- Search Energy EXCH
- DaJoWaBa commented Jul 25, 2022
"Big Interest Rate Hikes May Not Be Over".
, had I missed something: had they started? (One rate raise doesn't make a trend)
ECB’s Kazaks: Big interest-rate hikes may not be over - BBG
- DaJoWaBa commented Jul 13, 2022
Not being the first doesn't surprise me. It's probably a week late, in a sense. I'm sure your imagination will be up to the task and I look forward to the announcement when you've decided, whether it has the attached moniker 'fnaNB' added or not. ...
The race to replace Boris Johnson is wide open, and laying bare divisions in the Conservative...
- DaJoWaBa commented Jul 13, 2022 I'm just curious, 'NotBoris', are you going to metamorphosise to be 'NotX, formerly known as NotBoris'?The race to replace Boris Johnson is wide open, and laying bare divisions in the Conservative...
- DaJoWaBa commented Jul 13, 2022
"One swallow does not a summer make". Whilst it may be a surprising figure, it doesn't necessarily make for a foundational assumption change. One event is a happenstance, 2 a coincidence and three a trend. We'll have to wait for all the other ...
GDP monthly estimate, UK : May 2022
- DaJoWaBa commented Jul 12, 2022
The consumer is taking action on inflation more strongly than the BOE. "The antidote to high prices is high prices".
UK: Retail sales fall at fastest rate since lockdown
- DaJoWaBa commented Jun 16, 2022
Indeed. Saved me writing the same.
Bank Rate increased to 1.25% - June 2022
- DaJoWaBa commented Jun 15, 2022
A cat amongst the pigeons, though.
US Retail Sales fall by 0.3% MoM in May vs. 0.2% expected gain
- DaJoWaBa commented Jun 10, 2022
There we go! "A swallow does not a summer make" but I reckon that's a significant pointer to Joe-Public feeling the wind on a wetted-finger. Energy costs are at the root of everything.
US June prelim UMich consumer sentiment 50.2 vs 58.0 expected
- DaJoWaBa commented Jun 9, 2022
Classic! I did indeed. Thanks! Absolute classic.
Monetary policy decisions
- DaJoWaBa commented Jun 9, 2022
I'll try that again, without typo's: I should add to my earlier comment that if anyone wants to understand Keynes' theory in very broad, yet simple terms, check out the story of Moses as the Pharoah's ...Monetary policy decisions
- DaJoWaBa commented Jun 9, 2022
Because the CB's, VIP's and Economists and all trapped in their own group-think of MMT and the wonder of Keynesian theory that conveniently ignores what even Keynes said should happen when economies are growing or undergoing inflation? Far easier to ...
Monetary policy decisions
- DaJoWaBa commented May 18, 2022
Absolutely. My comment was an invitation for others to comment.
Consumer price inflation, UK: April 2022
- DaJoWaBa commented May 18, 2022
The 'real' rate of inflation is large (Inflation rate - the BOE lending rate) so buying GBP assets can't be attractive.
Consumer price inflation, UK: April 2022
- DaJoWaBa commented May 18, 2022
. Not unexpected but it's still quite something to see it confirmed in black-and-white. Will this be a peak IF energy prices calm down or get no worse?Consumer price inflation, UK: April 2022
- DaJoWaBa commented May 12, 2022
I'd agree with this: "A small landmass country such as UK which should be the most nimble of all in addressing budding problems appears asleep at the wheel. Brexit had potential of making UK the global front runner for innovation and new ideas. ...
Sunak was already under pressure from the cost of living crisis - the UK GDP figures might...
- DaJoWaBa commented May 8, 2022
I can't agree that the individuals were the cause of booms and busts decades later as their time in the limelight was several decades ago, and their successors have had ample time to change that if they wanted to. Booms and busts are a natural state ...
ECB’s Lagarde Says Stagflation Isn’t the Base Case
- DaJoWaBa commented May 5, 2022
Indeed. The FED rate is at 1% and BOE at 1%. The USD is the reserve currency and the GBP is not. BOE foresees inflation dipping quickly in less than a year due to the supply constraints not getting worse and prices probably not increasing so much ...
Monetary Policy Report - May 2022