that can sustain its economy. This might even help design tax policies or other policies at large.