❤️ Umair @umairh
Join us over at my new publication, https://t.co/2r8noufGgE. Author: The New Capitalist Manifesto from @HarvardBiz. theissue.io Joined April 2008-
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What have we learned so far, Americans are even stupider and more pathetic than the entire world always thought they were
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❤️ Umair retweeted
Kudlow worked under Paul Volcker at the New York Fed in the 1970s. He was an associate director at OMB under Reagan and has had a lot of financial markets experience. I find what he's saying about the Fed recently frankly shocking.
Kudlow worked under Paul Volcker at the New York Fed in the 1970s. He was an associate director at OMB under Reagan and has had a lot of financial markets experience. I find what he's saying about the Fed recently frankly shocking.
It’s kind of incredible how two mediocre dudes replaced an entire political side’s thinking apparatus wholesale
It’s kind of incredible how two mediocre dudes replaced an entire political side’s thinking apparatus wholesale
❤️ Umair retweeted
Price Increases over last 5 years... CPI New Cars: +21.4% Family Health Insurance: +24.0% CPI Food at home: +24.8% CPI Used Cars: +26.7% CPI Shelter: +27.8% CPI Food away from home: +30.3% CPI Electricity: +38.6% CPI Gasoline: +41.9% CPI Transportation: +44.0% US Home Prices:…
❤️ Umair retweeted
Aug. CPI rose 0.4%, more than expected. Annualized, that's 5% inflation. However, weekly unemployment claims spiked to 263K, the most since Oct. 2021. The Fed will look past rising inflation and cut rates anyway, due to rising unemployment, a mistake that will worsen stagflation.
❤️ Umair retweeted
A sharp rise in the latest initial unemployment claims data. Initial claims are our most timely data, telling us what happened *last week*. This spike is either: - Statistical noise, which might get reversed next week - Our early warning system sounding the alarm Stay tuned.
❤️ Umair retweeted
❤️ Umair retweeted
Since Trump took office - Natural Gas prices are up 25%. Electricity is up 19%. Gas has not come down to $1.99 anywhere in the U.S. Beef prices are up 80%. Pork prices are up 23%. Grocery prices continue to increase. Auto prices have increased on average of $6000. per…
With brexit I said they wouldn’t believe them till it them in the price of beer, with Americans it’s gonna be ketchup
With brexit I said they wouldn’t believe them till it them in the price of beer, with Americans it’s gonna be ketchup
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