August 6, 2022
RT @KwekuOA: Another thread on classic industrial R&D labs. Bell Labs was the birthplace of information theory. Nine Nobel prizes(!) and fo…
RT @KwekuOA: Another thread on classic industrial R&D labs. Bell Labs was the birthplace of information theory. Nine Nobel prizes(!) and fo…
On the face of it you would think that France's nuclear-centric energy strategy would put it in good stead in the current crisis. But instead a series of mishaps and overdue maintenance are in fact compounding the crisis. thedailyshot.com/2022/08/05/ini… https://t.co/t9FG6IW1Vt
RT @EricLevitz: It sucks that Sinema took the IRA hostage to liberate hedge-fund managers from marginally higher taxes. But it does look li…
RT @JustinWolfers: The unemployment rate — and the number of unemployed people — are now back below their pre-pandemic (Feb 2020) levels.…
RT @EricLevitz: imo, a world-historic pandemic was always going to deal a significant economic blow, and the way we've chosen to pay for it…
RT @EricLevitz: Most politicians (even Republican ones) avoid publicly declaring that they will fight like hell to preserve tax breaks for…
If I dont misread this graph, it is telling us that German industrial production peaked in 2017 and is lower today than in 2015. thedailyshot.com/2022/08/05/ini… https://t.co/FyaNpx48vH
RT @SelvaBaziki: We estimate that the Central Bank of the Republic of Turkey may have intervened as much as $66 billion in FX markets this…
RT @JWMason1: Great to see @PEWilliams_ and his new Center for Public Enterprise in the Times, making the case for public ownership. https:…
RT @APHClarkson: It's hilarious watching the US Right cheer the anti-globalist shtick of a leader whose ministers are currently begging the…
RT @toddntucker: TAKE THE W Dems are "scrambling to find new revenue sources to meet the goal of saving $300 billion over a decade. One id…
RT @ninaturner: Overdraft fees were created in 1990. Credit scores were created in 1989. We can live without them.
RT @kamaufranklin: Breaking News: Albert Woodfox, veteran Black Panther Party member, was held in solitary confinement longer than any pers…
RT @robinsonmeyer: I wrote about the best evidence yet that the Inflation Reduction Act will cut U.S. emissions. Several outside research t…
RT @LionHirth: The French nuclear crisis has turned a major power exporter into an importer. https://t.co/DLfRDK6hnX
RT @NewLeftEViews: ‘No British worker aged 31 or under has ever worked in an economy with sustained average wage rises.' https://t.co/JAIVJ…
RT @heimbergecon: This interview with 🇩🇪finance minister Lindner severely restricts the scope for a reform of the EU's fiscal rules. -oppo…
RT @S_Mittermeier: By age 30 you should have at least 40 different tote bags you don‘t need but keep stuffed into one larger tote bag which…
central bankers around the world should be watching the wide-ranging review launched by the Reserve Bank of Australia into its embarrassing inflation forecasts. Wrong calls or something more systemic? Sophia Rordigues of @CentralbkIntel ft.com/content/3a7075… https://t.co/n5PHwATryF
RT @TheStalwart: 52 straight days of falling gasoline prices while the economy is adding over half a million jobs doesn't seem like stagfla…
If Ag prices are a leading indicator then US food price inflation ought to start cooling fairly soon. thedailyshot.com/2022/08/05/ini… https://t.co/o0JAoMRHdt
Ruined Syrian town of Hajar al-Aswad being used as the set for a joint Chinese-Emirati film production about Chinese rescue mission in Yemen! ft.com/content/8dbbfe… https://t.co/QWKwFDek4C
Surge in prices in the US is not just unusually rapid, there is also wide dispersion across regional economies e.g. Much more rapid in Phoenix than in NY. @TheEconomist via @SoberLook https://t.co/NkSoO7NlBN
The Lebanon-bound Razoni, which had been stuck in Odesa since Russia started its invasion of Ukraine, enters the Bosphorus strait in Istanbul on Wednesday ft.com/content/f1cdce… https://t.co/aOKJnEITrQ
Interestingly, according to calculations by @alpinemacro inflation in the 1970s (in the US?) had a huge supply as well as demand component. thedailyshot.com/2022/08/05/ini… https://t.co/tvfKHpzZ9T
China's “Big Four” asset management companies — Cinda, Huarong, Great Wall & China Orient – have hugely bloated balance sheets -> restricts their capacity for crisis-fighting. ft.com/content/261b87… https://t.co/YYFe9RmnTz
Reminder of the great news that @alexandrascaggs is back at the FT and ripping into some overhyped debate about inflation and hard landings. ft.com/content/5c7e61… https://t.co/0FAFFNiPiu
US and Eurozone inflation is not the same! thedailyshot.com/2022/08/05/ini… https://t.co/MPdndM3Ef7
After Biden & Macron woo MBS, Opec agrees an increase of only 100k barrels a day, or 0.1 per cent of global demand in extra oil production = one of the smallest oil production increases in the group’s history! Luckily for Biden prices are already off. ft.com/content/498fc9… https://t.co/MsSsdiqtCk
After securing protection for carried interest tax relief, Sinema signs on to Schumer-Manchin IRA deal. Will this now actually pass? ft.com/content/a793ff… Pairs well with Chartbook #139 adamtooze.substack.com/p/chartbook-13… https://t.co/sNlaUPvQvk
Asia had been the premium destination for LNG, with China, Japan and South Korea being the world’s three largest importers but now E Asia is competing with even higher European price. ft.com/content/93c657… https://t.co/aqPKkCMBc9
Toyota has announced a 42 per cent plunge in operating income. Surprising because historically low yen boosts income. But this is more than offset by surging material costs. ft.com/content/4ceabb… https://t.co/A0WDMQXH2d
Colombian incoming left-wing president Petro will have to walk a tighttrope in relations with the poewrful military who are still engaged in 6 live conflicts. ft.com/content/bcee15… https://t.co/0nauQ4Ao7y
Bayer has upgraded its 2022 growth and profit forecasts, capitalising on the sharp rise in food prices that has boosted demand for seeds and weedkiller. ft.com/content/e938a0… https://t.co/VyLtaybrbt
Thanks to its coal business, Glencore’s profits more than doubled to a record $18.9 bn in the first half of the year, cementing the group’s status as one of the biggest winners from the turmoil in commodity markets unleashed by the war in Ukraine. ft.com/content/5ce49d… https://t.co/Q8Vr8WfjwE
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