MPC members are too fixed on imperfect (largely backward looking) data. We’d be far better served if they instead spent each month touring the country, talking to people in cafes, street markets, job… (View Post)

So what you’re saying is just swing trade and lay the favourite? (View Post)

US elections are like a good test match aren't they. Favourite swinging back and forth. Trump is currently bowling on a flat pitch to a ton partnership. The Yorker isn’t working. He’s getting hot and… (View Post)

No idea what planet you are on if you think post lockdown catch-up growth means this country does not have a profound productivity problem (View Post)

https://x.com/SteveMiran/status/1815749286094582126 Rounini et al… In short, the US Treasury has overridden the independence of the Fed and actively counteracted restrictive monetary policy by biasin… (View Post)