Independent thinking for complex markets and current events
Criticism targets Jared Bernstein, Chair of the Council of Economic Advisers, for alleged lack of understanding about bonds, sparking concerns about the competency of those in charge of US economic policy. Biden's chief economist literally has no idea how bonds work 🤯 This is actually kind of scary. I didn't think they were this dumb. …
It’s outrageous to learn that a Bureau of Labor Statistics economist has been allegedly leaking crucial inflation data to select financial giants like $JPM and $BLK. Despite the BLS denying the existence of these so-called “super users,” evidence suggests otherwise, prompting justified shock from economists like Ian Shepherdson. The gravity of this situation cannot be …
The world is sitting on the edge of a precipice. It is a world which is highly leveraged. Global debt, for every $1 growth in GDP last year, required $3 of debt, and that doesn’t exclude America. In the fourth quarter, for every $1 of GDP growth, it needed $25 of debt. And when you …
Chief Economist Warns Of High Chances Of Recession Due To Rising Unemployment And Declining Consumer Spending The chances of the economy sliding into a recession are “extremely high,” as the United States is on the brink of experiencing a surge in unemployment and a significant decline in consumer spending. Joe LaVorgna, the chief economist of …
The US economy is headed for a recession in the middle of 2024, Citi’s chief US economist said. The economic data seems strong but is hinting at signs of a decline, as seen in the latest jobs report. Credit-card delinquency rates are also on the rise, and retail sales data has shown a drop in …
Europe’s grumpy farmers are a symptom of wider malaise. They are not the only ones who would like the world to stop so that they can get off (and retire early) https://t.co/uvVniKItMh 👇 — The Economist (@TheEconomist) February 3, 2024 Economist is a somewhat seemingly ‘prophetic’ magazine that the majority of the time seems to …
Bitcoin and other cryptos are so volatile and hard to value that buying them is closer to gambling than investing, David Rosenberg says. Stocks are a claim on a company’s future cash flows, bonds and savings accounts pay out interest, while commodities have industrial uses and demand for them can be modeled using economic data, …
Hard landing? 👀 https://t.co/4WQwhJuON5 — The Macro Guy (@SagarSinghSetia) December 20, 2023 The fall in UK inflation below 4%, which no economist predicted, will make it very hard for the BOE to stick to its higher for longer stance on rates. https://t.co/mFfIg6VI8Z — Sofia Horta e Costa (@SofiaHCBBG) December 20, 2023 🇬🇧 #BOE Money Printing …
Thinking too hard makes your head hurt. A study shows that it causes chemical changes in the brain, which present behaviourally as fatigue Thinking too hard makes your head hurt. A study shows that it causes chemical changes in the brain, which present behaviourally as fatigue https://t.co/p1q4FYPSY9 👇 — The Economist (@TheEconomist) December 13, 2023 …
Life is changing at mind-boggling speed. We’re here to help. Welcome to The World Ahead 2024 https://t.co/vZlZWlBf1D pic.twitter.com/T3roYTyugl — The Economist (@TheEconomist) November 14, 2023 For those who dont have access/ log in to Twitter View post on imgur.com First notes: Do the overlapping circles represent an eclipse? In April there is supposed to be …
What else can you see? Note hamas against Israel at the top with tur words ‘wrath’ appearing between them. Hackers as well! View post on imgur.com Conformation of authenticity https://www.economist.com/weeklyedition/2012-12-22 Higher resolution available here: 🔯#KhazarianMAFIA✡️(THIS IS A COVER FROM THE ECONOMIST MAGAZINE FROMDEC 2012)#Israel #Gaza #hospital #WW3 #IsraelAttack #IsraelGazaWar #Zionists #DepopulationAgenda #MOSSAD #CIA #NWO #PalestineGenocide …
View post on imgur.com Check this out: View post on imgur.com View post on imgur.com Time machine ??? h/t JADR+
Britain’s latest risk register anticipates the apocalypse in detail. Terrorist attacks on transport score 3. The delicately euphemistic “Nuclear miscalculation” beats that with a stronger “impact” score of 4. By contrast, the “Accidental…release of a hazardous pathogen” and “Assassination of a high-profile public figure” feel barely worth bothering with: each scores a paltry 2. Highest-scoring …
via YAHOO: Joe Biden’s race to embrace electric vehicles risks overwhelming US charging infrastructure and creating disastrous supply shortages, two of the world’s biggest carmakers have said. Toyota and Vauxhall owner Stellantis accused the President of being “overly optimistic” in his push for a rule that would require two thirds of new vehicle sales …
by Dismal-Jellyfish Source: https://www.marketwatch.com/story/this-incredible-chart-shows-the-close-relationship-between-the-s-p-500-and-fed-liquidity-166542a7 Earnings, schmearnings. Is what really matters just liquidity? This incredible chart, from Apollo Global Management chief economist Torsten Slok, shows the close relationship between S&P 500 SPX, -0.37% performance and net Federal Reserve quantitative easing (QE) since the pandemic began. Here, Fed QE is defined as the Fed’s total assets minus the balance of the …
HOLD ON TIGHT: Top economist David Rosenberg says the US economy is a ‘dead man walking’ – and warns of a ‘hard landing’ ahead. “You look at the United States and it seems to me that we’re still making this transition from expansion to recession,” Rosenberg said. “I know it sounds extremely controversial to talk about …