Brennan Bilberry

To stay aligned with its stated mission to “democratize finance for all,” Robinhood has to persuade both itself and its users that sports betting isn't actually gambling, but trading. This conflation of investing, trading, and gambling is anything but democratizing finance.

That wealth transfer is from people who trades on platforms like Vlad's, to Vlad and his payment-for-order-flow partners and private equity bagholders

Such strange logic. We had to go to war because Israel was going to attack Iran? So Bibi gets a say as to whether the US goes to war but the US Senate and the American people do not?

Everyone voted to spend billions on regime change wars while rural hospitals closed and people got kicked off their health insurance and food assistance, right?

To avoid prosecution, Prince Andrew should move to the US and join Trump’s cabinet.

A lot of responses like this. How Carney is being stupid and spiteful. How BYD vehicles will spy on Canadians. The important thing to bear in mind is that none of these observations matter. The effect of Trump's trade policies is to give China a major North American breakthrough.

Fmr energy advisor to @SenMcConnell and @FERC chair under Trump:

It's hard to square the image of Susie Wiles as this smart, disciplined operator with the person who decided to divulge all of the Administration's secrets to Vanity Fair in exchange for a photo shoot.

Just dropping this here for all the skeptics (haters really) who mocked the concept that the last bout of inflation was attributable, in any part, to excess concentration. Atlanta Fed Working Paper (Nov. 2025): “Using OLS, we find that market concentration is associated with higher inflation rates [in the food sector] at the MSA level. However, this does not establish a causal relationship. To identify causality, we exploit the 2014–2015 bird flu outbreak as an exogenous supply shock in the egg market. Using a triple-difference framework, we compare inflation across MSAs with varying levels of market concentration. We find that MSAs with higher concentration—measured by sales-based HHI—experienced significantly higher egg inflation following the shock.” atlantafed.org/research/publi… h/t @matthewstoller (from today's BIG post): thebignewsletter.com/p/secret-docum… cc @musharbash_b (eggs!) @IsabellaMWeber (asymmetric pass-through!)

There is absolutely no way that permitting one of our most vital tech companies to sell our most advanced chips to our chief military and economic rival is "America first."

If anyone else wrote something like this, it would be universally acknowledged that the person is mentally unstable.

Trump staffers are so dumb they cheerleader-posted a chart of long term bond yields going down (indicating a faltering economy and recession risk)

SCOTUS rubber-stamps whatever Republicans want, again, as usual. What an easy job. No thought required.

You have someone who's to the left of Zohran Mamdani on policing in a Trump +22 Tennessee district. How exactly did people think that was going to go? That Behn is getting to an R+9 margin (a +13 overperformance) despite all that is...something.

Might've been winnable with the right candidate, but Aftyn "I'm a very radical person" Behn was not it :/

My new op-ed is out: Authoritarianism doesn’t crumble because people reject it in theory — it crumbles when it fails their daily lives. Trump promised lower costs and delivered higher ones. It’s the economy, fascist. Read here: contrarian.substack.com/p/its-the-econ…

What would the consequences be in a company boardroom? A university? A church? A pro sports team? In any organization?

When Trump’s longest serving advisor is quoting Epstein’s lawyer….

Among the docs House GOP released to ‘help’ Trump:

The President trying to cover up his relationship with a notorious child sex trafficker is one of the biggest scandals in political history