Shaun Richards @notayesmansecon
I am an independent economist who specialises in inflation measurement and monetary economics, Adviser to pension and investment funds. Bank of England watcher. notayesmanseconomics.wordpress.com London, England Joined August 2010-
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If VAR can call the ref to the monitor for a nudge like that why did they not call the ref to the monitor for the Jack Grealish handball last week please @FA_PGMOL
If VAR can call the ref to the monitor for a nudge like that why did they not call the ref to the monitor for the Jack Grealish handball last week please @FA_PGMOL
Of course it was Badiashile who ruined our 3rd goal....
Of course it was Badiashile who ruined our 3rd goal....
Superb from Conor Gallagher! 👍⚽️💙#AVLCHE
Badiashile may be the worst defender I have seen wear a Chelsea shirt and I have been supporting them for half a century 💙#AVLCHE
Is Poch trying to get sacked by picking Badiashile again and again? #AVLCHE
This week I give my thoughts on what is happening to the Japanese Yen and its impact on the economy? Also how is inflation measured and what differences are there between countries in how it is measured? soundcloud.com/shaun-richards…
Mark Carney when he was Governor of the Bank of England made promise after promise to raise interest-rates. His next move was to cut them. That is what you are dealing with.....
Mark Carney when he was Governor of the Bank of England made promise after promise to raise interest-rates. His next move was to cut them. That is what you are dealing with.....
The UK FTSE 100 reached several record highs last week and ended at an all-time weekly and closing high at 8140.
UK Wind Power has improved to 4.7GW. That leaves us burning 7.6GW of Gas and 0.2GW of Coal as well as Importing 6.2GW. Nuclear is 5.4GW and Solar 1.8GW. The price of wholesale electricity over the past 24 hours has been £69 per MWH.
UK Wind Power has improved to 4.7GW. That leaves us burning 7.6GW of Gas and 0.2GW of Coal as well as Importing 6.2GW. Nuclear is 5.4GW and Solar 1.8GW. The price of wholesale electricity over the past 24 hours has been £69 per MWH.
Never believe anything until it is officially denied....
157.76 for the Japanese Yen now...
With the Yen at 157.40 you can't say I didn't warn you #USDJPY
This week I give my thoughts on what is happening to the Japanese Yen and its impact on the economy? Also how is inflation measured and what differences are there between countries in how it is measured?
‘Notayesmanspodcast274’ by Shaun Richards is on #SoundCloud on.soundcloud.com/LqsB5hRAykb5ik…
Japan has put itself into rather a mess as the Japanese Yen weakens again notayesmanseconomics.wordpress.com/2024/04/26/jap…
Any more please?
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"I am the editor-in-chief of the Daily Sceptic, a news publishing site, and neither I nor any of the other people who put it together have any affiliations to the fossil fuel industry, close or otherwise". Packham and the BBC must provide their evidence or apologise.
I've just submitted the following complaint to the BBC, @BBCPolitics and @bbclaurak. On Sunday with Laura Kuenssberg on 21st April 2024, Chris Packham, a BBC personality (ex-presenter of Springwatch, presenter of forthcoming Inside Our Minds), said the following when challenged…
Thousands of people protested in Tenerife, calling for the Spanish island to temporarily limit tourist arrivals to stem a boom in short-term holiday rentals and hotel construction that is driving up housing costs for locals reut.rs/49OL5PY
BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising reut.rs/4b4Rcky
Inflation gaslighting real-time in 2021 "transitory" was bad, but in recent months, just wow.
Auto insurance in PPI, which is what goes into PCE, came in much cooler than CPI in March month-to-month: 0.1%, versus CPI's 2.6%. That difference alone will shave ~10bps off of monthly core PCE in March relative to core CPI.
“This year the world’s largest economy is projected to run a budget deficit (where spending exceeds taxation) of more than 7% of GDP—a level unheard of outside recession and wartime” economist.com/finance-and-ec…
Labour to launch £5bn crackdown on tax avoiders to close gap in spending plans theguardian.com/business/2024/…
Two Fed Headlines today 11 minutes apart. Can anyone explain? --- * FED'S GOOLSBEE: IF HOUSING INFLATION DOES NOT COME DOWN, WOULD BE VERY DIFFICULT TO RETURN INFLATION TO 2%. * FED'S BARKIN: IT IS CONCEIVABLE THAT 2% TARGET IS MET WITHOUT SHELTER INFLATION RETURNING TO WHAT…
@notayesmansecon If UK inflation continues to fall but the US FED keeps its rates higher for longer, can you see a world where the BoE diverges and cuts bank rate before the US? Thanks Shaun.
🏠💰Between 2010 and Q4 2023, in the EU, house prices increased most in: 🇪🇪Estonia (+217%) 🇭🇺Hungary (+185%) Decreases in: 🇮🇹Italy (-8%) 🇨🇾Cyprus (-3%) For rents, highest rises: 🇪🇪Estonia (+207%) 🇱🇹Lithuania (+172%) Only decrease in 🇬🇷Greece (-19%) 👉 europa.eu/!RYkqnm
*SOME SWAP TRADES BLOCKED IN CHINA AS YUAN WEAKENS, TRADERS SAY
Jemimah. These people are beyond parody.
BBC Verify has analysed the moment of the collision between the Dali container ship and the Francis Scott Key Bridge in Baltimore. Graphics by @Jacqui_Galvin and @mes
The Fed has $948 billion in unrealized losses on their Treasury/MBS holdings. federalreserve.gov/aboutthefed/fi…
Record combustion was driven by ultra-low gas prices which fell to the lowest level in real terms since 1973. Ultra-low prices to maximise gas-fired generation were the only way to prevent an even larger accumulation of excess gas inventories during an exceptionally warm winter:
Fascinating brouhaha in Australia regarding a "fact check" about countries running on 100% renewables. Dick Smith told ABC that it was impossible to run a country on 100% renewables. He continued with "This claim by the CSIRO that you can run a whole country on solar and wind…
Wow! Back to COVID levels
THE BAD: The annual interest bill that Americans pay on mortgages/credit cards/other debt has risen by some $420 BLN since the Fed started raising rates. THE GOOD: The rise in interest income over the same period was some $280 BLN bloomberg.com/news/articles/… via @economics
Germans ‘may be left in the cold three days a week’, energy titan warns brusselssignal.eu/2024/03/german…
Why firms are bringing their #manufacturing back home! An insightful article from @BBCNews looking at the positive effects of firms bringing their manufacturing back to the #UK bbc.co.uk/news/business-… #UKMFG #MFG
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