hengest.bsky.social
@hengest.bsky.social
Commodity forecasting
Reposted
FT journalist to economist: How does it feel to have a career as a dismal scientist?

Economist: But … YOU’RE the dismal scientist!

on.ft.com/4n2TVBq
September 9, 2025 at 2:30 PM
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The first wave of the survey underpinning nonfarm payrolls has seen falling response rates, but in contrast to accusations the BLS has "failed to take corrective action" several targeted steps have kept 2nd & 3rd wave response rates at or above 90%--Gold standard data from dedicated public servants
September 8, 2025 at 10:15 PM
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it really is astounding that a presidential administration crashed the growth trajectory of the wealthiest country on the planet in basically two months
April 30, 2025 at 2:19 PM
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Goldman's Q1 estimates in recent weeks have gone from 1.8% ..

.. to 1.6%

.. to 1.3%

.. to 1.0%

.. to 0.6%.
GOLDMAN cuts its Q1 GDP estimate almost in half from yesterday’s. 🇺🇸
March 28, 2025 at 3:49 PM
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substantial drop in German inflation readings by state, outright deflation in many:
January 31, 2025 at 9:08 AM
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I cannot stress enough: do not use consumer sentiment data for macro modelling without a whole bunch of checks to make sure you're not accidentally capturing a partisan shift.
January 24, 2025 at 7:19 PM
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Brilliant satirical cover from Private Eye, mocking spineless media organisations and journalists who submit and cower in the face of power 👏
January 22, 2025 at 10:53 AM
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When ancien energy régime petrodollars diversify into ancien régime property.
January 22, 2025 at 9:38 AM
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🪦
January 20, 2025 at 7:06 PM
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WaPo supports Nazism. Sorry but like, that’s what happening here.
This is the cowardice of the Washington Post. Legacy media is failing.
January 21, 2025 at 2:43 AM
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Me, for months: First slide in first Political economy of finance lecture must be an FT headline that is 𝒶𝒷𝓈𝑜𝓁𝓊𝓉𝑒𝓁𝓎 𝓅𝑒𝓇𝒻𝑒𝒸𝓉.

At last.

🙏 @alphaville.ft.com
January 18, 2025 at 10:29 AM
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everyone is bullish
January 6, 2025 at 10:15 AM
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i'm a bayesian. when i give a movie a 7/10 it means i'm 70% sure that it's good
December 25, 2024 at 4:17 PM
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Man the cobalt market is just nuts. On top of the, uh, deeply problematic supply chain, the volatility is amazing.
December 18, 2024 at 5:55 PM
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That is some graph on bus usage outside London after deregulation
on.ft.com/49PfLlV
December 18, 2024 at 7:27 AM
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Never ever make predictions, especially about the future –– and above all about interest rates. www.ft.com/content/3e92...
December 18, 2024 at 10:28 AM
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Economists: RCTs are the gold standard for causal inference

Also economists: The gold standard was a very bad idea
December 14, 2024 at 2:29 PM
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*CHINA POLICYMAKERS MULL ALLOWING YUAN TO WEAKEN IN '25: REUTERS
December 11, 2024 at 7:29 AM
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Bloomberg reports Chinese limitations on drone component exports are starting to take a toll on Ukraine's military capabilities.
December 9, 2024 at 4:41 PM
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Has someone already done an ecological impact report for what would happen if we wiped out all mosquitoes and can we do it anyway please?
December 8, 2024 at 4:17 PM
Any positives here should be seen with the backdrop of the opportunity cost. If this transit route is used by many, then that simply shows demand for transport from point A to B. A train beats the ‘loop’ on every aspect other than what ends up in Musk’s pocketses.
Musk's Vegas loop is working surprisingly well

• 1.7mi tunnel
• Cost $47m to build (small fraction of usual transit tunnel)
• 150 Teslas with human drivers
• 28k passengers daily! Higher than many US transit systems
• 68 stations, 87 miles planned
• $75m/yr annual revenue

x.com/sol_boxy/sta...
December 6, 2024 at 11:02 AM
Really feeling sorry for forecasters over the coming few months (and years). Unpredictable policymaking by a major economy can be the deciding factor for many forecast errors going forward.

…. Perhaps be a bit more lenient with your RMSE, MAPE scores…
December 5, 2024 at 1:46 PM