James Rogan

Harvard University will win its case against the Trump Administration, through the legal theory of promissory estoppel. A promise was made and the University acted on that promise and incurred costs. https://t.co/iBGRTAgSzx

China exports or its economy stagnates into zero growth similar to the Japanese experience of the early 1990s. Deflation is eating away at the foundation of the Chinese economy. https://t.co/W1PaXAR2nu

Equities in India on fire, sharpest 5 day increase in 4 years. India will be a winner as Trump disrupts the global economy. https://t.co/Y8O9LUEOmK

Rare earths can be extracted from coal ash in hours. https://t.co/dBXux4IgqV

The U.S. has vast amounts of rare earths in coal ash deposits across the country. The country must get going to end reliance on China. https://t.co/h7bc8TV3cA

Federal R&D is vital. The economics of government R&D are compelling. Research by the Dallas Fed finds government R&D generated returns of 140–210 percent over the post-war period, contributing at least one-fifth of America's business productivity growth. See James Pethokoukis.

https://t.co/H7bAwrmkmx

Good cause exception: Good Cause" Exception: Section 553 of the APA allows agencies to bypass the notice-and-comment requirements if they make a finding that "notice and public procedure thereon are impracticable, unnecessary, or contrary to the public interest.”

Soon regulations from the Federal Register will be expunged under the  provision that allows exceptions to the notice and comment requirements when the relevant agency finds that the procedures are impracticable, unnecessary, or contrary to the public interest. See APA 1946.

The Supreme Court temporarily blocked the Trump administration from deporting a group of Venezuelans under the Alien Enemies Act. NYT. The rule of law matters.

Trump can fire Powell, unfortunately. https://t.co/i3KrwLc7OP

TSMC maintains its growth projections on the expectation that revenues from high end AI chips will double. https://t.co/GPTbQI9OaD

Driven by demand for Nvidia’s AI chips, TSMC reported better than expected Q1 numbers, but Trump’s tariffs are a problem. https://t.co/iouJQqCYdo

We have a problem. In ~3-6 months we are going to start having shortages of transformers, pumps, air conditioners, https://t.co/Gy2dQLdFcR

molson 🧠⚙️ @Molson_Hart

I am more and more concerned about the White House’s trade negotiations, to the point where I feel I need to sound an alarm. The White House needs new members on its team for trade. In ~3-6 months we are going to start having shortages of transformers, pumps, air conditioners,

Here is AGI. https://t.co/SYwAezmVx9

Tyler Cowen says AGI has arrived. I don’t care about Nvidia’s loss of revenues from China. Nvidia’s technology is central to AGI. Look forward and I believe that the future is extremely bright. See Marginal Revolution.

The Customs and Border Patrol says the daily revenue from Trump’s tariffs is about $250 million. Trump claims that the tariffs are raising $2-3 billion a day. Trump misrepresents big time. https://t.co/2PQUobfx9O