Lightnews — Scholar-powered news

acemaxx analytics @acemaxx.bsky.social · 21h

This is about a huge strategic mistake that was made with the political agenda. #Schröder's concept for reforming (2010) the #German labor market (Hartz IV) with Govt #wage suppression had massive negative consequences for partners in the #EMU and other deficit countries—and that for 2-decades.

acemaxx analytics @acemaxx.bsky.social · 22h

#Germany shows all the signs of a classic #demand shock … The real problem of the #supply shock is usually the demand shock that follows it, chart Heiner Flassbeck
www.relevante-oekonomik.com/2025/10/13/d...

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acemaxx analytics @acemaxx.bsky.social · 22h

#Switzerland is in a classic low-inflation equilibrium — strong currency, subdued external demand, and imported #disinflation - #Swiss inflation PPI in Sept 2025: -1.8%Y, -0.2%M, import prices: -2.7%, -0.5%, chart #SwissStatistics
www.news.admin.ch/de/newnsb/gp...

acemaxx analytics @acemaxx.bsky.social · 22h

I am as excited as a child when I take the ferry. It is so pleasant on the water. A blast!

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acemaxx analytics @acemaxx.bsky.social · 22h

#Picture
When the #ferry arrives, I can cross Lake #Zurich. It's the highlight of my day. It's wonderful to take in the scenery.

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acemaxx analytics @acemaxx.bsky.social · 22h

When strategists use that phrase, they’re invoking a kind of economic puritanism — the idea that suffering (recession, layoffs, market corrections) cleanses past excesses and restores “discipline.”

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acemaxx analytics @acemaxx.bsky.social · 22h

(Wow!) @rbccm
RBC Capital Markets Head of US Equity Strategies tells us @bloomberg.com TV live that "short-term pain is necessary for long-term gain”.

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acemaxx analytics @acemaxx.bsky.social · 22h

As in the 1970s, the negative supply shock causes a wave of price increases and, at the same time, a negative #demand shock, b/c those who benefit from the #supply shock, then as now, have extremely high #savings rates.

acemaxx analytics @acemaxx.bsky.social · 23h

It would not benefit #France to raise #taxes b/c the problem is the #demand gap caused by #saving, and this would not automatically disappear as a result of higher taxes, chart Heiner Flassbeck www.relevante-oekonomik.com/2025/10/13/d...

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acemaxx analytics @acemaxx.bsky.social · 23h

#silver market is less liquid & roughly 9x smaller than #gold’s, amplifying price moves, and without a CB bid to anchor #silver prices, even a temporary pullback in investment flows could trigger a disproportionate correction, chart @markets

acemaxx analytics @acemaxx.bsky.social · 23h

#commodities
#Silver hit the highest in decades as a historic short squeeze in #London intensified, with a fresh surge in prices adding urgency to a worldwide hunt for bullion - chart @markets
www.bloomberg.com/news/article...

acemaxx analytics @acemaxx.bsky.social · 23h

#stocks are the benchmark risk-on asset, with #gold typically a safe-haven, risk-off asset. So the fact that gold has vastly outperformed stocks, which themselves have surged more than 90% over the past 3y, is odd and has raised many questions.

acemaxx analytics @acemaxx.bsky.social · 23h

#stock #gold #correlation is oddly positive this BullMarket - chart #MorganStanley

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acemaxx analytics @acemaxx.bsky.social · 23h

#Germany #inflation CPI in Sept 2025: 2.4%Y, 0.2%M, (Aug: 2.2%, July: 2.0%) - higher due to #services prices: +3.4%Y (goods prices up 1.4%), chart @destatis
www.destatis.de/EN/Press/202...

acemaxx analytics @acemaxx.bsky.social · 23h

#Dutch Govt takes control of #Chinese -owned #chipmaker #Nexperia - chart @financialtimes.com
www.ft.com/content/605e...

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acemaxx analytics @acemaxx.bsky.social · 23h

#RareEarths
#China was responsible for almost 70% of global output in 2024, chart @economics

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acemaxx analytics @acemaxx.bsky.social · 23h

#China’s #rare #earth exports fell 31% in Sept from Aug, customs data showed on Monday, the third straight month of declines, chart @reuters.com
www.reuters.com/world/asia-p...

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acemaxx analytics @acemaxx.bsky.social · 23h

Govts settle budget #deficits with #savings?
OMG, that's so wrong! And imagine: this is written by the dean of Sciences Po of Management, with a career at #ECB and #GoldmanSachs - @data.ft.com op-ed www.ft.com/content/a570...

acemaxx analytics @acemaxx.bsky.social · 23h

UST Sec #ScottBessent on #China
“They are in the middle of a recession/depression, and they are trying to export their way out of it. The problem is they’re exacerbating their standing in the world.” - interview @financialtimes.com www.ft.com/content/fbc5...

acemaxx analytics @acemaxx.bsky.social · 1d

I m watching live as well -

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acemaxx analytics @acemaxx.bsky.social · 1d

Excellent!

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acemaxx analytics @acemaxx.bsky.social · 1d

b/c #Germany is the price-setter and export engine of Europe, its weak producer prices and anaemic domestic demand #suppress inflationary momentum across the continent.

acemaxx analytics @acemaxx.bsky.social · 1d

#Germany’s #flirtation with #disinflation essentially means #deflation for the eurozone.
#Germany wholesale prices (PPI) in Sept 2025: +1.2%Y, 0.2%M (Aug 0.7%, July: 0.5%) - chart @destatis
www.destatis.de/EN/Press/202...

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acemaxx analytics @acemaxx.bsky.social · 1d

#China’s exports of #rare earths, which lie at the heart of recent trade tensions, fell nearly 31% m-o-m in Sept volume terms, and were nearly half of record volumes reported in June this year, chart @reuters.com
www.reuters.com/world/china/...

acemaxx analytics @acemaxx.bsky.social · 1d

#China’s exports to the US plunged again in Sept, down 27%Y, (Aug: -33%) ... exports to the #EU rose 14.2%Y in Sept while those to south-east #Asia, a key transshipment hub, were up 15.6%.

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