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In today’s great history the economy is showing signs of deceleration And some are saying docke is not helping things.
What’s on the deck
Markets: An inner look at how life is Goldman Sachs’ Dallas Office.
Technical: Posted NVIDIA Another great profit beating.
Business: Jeff Bezos has a New rule for Washington Post.
But first, we are taking it slowly.
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The great story
Trap of economic speed
Andre Rucker for BI
Economic growth of growth some were hoping with the new administration is getting short.
President Donald Trump’s second term promised tax cuts, deregistration and an environment that would get an economy that fired throughout the cylinders. But investors and economic experts are making concerns about this year’s slowdown.
Neil Dutta, Chief of Economy in Renaissance Macro Research, described how US economy has begun to look slow.
The market is also showing something bad, as the 10-year yield of the US Treasury has recently been absorbed.
This is a main reference point of DOGE’s success – the lower yield means lower costs of borrowing to consumers – but Not falling for the reasons that doe wantsBusiness Insider Matthew writes Fox. Attempts to reduce group costs are actually further deceiving the economic view, according to some, the main yields to drop while investors require a safe haven.
Dutta highlighted two things that have kept the economy humbly – CONSumEr and government spending – showing signs of strain.
At Dutta’s Point, a trio of economic data released last Friday in consumer’s sense and shelter showed that all wasn’t goodwhich made the actions had their worst day of the year.
He is not just in his concerns. Last week, Steve Cohen Defense Billionaire listed several factors – tariffs, less immigration and cuts for government spending – because it was “actually quite negative for the first time at a time“On the potential of growing the economy and where markets are run.
The Point72 founder said he expects an “important correction”.
The main strategy of the Truist market, Keith Lerner, is also carefully violating. Just six weeks after talking about a purchase opportunity, Lerner lowered American capital for the first time in years from attractive to neutral.
Andrew Harnik/Getty Images
The predictions of an economic abandon were preceded by Doge and the administration.
Prior to elections, the International Monetary Fund predicts that The increase in the US economy would be eased in 2025. And while we are less than two months in Trump’s second term, many can change.
But in the short term, the goal of the DOGE to clear government waste can speed up the slowdown of the economy. Morgan Stanley The main investment officer highlighted DOGE (in addition to tariffs and immigration) as “possible growth directions”.
All of this may sound counterintors. Would not reduce the massive government deficit good For the economy? Billionaire Ray Dalio said debt growth can lead to a “Heart attack” financial if not addressed.
But Cohen said cost reduction is like a shock to the system.
“When that money is going through the economy over many years and now potentially they will be reduced or stopped in many ways, it should be negative for the economy,” he said.
News
3 things in the markets
Illustration of BI for David Solomon Adobe; AP Photo/Alex Brandon; Chelsea Jia Feng/Bi
1. Bitcoin returns Bearish. The cryptocurrency sign has taken a drop – below 13% from its January height – and has officially entered the bear territory. Tuesday was a real delay, with Bitcoin ETF investors attracting over $ 1.1 billion. Among the promises of short policies and last week’s vengeance of $ 1.5 billion of Crypto swap byb Trust in Bitcoin and Altcoins has broken. Volatility gets its number, with Crypto addiction becoming an increasing concern.
2. Goldman takes the Lone Star State. Southern hospitality, a culture with open doors, boxes in the Mavericks-these games are just some of the highlights of work in Goldman Sachs’ Dallas OfficeAccording to the five employees who spoke with bi. And more benefits are on the horizon with Goldman planning a New Dallas Campus With roof gardens, child care, and more.
3. Elliott Paul Singer management founder does not have fun at work. The man behind the $ 72 billion fund knows how to spend a good time: he likes skiing, snow -moving and playing the keyboard. However, in the office, the singer is all at work and there is no game, preparing for risks at every turn. In a recent interview, Singer spoke about the stresses of running a firm and his concerns about the market but He is in it for a long time.
3 things in technology
I-HWA Cheng/AFP/Getty Images
1. Nvidia tightens Deepseek’s concerns with a strong profit beating. Chip reported Of the $ 39.33 billion, beating Wall Street estimates by more than $ 1 billion. In calling of profits, NVIDIA CFO said the demand for Blackwell chips also exceeded expectations-and shares increased in the trade after time. CEO Jensen Huang said that The models of that as the R1 of Deepseek need 100 times more accounton the call.
2 Are you having the Golden Ticket for Technology Employment in your resume? CEO Alex Karp seems to think so. Bi spoke with six recruitment technical specialists to detect If that were the case. Some were not that safe, saying the industry prefers strong results on credentials. Parantir can also fight with brand recognition, and its culture can be a return for those who hire.
3. Alexa+ Alexa+ with that of Amazon is finally here. After slow progress, the technology giant revealed his long -awaited voice assistant Wednesday. Panos Panay, the senior vice president of Amazon’s equipment and services, said the updated Alexa could invent sleep stories, provide recipes and book reservations through partner companies. Here’s what to wait – And how much it will cost.
3 things in business
Pascal Le segretain/amfar/getty images for amfar
1. Model Karolina Kurkova and her husband are at war with an exclusive private island club. In a litigation, the model and her husband the real estate broker are claiming that the Board of Directors of Fisher Island Club threatened them and wrongly expelled from the clubdamaging their reputation and causing them millions of dollars of damage. The private island that is only south of Miami Beach is home to many high -profile billionaires. Fisher Island’s club denies the claims of the lawsuit as unfounded and believes the complaint “is nothing but the few members of the members”.
2. Jeff Bezos has an opinion on the opinion site. The Washington Post owner announced comprehensive changes in the letter thought section in a note to the staff and divided into X. OP-EDS of the letter must support “free markets” and “personal freedoms”, he said. As part of the adjustment, the opinion editor, David Shipley, has been removed. While the ownership of the newspaper often sets the tone for options, the note is Bezo’s last controversial movement After over a year of internal turmoil.
3. There will be winners and losers while the new Trump administration rewrites how business is regulated. Cryptos firms including Coinbase and Robinhood have already benefited. Meanwhile, some legal experts provide for a rise in traditional cases of securities and a continuation of Biden Doj Aggressive antitrust implementation in cases Against Apple, Google, Meta, Amazon and Ticketmaster.
In other news
What is going on today
- Revised GDP data for published Q4
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