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Jonathan Levin

Jonathan Levin

Bloomberg

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Trump’s Tariffs and Inflation Fatigue Are a Toxic Brew

Donald Trump’s allies tell us that tariffs are principally a negotiating tool rather than a tax on consumers: if you threaten America’s trade...

thursday 3

Bloomberg

Jonathan Levin

Trump Trades Now Face Their Reality Check

Donald Trump’s victory in last week’s presidential election has fueled knee-jerk rallies in US stocks and other risk assets. Once the sugar rush...

12.11.2024 6

Bloomberg

Jonathan Levin

Palantir Is a Rare Puzzle for the Wall Street Brain

No matter how much they torture their models, sell-side stock analysts just can’t come up with a justification for Palantir Technologies Inc. stock...

28.10.2024 8

Bloomberg

Jonathan Levin

Trump Inflation Is Being Priced In by Traders

Many Americans are frustrated with high consumer prices and elevated mortgage rates, discontent that could help Donald Trump win back the White House,...

24.10.2024 4

Bloomberg

Jonathan Levin

Trifecta of Fed Rate-Cut Regret Is an Illusion

We’ve had several weeks of strong data since the Federal Reserve cut policy rates by a half percentage point. It started with a surprisingly robust...

17.10.2024 4

Bloomberg

Jonathan Levin

Frustrated With Your Boss? Blame Inflation

As a general matter, workers hate asking for a raise. It’s time-consuming, awkward and even risky. Should you shop around for an outside offer to...

11.10.2024 8

Bloomberg

Jonathan Levin

Strong Jobs Report Provides a Reason to End the Paranoia

It may soon be time to shed our paranoia about the US labor market and concede that the economy is looking fabulous. By one estimate, gross domestic...

04.10.2024 7

Bloomberg

Jonathan Levin

What 1980s Miami Tells Us About Springfield in 2024

Anyone who experienced Miami in 1980 has to be sympathetic to the residents of Springfield, Ohio, the Rust Belt city that local authorities and...

01.10.2024 10

Bloomberg

Jonathan Levin

Miami Housing Is Expensive. Just Don’t Call It a Bubble

The relentless surge in Miami-area housing prices has earned the city the top spot in this year’s UBS Global Real Estate Bubble Index, a ranking of...

30.09.2024 9

Bloomberg

Jonathan Levin

Restaurant Customers Aren’t Tapped Out. They’re Just Bored.

The restaurant business has been through a volatile stretch. Restaurateurs battled through the early days of the Covid-19 pandemic (when no one was...

25.09.2024 5

Bloomberg

Jonathan Levin

The Fed’s Uncertain Destination Troubles the Bond Market

The Federal Reserve on Wednesday began its policy easing with a bang. Much of the focus was on its decision to cut interest rates by half a percentage...

19.09.2024 6

Bloomberg

Jonathan Levin

LIVE ANALYSIS: What the Fed Rate Cut Means for Markets — and You

There are few things I've been certain about in my life: Death, taxes, and the fact that the Fed will finally cut rates today. It’s all happening...

18.09.2024 10

Bloomberg

Jonathan Levin

Walmart Has Seized the Baton From Nvidia. What?

Consumer staples are one of the sleepiest sectors of the US stock market. Investors buy them for their low volatility and generous dividends, not...

16.09.2024 10

Bloomberg

Jonathan Levin

The Fed Has No Choice But to Assume the Worst

Earlier this year, the Federal Reserve seemed to have time on its side. Payrolls were growing at a healthy clip and the unemployment rate hovered near...

13.09.2024 10

Bloomberg

Jonathan Levin

Powell’s Inertia Leaves the Fed in a Bind After CPI Surprise

In some ways, central banking requires a trader’s instincts. Policymakers need to marry academic rigor with quick reflexes. There is a time for...

11.09.2024 7

Bloomberg

Jonathan Levin

The Numbers Behind the Presidential Debate Spin

I’m Jonathan Levin, and this is Bloomberg Opinion Today, a pre-debate snack of Bloomberg Opinion’s opinions. Sign up here . It’s debate...

10.09.2024 5

Bloomberg

Jonathan Levin

Stock-Selloff Fears for September Are Overblown

The US stock market has given us plenty of real and perceived calendar anomalies to think about. There’s the observed tendency for stocks to...

09.09.2024 7

Bloomberg

Jonathan Levin

Trump’s Tariff Plan Just Doesn’t Add Up

I’m Jonathan Levin, and this is Bloomberg Opinion Today, a collection of writing from columnists you’d love to have a beer with. Sign up here ....

06.09.2024 6

Bloomberg

Jonathan Levin

Biden Leaves Behind a Doozy of a China Challenge

I’m Jonathan Levin, and this is Bloomberg Opinion Today, a smorgasbord of Bloomberg Opinion’s opinions on geopolitical risks and the economy. Sign...

04.09.2024 10

Bloomberg

Jonathan Levin

Wall Street Strategists Face Their Own Short Squeeze

Since the pandemic, Wall Street strategists have repeatedly underestimated the performance of the US stock market in their annual projections, leading...

03.09.2024 10

Bloomberg

Jonathan Levin

Powell Ignored the Elephant in the Fed’s Jackson Hole Lodge

Federal Reserve Chair Jerome Powell on Friday removed all doubt that interest rate cuts are just around the corner. “The time has come for policy to...

25.08.2024 6

Bloomberg

Jonathan Levin

Harris Has a Manufacturing Record Trump Craves. She Should Use It.

Vice President Kamala Harris has some serious manufacturing credentials, and she shouldn’t be afraid to brag about them in her campaign against...

22.08.2024 6

Bloomberg

Jonathan Levin

Why 818,000 Fewer Jobs Signal a Healing Economy. Don’t Panic.

There was a lot of commotion Wednesday about an obscure — at least to non-economists — labor data revision that, on the face of it, showed 818,000...

21.08.2024 5

Bloomberg

Jonathan Levin

Recession Guesswork Is Just as Reliable as It Sounds

The term “recession” made a big comeback in news stories and social media posts this month. Goldman Sachs Group Inc.’s Chief Economist Jan...

20.08.2024 6

Bloomberg

Jonathan Levin

Walmart Shoppers Explain State of the US Economy

If rising layoffs and weakening consumption are going to snowball into a US recession at some point, my interpretation is that the mass of...

15.08.2024 4

Bloomberg

Jonathan Levin

There’s Something Fishy About Insiders’ ‘Other’ Trades

Regulators and investors have always had a keen interest in the trades that corporates executives and board members make in their companies’ own...

14.08.2024 20

Bloomberg

Jonathan Levin

Trump as De Facto Fed Chair Is a Dangerous Idea

Donald Trump appears to be totally serious about his plan to give presidents a say in monetary policy, a proposal that would undermine decades of...

12.08.2024 4

Bloomberg

Jonathan Levin

Markets Are Bananas. Welcome to August!

I’m Jonathan Levin, and this is Bloomberg Opinion Today, a volatility-packed compilation of Bloomberg Opinion’s opinions that may or may not leave...

08.08.2024 6

Bloomberg

Jonathan Levin

The Tell in Warren Buffett's $277 Billion Cash Hoard

Warren Buffett has been selling a lot of stock, and that revelation is inducing his many admirers to follow suit. His Omaha, Nebraska-based...

05.08.2024 8

Bloomberg

Jonathan Levin

Jobs Report Should Put a Jumbo Fed Rate Cut on the Table

In markets and economics, you sometimes have to hold two thoughts in your head simultaneously — an important lesson on a day in which the US...

02.08.2024 5

Bloomberg

Jonathan Levin

Roubini Confuses Yellen’s Pragmatism for Treasury Activism

Economists Stephen Miran and Nouriel Roubini are making waves by suggesting in a paper published last week that the Treasury Department has actively...

01.08.2024 10

Bloomberg

Jonathan Levin

I Gave Up a 2.6% Mortgage to Upgrade. Will I Regret It?

The mortgage lock-in effect ended in the Levin household shortly before my in-laws arrived from Mexico to celebrate my daughter’s birthday at our...

23.07.2024 3

Bloomberg

Jonathan Levin

The Magnificent Seven Panic Is Over and We Survived

For the better part of 2024, market commentators have bemoaned the fact that a few mega-capitalization stocks, dubbed the Magnificent Seven, appeared...

22.07.2024 10

Bloomberg

Jonathan Levin

Fed’s Critics on Inflation Should Now Champion July Cut

Back in 2021, legions of critics lambasted the Federal Reserve for failing to take proactive and forward-looking steps against the emerging inflation...

18.07.2024 10

Bloomberg

Jonathan Levin

Trumponomics 2.0 Will Awaken Bond Vigilantes

Taken at face value, there are a lot of inflationary proposals in Donald Trump’s economic agenda. If elected, he could extend his 2017 tax cuts amid...

16.07.2024 3

Bloomberg

Jonathan Levin

Earnings Expectations Are High for the Right Reasons

Human nature is such that there are always some folks who put a negative spin on obviously good news. So as we head into the time of year when...

12.07.2024 40

Bloomberg

Jonathan Levin

The Fed Should Cut Rates Now. Sadly, It Won’t.

Thursday’s wildly encouraging consumer price index report shows that the Federal Reserve should be cutting policy rates at its meeting later this...

12.07.2024 10

Bloomberg

Jonathan Levin

Market Strategists Thankfully Abandon S&P 500 Targets

Piper Sandler & Co. is eliminating its price target for the S&P 500 Index. Its Wall Street counterparts should follow suit. The financial services...

10.07.2024 8

Bloomberg

Jonathan Levin

Can’t Find a Job After Graduating? Move to Bolivia

It’s a challenging time to be a college graduate entering the labor force. Outside of the early pandemic months, the ratio of new hires to total...

02.07.2024 9

Bloomberg

Jonathan Levin

Florida Shows How to Make Passenger Rail Work

Surprise, surprise! It turns out you can’t count on private equity investors to single-handedly provide effective and accessibly priced mass transit...

01.07.2024 5

Bloomberg

Jonathan Levin

Employers Are Ghosting Job Applicants and It’s Not OK

This is Bloomberg Opinion Today, a statistically noisy compilation of Bloomberg Opinion’s opinions that may be subject to future benchmark revisions...

18.06.2024 8

Bloomberg

Jonathan Levin

Lazy Fed Forecasts Are a Disgrace. Let’s Do Better.

The Federal Reserve will begin a review of its monetary policy framework later this year, including a potential reconsideration of the ways it...

17.06.2024 30

Bloomberg

Jonathan Levin

Disinflation Is Happening in All the Right Places

There’s still a lot of noise in the latest US inflation report, but the things that matter are moving in the right direction. The core consumer...

12.06.2024 5

Bloomberg

Jonathan Levin

A Brief Guide to What Really Matters on CPI-Fed Day

Wednesday is shaping up to be a doozy in the US bond market. Following the release of the consumer price index at 8:30 a.m. in Washington, investors...

12.06.2024 30

Bloomberg

Jonathan Levin

Stunning Job Numbers May End Up Being Just OK

The labor market data is full of conflicting signals, but the big picture is that the US economy is in pretty good shape. That’s worth celebrating,...

08.06.2024 10

Bloomberg

Jonathan Levin

The US Economy Won’t Be Immune to High Rates Forever

In spite of the highest Federal Reserve policy rates in two decades, the US economy grew about 2.5% last year, unemployment remains low and stocks are...

29.05.2024 10

Bloomberg

Jonathan Levin

The ‘Everyone Wins’ Stock Market Is Dead — Ask Target

Target Corp.’s sales slump last quarter marked the latest example of supposed softening in US consumption, making some stock-market investors...

28.05.2024 10

Bloomberg

Jonathan Levin

Sorry Inflation Doomers, We're Heading in the Right Direction

The disinflation process appears to be intact, even if it’s happening in fits and starts. The Bureau of Labor Statistics reported Wednesday that...

16.05.2024 30

Bloomberg

Jonathan Levin

Were Those Hot Inflation Numbers Just a Bad Dream?

Wednesday’s inflation report is one to watch. After three months of surprisingly hot CPI data, even inflation optimists are worried that the...

15.05.2024 60

Bloomberg

Jonathan Levin

Goldman’s ‘No Return’ Market May Still Surprise

Wall Street strategists are worried that US stocks are on a trip to nowhere, but that doesn’t mean you shouldn’t go along for the ride. Goldman...

13.05.2024 40

Bloomberg

Jonathan Levin

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