Had a go on one of those realistic F1 simulators a while back. It was impossible. Driving down a straight, slight adjustment of the steering wheel and the car was in a spin.
10.03.2026 16:26
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Had a go on one of those realistic F1 simulators a while back. It was impossible. Driving down a straight, slight adjustment of the steering wheel and the car was in a spin.
I'm hoping my skills might still be worth something too! 😆
Possibly of interest to @duncanweldon.bsky.social given how you were saying you've been using AI tools.
This looks like it could be a really handy tool.
www.imf.org/en/publicati...
Y'know what, I'm gonna take a wild guess that it's the one on the top left.
However you interpreted last week's employment report, a lot of other labour market data look consistent with this profile of gradual improvement since ~ last autumn.
Is it just me, or were expectations for tax refunds more like 20-30% above last year's levels?
I'm very jealous!
NB: we still have nearly three years of this to go.
Doing my job has become almost impossible at times over the last year with DJT as president and, I don't know, I would've thought that might affect some people's willingness to take risk.
Translation: could go down, could go up.
I see Tony Blair hasn’t managed to sway public opinion…
Just received the same email (I assume). Can’t remember getting anything like that from them previously and can’t help but think there’s a potential Streisand Effect here.
Seems to be a lot of anchoring around 2022 going on
BuT rEneWaBleS cOsT tOO muCH AnD ARe BaD fOR tHe eCoNOmY
www.imf.org/en/publicati...
We’re sacrificing the cup to focus on the league.
Next time you see him, would you please do that - just for me?
Conversation on stablecoins with @izakaminska.bsky.social and @bhgreeley.bsky.social during last week’s money view symposium is up in YouTube now
Cc: @domw.bsky.social
Ah, great. Thanks Iñaki! I will watch later on with interest.
Probably ADHD
Bessent - would trade dog
Leavitt - would claim dog is not dead when it is
I think it probably will. But I'm assuming that, because they had a much smaller effect on unemployment than they did employment and participation, that this picture won't be too badly affected.
Due to new population controls. Without them, the participation rate would've moved slightly higher.
Yeah, the payroll data don't look great. But a two-month average of +17k probably isn't far off the breakeven jobs growth rate.
A more serious take: the data don't look quite as bad as some of the headlines suggest. Most of the rise in unemployment was due to re-entrants to the labour market (a function of the low hiring rate rather than layoffs). And the number working part-time for economic reasons fell.
I've been led to believe that jobs in education and healthcare don't count, and since they account for almost all of the swing in total non-farm payrolls, we can write these data off ... right?
Well that's just what the bond market needed
Oh, in that case I'll just say industrials.
Construction?
