Gregory Daco

gregdaco.bsky.social

23 April 2025 19:56

🇺🇸 Fed Beige Book: Confidence crisis! 😱 Activity little changed & uncertainty is pervasive 😬 Outlook worsened considerably 🏭 Employment frozen with prep for layoffs 👷 Immigration constraints 🔥 Modest inflation, but expected cost increases from #tariffs 📈 Cost passthrough & margin compression

Carl Quintanilla

carlquintanilla.bsky.social

22 April 2025 18:58

* BARKIN: A LOT OF REASONS TO BE WORRIED ABOUT CONSUMER SPENDING

Jason Furman

jasonfurman.bsky.social

21 April 2025 20:34

To state the obvious, the President's Fed bashing is raising long-term interest rates (operating through the risk premium). This will raise mortgage and other borrowing rates and be contractionary. The wealth effect from a falling stock market also contractionary.

Joey Politano🏳️‍🌈

josephpolitano.bsky.social

19 April 2025 04:23

They ran the Gary Cohn playbook on him again lmfao

Tom Hearden

followtheh.bsky.social

14 April 2025 13:25

"we believe that what looked at first glance like the largest and most regressive tax increase in US history could turn out to be quite the opposite" -Cathie Wood email this weekend an instant classic h/t FT