Michael McKee
13.6K posts

Michael McKee
@mckonomy
International Economics & Politics for Bloomberg TV/Radio *Formerly verified and still the same person* same ID for Threads
38,000 feet above somewhere Tham gia Mart 2011
1.7K Đang theo dõi21.9K Người theo dõi

But... @BobEUnlimited, the Fed does not "plan" to do that. The dot plot isn't a plan. It's 19 different guesstimates of where policy would be if the data turn out as each of the 19 forecast. WE focus on the median as if it were a plan. The data change, the policy path changes.
Bob Elliott@BobEUnlimited
The Fed plans to cut 150bps over the next 12m into an economy with strong growth, strong employment and inflation still above mandate. The epitome of "Over Easy" policy. Thread.
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Tinfoil hat stuff. Here are the initial release values and current revised values for payroll changes during the Biden administration. Sometimes they are revised up, sometimes they are revised down.

David Andolfatto@dandolfa
Am deeply disappointed with this take. I suppose no revisions to imprecise initial estimates would serve to improve trust?
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The BLS says it "can't quantify" the hurricane impact on October jobs, but 512,000 people reported they were unable to work because of weather; and 1.4 million said they could only find part-time work because of weather. The @federalreserve will look through this.
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KEY FACT ABOUT THE JOBS REPORT TODAY:
You can trust the numbers. It is not 'manipulated' by the @BLS_gov
#jobsreport
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Economists have grown more pessimistic about today's jobs figures. Consensus is down to 100,000. But Wall Street is leaning ever more positive: whisper number now up to 140,000.
#jobsreport #FED
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The Baseball Season is Over.This will be the Sentiment of Many,for the next few Months.
#MLB #Baseball #USA🇺🇸 #offseason #OpeningDay

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Michael McKee đã retweet
Michael McKee đã retweet

…that they cause friction and reducing the inequalities that create barriers.
With these things in mind, I’ve done my research and come to the clear conclusion that I’ll be voting for @KamalaHarris and #TimWalz this time around.
(3/3)
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As an economist I have to appreciate the efficiency of Alex Vesia in doing his job.
#WorldSeries
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Terrible news. Godspeed Phil Lesh. RIP. The music will never stop.
Music Never Stopped@musicplayedband
RIP Phil Lesh. Truly heartbreaking. We’ve loved this band and man for most of our lives. 💜 Much love to everyone 🙏🏼 #phillesh
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