#econsky

Would you hire someone you wouldn’t grab a beer with?

Research says yes. Wharton psychologist Adam Grant argues on #HBR IdeaCast that task cohesion matters more for results than social bonding. IMO, I’d hire someone who challenges bad calls & delivers, even if we never hang out.

Highest government debt, 2026 forecast (% of GDP)

1. 🇸🇩 Sudan: 334.4%
2. 🇯🇵 Japan: 199.4%
3. 🇸🇬 Singapore: 166.4%
4. 🇧🇭 Bahrain: 162.8%
5. 🇮🇹 Italy: 137.9%
6. 🇬🇷 Greece: 136.0%
7. 🇲🇻 Maldives: 130.7%
8. 🇺🇸 United States: 126.8%
9. 🇱🇾 Libya: 125.2%

Source: IMF World Economic Outlook, October 2026

#econsky

Sticky price CPI (slow-to-change consumer prices) rose 3.4% on an annualized basis in September, following a 3.1% increase in August. Graph and track the index from @AtlantaFed in FRED: https://bit.ly/4e6NUB2
#EconSky

#econsky

SILENCE IS VIOLENCE.

#news #following #EconSky #AcademicSky

I nearly spit out my coffee when I read this.

As a historian specializing in oil shocks, I can say that's not a windfall. It is barely a bump.

The 1973 Oil Shock, in its first year, reaped a $100 billion windfall, which is worth around $790 billion today.

Oil is cooked.
#EconSky

Challenging 47’s #Canada trade claims #EconSky #USpol youtube.com/watch?v=_Fml...

Did you know you can find average price data in FRED — from the cost of ground beef and eggs to electricity and gasoline? Check those prices and more https://bit.ly/3Wr6Q7q
#EconSky

I am sure those lobbying for the exploitation of North Sea oil and gas would be pleased if the profits were invested in a Norway-style sovereign wealth fund and/or a green transition fund. #PoliSky #EconSky

Emerging Market Update: Longer-term view of currency movements since the start of the post-pandemic monetary tightening cycle. All currencies indexed to 100 on March 16 (date of the first Fed rate hike); latest data point is 09 Oct #fx #emergingmarkets #econsky