Luigi Zingales

Economista presso la Chicago Booth School of Business

[Luigi Zingales @zingales_]

Legge di Bilancio: ipotesi Irpef ridotta, rottamazione light e nuove misure per famiglie e lavoro
Sono i punti di cui si è discusso nel corso del vertice dei leader di maggioranza a Palazzo Chigi in vista del varo del testo sulla Manovra atteso lunedì 13 ottobre in Cdm

[Luigi Zingales @zingales_]

Bitcoin crossed above $126,000 today for the first time, its 18th $1,000 milestone of the year. $BTC https://t.co/Z6jw2v28Wb

[Luigi Zingales @zingales_]

Surprise: The US Trade deficit hit a record -$583 billion in the first half of 2025, a 38% increase from the first half of 2024. Real tariff impact remains to be seen because of the massive front-running that occurred before they were implemented.

[Luigi Zingales @zingales_]

July CPI is the big release this week.

Core prices are expected to have risen 0.31%, which would bring the 12-month increase to 3.1% (from 2.9% in June and 2.8% in May).

Headline prices are expected to have risen 0.24%, which would lift the 12-month measure to 2.8%.

[Luigi Zingales @zingales_]

Bitcoin returns since 2010... $BTC

[Luigi Zingales @zingales_]

Volano gli utili di Apple, nonostante i dazi
Durante la conference call sui risultati finanziari, l'amministratore delegato Tim Cook ha stimato il costo di questi dazi a 1,1 miliardi di dollari per il trimestre in corso
#iPhone

[Luigi Zingales @zingales_]

NewPrinces compra il 100% di Carrefour Italia per un miliardo

[Luigi Zingales @zingales_]

Prossimi 6 mesi Borsa italiana: ottimismo prudente, range 38.000-42.500. Opportunità strutturali in finanza, energia, tech; rischi tariffari/debitorii da monitorare. Strategia: bilanciare utility energia verde/difesa (offensiva). Chiave: politica BCE + negoziati tariffari Usa-EU.

[Luigi Zingales @zingales_]

Facebook cofounder
@chrishughes
discusses the government’s historical role in marketcrafting with #Capitalisnt hosts
@zingales_
and
@bethanymac12
.https://t.co/sTqfVFd049

[Luigi Zingales @zingales_]

Bonds + Gold > Stocks

[Luigi Zingales @zingales_]

Another good stress test this week on whether BTC or Gold serve as a better contra-currency hedge to the risk of US running monetary policy that's too easy. When news broke about firing JP, gold surged and bitcoin did nothing.

[Luigi Zingales @zingales_]

''The USD has stopped going down'' crowd often forgets that other fiat currencies are just one release valve for this trade

Precious metals, long-end yields and crypto are also key release valves for ''debase-and-run-it-hot'' policies

This macro theme rermains intact for now

[Luigi Zingales @zingales_]

Average US family health insurance premium...
2000: $6k
2003: $9k
2006: $11k
2009: $13k
2012: $16k
2015: $18k
2018: $20k
2021: $22k
2024: $26k

That's a 342% increase since 1999 (6.1% per year).

(Note: US CPI inflation has increased 2.5%/year)

[Luigi Zingales @zingales_]

Meanwhile, inflation expectations are at their highest level since February and are trending upward.

[Luigi Zingales @zingales_]

June CPI is expected to show core prices rose 0.25%, which would bring the 12-month increase to 2.9% (from 2.8% in May).

Headline prices are expected to have risen 0.27%, which would lift the 12-month measure to 2.6% from 2.4% in May.

[Luigi Zingales @zingales_]

Incredible: Bitcoin's market cap has surged past both Google and Amazon. $2.44 Trillion...
$BTC $GOOGL $AMZN

[Luigi Zingales @zingales_]

Con vincite superiori al 15% a luglio, questi titoli scelti dall'IA sono ora in rialzo del 114%
https://t.co/DQkokQ42Gw

[Luigi Zingales @zingales_]

$ETH keeps pushing higher.

Ethereum is going to $4,000. Pullbacks are for bidding. 🤝

[Nick Timiraos @NickTimiraos]

Penn’s Peter Conti-Brown: “We are in a high-stakes moment in the history of the Federal Reserve.”

“It seems clear to me that the Trump administration, using various mechanisms, [has] now cooked up a post-hoc explanation for Powell’s removal.”

https://t.co/12qxkketT4

[Luigi Zingales @zingales_]

So many folks certain foreigners pay the tariffs based on a single JPN auto export data series that is 1) unrelated to US auto import prices from the region, 2) unrelated to headline import prices, and 3) represents <3% of tariff collections.