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John Cassidy
Staff writer at The New Yorker. Politics, economics, and other stuff. Author of "Dot.Con" and "How Markets Fail"
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John Cassidy ha ritwittato
Matt Stoller 3 h
Boom. Elizabeth Warren calls for breaking up Google, Amazon, and Facebook. It's a good week for anti-monopolists.
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John Cassidy 3 h
In risposta a @JohnCassidy
4. Rising wage growth--3.4% annual--now a well-established trend. Great for workers. Won't necessarily spook Fed as long as productivity growth is strong--close to 2 per cent in 4th quarter--so unit labor costs stay pretty steady. But worth watching.
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John Cassidy 3 h
In risposta a @JohnCassidy
3. My guess. Part of the employment shortfall is real, reflecting slowing growth--especially in manufacturing, where the trade war and global slowdown are biting. Part statistical artifact/rebound from v. strong January figures.
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John Cassidy 3 h
In risposta a @JohnCassidy
2. Statisticians would say payroll report is better: larger sample. But still has margin of error of +/- 90K. Best to look at 3 or 6 month averages, but of course policymakers can't always wait that long.
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John Cassidy 3 h
shows why some speculators/hedge funds close out positions the night before the employment report. Can be very volatile & hard to interpret. Payroll report: +20K. Household survey: +255K. Who's right?
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John Cassidy ha ritwittato
Rachel Weiner 17 h
Paul Manafort sentenced to 47 months in prison in EDVA
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John Cassidy ha ritwittato
Josh Lederman 17 h
Here’s what Paul Manafort looks like allocating in court today per sketch artist Art Lien
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John Cassidy ha ritwittato
Ken Dilanian 20 h
Manafort is wearing a green jailhouse jumpsuit in court today. The $10,000 suits are behind him.
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John Cassidy 20 h
"The distinctions between most of the candidates aren’t as important as the similarities. The majority of them have endorsed a strikingly progressive agenda..." My take on the Bloomberg/Brown/Hickenlooper/Merkley announcements.
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John Cassidy 20 h
The Challenge of Standing Out In a Crowded Democratic Presidential Primary
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John Cassidy 21 h
ECB loosens monetary policy with target rate already at zero. Twentieth century seems a long way away.
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John Cassidy ha ritwittato
The New Yorker 23 h
The former mayor Michael Bloomberg never had a realistic chance of winning the Democratic Presidential nomination, writes:
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John Cassidy ha ritwittato
Phil Mattingly 23 h
. will NOT run for President:
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John Cassidy 23 h
Are you surprised?
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John Cassidy 23 h
"At this stage, the distinctions between most of the Demoratic candidates aren’t as important as the similarities. The majority of them have endorsed a strikingly progressive agenda..."
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John Cassidy 7 mar
In risposta a @econwonk
Not sure you are giving King Harold & his lads their due there. That one is called the "Norman Conquest." (A thousand years later, some of the streets where I grew up still had Norman names: De Lacey Mount, etc.)
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John Cassidy 7 mar
Just reading some C. 17th history, when Britain stood proudly apart from the perfidious continentals. Except when a Dutch prince invaded and was proclaimed King by popular acclaim. Funny thing, history.
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John Cassidy 7 mar
Disturbing thread.
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John Cassidy 7 mar
This seems plausible. by
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John Cassidy ha ritwittato
Branko Milanovic 7 mar
This is, IMO, the key graph from today's presentation on global poverty. Whatever poverty line between $1 PPP and $15 PPP you choose, there is a decline in global poverty over the past 25y.
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