Τάκης Χριστοδουλοπουλος 🇬🇷🇬🇧🇫🇷
@takisc.bsky.social
Distracted loner trying to make sense of 🌍 economy, financial markets & sport using data. Be kind to each other. 🕊️
US weekly wages rose by 3.7% y/y in Nov. which should still be comfortably > than CPI (out on 11th). This partly explains improvement in consumer sentiment (Dec., Mich Uni). Often wonder where wage inflation would be w/out foreign labour supply. Maybe we'll see in 2025. Careful (what u wish4)
December 6, 2024 at 4:47 PM
US weekly wages rose by 3.7% y/y in Nov. which should still be comfortably > than CPI (out on 11th). This partly explains improvement in consumer sentiment (Dec., Mich Uni). Often wonder where wage inflation would be w/out foreign labour supply. Maybe we'll see in 2025. Careful (what u wish4)
US #trucking rose +1.2% m/m in Oct, flat y/y (only 3rd month in 20 not to fall y/y). 🚚 sector is sinew connecting 🇺🇸 muscle together and acts as barometer of economy & nonfarm payrolls, highlighting prior bubbles. Current #nfp gap seems big, but proportionally #TMT was wider. Irrational > Solvent
November 20, 2024 at 9:57 PM
Christmas is time many of us hoi polloi spend at home; enjoying family & taking stock. Two-thirds of US h/holds own their homes and form biggest share of net wealth. So its cool housing values - deflating for >1yr - look like they're abt to start inflating in real terms. Feel Good Inc.
#HNY2024
#HNY2024
December 27, 2023 at 11:12 AM
Christmas is time many of us hoi polloi spend at home; enjoying family & taking stock. Two-thirds of US h/holds own their homes and form biggest share of net wealth. So its cool housing values - deflating for >1yr - look like they're abt to start inflating in real terms. Feel Good Inc.
#HNY2024
#HNY2024
US net Oct payroll additions came light but drop off in hours worked was > alarming as it led to contraction in real weekly pay. UAW strikes cloud labour picture but clearly given productivity gains, American workers deserve > pay. Anathema to both Corps & Fed.
Fair days pay 4 fair days work ✊🏼
Fair days pay 4 fair days work ✊🏼
November 4, 2023 at 10:59 AM
US net Oct payroll additions came light but drop off in hours worked was > alarming as it led to contraction in real weekly pay. UAW strikes cloud labour picture but clearly given productivity gains, American workers deserve > pay. Anathema to both Corps & Fed.
Fair days pay 4 fair days work ✊🏼
Fair days pay 4 fair days work ✊🏼
Global economic growth shows signs of stability if monthly manufacturing activity trends are to be believed. Despite importance of services ("developed" markets) they often rely on tangible goods hence relationship with 🌍 GDP (#IMF). Markets recession obsession likely to continue... Godot 😜
November 2, 2023 at 9:21 AM
Global economic growth shows signs of stability if monthly manufacturing activity trends are to be believed. Despite importance of services ("developed" markets) they often rely on tangible goods hence relationship with 🌍 GDP (#IMF). Markets recession obsession likely to continue... Godot 😜
Boeing’s 🛩️ production issues in 💪🏼 commercial #aviation market led to surge in backlog orders values & volumes. Differential = price/mix, thus $BA inflation flies high, and tho > efficient jets lower #airliners operating costs, passengers likely to pay higher airfares in foreseeable. Drag
October 30, 2023 at 5:25 AM
Boeing’s 🛩️ production issues in 💪🏼 commercial #aviation market led to surge in backlog orders values & volumes. Differential = price/mix, thus $BA inflation flies high, and tho > efficient jets lower #airliners operating costs, passengers likely to pay higher airfares in foreseeable. Drag
