zeibars
@zeibars
Global Macro, markets are my passion. Nothing matters until it matters...
I’ve often said that the primary effect of immigration on inflation is through housing, healthcare, and other only-sluggishly adjusting supply. If you throw millions of new residents into a relatively fixed supply of housing stock, you get pricier housing. And the correlation…
Absolutely, because the whole suite of non-monetary economic policy has changed dramatically, and many of the same people who underappreciated energy, regulatory and fiscal policy in 2021-2024 are underappreciating them again now. The policy mix now is extremely…
In addition to better behaved inflation data, there's been an across-the-board change in economic policy. Policies that expand the supply side of the economy by aggressive deregulation, providing tax incentives for increased labor supply and capital stock, and achieving energy…
thread on Milei's astonishing feats
"While the world fixates on Donald Trump’s populist cocktail of reciprocal tariffs and big, beautiful deficits, @JMilei is delivering a man-made miracle that should gladden the heart of every classical economist and quicken the pulse of all political libertarians." 1/5
For people looking at the Trump trade "deal" with Japan and saying "Trump removed all barriers to US cars and trucks selling in Japan", the correct response to that is... "Uh.... no." Japan has a zero-tariff policy on automobile imports. The US has been able to export. It hasn't
must read thread for anyone watching japan
There is a LOT of noise in what Big Tweet Writers write in Big Tweets about Japan. A lot of it is unmitigated blatherskite. Absolute codswallop. Absolute trumpery. As someone watching the Japanese markets professionally for... [checks notes]... decades, I am normally prepared
I dont always agree with El-Erian but this time I fully do... just go
This morning, US government criticism of both Federal Reserve Chair Powell and the institution itself has broadened to include "mission creep" and the effectiveness of other officials. The developments of the last few days reinforce my view: If Chair Powell's objective is to…
So it seems this was driving the rally in iron ore...also interesting the coming conflict with India (as it seems to be trending towards the US sphere of influence) bloomberg.com/news/articles/… "total planned investment of 1.2 trillion yuan ($167 billion)...The total investment…
Holiday in japan today
It's Japan election day. Join our free live blog for latest updates Voting finishes at 8 p.m. local time, and results will start coming in later Sunday night and continue into early Monday morning. asia.nikkei.com/Politics/Japan…
Lindsey Graham: “Here’s what I would tell China, India and Brazil: If you keep buying cheap Russian oil… we are going to tariff the heII out of you and we’re going to crush your economy.”
leaving this here
It's Japan election day. Join our free live blog for latest updates Voting finishes at 8 p.m. local time, and results will start coming in later Sunday night and continue into early Monday morning. asia.nikkei.com/Politics/Japan…
A Trump administration official would not reveal the names of the other individuals on the Supreme Court who would be denied entry into the United States, but said that Undersecretary of Public Diplomacy Darren Beattie prepared it following Secretary Rubio’s “3C visa policy”…
EXCLUSIVE: U.S. Imposes Travel Ban On Brazil Supreme Court Justices Persecuting Former President Bolsonaro New action comes hours after Brazilian police raid home of the former president by @Shellenberger US Secretary of State Marco Rubio (left); Supreme Court Justice Alexandre…
.@POTUS made clear that his administration will hold accountable foreign nationals who are responsible for censorship of protected expression in the United States. Brazilian Supreme Federal Court Justice Alexandre de Moraes's political witch hunt against Jair Bolsonaro created a…
Bessent: "Yellen's greatest priority, when she actually visited the Treasury building, was leaving me and the American people with the largest deficit to GDP in American history when our country was not at war or in recession...I couldn't even tell you what Secretary Yellen's…
Yellen: I don't talk to Secretary Bessent. He has undone everything I worked on at Treasury. Bessent: "I couldn't even tell you what Secretary Yellen's China policy was, aside from consuming beer and mushrooms." via @bobdavis187 thewirechina.com/2025/07/18/jan…