rdmullin.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

www.wsj.com/business/the...

submitted 3 hours ago • 0 comments

This is exactly what we need from all our members of Congress—SHOW UP. Thank you, Reps @gomez.house.gov , @repluzrivas.bsky.social , @ntorres35.bsky.social , and Lou Correa for showing up at the Federal Building to demand answers amid reports of inhumane conditions: no beds, no food, no water.

submitted 1 day ago • 117 comments

This IEA graphic shows how global sales of electric vehicles & improved efficiency of combustion vehicles (eg hybrids) is slashing growth in global oil demand. Use in road transport has peaked & likely to soon post annual declines. Aviation & petro-chemical feedstocks only drivers of growth now.🔌💡🔌🚗

submitted 2 days ago • 9 comments

Will Austin become the worst U.S. metro real estate market for the remainder of 2025?

submitted 2 days ago • 0 comments

Most people think trade is “cars for wine.” But the moment you realize that trade is mostly in intermediate goods—stuff like steel, or aluminum—your whole perspective changes. Tariffs aren’t taxes on “them.” They’re taxes on your own country's production line.

submitted 2 days ago • 19 comments

Extremely bad news is right. And I worry the same forces are coming for federal health care data.

submitted 2 days ago • 1 comment

One question I get asked a lot these days is whether we can still trust the economic data coming out of this administration. My answer is yes -- but with some caveats. www.nytimes.com/2025/06/06/b...

submitted 3 days ago • 10 comments

Time to update this compilation of the most important recession indicators. Perhaps the best headline is: "Mixed signals."

submitted 3 days ago • 12 comments

The May #jobsreport shows the job market standing tall amid headwinds but ultimately still waiting for the tariff shoe to drop. -Payrolls up 139,000 (prior 2 months revised down 95,000 in sum) -Unemp flat at 4.2% -Wage growth flat at 3.9% YoY #NumbersDay 1/

submitted 3 days ago • 1 comment

A boring jobs report, in a good way. 139K jobs added (140K private). Unemployment rate unchanged at 4.2%. Hours unchanged. Only notable deviations from steady state were participation down and unusual wage growth up.

submitted 3 days ago • 2 comments

Happy #JobsDay! At 8:30 am ET, BLS delivers one of the most-important signals abt how economy is changing. Forecasts’ center: +125K jobs Unemployment rate (UR) stable at 4.2%

submitted 3 days ago • 1 comment

America’s Summer Hot Spots Wonder: Will the Vacationers Still Come? www.nytimes.com/2025/06/05/b...

submitted 3 days ago • 0 comments

Some economists are beginning to question the accuracy of recent U.S. inflation data after the federal government said staffing shortages hampered its ability to conduct a massive monthly survey. www.wsj.com/economy/cpi-...

submitted 4 days ago • 0 comments

Four major automakers are racing to find workarounds to China’s stranglehold on rare-earth magnets, which they fear could force them to shut down some car production within weeks

submitted 5 days ago • 5 comments

This isn't good: "BLS is reducing sample in areas across the country. In April, BLS suspended CPI data collection entirely in Lincoln, NE, and Provo, UT. In June, BLS suspended collection entirely in Buffalo, NY." #EconSky www.bls.gov/cpi/notices/...

submitted 5 days ago • 16 comments

The carmaker that kicked the Model 3's ass in China is going to launch its answer to the Model Y shortly. The price is rumored to be $32,820, or 10% cheaper than the "refreshed" Model Y, but has 17% longer range. $TSLA is no longer a player in China. Game over.

submitted 6 days ago • 7 comments

These are all job offers for remote operators to drive Tesla robotaxis so they look "driverless" and don't crash. 1/2

submitted 7 days ago • 2 comments

The Housing Market Was Supposed to Recover This Year. What Happened? www.nytimes.com/2025/06/02/r...

submitted 6 days ago • 0 comments

Economists studying monopsony and the minimum wage need to account for labor market size and the urban wage premium, from Priyaranjan Jha, Jyotsana Kala, ‪@neumarkecon.bsky.social, and Antonio Rodriguez-Lopez https://www.nber.org/papers/w33862

submitted 6 days ago • 0 comments

America is becoming less attractive to global investors at a time when its government needs them more than ever 🎥

submitted 6 days ago • 6 comments

More than a century after the Tulsa Race Massacre of 1921, one of the most horrific episodes of racial violence in U.S. history, the city’s mayor announced a $105 million reparations package on Sunday. It is the first large-scale plan committing funds to address the impact of the atrocity.

submitted 7 days ago • 379 comments

youtube.com/watch?v=GTHK...

submitted 7 days ago • 0 comments

www.wsj.com/tech/persona...

submitted 7 days ago • 0 comments

There's a lot of day-to-day economic noise. But to keep your eye on what really matters, ask yourself: What makes some countries rich, and others poor? And keep your eyes on those factors, because they're the ones that'll really matter in the long run.

submitted 8 days ago • 12 comments

The Good, the Badass, and the Ugly.

submitted 9 days ago • 0 comments

The 2018 steel tariffs just called to remind you that steel is produced by a tiny sliver of the economy, but used as an input by a much broader swathe of manufacturers. econofact.org/steel-tariff...

submitted 9 days ago • 42 comments

Without using economics jargon, Justin Wolfers gives an excellent brief explanation of how price elasticities of demand and supply determine who bears the burden of a tariff.

submitted 9 days ago • 0 comments

I'm having a hard time getting worked up about the dollar decline given: 1. It remains very strong 2. Much of the fall is reversing the earlier run-up 3. We've seen this type of move many times before (To be clear, some financial correlations & risk spreads are a bit worrying.)

submitted 9 days ago • 1 comment

Volvo suspends production at SC plant citing parts shortages scdailygazette.com/2025/05/30/v...

submitted 10 days ago • 23 comments

This is the key thing to understand—there's no such thing as an all-American car. Even US-brand-US-assembled models don't use anything close to 100% American content. Trying to do autarky for car parts is totally unrealistic and just going to drive up costs and hurt domestic manufacturing.

submitted 10 days ago • 10 comments

Costco said its team of buyers monitored prices on goods like butter and eggs "hourly" and rerouted imports to avoid US tariffs.

submitted 10 days ago • 0 comments

Redfin says there are 500,000 more home sellers than buyers, the biggest disparity on record (going back to 2013): www.redfin.com/news/sellers...

submitted 11 days ago • 16 comments

"There's not a hope in hell that anyone's gonna strike a deal with the United States right now. They don't know what it is that the President's threatening, and they don't know what it is that the President could threaten."

submitted 10 days ago • 17 comments

submitted 12 days ago • 41 comments

A letter — signed by 12 long-term institutional investors that together manage about $950bn in Tesla's assets — calls for corporate governance reforms to address a 'crisis' at the carmaker. www.ft.com/content/6b52...

submitted 12 days ago • 1328 comments

www.wsj.com/tech/ai/ai-f...

submitted 12 days ago • 0 comments

submitted 13 days ago • 860 comments

Stata users will get a kick out of this: @statacorp.bsky.social v1.0 (released January 1985) only had these 44 commands. Source: stata-journal.com/sj5-1.html

submitted 13 days ago • 5 comments