Kelly Evans

@Noahpinion this is so, so good and i could have written the same mea culpa although i remain skeptical that AI will help. working on being cronkite ;)

When we see older adults spending hours each day scrolling through social media after retirement, the temptation is to call it a harmless habit or even a sign of healthy adaptation. I want to gently push back on that, because I think it deserves much more careful attention than that framing allows. Retirement is not simply a lifestyle change. In fact for many people it’s a profound loss and sometimes a cascade of losses arriving all at once. The work role disappears, daily structure dissolves, colleagues drift away, spouses become ill or die and physical mobility declines. The core psychological capacities that kept a person functioning, their ability to regulate self-esteem, to sustain meaningful relationships, to find purpose, to tolerate grief, are now under enormous strain. What social media offers in that context is not connection in any deep sense. It offers the appearance of connection at very low psychological cost. Quick validation, a glimpse of a grandchild’s photograph, a comment thread that creates the feeling of being seen without requiring the vulnerability of actually being known. In moderation that may provide some genuine comfort. But when it becomes the primary way someone organizes their emotional life, we need to ask what it is protecting them from. Very often it is protecting them from mourning, from sitting with the losses, the diminishments, the fear of death and irrelevance that late life asks every one of us to face. The scrolling becomes a kind of defense, and like most defenses it works just well enough to prevent the deeper work from happening. What makes this genuinely heartbreaking, rather than simply a technology problem, is that the culture surrounding these older adults has largely stopped offering real alternatives. Human beings evolved in conditions of tight, embodied, intergenerational community that is not a romantic notion but a biological reality, and the data on loneliness in late life confirms it. Retirement removes the last built-in social infrastructure most people have, and contemporary life has quietly dismantled most of what used to replace it. Adult children live across the country. Neighborhoods no longer integrate their elders. Religious and civic communities have thinned. And into that void steps a technology designed, with considerable sophistication, to exploit the psychological needs that have been left unmet, the need for belonging, for status, for the feeling that one still matters. The family members who worry that their elderly parent seems addicted to their phone are not wrong to worry, but the phone is not really the problem. The phone is where you end up when everything else has been taken away and no one has helped you grieve what you have lost or rebuild what a meaningful life might look like now. Good therapeutic work with older adults does not lecture them about screen time. It goes underneath, into the attachment wounds that retirement has reopened, the identity questions that were never fully resolved, the grief that has been accumulating for years. That is slow, careful, relational work. It is the kind of work that actually restores someone to themselves, rather than simply managing their symptoms until the end.​​​​​​​​​​​​​​​​ forgive me if I went on a rant.

@FaceplantJim @CNBCTheExchange cc @ntengler

@CNBCTheExchange @KellyCNBC Nancy of TGLR is ALAWAYS outstanding. Outstanding!

The Iwo Jima analogy I mentioned just now, courtesy of Capital Alpha Partners. As Michael O'Hanlon of Brookings said when asked about seizing Kharg Island, "that's a daunting task."

@dee_bosa Kicked out?! 😆

my Taiwanese immigrant mom begged, borrowed and stole to send her 4 kids to private school. All 4 of us got kicked out but she'd do it again tomorrow.

Does eliminating quarterly results amount to surrender?

Why are there fewer public co's?

NEWSLETTER: The fight between public and private.

A very well-written, very justifiably angry parental reflection on edtech:

@GZuckerman i don't think it's the macro...

So there's panic in private credit...but high-yield spreads remain at 300 bps, near multi-year lows? Someone must be misreading the economy, no?

@MikeAmmo is that a strategy reference?

@KellyCNBC why would anyone buy tax free muni bonds when they can buy STRC and get better yield?

We can see a clear refund effect from OB3 in the filing season data, and it aligns closely to analyst expectations. As of the 4th reporting week, total amount refunded to taxpayers was up $12 billion or 9.4% compared to 2025, and average tax refund size was up $360 or 10.6%.

This is not the right way to look at tax refunds (FYTD). They are coming in as expected when we look at data for the filing season (after Jan 26). Refunds are up $13bn, nonwithheld payments down $12bn, and OBBBA beneficiaries file now, not in Jan/Feb x.com/KellyCNBC/stat…

Oh.

🫠😱🫠 “Parents across the country have lodged complaints about children playing board games virtually or watching someone on YouTube read a book to a class, instead of their teacher doing it.” nytimes.com/2026/03/10/nyr…

@ScavengerCap first

@KellyCNBC IRAN HAS THREATENED TO STRIKE THE U.S. WEST COAST WITH OFFENSIVE DRONES IN RETALIATION FOR AMERICAN MILITARY OPERATIONS, ACCORDING TO AN FBI WARNING ISSUED TO CALIFORNIA POLICE DEPARTMENTS, ABC NEWS REPORTS. $SPY

Carlyle's Jeff Currie says if oil prices went up to $120/barrel and stayed there, the US deficit would increase by $150B. cc:@KellyCNBC cnb.cx/40sk1nA

@Globalmess65 u r a classier person than me...

@KellyCNBC Lindt dark with Orange............ just a square every night to kill that craving. I actually grate it on top in stead of powder cocoa when I make my Tiramisu.

@TomBrune5 winner :)

@KellyCNBC amazon

@binarybits It definitely ate education. :(

People are responding to this by saying software actually did eat the world — see Uber and Airbnb. But those companies already existed when Andreessen wrote his essay. His prediction was that it would happen to other industries like health care and education. It mostly didn't.