"Top 10% of earners owned 87% of U.S. stocks in the first quarter of 2020” Excellent piece by @paulvigna on how Stock Market and “Economy"
New competition to write rules of trade is not protectionism argues @MESandbu in important column: It is, rather, a deeper form of globalisation, where cross-border
Germany’s COVID stimulus is flattered by large share of loan/guarantees etc. But it is large by any measure and this week Berlin decided to keep
‘With the expectation that we’re moving away from oil, that makes a company like Exxon or the energy complex overall just not as interesting to
Since 2012 India has risen to become the world’s second largest cellphone market. But it too faces the question. What does a 5G future look
EXXON’s exit from the Dow Industrial Average is a historic moment: firm was included in index in 1928 as Standard Oil of New Jersey. Now
To add to Lebanon’s misery, inflation has rocketed towards 120% yoy. @SoberLook thedailyshot.com/category/the-d… https://t.co/Qu5wC8mP5T
A “hurricane pod” on Isle de Jean Charles. The pods can be used like lifeboats during storms.Credit…Emily Kask for The New York Times nytimes.com/2020/08/26/cli… https://t.co/7uG44tr5TN
Not in a century have European equities been this cheap relative to US stock markets. 2/3 down on their relative standing in 1919. (Obviously somewhat
French consumer confidence at least as measured by the @InseeFr_News index is a funny beast. Taken at face value it would suggest that 2018 Gilets
In 1993 35% of Americans worked for a firm with more than 1000 employees. In 2019 > 40% do. One for @SoberLook ft.com/content/92427a… https://t.co/yBjiw8KGSE
For small businesses in US, the employment data seem to suggest not so much a 90%, as an 80% economy. @PantheonMacro via @SoberLook https://t.co/4vOoH3NCJT
So far, perhaps surprisingly, credit card spending in US has held up past the expiration of $600 UI supplement, even in states with high rates
RT @bhbradlow: Bolsonaro has shifted his support base in a way that makes him less reliant on credibility from Guedes, so the risk of inter…
In Brazil the argument over spending ceiling that would mandate a severe fiscal contraction is heating up. If lifted will there be political crisis/capital flight?
In H1 2020, Germany has recorded its first substantial budget deficit since 2010. @markets via @SoberLook https://t.co/O5hV935gla
In H1 2020, Germany has recorded its first substantial budget deficit since 2010. @markets via @SoberLook https://t.co/kEKiKD9fxi
In June 2020 according to @Conferenceboard data, confidence levels amongst Americans under age of 35 fell to lows not seen since 2011. @SoberLook thedailyshot.com/2020/08/26/con… https://t.co/JfsjtpaCps
As ever, an essential thread by @70sBachchan on the petrochemical complex in the path of #HurricaneLaura twitter.com/70sBachchan/st…
There are 30 million Americans currently receiving unemployment benefit of which only 40% now expect to return to their pre-crisis jobs. @ISABELNET_SA via @SoberLook https://t.co/3Ia3N9qFGQ
The $600 extra unemp benefit payment lapsed 25 July -> $15bn per week is taken out of incomes of some of most vulnerable people at
RT @mehdirhasan: To be clear: there is no other Western democracy I can think of where armed men in camo and other military-style gear regu…
RT @QuickTake: Cattle ranchers in coastal Texas move livestock as #HurricaneLaura nears landfall https://t.co/6DVlyi92JW
RT @DanHillHistory: The Arras battlefields still hold plenty of reminders of what once happened here. This unexploded artillery shell was o…
RT @bneeditor: 1/ This significant. BYN already dropped to record low (we reported this AM). Ppl are changing into USD partly as anticipate…
RT @M_C_Klein: Ignore Aerospace, and U.S. Manufacturers Had a Good July. Falling Inventories Are a Concern. barrons.com/articles/ignor… <– n…
RT @UliVolz: The shirt. The picture. Wow! Robert Zoellick sets entirely new standards for colour compositions in webinars. 🖌️ https://t.co…
RT @MaxJerneck: @Fullantho @M_C_Klein @NathanTankus @jonsindreu @_Financeguy @JWMason1 @MonaAli_NY_US @AltSpinelli @jeuasommenulle @Daniela…
Men yoked to the plow: First generation of Xinjiang Production and Construction Corp labour “ate bitterness”. beijingcream.com/2014/07/dfxj-t… For the current situation see economist.com/business/2020/… https://t.co/vYKvNX3Tf1
1st phase Franco-Prussian war ends at Sedan. Why was French army so far North & not in front of Paris? MacMahon was attempting to relieve
China’s era of trade surpluses began in 2000. Twenty years on, it is heading towards a record. @SoberLook thedailyshot.com/category/the-d… https://t.co/uXbbZDmd0T
RT @ONS: We’ve seen a drop in the number of girls named Alexa from 332 in 2016 to just 39 in 2019, possibly as a
Aug 25 1870: German forces that are heading for Paris realize that Fr Gen MacMahon is driving NE via Sedan to relieve Metz -> initiate
Since 2005, negative sentiment towards China has hugely increased in the US: 81% of older Americans are now hostile to China v. 56% of those
Pimco is closing its Emerging Markets Currency and Short-Term Investments Fund after it made significant losses and suffered fund withdrawals. ft.com/content/5075e9… https://t.co/A1rWkj8gAh
"The world has few more Orwellian conglomerates than the Xinjiang Production and Construction Corps: c. 3m-strong paramilitary-style business”: 100k security guards, 400k cotton farmers producing
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