Dom White
@domw.bsky.social
Chief economist at Absolute Strategy Research in London. But all of the nonsense I spout on here is mine and mine alone. RTs are not endorsements unless they are.
The banter heuristic dictates that soon after changing the schedule he’ll be forced to call an emergency meeting.
George Pearkes@peark.es · 5d agoFour people from inside the most confidential economic decision making room in the world got this to the Times two days after the meeting, and the fact that the story flags the fact that any three FOMC members can call a meeting is also a tell IMO.
Quiz for the UK morning crowd. These were in a Target in San Diego earlier this week. Guess the prices of a four-pack of brioche burger buns and a tray of prepared vegetables.
Thing is, the answer to this is probably “it doesn’t matter”, unless you believe that interest rates and the balance sheet somehow work through different channels and have differing effects on the economy.
EconReporter@econreporter.bsky.social · last wk.Also, I missed the word "if" in real time, failed to register that this may be a monetarism thing
“Markets are learning to play the ball, not the referee” No, they’ve learned that you putting yourself on the sidelines doesn’t mean the game’s over.
On holiday and the rental car we were given is a Jeep. Every time I turn the windscreen wipers on the dashboard and other controls lose power and I’m thinking that tariffs probably won’t fix this.
Erling Haaland was named after the country of his birth. His name is a deconcatination of “England”
Tom Roberts@tpgroberts.bsky.social · 2w agoThe name Huel is actually derived from "Hipster Gruel"
More evidence, courtesy of @ernietedeschi.bsky.social, that AI isn't really showing up yet as stronger productivity at an industry or economy-wide level. www.stripeeconomics.com/p/ai-and-pro...
To slightly paraphrase George Burns: "The key to political success is authenticity, if you can fake that, you've got it made."
Philip Stephens@philipstephens.bsky.social · 2w agoCambridge graduate who has spent entire working life in politics establishes his working class credentials.....Hmmm
People loudly conducting business calls on busy trains should be just as socially unacceptable as people playing music or watching video through their phone speaker.
I thought this was the act that the Smoot-Hawley tariffs used? Have I missed something? www.ft.com/content/0b50...
Lot of commentary about UK’s economic missteps - through line for me is that the series of shocks the country has experienced reduced the role of sterling as a reserve currency without reducing financialisation of the domestic economy. So raised cost of capital without reducing reliance on leverage.
Pretty incredible that Argentina didn’t select Messi for this match.
Well I guess that’s that question answered.
The Guardian@theguardian.com · 3w agoCould AI be conscious?
I was out at the theatre and missed the match so I'm going to watch the game on iPlayer tomorrow morning. No spoilers please.
This might just be the best game ever. Maybe all football matches shouldn’t mean anything.
Just to be serious for a moment, it’s a real insight into sports psychology how much better the England team plays when there’s nothing at stake.
Just one para from @jdportes.bsky.social brilliant (and beautifully written) @theguardian.com piece on Burnham and the economy. www.theguardian.com/commentisfre...
Did you manage to move the debate on immigration away from the xenophobic tropes used by other parties? Ok, but did you at least manage to improve funding for public services?
Adam Bienkov@adambienkov.bsky.social · 3w agoThe Times reporting that Andy Burnham succeeded in persuading Shabana Mahmood to become Chancellor because it would give her more control over cutting immigration
New #FEDSNote: The AI Buildout and the Economy: Publicly Available Data to Assess AI's Impact : www.federalreserve.gov/econres/note... #EconSky
The AI Buildout and the Economy: Publicly Available Data to Assess AI's Impact
The Federal Reserve Board of Governors in Washington DC.
federalreserve.gov
"Likes first, reposts second" display is a UX crime against a decade+ of our brains intuitively scanning the quality of the post from the ratio even before we read the first word.
Why has Andy Burnham (possibly) chosen Shabana Mahmood as the next Chancellor? Type your theories below:
It’s interesting how regularly passages like this have been appearing in speeches from Fed policymakers recently.
