Steve Hemingway @stevehem@mastodon.org.uk

UK stockpiling ready for Brexit goes off the chart!

Having an MBA is relatively more valuable for minorities.

http://www.worldbank.org/en/news/press-release/2014/07/10/cost-of-high-speed-rail-in-china-one-third-lower-than-in-other-countries

Chinese high speed rail about one seventeenth the cost per km of that in the UK. And we think we're going to be a major manufacturing centre.

Something is not right.

https://twitter.com/HelpfulOlive/status/1093305439230586880

Sorry to cross post.

Amazing chart showing how the composition of the stockmarket has changed over the decades. Goes back to 1815!!

Extreme reading for global recession risk, according to Ned Davis. https://www.ndr.com/publications/-/c/GC201810181*PDF/what-you-ve-asked-about-the-global-recession-probability-model

We're getting damn good at finding prime numbers.

70% is historically not that high as a top marginal rate of tax.

Confirmation bias in action!

Huge dispersion in price of goods and services in last 20 years. Massive auto-correlation of rises.

Inflation probably understated. Makes buying bonds even more bonkers.

It's kind of hard to see why anyone buys any sovereign bonds other than Treasuries.

But what do I know? And maybe Central Banks are not focussed on profits.

Trad is collapsing too.

Where the US leads, the Eurozone is sure to follow.

The Conference Board's labor differential: "jobs hard to get" - "fewer jobs available". That's why it goes negative!

Another strong US recession signal.