PPG
@PPGMacro
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PPG Macro Independent Strategy. Only tweet when worth it. Not an economist. Former trader. Always an economic historian. LSE. Publican.
London, England
Joined February 2010
RT @RenMacLLC: This is about September. If you get solid data, you’ll get a hawkish cut in September. If you get bad data, you’ll get a d….
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RT @AnnaEconomist: One thing Powell did today —he gave a masterclass of how to straddle between placating political pressure (giving just e….
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Last year, after her budget, I posted that @RachelReevesMP thinks the Laffer Curve is a joke.
Labour keeps jacking up tax rates without getting more revenue, and seems genuinely not to understand why.
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If you haven't been to the VC & GC exhibition, GO. It's staggering, and humbling.
For every retweet of this post, I will donate £1 to the @VC_and_GC_Assoc up to £50,000. Time is running out following @I_W_M’s decision to close the Lord Ashcroft Gallery. Visit while you still can, to honour the bravery of those who risked so much to protect our great nation.
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RT @LordAshcroft: For every retweet of this post, I will donate £1 to the @VC_and_GC_Assoc up to £50,000. Time is running out following @I_….
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US Youth Unemployment.The unemployment rate for the 16-24 bracket is 10%. Up from around 8%. Every time in the past 50 years that the rate has increased by 2% the economy has suffered a recession.
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Worth noting that the Philly Fed wrote about mortgage fraud in 2023.
philadelphiafed.org
WP 23-01 – Occupancy fraud has been suggested as a contributor to the housing bubble. We show it was pervasive and remains present. Fraudulent investors accounted for an outsize share of defaults in...
Ok everyone, pissed off about a short term rental in your neighborhood? . Think it was purchased fraudulently (occupancy fraud)?. Here are steps to check on see:. 1. Signup for an account on Propwire.
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RT @charliebilello: US Home Prices fell in 39 out of the top 50 metro areas in July, the most on record with data going back to 2012. http….
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It's good manners to credit the original publisher. Much better to simply retweet and add your own comment.
It starts to feel like 2006, something has to give, either mortgage cost, house prices, or rents. What will it be?
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RT @nickgerli1: Historical cost of Buying v Renting. This explains everything about the current housing market.
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Moronic. Remember Beanie Babies?.
wsj.com
The doll maker’s sales have soared as young people grappling with economic uncertainty find joy in affordable pleasures.
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was looking at MSTR vs XBT yesterday
30 day rate of change sees drop in global ETF flows for bitcoin. Gold slack but stable.
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order-order.com
New data shows hospitality businesses are struggling to keep up with Reeves' tax hikes and are seeing their savings ground down. Better hope there isn't
It really is very unfortunate for this new government that inflation has taken off again, right after the general election.
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Card usage is up. But credit card borrowing is on up 3% YoY according to the Fed's weekly H.8 report.
Complementary on the Consumer: Visa U.S. Spending Momentum Index (Debit + Credit Cards Spending):. 👉Debit card spending +6.7% growing faster than the +5.65% credit one for the first stretch in years! . 👉 less good for overall consumption, better for households balance sheets
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RT @RickPalaciosJr: Today’s Census print on single-family housing starts was a head-scratcher. Homebuilders we survey (consistent sample si….
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RT @Scorpio_Alejand: It's THE GAME CHANGER. Bessent is bending the deficit curve, but everyone is sleeping !.At least ~$210B Tariffs receip….
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and for other manufacuring competitors.
It's no coincidence that Chinese exports are flooding all over the place. US tariffs are making the US market harder to access, so Chinese exports are having to seek out new markets. But they only way they can do that: cut prices on their goods. Deflationary shock for China.
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