It was a pleasure advising @AnnikaCBrooks on her recent research post on COVID's impact on US Income Inequality. It's also a great look at the newly released state distribution of disposable personal income data from the Bureau of Economic Analysis. https://t.co/YaY3Qf4cTY
I started this month’s labor market outlook with an opening line that characterized April’s extraordinary amount of economic policy ‘doublethink.’
“It was a bright cold day in April, and the clocks were striking thirteen.” - George Orwell
April's employment report may not reflect the full impact of recent policies, as demand remains strong. However, hiring intentions are down and layoffs are increasing, signaling future labor market effects.
More➡️https://t.co/WiaKbacHiY
#Employment#Economy#NatixisResearch
Great webinar in a week's time with @NatixisResearch and @JonathanPingle, who built the data I use all the time that track oil tankers out of Russia's ports, coding up a web crawler to identify their true owners. He's also one of the best payrolls forecasters on Wall Street...
For 2 great years, @JonathanPingle worked with me on everything from the US labor market to tracking global oil tankers out of Russia. Now he’s at @NatixisResearch and giving his wonderful @UBS dad a run for the money. So proud… https://t.co/isABV5lMUS
Today's the last day at @IIF of @JonathanPingle, the amazing and wonderful mind behind our oil tanker web crawler, which shed so much light on Greek oil tanker oligarchs. We wish you all the best and thank you! If you love data and want to work with @econchart and me, email us...
“Everybody sees [price] declines around the corner,” General Motors Co. finance chief Paul Jacobson said of American consumers’ willingness to spend big on new cars, which continued in the latest quarter.
“That corner just keeps getting further and further out.”
Today's March CPI is the most dovish we've seen in a while. Our super core (blue) rose from mid-2022 on and stayed high through Feb. 2023 data. This ended with today's print. Super core is the weakest since H1 2022. The US inflation scare may finally be over. With @JonathanPingle
First indications of profit margins starting to moderate - but historically still high for policy comfort. Note high profits particularly in Europe @Isabel_Schnabel
V good research @RobinBrooksIIF @JonathanPingle@porszag