@joebrusuelas.bsky.socialGood morning.
From the department of good timing.
On a morning when the rate on a 30 year fixed mortgage has jumped to 7.49% a look at increase in the repricing of risk by investors & its impact on home affordability. #Econ
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@chidonomics.comEl peso se fortalece a 17.96 por dólar mientras las reservas internacionales caen 2,533 millones de dólares en septiembre. Los bonos a largo plazo siguen bajo presión con spreads que tocan los 356 puntos base. Revisa el cierre de mercados y el estado de cuenta de Banxico en chidonomics.com. #Econ…
@joebrusuelas.bsky.socialUS Trade Deficit: take a look at the August increase in the The primary driver is imports of industrial supplies to support the cap ex buildout of AI. Imports were up 4.3% on the month, exports 1.6% after falling over the previous two months. #Econ
@joebrusuelas.bsky.socialUS Trade Deficit: take a look at the August increase in the trade deficit.
The topline increased to $105.5 billion, the real dollar goods balance is at $114.6 billion & the real dollar goods balance ex petroleum is at $122.6 billion. #Econ
@joebrusuelas.bsky.socialThe attempt to rebalance global trade has failed as the US trade deficit has increased.
We expect the American trade deficit to widen to $102 billion when the data is published this morning from $88 billion previously. #Econ
@thewhyexplained.bsky.socialFrom my Substack Notes
@chomskireport.bsky.socialISM Manufacturing PMI indicates sector conditions. Retail Sales indicate consumer conditions. Neither tracks checking your balance before buying lunch. Sir Chomski has noted the gap. #econ #finance #investing
@joebrusuelas.bsky.socialGood morning.
A preview of coming attractions for those that refuse to get their fiscal house in order.
A period of fiscal consolidation is approaching. #Econ
@iaesorg.bsky.socialOur Member of the Month for October 2026 is Olajide Idris Sanusi, Assistant Professor of Economics at the University of Wisconsin-Green Bay!
Read more about him here: https://www.iaes.org/october-2026-member-of-the-month/
#IAES #Economics #Econ #Business #October
@joebrusuelas.bsky.socialTake a look at how well the economy held up & how the Fed is underestimating just how difficult it’s going to be to restore price stability. #Econ
@joebrusuelas.bsky.socialWe published this back in September 21 well before the global sell off in bonds accelerated.
We subjected the US growth, employment & inflation to the shock of the 10-year yield rising from 4.5% to 5%, 5.5% & 6%. #Econ
@joebrusuelas.bsky.socialTomorrow we get the US September jobs report. I expect a net gain of 85K.
But first we get jobless claims which will show a remarkable stability in the pace of firings. #Econ
@joebrusuelas.bsky.socialGood morning.
Overnight the bond sell off accelerated with yields on long term paper posting fresh multi-decade highs. That sell off has abated somewhat heading into the American open. #Econ
@joebrusuelas.bsky.socialFrance is not alone on that account as yields on long term paper rise among the major economies.
This data viz captures the global economic reality of the regime change in inflation & interest rates that I think is not going way anytime soon. #Econ
@joebrusuelas.bsky.socialThe French budget will be announced today with an expected target of 5% which is well above the 3% EU threshold.
Investors are pushing the premium charged to sovereign borrowers higher with France facing the wrath of price sensitive global investors in much the same way as the UK & US. #Econ
@joebrusuelas.bsky.socialMy note on the morning US data deluge that showed economic acceleration & elevated inflation. Both of which demands higher interest rates. #Econ
@joebrusuelas.bsky.socialAtlanta Fed GDP Now estimate of Q3’26 GDP revised down to 3.7% from 5% following the large increase in the US trade deficit. #Econ
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@eslam00.bsky.social
@amyctserrat.bsky.social