Sabri Ben-Achour

Ouch. A standard estimate (ballpark) is ~ 10 mbd/ 10% of world supply is now off the market. Some elasticities were closer to -0.1, which implies a price hike of up to $100. This elasticity would put the price hike at more like $150 ... 1/2

Chinese battery makers had 70% of the global EV battery market in 2025. South Korean battery makers are struggling to remain profitable. Top 5 battery makers: 1. 🇨🇳 CATL 39.2% 2. 🇨🇳 BYD 16.4% 3. 🇰🇷 LG Energy 9.2% 4. 🇨🇳 CALB 5.3% 5. 🇨🇳 Gotion 4.5% Chart: asia.nikkei.com/business/autom…

S&P Global's @DanielYergin, the Pulitzer Prize-winning author of "The Prize: The Epic Quest for Oil, Money & Power," told me the Iran war "points to the possibility of the nightmare scenario" for markets and the economy:

Don't see that everyday:

Three sources tell 60 Minutes that undercover agents purchased a miniaturized microwave weapon from a Russian criminal network. Secret U.S. military lab testing of the device on rats and sheep has resulted in symptoms similar to Havana Syndrome, a confidential source says. cbsn.ws/4d7bHkz

The trade deficit continued to increase in the past month as imports surged ahead of tariffs.

I just got off the phone with a business owner in Mississippi. He’s pumped millions into a business distributing a product he imports from China. His contract with the company prevents him from manufacturing it in the U.S. He also has contracts with a number of large retailers (Walmart, Walgreens, etc). He described some of those contracts as inflexible — requiring him to sell a unit at a set price. He told me he anticipates paying over $1 million in tariffs next week (as the 54% tariff kicks in) and has no ability to simply upcharge his retail customers to cover the expense. In his words, “Russ, I don’t have 54% profit. This is put me out of business stuff.” I share this because there are probably tens of thousands of businesses in similar situations. I just happened to have one reach out to me.

Retail Sales ex-gas and autos +0.8% MoM Hasn't been higher since Jan 2023

Retail sales for June show consumers are still fine but retailers report increased price sensitivity and deal shopping. The goods share of consumer spending is a great visualization of that behavior--firms are once again competing for wallet share and must offer value

@TroyMeaz Toxic room mate from hell

Hi 😘

Part of the confusion about recession rn is because the fake recession signals we had 12 mths - the bullwhip in global manufacturing & the big squeeze on real incomes - are starting to unwind while we are simultaneously getting genuine demand destruction from monetary policy

@WillPassey @KAreports Here you go! Instagram.com/Sabritree should be available in a web browser even if you don’t have instagram, I think

ChatGPT has crossed 1M+ users in just 5 days. To compare, it took Netflix 41 months, FB - 10 months, and Instagram - 2.5 months. But many haven’t yet realized its full potential. Here are the 10 mindblowing things you can do using it right now:

Congrats @jeremyhobson on @TheMiddleradio ! From the response it’s getting I’d say this is the show (and podcast) the US is discovering it needs. open.spotify.com/show/5l5B4IoLn…

“fry attachment rate” my new favorite economic measure.

@EvilSammy @ItsSteveMiller @Marketplace 🥰

@ItsSteveMiller @Sabritree @Marketplace MOAR @Sabritree !!

@Chops1586 @LynnSosnoskie 👀 depends on the plants ….

Is it normal to like plants more than people?

@ItsSteveMiller @Marketplace 🙏🏽

@EclecticLeeS @amyreports @Marketplace Thanks for the great question !

Thank you @amyreports, @Sabritree, and the rest of the @Marketplace team for answering my question on yesterday's #MakeMeSmart.

@JGluons @georgepren 😂