Matt Phillips

@scottlincicome Toyota’s biggest factory in the world is in Kentucky.

More than 150k Americans work at these factories across 13 US states

@Birdyword Dude, don’t jinx it.

There is no more countercyclical career than financial journalism. The ultimate hedge.

@Ritholtz The market’s Cronkite?

When you lose Tom Lee, you have really lost Wall Street...

@M_C_Klein I heard of no person making such a bet. If I had I would have taken the other side!

Pour one out for everyone who bet on Bessent's moderating influence

Cord-cutters spent a few years in relatively ad-free paradise, but that's coming to an end as streaming platforms shoehorn in more and more commercials. @jonkeegan crunched the numbers to find out which services give you the most (and least) bang for your buck. Link below:

Worst day ever for Idaho in stock market history.

Elon Musk is using the sheer force of his will and wealth to reshape an area in the Lone Star State — whether the locals like it or not. Link to full story below ⬇️

@maxabelson Dude, congrats.

Yesterday was Liza's birthday, tomorrow is mine, and a month ago we got married. Fave to bless your timeline

Highly, highly recommend wearing matching wolf shirts with your absolute boys and discussing financial markets.

@murphymike @HacksOnTap Sir, huge fan. But on the topic of Anglo-American relations, I’ve heard you TWICE misspeak on something close to my heart. It was not Churchill who said, “When the facts change I change my mind,” it’s usually attributed to Keynes, though he likely didn’t say it either!

A great mention of our @HacksOnTap podcast in the Times! No, not that cheeky young upstart in NYC, the REAL Times! In London! Since 1785! Covering the Empire, and now, the Best Pods to Understand American Politics. Thank you Sirs! We are honored! thetimes.com/culture/tv-rad…

@Claudia_Sahm Huge fan, but it seems to me the US didn’t fall into a recession because fiscal side pumped in trillions of dollars in, as the Fed was tightening not unlike Volcker in the early 1980s. Absent massive prolonged deficit spending, economy would have tanked. What say you?

Jay is 🐐without a doubt. Sorry, Paul.

@TimFernholz This was a great piece man!

Excited to share a story I've been working on for a while now, about the mystery behind the largest US estate tax payment in modern times—and we might just have solved it: sherwood.news/power/who-died…

@EdwardGLuce This is exactly right. But even talking about America First — which is at least a coherent ideological position — underplays what a delusional nut Ford was. Antisemitism, reincarnation, I’m mean he made the Model T, but he was certifiable. See the Times story below ...

"Elon Musk is the Henry Ford of the 2024 election. The plutocratic automaker backed Lindbergh’s America First movement in the build up to WWII. America now faces another gathering storm." My column (first 300 free to read). on.ft.com/4eWGmi7

@johnauthers I wonder if this is driven in some way by the Kalshi decision opening up more electoral betting in the states.

Ahem...A bit early. But not a bad call, if I do say myself.

Final Boss is a new Q&A series where we sit down with the chief executives leading some of America’s most interesting companies. First up is @LuisvonAhn and Duolingo: sherwood.news/business/duoli…

We mapped out all the AI companies that the CIA has invested in over on our site—check it out: sherwood.news/business/ai-co…

The Federal Reserve cut rates by 50 bps. The median projection has two more 25 bps rate cuts in 2024, for a total of 100 bps this year. Fed governor Miki Bowman dissented in favor of a smaller 25 bps cut. It's the first dissent by a *governor* since 2005.

Media and tech companies poured hundreds of millions of dollars into Hollywood as they built shiny new streaming services. Now that the tide has receded, film and TV workers are left behind: sherwood.news/business/holly…

@murphymike @MeetThePress Huge fan! Good luck!

On a quick personal note I want to thank NBC News/MSNBC, my cable pundit employer, for many years of good times. Ever since Tim Russert started putting me on @MeetThePress it’s been a gas! But I’ve decided it’s time for me to pollute the airwaves on a wider assortment of channels so I decided to end my contract this week. The network was incredibly gracious and I am grateful. See you on the cable box, the pod speaker, and YouTube going forward!