For the entire #Swiss economy (private and public sectors together), the gross median monthly wage for a full-time (100%) position was CHF 7024 in 2024. One in ten employees earned a low #wage - chart @SwissStatistics www.news.admin.ch/de/newnsb/Cz...

#AI eco system In a well-functioning, mature ecosystem, the money spent by end users must be sufficient to generate profits throughout the system, chart #JPMorganAM

#China’s trade has also not really suffered, despite the headlines, as #Chinese goods are either redirected to other markets or rerouted via other regions to US consumers, chart #JPMorganAM

#China’s trade has also not really suffered, despite the headlines, as #Chinese goods are either redirected to other markets or rerouted via other regions to US consumers, chart #JPMorganAM

Improving #fundamentals have started to translate into #ratings upgrades across #EM sovereigns and corporates, chart #GoldmanSachs

Following years of underperformance, #European #banks have rebounded with stronger balance sheets and higher profitability, chart #GoldmanSachs

The higher supply of USTs issued to fund Govt debt is likely to put upward pressure on interest rates. This pressure, in turn, could increase both term premiums and the long-run neutral rate, chart @kansascityfed www.kansascityfed.org/research/eco...

#Germany ‘s stagnating GDP keeps going in 3Q2025: 0.0%M, 0.3%Q, chart @destatis www.destatis.de/EN/Press/202...

The effects of #tariffs on the economy do not go in a single direction. On impact and early on they depress #labor markets and #inflation. Over time these effects reverse course, chart @sffed www.frbsf.org/research-and...

(US #tariffs and pay-to-play approach) Analyzing #Japan’s $550bn pledge to invest in the US, chart @stlouisfed www.stlouisfed.org/on-the-econo...

The key question for the whole #AI ecosystem remains whether the appetite to pay for new #technology from enterprises and consumers will accelerate quickly enough to justify today’s elevated valuations - chart #JPMorganAM

S&P 500 #sector returns, chart #JPMorganAM

This week's chart highlights rising #labor market slack, with #unemployment and continuing claims both hitting new highs, chart #JPMorganAM

#Swiss companies reported a total of 88,400 job #vacancies in the 3Q2025. Compared to a year ago, this represents a #decrease of 10,300 jobs (–10.5%), chart @BR_Sprecher www.news.admin.ch/de/newnsb/mm...

Martin Schlegel @SNB_BNS does not consider the agreement in the #tariff dispute with the US to be a decisive turning point for the #Swiss economy, chart @FuW_News www.fuw.ch/snb-zoll-ein...

#JamesComey and #LetitiaJames cases dismissed in blow to #DOJ - Judge finds #LindseyHalligan, who led the prosecution of two of the president’s perceived adversaries, wasn’t properly appointed, chart @wsj.com www.wsj.com/us-news/law/...

#German economy remains deeply stuck in #stagnation – chart @ING_economics @carstenbrzeski.bsky.social

#doodle #AI «AI-driven» is 2025's 'synergy' — The #word that means everything and nothing simultaneously.

The continued growth of #AI is reliant on access to even more #electricity, notes #JPMorganAM

#fiscal #stimulus also helps explain why southern #Europe, which received most of the EU’s Recovery Fund, has been performing so well in recent years, chart #JPMorganAM

#investors shouldn’t underestimate the potency of fiscal policy. In our view, the lack of #fiscal #stimulus in Europe relative to the US goes a long way towards explaining the growth differential b/w the two regions over the past 15y, chart #JPMorganAM

#euro zone #investors should monitor the speed and execution of #Germany ’s #fiscal package in 2026, given its recent track record of #underdelivering on budgeted investments, chart #GoldmanSachs

#Fed now seems likely to bring interest rates back to ‘neutral’ – a level which is believed to be around 3%, chart #JPMorganAM

(captivating) my #Sunday #movie #film #Anniversary (2025) A new American dystopian political thriller @imdb www.imdb.com/title/tt1258...

A critical factor will be the extent to which companies can pass on #tariff costs, which may be challenging given potential #labor market weakness and rising #unemployment, chart #GoldmanSachs

The emergence of the artificial intelligence #AI company #DeepSeek was a reminder to the world of #China’s entrepreneurial spirit, chart #JPMorganAM

Bank of #Israel BoI policy rate (4.50%) decision today afternoon: #BoI is expected to cut rates by 25% to 4.25%, acc. to all 9 economists surveyed by #Bloomberg - chart BoI www.boi.org.il/en

There is no single debt-to-GDP ratio that automatically triggers a fiscal crisis; #Japan’s debt-to-GDP ratio has exceeded 200% for over a decade without catastrophe. What matters more are the surrounding conditions, chart #GoldmanSachs

#Japan #BoJ The overnight index swap market shows that expectations for rate hikes have fallen since #SanaiTakaichi became first female PM of #Japan, chart @opinion

Why #LinkedIn automatically makes me a #follower?

#Bitcoin and #Hyperinflation Problem A #Monetary Economics Observation – Not an Anti-Crypto Polemic acemaxxanalytics.substack.com/p/bitcoin-an...

2025 also reminded us that #AI is a disruptive and unpredictable #technology - chart #JPMorganAM

Heiner Flassbeck: @EU_Eurostat chart clearly shows that since the end of 2023, prices in Europe have been developing very calmly and flatly along the 2% line. What many had called “inflation” was clearly a short-lived temporary event. www.relevante-oekonomik.com/2025/11/21/e...

Instead of crowding out labor-intensive, low-value-added manufacturing, as happened in the past, #China Shock 2.0 may crowd out tech-intensive, high-value-added #manufacturing, chart #GoldmanSachs

GS Research team nudged its forecast for #China’s 2025 real GDP growth from 4.9% to 5.0%, and with even bigger increases for forecasts for the next 2y, chart #GoldmanSachs

#AI ‘s net effect on #employment is highly uncertain and may show variation across industries and occupations over time, chart VC Philip N Jefferson @federalreserve www.federalreserve.gov/newsevents/s...

How @LHSummers, as UST Sec 2000, promoted the financialization of #commodities and enabled unrestrained speculation in #food stuffs, which culminated in the #famine years of 2005-08 and 2022-24, chart @annpettifor.bsky.social annpettifor.substack.com/p/larry-summ...

Trump #tariffs The #unemployment is rising in #Switzerland - notes Martin Schlegel @SNB_BNS www.snb.ch/de/publicati...

Economic growth and forecasts by #Swiss National Bank #SNB US #trade policy clouds the economic outlook, notes Martin Schlegel @SNB_BNS www.snb.ch/de/publicati...

CB policy rate decisions this week, chart @economics www.bloomberg.com/news/article...

#doodle Please don’t mix up: #Zohran - NYC Mayor #Zoltar - Fortune Teller Machine #Zohan - “You Don’t Mess with Zohan” (starring Adam Sandler)

Raising taxes on the ultrarich - A necessary first step to restore faith in American democracy and the public sector, chart @joshbivens-econ.bsky.social @epi.org www.epi.org/publication/...

GS expects increased fiscal flexibility (e.g., #Germany's easing of the debt brake for defense and infrastructure) and reindustrialization (initiatives like the EU's Clean Industrial Deal and European Defence Industry Programme) to contribute to European economic growth in 2026, notes #GoldmanSachs

Substantial investment by well-resourced entities positions them to capitalize on transformative #technologies - chart #GoldmanSachs

#global #equities can continue to rally as economies accelerate in 2026, earnings growth rises, and the #AI theme remains strong, notes #GoldmanSachs

15% of people who are counted as #unemployed or not in the #labor force actually do some gig work, notes #GoldmanSachs

Which #Swiss exports are affected by US #tariffs? – chart @SNB_BNS www.snb.ch/de/publicati...

The biggest 10 US stocks (8 of which are technology-related) account for nearly 25% of the global equity market, and are worth almost $25 trillion, chart #GoldmanSachs

#Partizan fans displayed a massive banner depicting the 1389 killing of Ottoman Sultan Murad I at a game against @FBBasketbol - This isn't "cultural pride." It's deliberate ethnic provocation. @euroleaguenews.bsky.social Your silence is complicity. Act www.euroleaguebasketball.net/en/euroleagu...

The primary goal of #European economic policy is not to maximize welfare, but to protect the business model of industry (neo-liberalism + neo-mercantilism), which has failed miserably - chart @IMF_News www.imf.org/en/blogs/art...