brian cheung Profile Banner
brian cheung Profile
brian cheung

@bcheungz

18,745
Followers
999
Following
3,431
Media
18,502
Statuses

business + data correspondent @nbcnews . 🏦 💸👟 via @yahoofinance @spgmarketintel @federalreserve . say hi: brian.cheung @nbcuni .com

nyc
Joined September 2011
Don't wanna be here? Send us removal request.
Pinned Tweet
@bcheungz
brian cheung
3 years
the bank of jamaica just called me a tease
@CentralBankJA
Bank of Jamaica
3 years
😂We thought so, too! @bcheungz is such a tease!😉 Runaway inflation is another term for hyperinflation - when high inflation becomes entrenched and escalates to being so rapid and out of control that normal expectations of price movements and value quickly become obsolete.🧵1/4
4
5
17
12
6
154
@bcheungz
brian cheung
3 years
incredible sequence outside my window just now
1K
13K
82K
@bcheungz
brian cheung
3 years
posted with permission: “he honked soon as the light turned green literally Lmfaoo so I waited and then went in and got sturdy” 👑
Tweet media one
Tweet media two
97
387
8K
@bcheungz
brian cheung
3 years
remixed
59
644
6K
@bcheungz
brian cheung
3 years
update: the dancing man and I have connected and we’re friends now (posted with permission)
Tweet media one
Tweet media two
Tweet media three
37
200
5K
@bcheungz
brian cheung
3 years
@cpcrock call it news instincts or a NY mentality, but when someone is holding the horn for more than 30 seconds you know something's about to go down
14
76
4K
@bcheungz
brian cheung
8 months
so you're telling me Jesus was home building in a 7% mortgage rate environment
@GunjanJS
Gunjan Banerji
8 months
Bofa has a chart of rates going back to **3000 B.C.** Says rates are coming off "5000-year lows"
Tweet media one
195
480
3K
36
352
3K
@bcheungz
brian cheung
3 years
$JPM's Jamie Dimon on bitcoin: "I'll just challenge the group to one other thing: how do you know it ends at 21 million? You all read the algorithms? You guys all believe that? I don't know, I've always been a skeptic of stuff like that."
984
307
3K
@bcheungz
brian cheung
2 years
1000 points is the threshold for ALL CAPS
Tweet media one
7
70
2K
@bcheungz
brian cheung
5 years
it’s literally a line of credit from Goldman Sachs
@Apple
Apple
5 years
A new kind of credit card. Created by Apple, not a bank. Coming this summer.
617
2K
12K
32
351
2K
@bcheungz
brian cheung
2 years
went on a date last night and the girl deadass asked me when the Fed nominations were coming
97
44
2K
@bcheungz
brian cheung
3 years
just microwaved some salmon at the office
129
46
1K
@bcheungz
brian cheung
3 years
senators: “we’re close to a covid stimulus package” the package:
11
186
1K
@bcheungz
brian cheung
8 months
credit conditions tightening
@DailyLoud
Daily Loud
8 months
JAY-Z says he refused to lend cousin $4,800 👀
Tweet media one
5K
3K
96K
9
72
1K
@bcheungz
brian cheung
3 years
yikes
300
145
1K
@bcheungz
brian cheung
1 year
Tweet media one
Tweet media two
Tweet media three
15
101
1K
@bcheungz
brian cheung
1 year
really cool moment earlier today joining @RichardLui on @MSNBC . thanks for trailblazing the way for so many AAPI journalists like myself:
Tweet media one
18
48
928
@bcheungz
brian cheung
3 years
i just SCREAMED at the TV and my family told me to calm down
Tweet media one
Tweet media two
11
43
813
@bcheungz
brian cheung
4 years
Spirit of Halloween taking their pick of which bankrupt mall anchor to occupy for the next four weeks
Tweet media one
8
67
598
@bcheungz
brian cheung
3 years
Dimon in May 2021: "My own personal advice to people is: stay away from it. That does not mean the clients don't want it...I don't smoke marijuana but if you make it nationally legal, I'm not going to stop our people from banking it."
69
40
569
@bcheungz
brian cheung
4 years
oh my god hang this quote in the louvre: "One senior banker who spoke to CNBC said he still wears the brand’s basics under his more expensive suits. He requested anonymity because he did not want to talk publicly about his basic wear."
@CNBC
CNBC
4 years
Storied apparel brand Brooks Brothers files for bankruptcy, as it seeks buyer and closes some stores
509
2K
2K
14
96
553
@bcheungz
brian cheung
17 days
did not expect to see @FKAtwigs on @cspan today but damn that was a fire way to describe what’s at stake with AI
1
129
556
@bcheungz
brian cheung
2 years
no, I’m from new jersey
14
14
526
@bcheungz
brian cheung
1 year
no one is prepared for the sociopolitical implications of a generation of t swift fans becoming rampant supporters of price controls
8
69
522
@bcheungz
brian cheung
3 years
for those wondering, this came from an @IIF event this morning. more Dimon: "Our clients are adults, they disagree, that's what makes markets. If they want to have access to buy or sell #bitcoin , we can't custody it, but we can give them legitimate, as clean as possible access."
24
23
479
@bcheungz
brian cheung
3 years
@gil_by i believe the mccringleberry rule is three pumps
5
5
468
@bcheungz
brian cheung
2 years
some news: this is my last week at @yahoofinance #JOLTS
@talkingbiznews
Talking Biz News
2 years
. @bcheungz hired by @NBCNews as business and data reporter:
Tweet media one
3
0
22
94
12
464
@bcheungz
brian cheung
3 years
Fed response indicates they beg to differ: "The Federal Reserve would prefer that the full suite of emergency facilities established during the coronavirus pandemic continue to serve their important role as a backstop for our still-strained and vulnerable economy."
@bcheungz
brian cheung
3 years
Treasury Secretary Mnuchin asks Fed to return unused money and close down Main Street Lending, Municipal Lending, TALF, and corporate credit facilities on Dec. 31. Asks for 90 day extension on PDCF, CPFF, MMLF. Says programs can be restarted if needed
4
23
31
13
195
443
@bcheungz
brian cheung
3 years
ok so i was a "young finance hopeful" who worked at the Fed out of college and for anyone that wants to know what it's like: the annual holiday party is at midday, and no alcohol is served
@Neil_Irwin
Neil Irwin
3 years
Can't wait for the flexible average inflation targeting episode.
Tweet media one
40
63
504
17
33
421
@bcheungz
brian cheung
1 year
new twitter avi
Tweet media one
23
3
425
@bcheungz
brian cheung
1 year
oh so NOW everyone wants to be a bank reporter well let me tell you
7
28
393
@bcheungz
brian cheung
4 years
@kgreifeld forex/money $2,00,00 + $5,00,00
Tweet media one
19
20
389
@bcheungz
brian cheung
5 months
some personal news
Tweet media one
Tweet media two
56
5
380
@bcheungz
brian cheung
5 years
at the risk of ripping the fabric of space and time this happened on the internet today:
Tweet media one
12
47
347
@bcheungz
brian cheung
1 year
Tweet media one
6
23
349
@bcheungz
brian cheung
6 years
lets check in on canada
@breakfasttv
Breakfast Television
6 years
Confirmed by PM @JustinTrudeau : Die Hard is indeed a Christmas movie. @KevinFrankish #TrudeauOnBT
101
588
2K
10
92
320
@bcheungz
brian cheung
3 years
macroeconometrics nearly ended me but today I graduated (virtually) from @JohnsHopkins ! physical diploma’s not here yet (and that’s actually dad’s engineering masters gown) but we still turning up 👨‍🎓🍾
Tweet media one
Tweet media two
22
7
324
@bcheungz
brian cheung
3 years
her: i bet he's thinking about other girls him: is the treasury general account drainage worse for money markets or banks? i guess it depends on whether or not the Fed raises IOR. or they could extend SLR exemptions but
Tweet media one
15
36
313
@bcheungz
brian cheung
1 year
dinner last night
Tweet media one
30
3
314
@bcheungz
brian cheung
3 years
bloomberg u aight?
Tweet media one
5
31
302
@bcheungz
brian cheung
1 year
oh come on
Tweet media one
34
34
306
@bcheungz
brian cheung
2 years
all fired up here at @NBCNews . send news/tips/data/comments/memes/NBA conspiracy theories to Brian.Cheung @nbcuni .com
Tweet media one
21
1
301
@bcheungz
brian cheung
3 years
U.S. Treasury Sec. Janet Yellen on the Toomey/Warner/Lummis/Sinema/Portman crypto compromise:
Tweet media one
33
55
265
@bcheungz
brian cheung
3 years
happening now:
Tweet media one
15
22
268
@bcheungz
brian cheung
3 years
when u need to eat good in the neighborhood IMMEDIATELY
Tweet media one
Tweet media two
5
9
268
@bcheungz
brian cheung
1 month
Janet Yellen crushing a beer in Beijing
28
43
269
@bcheungz
brian cheung
3 years
Minneapolis Fed's @neelkashkari to firms that cant find labor: raise wages "I really take labor shortage complaints now — having been on this job now for almost 6 years— I take it with about 10 lbs of salt. Big salt chips on my shoulders, because I've heard these stories before"
27
71
261
@bcheungz
brian cheung
1 year
thrilled to announce that i am no longer eligible for the 30 under 30
@TODAYshow
TODAY
1 year
Summer is not the only thing we’re celebrating! Happy birthday to our Gemini king @bcheungz 🥳🎂
5
5
79
34
7
264
@bcheungz
brian cheung
2 years
stopped by the neighborhood gold miner
Tweet media one
8
5
252
@bcheungz
brian cheung
3 years
at these valuations? no thanks
@BigSean
Sean Don
3 years
Invest in yourself!!!
271
13K
33K
5
17
243
@bcheungz
brian cheung
4 years
jeopardy contestants didn’t know the answer lol
Tweet media one
23
24
240
@bcheungz
brian cheung
3 years
Four democratic senators (Brown, Gillibrand, Merkley, Warnock) introduce a bill to restrict trading by senior Federal Reserve officials:
Tweet media one
15
44
232
@bcheungz
brian cheung
4 years
COVID birthday cake protocol
10
17
225
@bcheungz
brian cheung
2 years
Merry Christmas, don’t forget to remind your loved ones that we’re seven days out from the LIBOR transition 🌲 🎅 🎉 ❄️ ☃️ 🏂
1
28
223
@bcheungz
brian cheung
3 years
when tom brady won his first super bowl alan greenspan was the Fed chair
7
26
224
@bcheungz
brian cheung
3 years
anyway here’s wonderwall
7
36
221
@bcheungz
brian cheung
3 years
no dinner tonight? there are some 🔥 Asian-owned restaurants that could really use your support. my recs for NYC and the DMV: (No disrespect to BX, Staten Island or Maryland, just haven’t tried enough places out there)
Tweet media one
Tweet media two
26
38
223
@bcheungz
brian cheung
5 years
the last time tiger won a masters Alan Greenspan was the Fed chairman
4
42
212
@bcheungz
brian cheung
2 years
a labor market story:
Tweet media one
Tweet media two
3
34
218
@bcheungz
brian cheung
3 years
@_ByFrancisco yes and that makes this even better
2
2
208
@bcheungz
brian cheung
3 years
the Fed again highlights this staggering statistic: "Disaggregating the overall unemployment rate reveals that workers in the lowest-wage quartile face Depression-era rates of unemployment of around 23 percent."
Tweet media one
3
150
205
@bcheungz
brian cheung
2 years
what every econ data release feels like
Tweet media one
3
15
208
@bcheungz
brian cheung
1 year
the english language has to be charitable enough to give us more words than "balloon" to differentiate a thing that clowns blow up at a birthday party from advanced research technology the size of three buses
13
29
207
@bcheungz
brian cheung
2 years
apologies to the people who dislike my sneaker shelf, i'll replace it with a "live laugh love" sign for the next presser
16
3
202
@bcheungz
brian cheung
3 years
This is a pretty remarkable public dispute here. The Treasury was essentially ordering the Fed to close down 9 of 13 liquidity facilities in December and return the money. Fed: u sure bout that
3
59
180
@bcheungz
brian cheung
4 years
. @TeamLou23 had the facts back in June: “If we had a game today and u leave a protest to watch it. That’s a distraction. Any questions?”
@ShamsCharania
Shams Charania
4 years
Rockets-OKC players are planning to boycott Game 5 of their series, sources tell @TheAthleticNBA @Stadium .
552
7K
20K
0
35
176
@bcheungz
brian cheung
5 months
i saw ur bf in here complaining about sub 4% unemployment rates
Tweet media one
4
20
180
@bcheungz
brian cheung
3 years
are you a young financial genius working in the federal reserve system? did you screw it all up with secrets, lies, sex, and politics? if so, I’d like to talk to you! DM or email at brian.cheung @yahoofinance .com
9
5
171
@bcheungz
brian cheung
10 months
running a regression
Tweet media one
4
0
175
@bcheungz
brian cheung
3 years
BREAKING: Fed to begin unwinding its corporate bond portfolio. As of 4/30/21, Fed had about $8.6B in corporate bond ETFs and $5.2B in individual corporate bonds. Fed official says they hope to unwind the whole portfolio by end of 2021
Tweet media one
12
68
170
@bcheungz
brian cheung
1 year
Tweet media one
6
0
173
@bcheungz
brian cheung
5 months
Federal Reserve Chairman Jerome Powell: "A very high proportion of forecasters were expecting very weak growth or a recession. Not only did that not happen, we actually had a very strong year."
2
36
169
@bcheungz
brian cheung
4 years
Fed published new details on its Secondary Market Corp. Credit Facility purchases, which had about $429 million in individual corp. bond purchases through 6/16 Here were the 25 largest transactions $CMCSA $ABBV $T $UNH $KO $WMT $BRK $MSFT
Tweet media one
12
67
165
@bcheungz
brian cheung
1 year
Goldman Sachs Econ expects core goods inflation to turn negative next year: "More moderate commodity price inflation, falling transportation costs, and downward pressure on import prices from past dollar appreciation should also help to reduce core PCE goods inflation."
Tweet media one
10
49
165
@bcheungz
brian cheung
2 years
might ask Jay Powell about the choco taco
13
7
164
@bcheungz
brian cheung
4 years
just saw this on hinge and I-
Tweet media one
10
12
160
@bcheungz
brian cheung
2 years
2004, 2009, 2016, 2021:
Tweet media one
Tweet media two
Tweet media three
Tweet media four
8
25
161
@bcheungz
brian cheung
3 years
for the record I blame this
Tweet media one
1
7
156
@bcheungz
brian cheung
3 years
6
6
152
@bcheungz
brian cheung
1 year
this is my final form as a New Jerseyan: reporting live from the mall
Tweet media one
6
5
149
@bcheungz
brian cheung
2 years
@MattZeitlin a year ago people were making fun of me
@bcheungz
brian cheung
3 years
anyone else who also ran high school track between 2008-2011 should recognize these bad boys
Tweet media one
4
0
36
1
0
149
@bcheungz
brian cheung
3 years
for anyone saying this is "cringe," put some respect on @iammcjin , who had a ***7-week*** freestyle fridays run on 106 & Park and inspired countless Asian dudes (myself included) to start recording freestyles on their LG Chocolates
@AndrewYang
Andrew Yang🧢⬆️🇺🇸
3 years
Time to do the right thing for New York - thank you @iammcjin . Let's go New York City!
612
2K
13K
6
14
136
@bcheungz
brian cheung
2 years
programming note: amped to share that i've recently transitioned into a full-time anchoring role here @yahoofinance ! you'll be able to catch me and @AkikoFujita every day at 11am - 12pm ET at
25
5
148
@bcheungz
brian cheung
6 years
. @RepMaxineWaters tells @JohnJHarwood @realDonaldTrump 's attacks do not "intimidate" her: "I think that this man does not deserve to be president of the United States. He is one of the most deplorable people I've ever me in my life."
0
33
133
@bcheungz
brian cheung
1 year
celeb sighting @kgreifeld
Tweet media one
14
2
144
@bcheungz
brian cheung
11 months
just copped
Tweet media one
12
1
146
@bcheungz
brian cheung
1 year
only four times in the last 40 years have we seen movements in the bond market like we did this week - Deutsche Bank
Tweet media one
7
58
142
@bcheungz
brian cheung
3 years
for anyone wondering, "SDR" refers to special drawing rights, which is the International Monetary Fund's reserve asset that isn't really currency. here's the background on why this topic came up and exactly what Sec. Yellen was trying to explain:
7
27
135
@bcheungz
brian cheung
4 years
are you kidding me
@ratemyskyperoom
Room Rater
4 years
Rule of thumb. Try not to use blinds like these in your zoom/skype room. Nice shoes. 2/10 @bcheungz
Tweet media one
9
4
124
16
5
141
@bcheungz
brian cheung
3 years
my stat line is not a data series available in FRED
Tweet media one
7
2
138
@bcheungz
brian cheung
3 years
devastated
Tweet media one
9
3
136
@bcheungz
brian cheung
3 years
me, when my parents try to visit on a day's notice:
@CityofAlamo
City of Alamo
3 years
The City of Alamo's City Commission and City Administration has NOT been officially contacted regarding this visit and therefore, have NO DETAILS regarding his itinerary.
Tweet media one
15
55
79
6
19
138
@bcheungz
brian cheung
3 years
new BofA Global Research just dropped
Tweet media one
21
23
133
@bcheungz
brian cheung
5 months
anchoring the last live hour of NBC News Now for 2023. tune in at 8pm ET:
Tweet media one
3
3
137
@bcheungz
brian cheung
3 years
I got the J&J literally yesterday, AMA
24
1
137
@bcheungz
brian cheung
3 years
gonna start putting fedspeak inspo in my fleets
Tweet media one
6
10
131
@bcheungz
brian cheung
3 years
Atlanta Fed's Raphael Bostic: "One other thing I should say - and I didn't say this in those earlier interviews and that was a mistake on my part - is that our new long-run framework says explicitly we're going to be willing to let the economy run hot."
@YahooFinance
Yahoo Finance
3 years
The COVID-19 vaccine "hasn't gotten through the population nearly enough to really affect aggregate performance," @AtlantaFed President @RaphaelBostic says. "How the virus progresses will determine in large part how the economy progresses."
1
7
14
4
39
128
@bcheungz
brian cheung
2 years
FOMC blackout week
Tweet media one
14
3
128
@bcheungz
brian cheung
3 years
new apartment’s all set up
Tweet media one
13
2
129
@bcheungz
brian cheung
5 years
Amazon: "We do not intend to re-open the HQ2 search at this time. We will proceed as planned in Northern Virginia and Nashville, and we will continue to hire and grow across our 17 corporate offices and tech hubs in the U.S. and Canada." $AMZN
17
59
118