Former FDIC chair and other great jobs. I opine on financial issues, with an occasional dog post. Also a NYT best selling author. Don’t miss my next book, How Not to Lose a Million Dollars.
Sheila Bair
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Why is the stock market so sure rates are going up this year? 9 FOMC wanted higher rates; 9 wanted to keep them the same or lower. That puts the new Chairman in the cat bird’s seat.
Le bon temps rouler... www.nytimes.com/2026/05/13/w...
AI may give Warsh justification to lower rates, not through more productivity, but by hitting the labor market hard enough to justify a cut. Alas, that may not help job growth, as companies may use their cheaper borrowing for more AI investments….
At least one southern state is showing some sense. Georgia Republicans Shelve Redistricting as Anger Grows www.nytimes.com/2026/06/17/u...
As an index investor, thank you S & P!
Sheila Bair
In Callais, the Supreme Court ignored precedent and statutory language to require proof of intent for a voting rights claim. Now apparently even proof of intent is not enough, even when found by a 3 judge panel that included 2 Trump appointees.
finance.yahoo.com/video/young-...
Thanks @yahoofinance.com for this great conversation about my new book and the guidance it gives teens as they become more financially independent. finance.yahoo.com/video/every-...
From Jeremy Grantham “market historians will look back and talk in awe of SpaceX, read its prospectus as a kind of novelty/joke, and compare it to the South Sea bubble.” m.youtube.com/watch?v=RKAj...
Sheila Bair
Sheila Bair
Sheila Bair
Sheila Bair
The Supreme Court turns its back on 60 years of Black enfranchisement - so writes @sheilabair.bsky.social who was counsel to Republican Senator Robert Dole, the author of the 1982 amendment to the 1965 Voting Rights Act www.ft.com/content/ba9d...