acemaxx

macro economics, book reviews, interviews, charts, alumni Uni St. Gallen, Switzerland, Zurich

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Last Notes

2024-10-02 05:12:20

#AI --- I asked #ChatGPT (for a friend): What is the difference between #incursion and #invasion
https://econtwitter-media.mwt.me/media_attachments/files/113/236/111/410/608/953/original/6f7dac8aa259583e.png

2024-10-01 06:09:03

#Dutch #manufacturing industry is set to grow moderately in 2025.
After 2y of declining production, foreign and domestic demand
is set to gradually pick up. The growing demand for #chips will add
some momentum for #Dutch factories, chart @ING_Economics
https://econtwitter-media.mwt.me/media_attachments/files/113/230/672/073/308/144/original/2ef78daa7f604c57.png

2024-09-29 05:31:50

#food - prices for #eggs have soared as devastating #birdflu outbreaks around the world and shifting consumer tastes put pressure on supplies, chart @FT https://www.ft.com/content/f89f48c7-6953-424f-9126-bd39489951c1?segmentId=114a04fe-353d-37db-f705-204c9a0a157b
https://econtwitter-media.mwt.me/media_attachments/files/113/219/199/653/430/864/original/fe196bd9c077e7d2.png

2024-09-26 05:42:38

The Trillion Club: #tech firms with a market cap greater than $1tr – And not a single European company is in sight - don’t worry #euro area has its balanced-budget approach and ECB ‘s monetary austerity, chart @BloombergTV
https://econtwitter-media.mwt.me/media_attachments/files/113/202/256/657/074/818/original/bb10dd031b2fb9ef.png

2024-09-25 07:43:30

Tech companies are already the biggest purchasers of #wind & #solar power, but it isn’t enough to meet the round-the-clock needs of data centers. A search on a generative #AI platform like #ChatGPT uses at least 10x the #energy as a standard one on #Google - chart @WSJ https://www.wsj.com/tech/ai/big-tech-is-rushing-to-find-clean-power-to-fuel-ais-insatiable-appetite-31f91330
https://econtwitter-media.mwt.me/media_attachments/files/113/197/053/385/606/960/original/1700c19820f69a95.png

2024-09-24 06:54:34

The great migration from #ElonMusk ’s X has seen users, especially progressives, retreat into one particular silo: #BlueSky #socialmedia echo chamber is back in vogue, chart @FT @jemimajoanna https://www.ft.com/content/65961fec-a5ab-4c71-b1c8-265be3583a93
https://econtwitter-media.mwt.me/media_attachments/files/113/191/214/930/647/938/original/d3e1deb4f64876a2.png

2024-09-15 06:05:05

#food: The disruptions in global #coffee supply caused by #climatechange could force Italians to pay up to €2 per shot of their daily fix: still charmingly cheap for #Londoners or New Yorkers but a shock for Romans, chart @FT
https://www.ft.com/content/ccd7ef60-cef2-4b03-b4a4-63fa328546fd
https://econtwitter-media.mwt.me/media_attachments/files/113/140/059/581/506/110/original/148c6dc4fb470beb.png

2024-09-10 08:48:09

#AI —- A new #book @panmacmillan “Supremacy” - #AI #ChatGPT and the Race that Will Change the World @parmy live talking @flacqua live @BloombergTV https://www.panmacmillan.com/authors/parmy-olson/46366
https://econtwitter-media.mwt.me/media_attachments/files/113/112/389/277/585/718/original/34787f60634f44b4.png

2024-09-01 06:08:41

Bank of #Canada is widely expected to deliver a 3rd straight rate #cut, as #inflation that’s been within its target range all year allows officials to shift focus to weakness in the #job market, chart @economics https://www.bloomberg.com/news/articles/2024-08-31/economy-week-us-jobs-data-likely-to-reflect-labor-market-moderation
https://econtwitter-media.mwt.me/media_attachments/files/113/060/801/249/871/901/original/5fdf6509c7551274.png

2024-08-27 05:23:19

#ElonMusk’s hard turn to politics, in 300,000 of his own words.
The billionaire’s posts show his metamorphosis from a businessman who largely avoided politics to a vocal Trump supporter, chart @WSJecon https://www.wsj.com/tech/elon-musk-politics-trump-social-media-267d34c8?mod=djemwhatsnews
https://econtwitter-media.mwt.me/media_attachments/files/113/032/311/371/865/532/original/f153c9e8df143d47.png

2024-08-26 05:19:10

#climatechange + #speculators -- Global #coffee prices have soared to record highs as adverse #weather conditions disrupt #crops, driving up costs for consumers and pushing roasters to add lower-cost #beans to their blends, chart @FT https://www.ft.com/content/f02f2888-2349-47be-b484-22c8bcf38b35?segmentId=114a04fe-353d-37db-f705-204c9a0a157b
https://econtwitter-media.mwt.me/media_attachments/files/113/026/632/834/692/642/original/092fa62981bc3c95.png

2024-08-25 07:02:22

(Oh boy!) Philip Lane @ECB ‘s battle to return #inflation to 2% isn’t won and interest rates must stay as high as necessary to achieve that goal, chart @economics https://www.bloomberg.com/news/articles/2024-08-24/ecb-s-lane-says-return-to-2-inflation-target-isn-t-secure-yet
https://econtwitter-media.mwt.me/media_attachments/files/113/021/376/247/813/488/original/1c1f86aab6dc8dcb.png

2024-08-20 06:19:29

#food Improvements across #WestAfrica’s #cocoa belt are likely to yield a better harvest and ease a supply shortage that propelled prices to record-high levels earlier this year, chart @markets https://www.bloomberg.com/news/features/2024-08-19/cocoa-price-s-improved-outlook-comes-with-caveat-for-ivory-coast-and-ghana
https://econtwitter-media.mwt.me/media_attachments/files/112/992/896/117/406/358/original/102d0fc9207d69f6.png

2024-08-18 07:51:43

A jarring new data point came earlier this month when #Germany’s #Volkswagen reported its first quarterly loss in at least 15y from joint ventures and associates, chart @WSJecon https://www.wsj.com/business/autos/how-china-is-becoming-a-money-pit-for-foreign-automakers-in-charts-4ae2e119?mod=hp_lead_pos9
https://econtwitter-media.mwt.me/media_attachments/files/112/981/934/165/154/473/original/363a09ba43e9bf9c.png

2024-08-18 07:51:23

#China was a gold mine for global #automakers a decade ago. Not anymore -- “very few people are making money” in #China, #GeneralMotors CEO Mary Barra told investors in July, chart @WSJecon https://www.wsj.com/business/autos/how-china-is-becoming-a-money-pit-for-foreign-automakers-in-charts-4ae2e119?mod=hp_lead_pos9
https://econtwitter-media.mwt.me/media_attachments/files/112/981/932/857/214/856/original/cb846c1abab50cc1.png

2024-08-11 06:03:09

#Bitcoin #tokens --- A ghastly scheme --- (must-read) Whatever else is claimed about it, #crypto is not a currency, chart @RichardJMurphy (video) https://www.taxresearch.org.uk/Blog/2024/08/10/whatever-else-is-claimed-about-it-crypto-is-not-a-currency/
https://econtwitter-media.mwt.me/media_attachments/files/112/941/870/550/115/241/original/235e19a0a3e5c87c.png

2024-08-11 06:03:09

2024-08-10 09:20:19

Predicting monetary policy involves understanding the #entropy of #economic model in use. If the #neoclassical economics - that is the dominant approach to #modelling the economy - omits #money and #banks, what data-dependency are we talking about?
https://econtwitter-media.mwt.me/media_attachments/files/112/936/984/032/911/328/original/aa015801bddc04e0.jpeg

2024-08-10 09:03:29

Leading indicators suggest US #wage growth should continue to moderate, reducing #inflationary pressure. This allows #Fed to shift gears from focusing on #inflation to potential cracks in the #labor market, chart @MorganStanley
https://econtwitter-media.mwt.me/media_attachments/files/112/936/917/891/891/427/original/052ba20d1e9fa3bb.png

2024-08-10 07:30:58

(must-read: a masterpiece of business journalism) #SwingStates economic realities shaping US #Election2024 - chart @sdonnan @the_nazmul @homiedonttweet @BW https://www.bloomberg.com/graphics/2024-election-swing-state-economy/
https://econtwitter-media.mwt.me/media_attachments/files/112/936/553/925/404/362/original/50195b4807422e5b.png

2024-07-24 07:24:04

If #immigrants were stealing our jobs, we’d expect to see a sharp rise in #unemployment among the native-born. We don’t. The unemployment rate among native-born workers is near a historic low, chart @paulkrugman @nytimes https://www.nytimes.com/by/paul-krugman?page=7
https://econtwitter-media.mwt.me/media_attachments/files/112/840/267/618/816/155/original/0968bacbba662a6e.png

2024-06-15 15:56:24

#campus #irchel @UZH_ch #zurich #Switzerland
#university and #nature
#naturelovers #naturephotography
https://econtwitter-media.mwt.me/media_attachments/files/112/621/451/178/607/156/original/f8f53f157350e192.jpeg

2024-06-15 15:55:38

#campus #irchel @UZH_ch #zurich #Switzerland #nature
#naturelovers #naturephotography
https://econtwitter-media.mwt.me/media_attachments/files/112/621/449/218/678/459/original/c4854367db4adfa0.jpeg

2024-06-15 15:54:56

#campus #irchel @UZH_ch #zurich #Switzerland #nature
like #scifiart
https://econtwitter-media.mwt.me/media_attachments/files/112/621/446/370/458/567/original/a555a9504fd965ec.jpeg

2024-06-12 07:03:15

The #immigration is still leaving its imprint on the US
#job market, as foreign-born workers continue to account for the largest share of job gains and #workforce growth, chart @ReutersBiz https://www.reuters.com/markets/us/good-bad-news-inside-us-jobs-report-2024-06-10/
https://econtwitter-media.mwt.me/media_attachments/files/112/602/368/842/771/168/original/23e065cd42847b36.png

2024-05-28 05:25:09

#commodites #copper #gold and #silver - chart @sgkb_news
https://econtwitter-media.mwt.me/system/media_attachments/files/112/517/048/400/580/822/original/85751f0da7dfc1ab.png

2024-05-18 06:01:33

On average, a #ChatGPT query needs nearly 10x as much #electricity to process as a #Google search. In that difference lies a coming sea change in how US, #Europe, and the world at large will consume power - and how much that will cost, chart @Goldmansachs
https://econtwitter-media.mwt.me/system/media_attachments/files/112/460/568/462/781/681/original/b72feaae2e9068f4.png

2024-05-15 08:38:40

#money -- some awesome #books about how fiat money system works … (fiat money is Govt-issued currency that isn’t backed by any #commodity such as #gold)
https://econtwitter-media.mwt.me/system/media_attachments/files/112/444/199/326/858/476/original/b1884d5d6d32d0e8.jpeg

2024-05-15 05:45:26

10% of the time Americans spent in front of TV screens last month was on #YouTube ’s flagship smart-TV app, Nielsen data show. The amateur-video hub has morphed into a streaming behemoth with full-length films, series, sports highlights and live events @WSJecon https://www.wsj.com/business/media/youtube-viewership-cable-25bf3589?mod=djemwhatsnews
https://econtwitter-media.mwt.me/system/media_attachments/files/112/443/518/191/169/125/original/7280600cb176ea7b.png

2024-05-14 08:24:54

(must-read) Everyone is worried about the excessively high level of US Govt debt (120% of GDP). Everyone, that is, except America’s creditors, chart @BobOnMarkets @opinion https://www.bloomberg.com/opinion/articles/2024-05-13/where-s-the-bond-market-s-breaking-point-it-s-not-35-trillion?srnd=undefined
https://econtwitter-media.mwt.me/system/media_attachments/files/112/438/482/943/081/388/original/93f19666aba20ca7.png

2024-05-14 07:19:14

US #labor growth is being driven by #immigration - chart @MorganStanley
https://econtwitter-media.mwt.me/system/media_attachments/files/112/438/224/489/922/516/original/a4b7f33396f5c7ee.png

2024-05-07 05:57:27

Advanced economies face declining GDP per capita – It’s time to increase public investment, if private corporations are reluctant to invest, chart @economics https://www.bloomberg.com/news/features/2024-05-05/global-housing-crisis-affects-immigration-fueled-growth-living-standards?cmpid=BBD050624_NEF&utm_medium=email&utm_source=newsletter&utm_term=240506&utm_campaign=nef
https://econtwitter-media.mwt.me/system/media_attachments/files/112/398/266/934/397/036/original/b8d40742a276da0b.png

2024-05-07 05:10:22

#India ‘s economic growth has come at an environmental cost: #India is already the 3rd -largest emitter of CO2 despite low per capita #emissions of 2 tons annually, compared to the US which is 8x as much or #China at 4x the amount, chart @MorganStanley
https://econtwitter-media.mwt.me/system/media_attachments/files/112/398/081/642/567/309/original/615f18c6cb4316b8.png

2024-05-05 06:42:47

One of the favorite quotes of the week came as #Fed Chair Powell said, “I was around for stagflation...I don’t see the stag or the -flation.” – chart @JPMorganAM
https://econtwitter-media.mwt.me/system/media_attachments/files/112/387/120/556/159/132/original/7ab7eea99afb6211.png

2024-05-03 06:20:56

#German -led #austerity didn't work then. It won't work now. #stagnant growth and #productivity should raise alarm bells, not rising public debt, chart @LionelRALaurent https://www.bloomberg.com/opinion/articles/2024-05-02/european-economy-worry-about-growth-not-debt-levels
https://econtwitter-media.mwt.me/system/media_attachments/files/112/375/709/973/072/954/original/11cc19150f7b9ca6.png

2024-05-03 05:36:27

#Japan is the world’s largest foreign holder of UST --- #BoJ ‘s share of UST outstanding, chart @ReutersBiz https://www.reuters.com/markets/asia/if-japan-exhausts-intervention-slush-fund-treasuries-may-wobble-mcgeever-2024-05-01/
https://econtwitter-media.mwt.me/system/media_attachments/files/112/375/535/068/305/957/original/12f50a333757b28f.png

2024-05-02 06:32:45

A must-read #book --- “The Bankers’ New Clothes” What’s Wrong with Banking and What to Do about It @anatadmati March 05, 2024 @PrincetonUPress https://press.princeton.edu/books/paperback/9780691251707/the-bankers-new-clothes
https://econtwitter-media.mwt.me/system/media_attachments/files/112/370/094/191/511/849/original/d135f57ad4a88f4a.png

2024-04-27 06:43:41

While many aspects of #India ’s growth story are well-known, navigating a vast country experiencing major demographic, economic and societal shifts is not without complexities, chart @GoldmanSachs
https://econtwitter-media.mwt.me/system/media_attachments/files/112/341/825/594/120/229/original/50caa4124d99d8e8.png

2024-04-25 06:14:59

#Spain sees US-style economic boost from #immigrant workers where an influx of foreign workers is boosting the supply of #labour and raising its economic #growth rate – a rare feat in the #EU, chart @bcarrebravo @ReutersBiz https://www.reuters.com/markets/europe/spain-sees-us-style-economic-boost-immigrant-workers-2024-04-24/
https://econtwitter-media.mwt.me/system/media_attachments/files/112/330/388/159/551/078/original/36a32b83a2b5db8a.png

2024-04-24 06:47:07

#UK is still exporting fewer goods than before #Brexit, as the economy becomes more reliant on selling #services to the rest of the world, acc. to official data, chart @economics https://www.bloomberg.com/news/articles/2024-04-22/uk-exports-fewer-goods-after-brexit-tilting-economy-to-services
https://econtwitter-media.mwt.me/system/media_attachments/files/112/324/852/178/624/092/original/d775d90796a8463a.png

2024-04-24 06:32:33

Huge bets by #Chinese speculators on rising #gold prices have helped super-charge the precious metal’s rally to an all-time high this month, chart @FT
https://www.ft.com/content/caefcd1a-3223-4cf4-bc80-349c5745b7ea?segmentId=114a04fe-353d-37db-f705-204c9a0a157b
https://econtwitter-media.mwt.me/system/media_attachments/files/112/324/794/883/051/160/original/14e33a02079e231a.png

2024-04-23 05:59:21

For #WhiteHouse, tackling #Chinese dominance is a strategic priority: #China is home to 70% of #RareEarths mining and 90% of processing capacity, chart @FT https://www.ft.com/content/37966ce4-1dac-41aa-abf4-98f139a8ce32
https://econtwitter-media.mwt.me/system/media_attachments/files/112/319/002/074/820/539/original/5c8948244c88db0f.png

2024-04-21 08:08:49

#AI The world’s largest #commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals, chart @FT https://www.ft.com/content/ffc4d781-8761-47e4-bb2b-83fa974252b1?segmentId=114a04fe-353d-37db-f705-204c9a0a157b
https://econtwitter-media.mwt.me/system/media_attachments/files/112/308/186/548/115/156/original/c46072db13d7f897.png

2024-04-21 07:21:25

(High Concentration) A third of the value of the S&P 500 index lies in the #MagnificentSeven #tech stocks, raising concerns about overexposure and over-concentration, chart @GoldmanSachs
https://econtwitter-media.mwt.me/system/media_attachments/files/112/307/999/673/972/656/original/b4f3cc8838cf9b10.png

2024-04-20 06:58:50

What is good for #German companies is not good for #Germany - chart @MESandbu @FT https://www.ft.com/content/2ff22d32-390a-4126-865f-7365178a0d6c
https://econtwitter-media.mwt.me/system/media_attachments/files/112/302/246/799/690/191/original/cf05010ab2ab7f3c.png

2024-04-18 06:57:21

(must-read) #MarioDraghi explains how #German economic policy is driving the #eurozone into the abyss, chart @GEG_org https://geopolitique.eu/en/2024/04/16/radical-change-is-what-is-needed/
https://econtwitter-media.mwt.me/system/media_attachments/files/112/290/918/534/138/266/original/c660597ae824452c.png

2024-04-17 07:33:33

Another source of increasing market #concentration is among sectors, as #technology, media, and #telecom stocks have continued to capture a rising share of the global stock market, particularly in the US but also in other markets such as #Asia - chart @Goldmansachs
https://econtwitter-media.mwt.me/system/media_attachments/files/112/285/398/349/107/629/original/964dec9324cf88d5.png

2024-04-17 05:54:24

#degrowth
A new #book “Growth – A Reckoning” @danielsusskind April 16, 2024 @PenguinUKBooks https://www.penguin.co.uk/books/446381/growth-by-susskind-daniel/9780241542309
https://econtwitter-media.mwt.me/system/media_attachments/files/112/285/007/859/266/663/original/32fcb2e428917274.png

2024-04-15 05:58:16

#growth in the world’s #oil use is slowing, @IEA said on Friday, even as traders’ fears of a #supply shock have driven up prices by nearly a 5th this year, chart @FT https://www.ft.com/content/91bafe0c-cac5-4037-a623-d575132ee7ad
https://econtwitter-media.mwt.me/system/media_attachments/files/112/273/699/299/720/204/original/c1b624169367521b.png

2024-04-12 06:10:09

(relax) #Germany #inflation CPI in March 2024: 2.2%Y, 0.4%M, #energy prices: -2.7%Y, #food prices: -0.7%Y, chart @destatis https://www.destatis.de/DE/Presse/Pressemitteilungen/2024/04/PD24_150_611.html
https://econtwitter-media.mwt.me/system/media_attachments/files/112/256/758/717/934/514/original/c09e5f4ed705e634.png

2024-04-11 06:29:51

The world economy faces a sobering reality. The global growth rate, stripped of cyclical ups & downs, has slowed steadily since the GFC 2008-09 -- without policy intervention, the stronger growth rates of the past are unlikely to return, notes @IMFNews https://www.imf.org/en/Blogs/Articles/2024/04/10/world-must-prioritize-productivity-reforms-to-revive-medium-term-growth?utm_medium=email&utm_source=govdelivery
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2024-04-10 08:27:56

A surge in prices for the #raw materials that power #manufacturing and #transportation shows investors betting on a prolonged expansion, chart @WSJecon https://www.wsj.com/finance/commodities-futures/commodities-rally-reflects-a-better-economy-but-also-poses-inflation-risks-1e81e723?mod=djemwhatsnews
https://econtwitter-media.mwt.me/system/media_attachments/files/112/245/976/318/562/885/original/88ac6b4bd24214f1.png

2024-04-10 06:06:25

US consumer #inflation expectations, chart @ReutersBiz https://www.reuters.com/markets/us/global-markets-view-usa-2024-04-09/
https://econtwitter-media.mwt.me/system/media_attachments/files/112/245/419/625/278/449/original/1c1157e893364297.png

2024-04-10 05:02:02

CBs have boosted their physical #gold holdings to 16% of total reserves, chart @GarfieldR1966
https://econtwitter-media.mwt.me/system/media_attachments/files/112/245/166/621/767/132/original/e3b8c58166f621c5.png

2024-04-06 06:28:21

#AI trade goes well beyond #tech - many of the top-performing industrials stocks are generating investor excitement for their #AI ventures - strikingly, the stocks of industrials companies most exposed to AI have more than doubled since the start of 2023, chart @GoldmanSachs
https://econtwitter-media.mwt.me/system/media_attachments/files/112/222/856/785/512/461/original/f5306e95ace73ecf.png

2024-04-03 07:06:23

S&P 500 Index’s equity risk #premium is near its lowest level in more than a decade, suggesting stretched stock valuations; meanwhile, #gold sits at an all-time high, chart @MorganStanley
https://econtwitter-media.mwt.me/system/media_attachments/files/112/206/019/466/336/025/original/2f8d37280bf653f0.png

2024-04-01 05:04:28

#Oxford #English #Dictionary ’s latest update adds 23 #Japanese words, chart @guardian https://www.theguardian.com/books/2024/mar/27/the-oxford-english-dictionarys-latest-update-adds-23-japanese-words
https://econtwitter-media.mwt.me/system/media_attachments/files/112/194/215/395/896/142/original/519321e1bdbdad62.png

2024-03-31 07:03:09

a must-read #book
In #SiliconValley, #fissuring is ubiquitous: temps vs. contractor – in order to avoid calls to reduce the pay gap b/w their highest- and lowest-paid people … in: «You’re Paid What You’re Worth» - @JakeRosenfeld1 @Harvard_Press https://www.hup.harvard.edu/books/9780674916593
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2024-03-30 06:16:45

#shrinkflation - Anyone cracking open an #Eastereggs this year may notice two things: not only is it a lot more expensive, it’s also smaller, chart @FT https://www.ft.com/content/02f3475b-3c5f-4685-83a2-f8026afc63b2?segmentId=114a04fe-353d-37db-f705-204c9a0a157b
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2024-03-28 06:33:37

(good news) The fastest #wage growth over the last 4y among historically disadvantaged groups- low-wage workers’ wages surged after decades of slow growth, chart @npub1xeq…4ves
https://econtwitter-media.mwt.me/system/media_attachments/files/112/171/916/671/391/901/original/84638fa1501e6153.png

2024-03-15 09:30:18

- reply

The result: #profit grew by 41%. If #profits had grown at the same, slower rate as costs, that would have translated to a cumulative price increase of only 12.5%, and an average annual inflation rate roughly 1% lower.

2024-03-15 09:29:49

Do higher #margins contribute to #inflation? Well, #profits reflect prices minus costs- since the end of 2019, prices are up 17%, outpacing both labor and non-labor costs, chart @Greg_Ip @WSJecon https://www.wsj.com/economy/corporate-profits-inflation-economy-e66da175?mod=djemwhatsnews
https://econtwitter-media.mwt.me/system/media_attachments/files/112/098/999/527/292/681/original/84bfade76cbd2b7f.png

2024-02-28 07:20:08

Companies across the US economy have also raised prices beyond covering their own higher expenses, lifting #profits for industries including retail, #biotech and #manufacturing - chart @WSJecon https://www.wsj.com/economy/consumers/its-been-30-years-since-food-ate-up-this-much-of-your-income-2e3dd3ed?mod=economy_feat1_consumers_pos2
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2024-02-27 06:02:40

#Japanese #robots are coming, Europe, chart @FT https://www.ft.com/content/0d9004fc-62bd-464a-aae0-484a068d2ec4
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2024-02-24 05:37:06

#Gold buying by CBs - particularly from #China and #India - have helped offset money flowing out of gold #ETF. Those purchases have been driven in part by #geopolitical tensions, such as #Russia ’s invasion of #Ukraine, and #Covid #pandemic – chart @GoldmanSachs
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2024-02-24 05:34:18

#Gold prices are poised to rise as CBs purchase the precious #metal and as strong retail demand in emerging markets bolsters prices, acc. to @GoldmanSachs Research.
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2024-02-16 06:53:40

#UK Britain ‘s economy fell into a #recession in 2H2023, chart @ReutersBiz https://www.reuters.com/world/uk/uk-economy-entered-recession-second-half-2023-2024-02-15/
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2024-02-16 06:45:10

US #inflation – where it is and isn’t, chart @YahooFinance https://finance.yahoo.com/news/inflation-is-cooling-the-gop-wants-you-to-remember-its-up-179-since-biden-took-office-152408852.html?.tsrc=372
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2024-02-14 07:34:25

#energy prices still remain high by historical standards in many countries, particularly in #Europe, where the crisis has been more intense, chart @FT https://www.ft.com/content/088d3368-bb8b-4ff3-9df7-a7680d4d81b2?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content
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2024-02-13 06:06:35

#companies bought 31,159 robots in 2023, a decrease of 30% over the year before, the largest drop in percentage terms since 2006 and largest drop ever in net units, chart @ReutersBiz https://www.reuters.com/markets/us/robot-invasion-hit-bump-2023-north-american-economy-cooled-2024-02-12/
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2024-02-10 09:55:31

The painful reality facing #Germany: its days as an #industrial superpower may be coming to an end. #manufacturing output in #Europe ’s biggest economy has been trending downward since 2017, and the decline is accelerating as competitiveness erodes, chart @BNNBloomberg https://www.bnnbloomberg.ca/germany-s-days-as-an-industrial-superpower-are-coming-to-an-end-1.2033273
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2024-02-09 16:11:54

Back in the 1970s, unit labour costs were the main driver of inflation. But more recently, unit #profits have taken this role. Empirical evidence even points to unit profits becoming a leading indicator of #inflation, chart @BIS_org https://www.bis.org/publ/work1167.htm
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2024-02-03 11:04:59

Official CB FX Reserves: The dollar currently comprises 59% of foreign denominated currency reserves. This compares to an 86% peak in 1977, chart @GoldmanSachs
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2024-01-28 08:08:53

While it’s true that #shipping costs have ballooned, they’re still more than 60% below their COVID-era highs. #escalation could change this, but so far the disruption seems manageable for global #trade - chart @JPMorganAM
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2024-01-25 07:37:28

2 months of missile, #drone and #hijacking attacks by #Houthi militants against civilian ships in the #RedSea have triggered the biggest diversion of international trade in decades, pushing up costs for shippers as far away as #Asia and North America, chart @economics https://www.bloomberg.com/news/features/2024-01-24/red-sea-maps-show-houthi-attacks-hitting-global-economy?srnd=premium-europe&sref=rChPnUxs
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2024-01-19 08:37:23

(An important reminder due to current events) #Germany Hyperinflation: 1921-1924, Deflation: 1930-1932 -
Reich Chancellor Heinrich Brüning had #wages and state salaries cut by 20% - And you know who then came to power, chart @nberpubs https://www.nber.org/papers/w24106
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2024-01-14 06:35:27

#Asia -- #China and #India together are forecast to generate about half of global growth this year, chart @IMFNews https://www.imf.org/en/Blogs/Articles/2023/05/01/asia-poised-to-drive-global-economic-growth-boosted-by-chinas-reopening?utm_medium=email&utm_source=govdelivery
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2024-01-13 07:15:45

As the Chart of the Week shows, the higher #inflation so far mainly reflects higher #profits and import prices, with profits accounting for 45% of price rises since the start of 2022, chart @IMFNews https://www.imf.org/en/Blogs/Articles/2023/06/26/europes-inflation-outlook-depends-on-how-corporate-profits-absorb-wage-gains?utm_medium=email&utm_source=govdelivery
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2024-01-11 06:16:18

r* (green line) as the level of real interest rate at which the economy is neither expanding nor contracting and, thus, where #inflation is expected to be relatively stable, chart @richmondfed
https://www.richmondfed.org/publications/research/economic_brief/2024/eb_24-02?utm_source=Federal+Reserve+Bank+of+Richmond&utm_campaign=4692cf9ee2-RSS_EMAIL_EB&utm_medium=email&utm_term=0_f56b5f06b6-4692cf9ee2-114398048
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2024-01-10 08:28:07

The average temperature in 2023 was 0.17C higher than in 2016, the prev. record year, marking a very large increase in #climate terms. The primary cause of this increased global #heating was continued record emissions of carbon dioxide, chart @guardian https://www.theguardian.com/environment/2024/jan/09/2023-record-world-hottest-climate-fossil-fuel?utm_term=659e3f3a0e652f1f40266ff31942dc82&utm_campaign=FirstEdition&utm_source=esp&utm_medium=Email&CMP=firstedition_email
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2024-01-05 06:20:49

#Google is finally killing #cookies - #Advertisers still aren’t ready - #search giant plant to remove a technology seen as critical to the digital-ad industry, chart @WSJecon https://www.wsj.com/tech/google-is-finally-killing-cookies-advertisers-still-arent-ready-7582fcac?st=fu1a6618ikt7nni&mod=djemwhatsnews
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2024-01-04 07:06:07

#inflation is fading rapidly: global price growth ended last year at 8.9%, and is forecast to drop to 5.1% by the end of 2024. #food price inflation, from #wheat to cooking oils, has plummeted, and the surge in #energy prices is unwinding, chart @FT https://www.ft.com/content/5c2f60e0-f043-4b71-a153-1c747b4ed982?xnpe_tifc=xDzDh.VpxdH8bfol4.Qub9pJVdUZMds_OuhubIUsb.n7tIzD4F1A4FHjbNJLhF4NtIQ_hfUs4F4_b.zXxMXJhFoDbunX4.oJ4.Bsb.P_
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2023-12-06 17:25:45

#sellers’ inflation: The extraordinary corporate #profits were a driving force in last year’s surge in #inflation, a pressure that is now easing rapidly as #customers push back, chart @WSJecon https://www.wsj.com/economy/global/inflation-profits-consumer-prices-8b95374a?mod=economy_lead_pos5
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2023-12-02 07:41:54

The conflicts are proliferating across several continents, localized and yet interconnected at the same time, chart @economics https://www.bloomberg.com/news/features/2023-12-01/hedge-fund-managers-consider-world-war-a-growing-possibility?sref=0Xh9npns
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2023-09-25 07:22:41

#German #house prices, chart @BloombergTV
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2023-09-15 08:08:57

While what happens in #China will continue to influence growth, sentiment, and performance in the broader #EM universe, powerful structural and cyclical themes can lead to differentiated performance, chart @JPMorganAM Gabriela Santos
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2023-07-29 06:24:35

#Japan #BoJ' s long-awaited tweak of its ultra-easy bond-buying monetary policy caused as much confusion as shock, sending long-term Japanese JGB yields about 13bp, chart @ReutersBiz https://tinyurl.com/37z8zhay
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2023-07-16 12:36:24

#China surpassed #Japan as the biggest #car exporter by volume in 1Q2023, chart @economics https://tinyurl.com/56hy6rx6
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