Writing about money and investing at @WSJ, Contributor @CNBC. Dancer. New Yorker. Reach me at gunjan.banerji@wsj.com On instagram @ gunjansb. Views are my own.

Manhattan, NY
Thrilled that WSJ's first Netflix documentary, EAT THE RICH, has been nominated for an Emmy award in the business and documentary category Such a fun project to work on with the @WSJ team @charlesforelle @JAVerlaine @EmmaMoodyWSJ @BennyBip , Dan Rosen🚀🚀🚀
One of the coolest parts of 2022 was seeing @WSJ reporting on GME come to life in the @netflix doc EAT THE RICH Big thank you to everyone who watched and shared their feedback🙏
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“We found that two to four kids in every classroom are now reporting they prefer interaction with a chatbot over a human peer" wsj.com/lifestyle/relationsh…
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Jeffries: “We believe the market is underestimating US equities' ability to absorb longer-term rates. Despite the risk of higher yields and valuation pressure, we remain bullish on Large and Small Cap equities given the strength and breadth of the earnings cycle”
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Gunjan Banerji retweeted
"S&P 500 EPS estimates have been sharply upgraded every quarter over the last year or so" - DB dbresearch.com/PROD/IE-PROD/…
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"Forecasters have pushed back the date inflation was supposed to peak every quarter since late 2025. It's now expected sometime in 2027"
"It would necessarily be painful." Chicago Fed President Austan Goolsbee says the central bank has reached the limit of any ability to wait out supply shocks, which means higher interest rates will have to slow sectors of the economy that may not be driving up prices. He also sees evidence that the AI investment boom is not "staying in its lane," and cites conversations with businesses who see increasing labor-market pressures for AI-adjacent industries. wsj.com/livecoverage/stock-m…
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Gunjan Banerji retweeted
Excited to share this project, in which @WSJ sent me home to get a sense of how working people are getting by in this economy. I wasn't surprised to hear it's too hard to get ahead. But I took notice of the specificity of their pain—and who they blamed. wsj.com/politics/policy/i-we…
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"Since 1988, tech stocks have done much better than the overall stock market during quarters when bond yields rose compared to how they performed when yields declined" -- @jimwpaulsen
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67% of all active large-cap U.S. equity funds underperformed the S&P 500 in the first half of the year--S&P Dow Jones Indices
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If you "remove a dose of accommodation" it implies that you don't believe policy to be restrictive. That implies there is more work to do. That was Warsh today. Compare and contrast to Waller who recently called the stance of policy mildly restrictive.
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Gunjan Banerji retweeted
Like Volcker, Greenspan, Bernanke, Yellen and Powell, the first rate move by Kevin Warsh as Fed chair is an increase.
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Nobody likes to hear their schools aren’t performing well. The two options are to improve schools or to lower/eliminate the metrics. The latter is easier.
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Gunjan Banerji retweeted
Two big blinds and a refusal to quit. That's where João Simão's Invitational almost ended. Instead, it became the run of his life. $7,250,000 and Triton title number two, won against the biggest Invitational field ever. Read on for his story.
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Ahead of the Fed decision, Robinhood traders’ five-day net purchases of single stocks are running at their highest level since June:
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"Factoring human extinction into stock values is silly, so let’s hope for the best and just stick to stocks" @Spencerjakab trk.wsj.com/view/6516ea58f75…
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10-year Treasury yields at the highest level since July 2007, 4.995% --Dow Jones Market Data
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"Yesterday was the biggest one-day outperformance (+10.3%) of software (IGV) vs. Semis (SMH) in the history of those ETFs" --BTIG
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The 10-year Treasury yield just touched 5% for the first time since 2023
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10-year Treasury yields at 4.981%
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