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Stephanie Ruhle Profile picture
@SRuhle
Sep 25, 2020 • 8 tweets • 4 min read • Read on X
.@MSNBC EXCLUSIVE: Former Vice President and Democratic presidential nominee @JoeBiden joined me for a one-on-one conversation about election interference, economic policy, racial injustice and much more.

Read more of our discussion below ⬇️
I asked @JoeBiden what he would do if he wins and President Trump refuses to leave.

He told me: "Every vote in this country’s going to be heard, & they’ll not be stopped. And I’m confident...we’ll have an election in this country as we always have had, and he’ll leave."
In light of claims of Russian interference, I asked @JoeBiden what his message to Vladimir Putin was:

"If I’m elected, I’m coming, because here’s the deal. It’s a violation of our sovereignty...I promise you there will be consequences."
When asked about Trump's economic policy, @JoeBiden told me: "He takes responsibility for nothing...He should be extending & enhancing unemployment insurance so families can meet their needs. He should be providing real rental & mortgage relief for people."
I asked @JoeBiden about how he combats Trump's lie that he pushes a socialist agenda to voters.
"I think they know who I am...Trump is clearing protests in front of the White House that are peaceful with the military. This guy’s more Castro than Churchill. "
Speaker Pelosi said Biden shouldn't debate Trump because he has no fidelity to truth.
"The people know the president’s a liar..I’m prepared to go out & make my case as to why I think he’s failed & why I think the answers I have to proceed will help the American people" -@JoeBiden
.@JoeBiden: "I’m running as a Democrat, but I’m not going to be the Democrat president...I’m going to be a president for those who vote against me as well as those who vote for me. I’m not going to fan the flames. I’m not going to seek to go out there and make things worse."
"We have to continue to speak her [Breonna Taylor] name...There’s going to be a national commission sitting in the White House, & they're going to bring these parties together & make sure we get some serious reform within police departments across the board." - @JoeBiden

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More from @SRuhle

Stephanie Ruhle Profile picture
Jul 25
What we learned from big dem donor call hosted by Wall St heavyweights a THREAD 👇

44 leading execs joined a zoom call lead by VP Harris Finance Chair, Rufus Gifford. Described as “super positive” with no specific asks from the campaign - more to provide info and start a convo
People on the call included execs from hedge funds & fortune 500 companies. Described as “big dem donors” (Mark Lasry, John Grey, Blair Effron) & some fmr. admin officials close to Obamas & Clintons ( Roger Altman, Bob Rubin, Peter Orszag) but not Biden’s inner circle.
Many have been supporting Biden as a way to defeat Trump.
Read 7 tweets
Stephanie Ruhle Profile picture
Mar 24
Get ready boys & girls -
Banks might not wanna touch financing trump bc of the headline disaster. But it's entirely plausible someone will.
See below:
Since it’s 3bn, a loan covered by stock would be safe until the stock was down below say $6 per share. It’s a pretty good bet it will be way above if he wins. Risk looks like he loses unless the loan is paid back in 6 months which is only 6 weeks before the election.
If the race looks close, the stock will likely still be way above 6.
So the risk is by Sep 25 he looks like he’ll nearly certainly lose. You make the loan, you sold a deep out the money (out on the stock in essence. )
And maybe you can even hedge a bit if it by shorting dwac.
Read 4 tweets
Stephanie Ruhle Profile picture
Jul 27, 2022
We don’t need to run in circles debating the definition of a recession -it’s 2 consecutive quarters of negative GDP.
But we’re not trying to ace an econ 101 exam.We’re trying to understand the current and future economic climate.
It is not entirely GOOD or BAD - IT’S COMPLICATED
It's no surprise that consumer confidence is down- almost everything costs more!
Tomorrow’s GDP# will only increase recession talk.
However - unlike a normal time of challenging inflation, we have positives
- low unemployment
- strong job growth
- high rate of household savings
Jay Powell has a HARD task at hand.
If inflation was not at 9%, the fed might have cut rates to cushion the economic slowdown...but Powell has got to tackle his bigger problem first.
So we'll get the rate hike.
It will short term hurt...with the hopes it will long term help
Read 4 tweets
Stephanie Ruhle Profile picture
Nov 16, 2021
A thread on the latest retail numbers:

Prices are high. Consumers are mad. But that’s not stopping them from spending.

Walmart’s earnings call defied every recent headline about labor, inflation and supply chain issues.
- WMT hired 200,000 new workers in the last 3 months. 2,200 people a day - 150,000 in stores

- Supply Chain - WMT inventory is up 11.5% - they are stocked up for Christmas

-October Retail Sales up 1.7% from September and 16.3% from last year
This is one additional indicator of how consumers are feeling. We know they are not happy – consumer sentiment is down to a 10 year low – but may still be forking over the cash for early holiday gifts ahead of supply chain concerns this holiday season.
Read 6 tweets
Stephanie Ruhle Profile picture
Apr 8, 2021
*THREAD*

Jeff Bezos likes Biden’s infrastructure bill — consider how would it impact him. More money pumped into the system and more jobs will likely be a win for our largest retailers (Amazon/Walmart).
We saw the boost to their businesses every time direct payments hit over the last year. When people make more (especially at the lower levels), they spend it. Our largest retailers will see direct benefits.
The concerns other corporates and business groups are expressing about the impact of raising the corporate tax rate from 21-28% will have little/no impact on Amazon, unless significant other changes are made to the tax code.
Read 4 tweets
Stephanie Ruhle Profile picture
Apr 6, 2021
As corporate America is digesting proposed tax hikes as part of POTUS's infrastructure package, Treasury Sec. Yellen is pushing for a Global Minimum Tax Rate (lobbying other countries to commit to a tax floor).

*THREAD*
Yellen frames it as a way to “stop the race to the bottom” and foster more equitable economic growth among countries and regions.
A global minimum tax would be a giant win for Biden and could help American multinational companies who are likely to see a tax hike from being at a competitive disadvantage.
Read 7 tweets

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