alex
@actopcorner.bsky.social
macro. fixed income guy with a terrible habit (COYS).
Reposted by alex
We got a new Christmas tree, and I think there's a good chance its technology is more advanced than the first shuttle to the moon.
December 7, 2024 at 2:35 PM
We got a new Christmas tree, and I think there's a good chance its technology is more advanced than the first shuttle to the moon.
Hot take: if your bite size is only $16mm of savings per efficiency project for the federal government, it's not really worth trying.
It's true: X is a very powerful platform IF YOU POST THINGS THAT PROMOTE MUSK OR HIS POLITICAL IDEOLOGY
It's when you try to post anything else that you run into problems.
It's when you try to post anything else that you run into problems.
December 6, 2024 at 3:41 PM
Hot take: if your bite size is only $16mm of savings per efficiency project for the federal government, it's not really worth trying.
Reposted by alex
I wouldn't call it freezing cold but the labor market looks "concerningly cool"
The prime-age employment rate fell for the second straight month by a sizable chunk. Down to 80.4% in November from 80.9% in October
Saw something similar in 2023Q4 but reasons to be cautious rn
The prime-age employment rate fell for the second straight month by a sizable chunk. Down to 80.4% in November from 80.9% in October
Saw something similar in 2023Q4 but reasons to be cautious rn
December 6, 2024 at 1:39 PM
I wouldn't call it freezing cold but the labor market looks "concerningly cool"
The prime-age employment rate fell for the second straight month by a sizable chunk. Down to 80.4% in November from 80.9% in October
Saw something similar in 2023Q4 but reasons to be cautious rn
The prime-age employment rate fell for the second straight month by a sizable chunk. Down to 80.4% in November from 80.9% in October
Saw something similar in 2023Q4 but reasons to be cautious rn
Reposted by alex
Robert Lighthizer seemed like a shoo-in for a senior role in the Trump administration.
But he is expected to go home empty-handed after he expressed reluctance to engage in the behind-the-scenes jockeying that helped his competitors land crucial cabinet postings www.wsj.com/politics/pol...
But he is expected to go home empty-handed after he expressed reluctance to engage in the behind-the-scenes jockeying that helped his competitors land crucial cabinet postings www.wsj.com/politics/pol...
How Robert Lighthizer Got Shut Out of Trump’s Cabinet
Donald Trump’s former trade chief was hoping to run Treasury or the Commerce Department, but his prospects faded as other candidates emerged.
www.wsj.com
December 3, 2024 at 11:18 PM
Robert Lighthizer seemed like a shoo-in for a senior role in the Trump administration.
But he is expected to go home empty-handed after he expressed reluctance to engage in the behind-the-scenes jockeying that helped his competitors land crucial cabinet postings www.wsj.com/politics/pol...
But he is expected to go home empty-handed after he expressed reluctance to engage in the behind-the-scenes jockeying that helped his competitors land crucial cabinet postings www.wsj.com/politics/pol...
Alright who's copping the @employamerica.bsky.social shearling denim jacket @skandaamarnath.bsky.social
December 3, 2024 at 5:58 PM
Alright who's copping the @employamerica.bsky.social shearling denim jacket @skandaamarnath.bsky.social
Reposted by alex
![South Korea's Yoon Declares Martial Law in Emergency Address
By Soo-Hyang Choi
12/03/2024 08:47:12 [BN]
(Bloomberg) -- South Korean President Yoon Suk Yeol declared martial law on Tuesday in an emergency national address televised live.
Yoon said the decision was made to protect freedom and constitutional order, as he accused the opposition of trying to paralyze the administration with impeachment moves.
To contact the reporter on this story:
Soo-Hyang Choi in Seoul at schoi437@bloomberg.net
To contact the editor responsible for this story:](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:pnx2fjuannbdpy3337ggthpp/bafkreiafourm4kjfkuwtbx3nrdxkmgwdm5rb232bj2z3fpkbc4zbtij3kq@jpeg)
We did it, we made Thanksgiving woke.
November 29, 2024 at 3:55 AM
We did it, we made Thanksgiving woke.
Reposted by alex
Reminder: when ECB policymakers now refer to “the more dynamic regions of the euro area” they are talking about Spain, Portugal, Italy and Greece.
www.ecb.europa.eu/press/key/da...
www.ecb.europa.eu/press/key/da...
November 28, 2024 at 9:43 AM
Reminder: when ECB policymakers now refer to “the more dynamic regions of the euro area” they are talking about Spain, Portugal, Italy and Greece.
www.ecb.europa.eu/press/key/da...
www.ecb.europa.eu/press/key/da...
The 10y yield is below where it was the day before the election
November 27, 2024 at 1:32 PM
The 10y yield is below where it was the day before the election
btw at the same time Fed hawkishness is moderating
November 27, 2024 at 3:57 AM
btw at the same time Fed hawkishness is moderating
This is nothing more than accounting identity but it is the easiest way to make people in markets or the incoming administration mad
Shrinking the deficit rapidly is terrible for corporate earnings.
November 25, 2024 at 9:39 PM
This is nothing more than accounting identity but it is the easiest way to make people in markets or the incoming administration mad
Let's not forget about the OG Medicare frauster
November 18, 2024 at 5:44 PM
Let's not forget about the OG Medicare frauster
One massive headwind for growth is mortgage rates. Not as high as in April, but housing affordability has been getting even worse just as wage growth continues to fall. Add uncertainty over the last four years of easing eligibility from Agencies, it's tough to see housing helping growth anytime soon
November 15, 2024 at 3:04 AM
One massive headwind for growth is mortgage rates. Not as high as in April, but housing affordability has been getting even worse just as wage growth continues to fall. Add uncertainty over the last four years of easing eligibility from Agencies, it's tough to see housing helping growth anytime soon
Reposted by alex
Median job-switcher wage growth is now the same as job-stayer wage growth. #NumbersDay
November 13, 2024 at 6:10 PM
Median job-switcher wage growth is now the same as job-stayer wage growth. #NumbersDay
I'm not deep in the lore but how come bsky doesn't have trolls and bots and stuff yet?
November 13, 2024 at 4:01 PM
I'm not deep in the lore but how come bsky doesn't have trolls and bots and stuff yet?
The neocons are back in the henhouse
Donald Trump’s selection of Pete Hegseth as defense secretary puts the world’s most powerful military in the hands of the least experienced leader it’s had in decades
Trump Puts Allies on Alert by Handing Pentagon to Fox News Host
Donald Trump’s selection of Pete Hegseth as defense secretary puts the world’s most powerful military in the hands of the least experienced leader it’s had in decades.
www.bloomberg.com
November 13, 2024 at 2:17 PM
The neocons are back in the henhouse
First estimates of core pce coming in at 0.218% m/m. Would be a healthly number for more Fed cuts.
November 13, 2024 at 2:12 PM
First estimates of core pce coming in at 0.218% m/m. Would be a healthly number for more Fed cuts.
Reposted by alex
Back trying to watch and post here again, it's been a while! It's been a while since I've put ideas into the ether this way so I am quite rusty.
November 13, 2024 at 3:47 AM
Back trying to watch and post here again, it's been a while! It's been a while since I've put ideas into the ether this way so I am quite rusty.
Fundamentally financial markets are replaying their November 2016 - January 2017 playbook right now. Rates up, stocks up, spreads tighter. But the initial conditions of growth and the labor market are different - they're both weakening (not weak!) and Fed policy is tight.
November 13, 2024 at 3:43 AM
Fundamentally financial markets are replaying their November 2016 - January 2017 playbook right now. Rates up, stocks up, spreads tighter. But the initial conditions of growth and the labor market are different - they're both weakening (not weak!) and Fed policy is tight.
when u hear labor market prognosticators
July 8, 2023 at 11:08 PM
when u hear labor market prognosticators