Reilly White

March 2026 was *by far* the hottest in New Mexico's recorded history - 4.4º warmer than the previous record. The statewide average March temperature has never been above 51.2º and this year was 55.6º. It also tied for the 2nd driest March on record. #NMwx

I say this every year, but I’m starting to think the Cleveland Browns aren’t going to win this.

In the last 20 years, the share of tenured Harvard professors who keep working after they turn 74 has increased from 3% to 43%, according to the Crimson. (via @StefanFSchubert's fantastic newsletter)

New paper: US tariffs on Chinese solar panels caused 1) Chinese firms to relocate production to countries not subject to the tariffs; 2) higher solar panel prices in the US; 3) a decline in employment & wages in the US solar industry;. & 4) net US welfare losses cepr.org/voxeu/columns/…

One year (and 191 counties) later, I’m up to 2,028 counties visited - only 1,116 left!

Such an impressive paper

I have always loved working with the smartest people from all over the world. they came to work for American companies, bringing energy and ideas. they become American. their children are born American. they fuel our economic engine and make America great

The world is indeed full of peril, and in it there are many dark places; but still there is much that is fair, and though in all lands love is now mingled with grief, it grows perhaps the greater. —- J.R.R. Tolkien

If you are looking for a primer on leveraged finance, restructuring or credit investing concepts, this thread is for you Few fantastic slides from an old leveraged finance handbook by Bear Stearns 🧵 1/ Introduction to leveraged finance

Here in Rancho Viejo south of Santa Fe, we’ve gotten 3.38” of rain in the last 48 hours - a full third of our average yearly rainfall! #nmwx We’ve got only 4.28” so far this year (making this 79% of our total so far).

I asked ChatGPT to invent a panel of entirely fictional New Mexico legislators, and it did not disappoint:

Share of hardship withdrawals in 2024 was 4.8%, more than double 2019’s share of 2.3% ⁦@Vanguard_Group⁩ ⁦@DataArbor⁩

Goldman Sachs’ research department publishing these two headlines 73 minutes apart lmao

NEW from me: The tariffs imposed on Mexico, Canada, and China today represent the largest trade restriction in modern US history, with the potential to cause massive economic harm. This is Trump's blockade of America apricitas.io/p/trumps-block…

One issue with basing a currency system on gold is that there really isn’t enough of it to go around. Source: shorturl.at/TsRod

What Phills investors with dread

Jevons’ Paradox: making something more efficient increases its overall use instead of reducing it. Hypothetical example: if Fuel-efficient cars lower costs per mile, people drive more—canceling out the savings. economist.com/finance-and-ec…

This recent Eggflation has made consumers shell out more for eggs (and under the yolk of scrambled budgets.)

I just turned 40 recently, so I decided I’m going to try and visit every county (and equivalent) in the US by the time I turn 50. So far it’s 1,837 down, 1,307 to go. Biggest metro area I’ve never seen? Birmingham, AL (#47) Largest city I’ve never been to? Fort Wayne, IN (#83)

This must be tweeted every Halloween. I don’t make the rules