Τάκης Χριστοδουλόπουλος 

Caveat emptor, often fighting lost causes. Like drunks use of lamp post, most use me for support, not illumination. Not financial advice just to be clear... 🕊️

[Τάκης Χριστοδουλόπουλος  @takis2910]

US May retail sales expected to have risen 0.5% m/m or 6.3% y/y (17/6). This nominal rate incl. 5.2% "goods" inflation, thus real 🇺🇸 activity 1.1% y/y. Better than Mar & Apr but weak annual comp so def subpar. Messy (in Heaven)🎶
https://t.co/S7m7Q3FVxn

[Τάκης Χριστοδουλόπουλος  @takis2910]

@RobertTimper1 UK weekly fuel inflation in June signal an inflection. Tethered ?

[Τάκης Χριστοδουλόπουλος  @takis2910]

US chemical prices surge. Back in 2021 its was demand pull but now its cost push. Galvanise $DOW
(🎶Push the button - The Chem Bros.)
https://t.co/rq4ZIXdY5q

[Τάκης Χριστοδουλόπουλος  @takis2910]

@toiletkingcap A worthy raison d'être. Please NEVER stop, EVER !
⛓️🚽 👑

[Τάκης Χριστοδουλόπουλος  @takis2910]

US 🏭 intermediate material costs rose 2.7% m/m (9.2% y/y). This is > rate of knots than when Russia invaded Ukraine, even though now 🇺🇸 ISM prices paid "sentiment" is lower. So managers feel costs are less acute whereas in reality they're pressuring margins more. Desensitised

[Τάκης Χριστοδουλόπουλος  @takis2910]

US car brands are structurally more expensive and are inflating faster than "foreign" brands. Hence foreign automakers shift more 🚗. Capitalism in motion despite 🇺🇸 protectionism 👇
https://t.co/7W3wTuI6pq

[Τάκης Χριστοδουλόπουλος  @takis2910]

US new 🚗 sales rose in May by 1.5% y/y, 1st annual increase since Sep'25. Snag is 🇺🇸 domiciled automakers failed to enjoy uplift as $GM $F & $TSLA saw demand drop -9% (bigger/dearer offering). Asian & $STLA (Chrysler) competitors outperform. #MAGA base (loyal to their wallet)

[Τάκης Χριστοδουλόπουλος  @takis2910]

US workers real weekly earnings veer off their "natural" path. Focus on credit & BS (not only bullshit, balance sheet)

[Τάκης Χριστοδουλόπουλος  @takis2910]

@SamanthaLaDuc Little bit confused why u r comparing their commodity PPI with your CPI. Apples & アップルパイ.
🇺🇸 commodity PPI was 9.8% y/y in April. Feel free to explain i feel a little bit stupid ! 🙏

[Logan Mohtashami @LoganMohtashami]

I have a premise on this that I have been talking about on the podcast lately.
- Holidays = Impact Jan data
- Snow Storm = March data
- Homes take longer to close, and some spill over impact there
Question now, can it hold with higher rates 🫡

[Τάκης Χριστοδουλόπουλος  @takis2910]

JM Smucker raising food prices by double-digit for 9mths now over and above 🇺🇸 CPI benchmark as volumes decline. Some like to allude GLP-1 is behind Americans' repressed appetite yet mysteriously vol declines more in divisions where inflation is higher. Elasticity (sweatpants)

[Τάκης Χριστοδουλόπουλος  @takis2910]

US existing #housing transactions rise ahead of expectations. Question shouldnt be why are they rising but why werent they rising earlier in the year when mortgage rates (30yr FRMs) were cheaper. Restrictor

[Τάκης Χριστοδουλόπουλος  @takis2910]

@business Where be the 200 ✈️orders Trump brought from Chai-na?
PS. 🇪🇺Airbus received 357 net orders compared to 🇺🇸Boeing 22. Of course we know $AIR delivered 81 jets (59% y/y) relative to $BA's 60 planes (33%). Who be winning ?

[Τάκης Χριστοδουλόπουλος  @takis2910]

@piloly How excited are you gonna get when you see Tesla outgrew BYD wrt 🇪🇺 sales in May ? Of course not sure it will offset 🇺🇸 demand weakness but hey ... win is a win.

[Τάκης Χριστοδουλόπουλος  @takis2910]

@business Yeah definitely Airbus, not Boeing, letting 🌍 airlines down. Alt news 🙃

[Τάκης Χριστοδουλόπουλος  @takis2910]

@GuyDealership If your revenue figures are indeed true its damning abt level of inflation in the US tank (4give pun) cos 🇺🇸 automakers' global volume growth are pretty 💩(ex niche Tesla). Stewards (race)

[Τάκης Χριστοδουλόπουλος  @takis2910]

@toiletkingcap Bless you for liking the nonsense. Absurdism

[Τάκης Χριστοδουλόπουλος  @takis2910]

@toiletkingcap Less is definitely more when it comes to philosophy. Seems to me like Americans are do-ers rather than thinkers which has worked-out well so far. Paradox (Socratic)

[Τάκης Χριστοδουλόπουλος  @takis2910]

US Employment Situation
* Headline #NFP surprise due +60k (local) gvt jobs
* BLS private jobs = ADP survey
* Breadth worse vs April (Retail)
* 🇺🇸 in full employment since Covid recovery
* Problem is American's real earnings and gap against real consumer spend 2Q cons est
HAGW !

[Τάκης Χριστοδουλόπουλος  @takis2910]

@darioperkins Until he decides on a catchy disparaging nickname: Wacky Warsh
Wooden Warsh
What Was I Thinking Warsh