Garros Gong
@drggong.bsky.social
Born in China and educated in the West, sharing unique insights on the latest trends in business, tech, politics, and research.
Ex-Capital Markets Economist | Ph.D. in Management Science | Business Scientist
Ex-Capital Markets Economist | Ph.D. in Management Science | Business Scientist
#econsky
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
November 18, 2025 at 1:15 AM
#econsky
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
#econsky
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
October 24, 2025 at 1:47 AM
#econsky
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
#econsky
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
October 20, 2025 at 12:51 AM
#econsky
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
#econsky
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
October 9, 2025 at 4:31 AM
#econsky
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#econsky
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
October 5, 2025 at 11:54 PM
#econsky
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
#econsky
The #AI bottleneck isn’t GPUs
Recent think tank reports share a consensus: America’s aging grid is the real constraint in global AI competition.
In contrast, China’s power grid system is far more advanced, giving it a structural advantage that may outlast the chip race.
The #AI bottleneck isn’t GPUs
Recent think tank reports share a consensus: America’s aging grid is the real constraint in global AI competition.
In contrast, China’s power grid system is far more advanced, giving it a structural advantage that may outlast the chip race.
October 4, 2025 at 8:36 PM
#econsky
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
September 27, 2025 at 12:50 AM
#econsky
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
#econsky
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
September 25, 2025 at 8:00 PM
#econsky
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
#econsky
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
August 6, 2025 at 4:28 PM
#econsky
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
#econsky
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
July 23, 2025 at 1:15 AM
#econsky
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
JUST IN: White House reportedly pressured media to kill a WSJ story. What’s in it?
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
July 17, 2025 at 11:36 PM
JUST IN: White House reportedly pressured media to kill a WSJ story. What’s in it?
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
#econsky
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
July 16, 2025 at 6:38 PM
#econsky
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
#econsky
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
July 16, 2025 at 2:56 AM
#econsky
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
#econsky
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
July 9, 2025 at 11:53 PM
#econsky
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Titanic Exhibition has finally arrived in Toronto. Got to revisit iconic movie scenes and even feel how cold the North Atlantic really was.
#TitanicExhibition #TorontoEvents #Titanic
#TitanicExhibition #TorontoEvents #Titanic
July 2, 2025 at 3:05 AM
The Titanic Exhibition has finally arrived in Toronto. Got to revisit iconic movie scenes and even feel how cold the North Atlantic really was.
#TitanicExhibition #TorontoEvents #Titanic
#TitanicExhibition #TorontoEvents #Titanic
#econsky
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
July 2, 2025 at 1:31 AM
#econsky
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
#econsky
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
June 26, 2025 at 4:31 PM
#econsky
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
#econsky
Is China Really Growing at 5%?
Since COVID, trust in #ChinaGDP data has weakened as transparency has declined.
A recent #Fed note applies an alternative GDP using high-frequency activity data. It finds recent GDP figures align with the alternative GDP estimate at around 5%.
Is China Really Growing at 5%?
Since COVID, trust in #ChinaGDP data has weakened as transparency has declined.
A recent #Fed note applies an alternative GDP using high-frequency activity data. It finds recent GDP figures align with the alternative GDP estimate at around 5%.
June 18, 2025 at 11:20 PM
#econsky
What You’re Missing in the #US May #CPI Report
1. Seasonal adjustment distortion: Unadjusted data showed no real decline.
2. Heavy use of imputation: Over 30% of April’s CPI basket was imputed due to #BLS budget cuts. This heavy reliance on estimates raises reliability concerns.
What You’re Missing in the #US May #CPI Report
1. Seasonal adjustment distortion: Unadjusted data showed no real decline.
2. Heavy use of imputation: Over 30% of April’s CPI basket was imputed due to #BLS budget cuts. This heavy reliance on estimates raises reliability concerns.
June 11, 2025 at 11:34 PM
#econsky
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
June 7, 2025 at 3:31 AM
#econsky
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
#econsky
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
May 31, 2025 at 10:25 PM
#econsky
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
Forget just yoga & running for anti-aging!
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
May 30, 2025 at 1:44 AM
Forget just yoga & running for anti-aging!
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience