Gregory Daco

@GregDaco

Chief US Economist, . NABE Board Director . Father of two. Husband of one. Views are my own.

New York, NY
Geregistreerd in september 2011

Tweets

Je hebt @GregDaco geblokkeerd

Weet je zeker dat je deze Tweets wilt bekijken? @GregDaco wordt niet gedeblokkeerd door Tweets te bekijken.

  1. Vastgemaakte Tweet
    17 apr.

    Using game theory to understand wars. Why the imposition of is the Nash equilibrium, and how time & communication can help achieve a mutually beneficial outcome.

    Ongedaan maken
  2. heeft geretweet

    Since WTO began regulating international trade, the US has won about 90% of cases we’ve brought as a complainant. That’s about the record for other complainants too - complainant country usually wins. (Most cases settle before being adjudicated.)

    Ongedaan maken
  3. heeft geretweet

    This is a key point. The question was never whether the economy could grow at 4%+ for a quarter or two, or for 3% for a year The question is whether it's 3% year after year after year It's disingenuous to claim "No one said 3% was possible" in the context of one year's growth

    Deze collectie tonen
    Ongedaan maken
  4. heeft geretweet
    28 jun.

    This chart, from an article in today’s Wall Street Journal (“China Unlikely to Use Treasurys as Weapon”), lists the foreign holders of $6.2 trillion of US government bonds.

    Ongedaan maken
  5. heeft geretweet

    Kudlow on FNB: “The deficit, it’s coming down and it’s coming down rapidly.” (It’s not)

    Ongedaan maken
  6. 10 uur geleden

    US spending moderated in May as posted largest increase in over 6 years As I told a solid rebound in consumer spending growth in Q2 after a lackluster Q1, but a slowing trend going into H2 2018 via

    Ongedaan maken
  7. 11 uur geleden

    L'inflation aux Etats-Unis a atteint en mai un sommet en 6 ans. Avec cette inflation qui montre de la résilience autour de la cible de 2 % de la , nous continuons à anticiper un total de 4 relèvements des taux en 2018 via

    Ongedaan maken
  8. 13 uur geleden

    Headline PCE reached 2.3% in May -- highest since Mar 2012 -- while core inflation +2.0% -- highest since April 2012. With inflation at the 's 2% target and likely to push higher this summer we continue to see 4 rate hikes in 2018. Big unknown is policy...

    Deze collectie tonen
    Ongedaan maken
  9. 14 uur geleden

    These data confirm take on the US econ. Q2 will represent a peak with GDP growth around 3% y/y for the first time in four years. With tax stimulus dissipating and rising, consumer spending growth will converge with real disposable income growth

    Deze collectie tonen
    Ongedaan maken
  10. heeft geretweet
    14 uur geleden

    Thanks Greg! The PCE Core was +0.2% on the month and +2.0% on the year, the first time it has been at two percent since April 2012

    Ongedaan maken
  11. 14 uur geleden

    Solid US personal income +0.4% in May. Real disposable income +0.2% & real consumer spend flat. Solid but slowing momentum for consumer spending +2.3% y/y -- slowest since Mar 2016. Growth in Q2 ~2.8% (saar) much better than +0.9% Q1. Our Q2 tracker down to +4.3% from +5%.

    Deze collectie tonen
    Ongedaan maken
  12. heeft geretweet

    1. America designed the WTO 2. America benefits massively from the WTO Withdrawal cuts off American farmers, workers and companies from 7 billion consumers in countries growing much faster than America can/will Disinform. Demonize. Destroy. This is LAZY policy. And so, so scary

    Ongedaan maken
  13. heeft geretweet

    Important point: “As head of state, Trump under international law could make the notification at the WTO. But the U.S. law implementing the WTO agreements states quite plainly that withdrawal from the WTO requires an act of Congress.”

    Ongedaan maken
  14. 14 uur geleden
    Ongedaan maken
  15. 15 uur geleden
    Ongedaan maken
  16. 28 jun.

    At least 100,000 Americans could lose their jobs if the administration follows through on it's EU threats via via

    Ongedaan maken
  17. 28 jun.

    To all my Germans friends, don’t despair! There is still a way to enjoy the : Just recycle your flag! (h/t )

    Ongedaan maken
  18. heeft geretweet
    28 jun.

    An extended metaphor from Eric Rosengren on his worries about keeping monetary policy too easy—or keeping the punchbowl out too long

    Ongedaan maken
  19. heeft geretweet
    28 jun.

    Escalation of EU-US looks certain - likeliest. €46bn of EU exports wld be 7x the trade hit by metals tariffs. Impact manageable at 0.1% of GDP. But Gemany, CEE hit disproportionately and confidence shock would add to toll:

    Ongedaan maken
  20. 28 jun.

    Gross domestic output (average of GDP and GDIncome) +2.8% (saar) in Q1 and +2.6% y/y -- good forward looking indicator. Headline PCE 1.8% y/y while core inflation +1.6% y/y

    Deze collectie tonen
    Ongedaan maken
  21. 28 jun.

    US final Q1 +2.0%: - slow consumer spending in Q1 - 0.9% is lowest since 2013; but much stronger pace in Q2 - strong business investment +10.4% - strongest since 2014; & continued momentum in Q2 - net trade & inventories contributions neutral; expected to turn positive in Q2

    Deze collectie tonen
    Ongedaan maken

Het laden lijkt wat langer te duren.

Twitter is mogelijk overbelast of ondervindt een tijdelijke onderbreking. Probeer het opnieuw of bekijk de Twitter-status voor meer informatie.

    Je bent misschien ook geïnteresseerd in

    ·