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joelsuss.ft.com
Data journalist, Financial Times | Visiting Fellow, London School of Economics [email protected]
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The Atlanta Fed's US GDP now estimate has fallen off a cliff into contraction territory

to clarify: Trump is refusing to take sides over a war in which North Korea and Iran are backing one side and all of NATO has been backing the other

“They could have saved you, but preferred revenge”. The uncle of the young Bibas children killed in Gaza eulogises them and laments Israel’s hostage strategy on.ft.com/4ijuVTF

Trump’s “provocations have sparked a wave of anger and patriotism in Canada, undermining the popularity of Trump-aligned opposition leader Pierre Poilievre and revitalising a Liberal party seen to be standing up to the US president.” on.ft.com/4h2QJBV

My first thought was that this is more preemptive compliance with Trump authoritarianism, bringing editorial freedom at WaPo to heel, but the defence of free markets clearly contrary to Tariff man’s trade policies

SCOOP: WaPo Opinion editor David Shipley is out. Jeff Bezos emails staff about a change to Post Opinions: "We are going to be writing every day in support and defense of two pillars: personal liberties and free markets."

Incredible — all the issues Canadians complained about, perhaps chief among theme cost of living, are now secondary to the Trump existential threat

Martin Wolf in top form: "The US is now the enemy of the west". Including some eye-opening figures, like this one on the relatively larger contribution to Ukraine from Europe on.ft.com/4i9k5ze

"Remote sensing scientist applied to news" sounds like an amazing job:

Startling to see how the young in Germany are turning to the political extremes (AfD, Die Linke) on.ft.com/3XgGliG Five takeaways from Germany’s historic election — in charts

Worried there will be a lot more of these stories to come. Will Trump abandon Taiwan as he has Ukraine? on.ft.com/3D83NYQ Taiwan catches Chinese-owned ship in act of cutting subsea cable

More and more Russian grandfathers dying in combat in Ukraine, many likely heeding call to ‘volunteer’ due to growing cash incentives offered in poor regions on.ft.com/3ETaRcg The Russian over-50s fighting and dying in Ukraine

The youth gender divide is real and important, but it can mask the fact that the populist right is gaining ground among young women as well as young men in many countries (this was also true in the US). AfD tripled their vote share among 18-24 year old men, but the same was true of young women.

Corporate earnings calls getting very angsty about trade on.ft.com/4bjvxGn

This morning at Dept of Housing and Urban Development (HUD) HQ in DC as mandatory return to office began, this video played on loop for ~5 mins on screens throughout the building, per agency source. Building staff couldn’t figure out how to turn it off so sent people to every floor to unplug TVs.

❗❗❗ former leader of Reform UK in Wales has appeared in court accused of accepting bribes in exchange for making statements in the European Parliament that would benefit Russia, a court has heard www.bbc.co.uk/news/article...

The corporate world initially embraced Trump's re-election, with stock markets and the dollar rallying. But companies are increasingly unnerved by Trump tariffs and uncertainty -- talk of trade risk has skyrocketed in corporate earnings calls on.ft.com/41bR9js

NEW: updated long-run gap in voting between young men and women in Germany: Gender divide continues to widen, but contrary to what is often assumed, young men continue to vote roughly in line with the overall population, while young women have swung sharply left. www.ft.com/content/29fd...

This is interesting — there are two economies in the US due to inequality. Top 10% of earners ($250k+) are doing great and spending, accounting for nearly 50% total spending and 1/3 of GDP www.wsj.com/economy/cons...

This week's column, on what a bad / dumb idea it is to turn everything into a political football on.ft.com/4iaax7o [GIFT LINK]

Ian Fleming's original James Bond novels haven't aged well. For example, Moonraker - published almost exactly 70 years ago in April 1955 - features a villain who's a super-rich industrialist and rocket-maker seeking to cause chaos because he's a secret Nazi. Such a silly idea!

Is corporate America souring on Trump? My latest in @financialtimes.com on the huge increase in talk of trade risk in company earnings call: on.ft.com/41apYp1

People keep asking me why markets are like "it's the end of the world as we know it, and I feel fine" Anyway here's my answer on.ft.com/43ddxvz

Scott Bessent writes in the FT to ‘make clear’ the economic partnership with Ukraine proposed by Trump. But not much clarity on what this actually would involve (50% of mineral rights or not?) and he says nothing about security and territorial integrity on.ft.com/4k4uRsB

I would just like to point out this company with <$3.6 mil> in 2024 revenues just paid the top 3 executives <$90 mil> in compensation for that same year. A top ten all time grift. Hagw!

Justice Dept. to Drop Discrimination Case Against Elon Musk’s SpaceX www.nytimes.com/2025/02/20/u...

"I just hope Canada is proud. Cause every player in that room is proud to be a Canadian…Canada needed a win. The players beared that on their shoulders & took it seriously. This one was different. This wasn't a win for themselves. This was a win for 40+ million people...” - Coach Jon Cooper 🇨🇦

It’s hard not to read this news and conclude that they were fired for being female or black. That is in the end what the reverse of DEI is www.nytimes.com/2025/02/21/u...

Head coach 🍁🏒Jon Cooper said: “I just hope Canada is proud because every player in that room is proud to be Canadian... This one was different, this wasn’t a win for themselves, this was a win for 40+million people and the guys knew it and they delivered.” ❤️🇨🇦🥇🏆❤️🇨🇦

Worth noting Trump approval ratings are far lower than Biden's at this point in presidency. And inaugural approval ratings lowest out of any president since 1950s More excellent figures here: on.ft.com/4189Q7E

This is really excellent. Donald Trump’s first month in charts: tepid approval ratings, huge number of executive orders & lawsuits, and not enough on inflation on.ft.com/4189Q7E

The latest Economics Show w/ @draliceevans.bsky.social & @jburnmurdoch.ft.com is going straight onto my course ‘reading’ list podcasts.apple.com/gb/podcast/t...

Amazing win last night by Canada over the US in OT🍁 Especially so given: 'White House press secretary Karoline Leavitt said the president would be “watching for the US to win. And we look forward to the US beating our soon-to-be 51st state, Canada"' www.theglobeandmail.com/sports/hocke...

This is really interesting - superforecasters are currently beating financial markets in predicting monetary policy on.ft.com/4gSspT7

New from @propublica.org: We studied a massive set of hospital discharge data to see what happened after Texas banned abortion. …

This was nice to write, an escape from the depressing headlines these days: superforecasters -- a group of laypeople with special aptitude for making predictions --continue to beat the market when it comes to anticipating Fed rate decisions on.ft.com/4hQbJ00

If Zelenskyy really was a dictator then surely Trump would love him? on.ft.com/41quIsg

Every line of this is gold.

Actual headlines in the past week.