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linesdown.bsky.social
Economic indicators for the left.
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A remarkable number from Conference Board: expectations for stock prices to move higher in the next year fell by the most since March 2020. 👀 (via Kevin Gordon)

German women in their 20s voting

The top 10% of households ($250k+ household income) now account for 50% of consumer spending: www.wsj.com/economy/cons...

COSCO SHIPPING DROPS 8.3% IN HONG KONG ON TRUMP PROPOSED SHIP FEES

to think this was 5 years ago. better vibes then tbh

a vibe shift is starting. www.tomshardware.com/tech-industr...

i am mystified by the influence of noah smith, among the most ignorant and incurious people i have ever seen on the internet. just a total dummy.

“S&P 500 Consumer Discretionary sector has wiped out all gains since the end of November.” (via Kevin Gordon)

Despite the US labor market being in decent shape, recent grads are struggling to break into the professional world. And the prestige of the Alma matter or degree doesn’t seem to help much either. Subscribe for more from Chartbook: tinyurl.com/yetxumzm.

US services activity slips into contraction in February per the S&P Global Flash PMI, 49.7 vs 52.9 prior and 53.0 expected. Manufacturing was firmer, 51.6 versus 51.2 prior.

"Acer Becomes The First Manufacturer To Announce 10% Price Increase On Consumer Products Amid Trump Tariffs; ASUS, HP & Dell To Likely Follow" https://buff.ly/3EOqcuJ

The US stock market, not doing so hot since the election by comparison

STORY + DATA: The scale of Canadian efforts to boycott US goods is becoming clear. New border data shows crossborder traffic has utterly plummeted in the last month. Southbound traffic during the recent holiday weekend dropped by more than 40% from last year. fvcurrent.com/p/border-tra...

WFH increases productivity by 12% in the public sector. papers.ssrn.com/sol3/papers....

More homes for sale being pulled from the market, demand for mortgages slowing.

Yield curves are steepening in Europe as investors focus on growing sovereign debt issuance, with defence spending pledges seen as the latest catalyst for those running steepener trades 📈 www.ft.com/content/a13e... [with fixed link]

one month since trump and melania released their memecoins, let's check in on those trading prices

democrats won’t admit it, but my family’s economic outlook has gotten a LOT better since Trump took office. but what do i know? i don’t have a fancy economics degree, i’m just a regular guy who runs an airplane scrapyard

The Federal Reserve is not as independent from the executive branch as we’d like to think. The NY Fed just cancelled this Thursday’s @aeacswep.bsky.social reception at #EEA2025 and withdrew from our summer fellowship program. Both support women and underrepresented groups in economics. #EconSky

Me, when people wonder why Germany has special laws on political speech

Deutsche Bank's forecast for US inflation has Core PCE above 2% into 2028

Nomura analytics expects the core PCE, the Fed’s preferred inflation gauge, to have accelerated last month

the jacket from drive except instead of a scorpion on the back it is the word "Drive"

Gorsuch gonna impeach Trump himself when he hears this

Everything in the news reminds me of one of my favourite Wikipedia pages. There are some real winners in here: en.wikipedia.org/wiki/Aeroflo...

Ls in the chat

Net Support For The US Taking Over: Panama Canal: -5% Greenland: -21% Canada: -34% Gaza: -39% Data For Progress / Feb 9, 2025 / n=1201

Eggs! 📈

YOU GET A NUCLEAR WEAPON AND YOU GET A NUCLEAR WEAPON AND YOU GET A NUCLEAR WEAPON! EVERYONE GETS A NUCLEAR WEAPON!

CPI top lines

making money moves

Reads Keynes’ General Theory “what if we did this, but the other direction?”

But in a joyful way right?

I'm a one-issue voter and it's "we absolutely need to let banks do mortgage fraud again, it's important." So this is a pretty big day for me.

If Musk's goons are let loose on the Fed, then we might finally get to see some actual bond vigilantes. www.ft.com/content/5d69...

Today's annual benchmark revisions to jobs data turned tech job growth from bad to worse—instead of only slow growth from late 2023 through 2024, the industry has actually been losing jobs at a rate not seen since the Great Recession

* another intraday all-time high .. more than doubling in the last year @cnbc.com

Shares down 7%+, buckle up *ALPHABET 4Q GOOGLE CLOUD REV. $11.96B, EST. $12.19B *ALPHABET 4Q REV. EX-TAC $81.62B, EST. $82.82B *ALPHABET SEES 2025 CAPEX ABOUT $75B, EST. $57.9B