MORGAN STANLEY: “.. Immigration averaged about 3mn per year in 2022-24 .. “We think immigration falls to 1mn this year and only 500,000 next year. .. Slower immigration could pull short-run potential GDP growth down from 2.5-3.0% in 2022-24 to 2.0% this year and 1-1.5% next.” - ThreadSky

carlquintanilla.bsky.social • 2 days ago

MORGAN STANLEY: “.. Immigration averaged about 3mn per year in 2022-24 ..

“We think immigration falls to 1mn this year and only 500,000 next year. .. Slower immigration could pull short-run potential GDP growth down from 2.5-3.0% in 2022-24 to 2.0% this year and 1-1.5% next.”

Comments

billybotaire.bsky.social•2 days ago

We are currently in the eff around portion of the cycle, the find out bit won’t be as fun for anyone, including those revelling today.

billybotaire.bsky.social•1 day ago

Curious what happens when the current earning season ends and we are running on nothing but bat-poop crazy headlines. Even more interested to see how many uncertainty-paralyzed businesses report in Q1. Finance bros may have to inflate their vests.

burl77.bsky.social•1 day ago

3-3-3 Bessent plan looks on very thin ice. Add in the level of chaos in DC now , thanks to Trump and his handler Musk, the probability that the ice breaks is not insignificant.

ithoughticould.bsky.social•2 days ago

And yet major investment houses are touting a potential increase in stock indices in the short term, almost like they're playing pump and dump with the entire market.

freerangemink.bsky.social•1 day ago

The entire shootin' match.

mreddie8976.bsky.social•2 days ago

Let's see, what do they call that when GDP is slowing and inflation is increasing?

Oh yeah, Stagflation...

By this time next year, the media will be talking about the "Misery Index"

jordanfalk.bsky.social•2 days ago

MAGA: “all these predictable negative consequences of my malicious and careless actions, what the fuck?!”

impulse-buyer.bsky.social•1 day ago

But if MAGA Americans would stop
jerking off to porn, the birth rate would increase, right?!

briandw.bsky.social•2 days ago

All of the issues Trump has with nations comes down to who says yes to a Trump Tower. All Mexico, Canada, Germany, and Ukraine have to do is put a TT in their capital. A new hotel in Kiev or Mexico City will change everything.

pj9491.bsky.social•2 days ago

And republicans don’t know that?

lakerider.bsky.social•2 days ago

Immigration is vital to the US economy. Bigotry is the enemy.

danamasse.bsky.social•1 day ago

Make America Last policy

crashdive625.bsky.social•1 day ago

Deportation is going to suck the lifeblood out of the US economy. Add tariffs, counter-tariffs, and sanctions now being imposed on the US by our allies, Donnie will succeed in producing a recession at best, but likely a depression.

ladyoutside.bsky.social•2 days ago

But Dimon refuses to be publicly critical of his king.

skyla50.bsky.social•2 days ago

Forbes- 🤔

Immigrants Will Be America’s Only Source Of Labor Force Growth

https://www.forbes.com/sites/stuartanderson/2024/10/16/immigrants-will-be-americas-only-source-of-labor-force-growth/

remarkable59.bsky.social•2 days ago

Myth: Immigrants are destroying our country
Truth: immigrants are essential to the country and add to our economic prosperity.

spartan47.bsky.social•2 days ago

Yes! Musk is!

sarahb1111.bsky.social•2 days ago

The GOP better start cutting Defense spending. 😂

appoo-pratt.bsky.social•2 days ago

MASA - Make America Stagnant Again

grainneproinseas.bsky.social•2 days ago

I thought capitalists liked growth 🤔 weird they keep kissing the ring oh wait they’re nutless wonders just like everyone else who has leverage and could use it to save us all but won’t