8 Oct, 2022
Bloomberg title: The Global Economy Enters ‘Eye of a New Storm’ By: Simon Kennedy Date: 3 October 2022 Shockwaves Forget Nike Town. It’s more Nike down, these days. Shares of the sportswear giant plunged the most in two decades last week. The main reason was a 65% surge in inventories during the fiscal first quarter through August. But the...
6 Oct, 2022
On 30 September 2022, the Dutch Statistics Agency reported that the average inflation over September amounted to 17,1% (CBS). It surprised me because it didn't feel that way. The Dutch Press Agency reported that this 17,1% included the October energy rate increases (ANP). Hence, my blog title. Something similar happened over the last decade: the enormous increases...
16 Sep, 2022
"Single-person households in the U.S. have steadily increased since 1960. Between 1960 and 2015, the number of single-person households soared to 34.9 million from 6.9 million, and their share of total households more than doubled from 13.1 to 28.0 percent" (JSTOR-2019). Early 2022, The Netherlands, my country, had 8.1 million private households of which 3.2...
13 Aug, 2022
Axios Macro title: Inflation expectations are tumbling By: Neil Irwin and Courtenay Brown Date: 8 August 2022 "Americans' expectations for future inflation plunged in July, at least according to one closely watched survey out this morning. That's great news for anyone who doesn't want current prices to become the new normal. Driving the news: The...
7 Aug, 2022
Axios Markets title: It's stopped making sense By: Felix Salmon Date: 30 July 2022 "There's an air of unreality to the news these days — one perfectly in keeping with the "nobody knows anything" vibe that arrived with the onset of the pandemic in 2020 and never really left. Why it matters: Recent days have seen a flurry of headlines that feel as though they've...
6 Aug, 2022
Axios Markets title: Big Tech hit by dollar's strength By: Matt Phillips and Emily Peck Date: 1 August 2022 "Big technology companies are reaping the whirlwind of a strong dollar, as the sector becomes an unlikely victim of foreign exchange volatility, Axios' Javier E. David writes. Why it matters: In normal times, car companies and other multinationals...
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