Peter BreIezrin @MakingaMagreth

Chief Global Strategist and Director of Research @bcaresearch formerly with Goldman Sachs & IMF bcaresearch.com Hilbert space Joined August 2016

Tweets

175
Followers

76
Following

259
Likes

25

Peter Berezin @PeterBerezinBCA

3 weeks ago

Okay, here’s the twist: I think the correct answer is “81 and super rich”. The reason is that the moment when you were 18 and poor isn't going anywhere. It will always be part of your world line, forever etched in spacetime, regardless of how old you are now, just like every…

Peter Berezin @PeterBerezinBCA

3 weeks ago

17 8 32 25K 1

13 3 37 13K 5

Peter Berezin @PeterBerezinBCA

3 weeks ago

Big pop in initial unemployment claims. This looks partly like a seasonal adjustment issue to me, coinciding with the Labor Day weekend. Non-seasonally adjusted claims were up only 8K.

16 30 140 16K 24

Download Image

Peter Berezin @PeterBerezinBCA

3 weeks ago

That would be ironic #meta

Sabine Hossenfelder @skdh

3 weeks ago

That would be ironic #meta

400 146 2K 276K 161

11 2 26 8K 1

Chester Ntonifor @CNtonifor

3 weeks ago

There is something alluring to me about #palladium. Maybe it is that the #gold and #silver rush that everyone is focused on, has left this beautiful underdog undervalued. Why undervalued - demand/supply fundamentals are very compelling.

1 8 28 7K 13

Download Image

Eyassu Wossen 🇪🇹 @EyassuWossen

3 weeks ago

Happy Ethiopian new year 🇪🇹 2018 Ethiopia turns the page, but not her story. We are the land of Abay, of light, of resilience. A new year, a new chapter: stronger, united, unshakable.

8 74 1K 38K 13

Download Video

RobertTimper @RobertTimper1

3 weeks ago

The labor differential in yesterday's NY Fed Survey of consumer expectations showed a further deterioration in labor market conditions. The deterioration was largely driven by a sharp decrease in the probability of finding a job.

1 14 46 6K 11

Download Image

Peter Berezin @PeterBerezinBCA

3 weeks ago

That’s a bigly decline

11 31 126 12K 6

Download Image

Peter Berezin @PeterBerezinBCA

3 weeks ago

After briefly bouncing back in May, soft-data labor market indicators have fallen back into recessionary territory.

10 74 333 22K 67

Download Image

Peter Berezin @PeterBerezinBCA

3 weeks ago

Which way do you think construction employment is going to go?

51 93 486 77K 110

Download Image

Felix Vezina-Poirier @felixavp

3 weeks ago

NY Fed survey shows 1y inflation expectations up to 3.2%, but 3y & 5y horizons anchored. Stable long-term expectations gave Powell room to pivot at JH. Labor perceptions are the weakest since 2013, pointing to rising precautionary savings and softer spending ahead.

1 5 32 17K 7

Download Image

Peter Berezin @PeterBerezinBCA

3 weeks ago

I keep hearing about how growth outside the US has been "surprisingly" resilient. Yeah, because there was a huge surge in US imports earlier this year, commensurate to what happened during the pandemic. That's all over now.

18 54 227 25K 33

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

According to Redfin, there are now more home sellers than buyers. This is a key reason why home prices have fallen for four months in a row.

42 134 605 78K 118

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

On September 9, the BLS will release annual benchmark revisions to non-farm payrolls for April 2024 to March 2025. Based on the already published data from the Quarterly Census of Employment and Wages for the last three quarters of 2024, it is likely that past payrolls will be…

26 89 389 81K 92

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

With Trump clamping down on green energy, natural gas prices should rise.

5 27 112 11K 16

Download Image

Jonathan LaBerge @JLaBergeBCA

4 weeks ago

With the August data and the recent revisions, US nonfarm payroll growth has now fallen below 1% on a YoY basis. Historically, that has been an excellent recessionary signal. The race is on: Fed rate cuts versus a dangerous weakening in labor market momentum.

7 9 69 8K 16

Download Image

Chester Ntonifor @CNtonifor

4 weeks ago

Sometimes, the answer is simple for the #dollar. Just KISS.

0 7 37 6K 8

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

New home inventories in the US south are now above their pre-GFC peak.

21 72 254 28K 57

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

I keep hearing how tariffs are primarily a tax on US consumers. That’s not correct. More than two-thirds of US imports are intermediate and capital goods. Tariffs are primarily a tax on businesses.

65 57 254 35K 73

Download Image

Peter Berezin @PeterBerezinBCA

4 weeks ago

Over the long haul, of course, businesses will pass on higher costs to customers. I am talking about the short-term impact.

14 2 30 4K 1

Peter Berezin @PeterBerezinBCA

4 weeks ago

The prime-age employment-to-population ratio perked up in August. However, this was partly due to more people working part time. The full-time ratio for all workers declined by nearly 0.2% percentage points.