Gregory Daco

📺 Coming up on @Bloomberg at 830am ET

Federal Reserve Governor Christopher Waller said he supports making clear the central bank’s next interest-rate move is just as likely to be an increase as a cut, as the energy shock from the Iran war pushes up prices bloomberg.com/news/articles/…

📉 Nominal growth masks real pressure ⚠️ Successive supply shocks are testing the price of growth and leading to a gradual erosion of economic momentum. Fortunately for the US economy, the three “A-pillars” of growth... linkedin.com/posts/gregoryd…

$50 Trillion Safe-Haven Debt Market Upended by Iran War Inflation Investors in the safe haven of G7 debt want protection as the conflict in the Middle East threatens another bout of inflation bloomberg.com/news/features/…

🩵 What an exceptional leader 🏆🏆🏆🏆🏆🏆 Premier League titles 🏆🏆🏆🏆🏆 EFL (Carabao) Cups 🏆🏆🏆 FA Cups 🏆🏆🏆 FA Community Shields 🏆 UEFA Champions League 🏆 UEFA Super Cup 🏆 FIFA Club World Cup 🩵 @ManCity

Pep Guardiola to step down after incredible decade as City Manager 🩵 🔗 mancity.co/Pep-Guardiola

⚠️The transition rates into severe #delinquency for auto loans and credit card debt illustrates 1⃣ Much greater stress on household finances for the 18-29 year-old, and the 30-39 year-old 2⃣ Stable trends even if some rising auto loan stress for the young and early retirees

⛔️Transition rates into severe delinquency (+90 days) elevated but only rising slightly for mortgages: 💳Credit cards: 7.1% 🆚5.3% pre-Covid 🚗Auto loans: 3.0% 🆚 2.4% pre-Covid 🏠Mortgages: 1.5% 🆚 1.2% pre-Covid 👩‍🎓Student Loans: 10.9% 🆚 9.2% pre-Covid

🇺🇸 @NewYorkFed Household Debt & Credit Report Q1 '26 1⃣ Delinquency rate 4.8% (flat) 2⃣ New 30-day delinquencies edge lower for credit cards & mortgages; steady for auto 3⃣ New 90-day delinquencies steady for auto loans & credit cards; up for mortgages

Everything from exorbitant FIFA World Cup ticket prices to "fighting hard" for 1,000 fair-priced tickets for NY residents is laughable... Metlife stadium capacity: 82,500 Seven matches: 7 * 82,500 = 577,500 Share of $50 tickets: 1,000 / 577,500 = 0.17%

@"Who let the hawks out?" linkedin.com/pulse/who-let-… on @LinkedIn

Birthday travel made better thanks to the amazing team at the @EY_US Raleigh office. A very sweet surprise! 🎉 @EY_Parthenon

UK inflation eased to 2.8% in April “Fuel costs surged 23% as Middle East conflict pushed up prices, but that was offset by lower household bills as a policy came into effect that switches much of the cost of green energy sources to general taxation” bloomberg.com/news/articles/…

🚨🔵 BREAKING: Enzo Maresca has a total verbal agreement with Manchester City, HERE WE GO! The Italian manager has always been considered the ideal candidate to replace Pep Guardiola. Deal in place and Maresca will sign an initial three year deal at #MCFC. 🇮🇹 New era, soon.