The argument for deficits & debt raising interest rates in the US is not increased credit risk, it is that interest rates are a function of economic fundamentals, flows & policy. Deficits/debt change those.

I can't tell if I'm agreeing or disagreeing with @jc_econ.

Why do we track institutional footprints? 🐘 (Thread)

Large institutions like mutual funds, hedge funds, banks, insurance companies, trusts, etc. amount for over 75% of all volume. These institutions move the market, not you and I.

It makes sense that if these guys are moving the markets, we would ideally want to buy the same stocks they are buying, but before they buy them? Right?

So, let’s get a clear understanding of how and why this is so important and what this might look like behind the scenes.

For starters, let’s discuss what we mean by a large institution. In this case, we are referring to the many funds, pensions, trusts, etc. that are responsible for managing tens, if not hundreds of billions of dollars.

Hence, they easily attract and can afford to retain the planet’s top talent, not to mention, their research budgets are enormous.

They have access to information and resources that the retail crowd simply does not, and if they did, it would likely be extremely unaffordable.

‼️𝗦𝗖𝗔𝗠/𝗙𝗥𝗔𝗨𝗗/𝗖𝗢𝗡
So there is a self proclaimed successful business woman that started her business ventures at 15 y/o with $5 (=8000Tsh🤡) as per 2013 exchnange rate, now in 2020 she is 22 y/o and allegedly revenues millions of dollars from her many businesses

She claims to have had 25 businesses, yes 25 businesses but now only has 7 that are running successfully 24/7 earning her millions of dollars in revenue.

I have no doubt that she has been hustling with a lot but that does not legitimise any of those hustles as most were shady.

Call me a hater/jealous/poor/broke or whatever but I know a scammy business when I see one and my concern is not a personal matter against her but rather people who fall for the rags to riches story and therefore pay her for business mentoring/wealth management

The following are just few among many red flags about this person's businesses, I welcome any others to contribute in this thread however they want but just keep it respectful.

🚩 Stealing photos from the Internet and editing her name on them for her Ad campaigns, branding them as if they were her actual products and projects while they're not. You source most of her posts just by a Google image search . And they have nothing to do with her.

Until 2050 we'll likely see "a #supercycle in investments in 'clean' energy infrastructure, 'clean' transportation & everything that's required for the '#green' transition."

There's so much bullshit in here, I'll unpack some of it in a

2/x

1st (cf. @MGSchmelzer): there is no reason to assume that a massive productivity- & hence production-boom will lead to reduced emissions, because it will increase production&growth, & it is those two variables that global greenhouse emissions track most closely. #Degrowth.

3/x

Every time capitalism has made massive productivity gains (e.g. w/ the #steamengine; the taylorist #assemblyline; computers), that has led to a *radicalisation* of capitalism as a mass production system (as opposed to earlier versions, where luxury goods were for elites),...

4/x

So there's no reason believe that a new round of capitalist accumulation (#accumulationbydispossession / #primitiveaccumulation) - in this case: some kind of "#greencapitalism - will in any way positively impact emissions rates, but every reason to believe the opposite...

5/x

I would like to look into this, as it speaks to an often-overlooked issue: the relationship between different phases of capitalist development, such as imperialism, fordism, & post-fordism, connected to energy regimes (coal-based, oil-based, renewables-based capitalism)?

Today’s GDP release, and in particular how the economy has adapted, a thread.👇

After 6 months of growth, the economy started shrinking again in November as tighter restrictions were in place. (Though there were variations across Wales, England, Scotland and Northern Ireland.) (1/n)

The economy shrank by 2.6% in November. In normal times this would be a significant downturn, but it is much smaller than the falls seen with the first restrictions in the spring: April GDP fell by around 20%. In that sense it is good news. But why the smaller fall? (2/n)

Firstly, some industries remain very depressed. Airlines (air transport in the chart) for example, were operating at very low levels in October so there wasn’t much further for their output to fall. This is different from the picture in Mar/Apr. (3/n)

The same is true, though perhaps less pronounced, for bars/restaurants and other parts of the service sector. (4/n)