Garros Gong
@drggong.bsky.social
Born in China and educated in the West, sharing unique insights on the latest trends in business, tech, politics, and research.
Ex-Capital Markets Economist | Ph.D. in Management Science | Business Scientist
Ex-Capital Markets Economist | Ph.D. in Management Science | Business Scientist
#econsky
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
November 18, 2025 at 1:15 AM
#econsky
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
This #inflation breakdown is more telling than Canada’s October headline:
1. #Lowest-income: 2.5%.
2. #Renters' highest: 2.8%.
3. #Singles 2.4%, #singleparents 2.1%.
4. #Mortgage-free owners lowest: 1.8%.
Wonder if the #US has a similar inflation breakdown data?
Rethinking #DEI in #Universities
I agree that reducing bias matters, but it should not narrow who can compete. Universities thrive when merit and excellence lead.
Mikko Packalen's piece is a valuable read. This is about mission and standards, not left vs right.
financialpost.com/opinion/opin...
I agree that reducing bias matters, but it should not narrow who can compete. Universities thrive when merit and excellence lead.
Mikko Packalen's piece is a valuable read. This is about mission and standards, not left vs right.
financialpost.com/opinion/opin...
Opinion: Our universities need to ditch DEI and get back to merit and excellence
Led by federal granting agencies, schools strayed from their core mission to focus on ideology and identity. It has been a disaster. Read on
financialpost.com
October 24, 2025 at 2:17 AM
Rethinking #DEI in #Universities
I agree that reducing bias matters, but it should not narrow who can compete. Universities thrive when merit and excellence lead.
Mikko Packalen's piece is a valuable read. This is about mission and standards, not left vs right.
financialpost.com/opinion/opin...
I agree that reducing bias matters, but it should not narrow who can compete. Universities thrive when merit and excellence lead.
Mikko Packalen's piece is a valuable read. This is about mission and standards, not left vs right.
financialpost.com/opinion/opin...
#econsky
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
October 24, 2025 at 1:47 AM
#econsky
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
Three Overhyped #USEconomy Narratives
1️⃣ AI matters, but its GDP boost is overstated
2️⃣ #Unemployment is rising for broader reasons than #AI
3️⃣ Spending is not just driven by the rich.
Markets often cling to one grand narrative, but risk usually hides in what that narrative leaves out.
#econsky
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
October 20, 2025 at 12:51 AM
#econsky
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
Over the past fifteen years, #Reddit’s #relationship advice has increasingly leaned toward:
• Breakups
• Boundary-setting
• Therapy
Notably, #breakup advice spiked after 2020 (pandemic) and 2023 (ChatGPT's rise). Is this progress or emotional withdrawal?
#econsky
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
October 9, 2025 at 4:31 AM
#econsky
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#CBS puts an #anti-woke voice in charge
CBS spent $150M on The Free Press and made founder Bari Weiss report to the CEO.
Seen as a media coup, execs call it trust rebuilding, critics call it political appeasement.
My take? The real risk is #journalism becoming a political tool. You?
#econsky
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
October 5, 2025 at 11:54 PM
#econsky
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
Is this the end of the #officejob?
From 2002 to 2024, office and admin roles dropped from 18% to 12% of #USjobs as #manufacturing shrank.
Rising fast: logistics, food service, healthcare, and tech.
The losers? Repetitive, middle-skill jobs.
The office is being automated. #AI
#econsky
The #AI bottleneck isn’t GPUs
Recent think tank reports share a consensus: America’s aging grid is the real constraint in global AI competition.
In contrast, China’s power grid system is far more advanced, giving it a structural advantage that may outlast the chip race.
The #AI bottleneck isn’t GPUs
Recent think tank reports share a consensus: America’s aging grid is the real constraint in global AI competition.
In contrast, China’s power grid system is far more advanced, giving it a structural advantage that may outlast the chip race.
October 4, 2025 at 8:36 PM
#econsky
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
September 27, 2025 at 12:50 AM
#econsky
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
Do you know why #madeInChina goods can sell so cheaply?
Answer: If it earns more than farming, it’s a good biz. A factory makes screwdrivers at 1.2 yuan but sells them at 1.
Why sell at a loss? B/c another 0.6 yuan profit comes from the shipping box, there’s still a margin left.
#econsky
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
September 25, 2025 at 8:00 PM
#econsky
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
A rare social observation from mathematician Terence Tao, and his theory is basically the cyberpunk plot: society shifting from a balanced olive to a brittle dumbbell.
A decentralized counter-movement is rising. The endgame: #PlatformFeudalism or a #DecentralizedRenaissance?
#econsky
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
August 6, 2025 at 4:28 PM
#econsky
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
What Does #Consulting Actually Do for Firms?
New #NBER paper shows consulting boosts firm productivity by 3.6% and wages by 2.7%.
Both top and struggling firms hire consultants, but low performers benefit more. Gains come from restructuring, not #rentshifting.
#econsky
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
July 23, 2025 at 1:15 AM
#econsky
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
Norway’s $2T wealth fund used #generativeAI for a year: 213k analyst hours saved, productivity +20%.
• NL queries on Snowflake turn complex data pulls into seconds
• AI automated earnings calls in real time for faster coverage
• Hidden Behavioral biases are detected, protecting returns
JUST IN: White House reportedly pressured media to kill a WSJ story. What’s in it?
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
July 17, 2025 at 11:36 PM
JUST IN: White House reportedly pressured media to kill a WSJ story. What’s in it?
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
Trump’s 2003 letter in #Epstein’s birthday album was typed inside a nude sketch. Ended: “Happy Birthday, may every day be another wonderful secret.”
#Trump denies it and vows to sue WSJ.
#econsky
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
July 16, 2025 at 6:38 PM
#econsky
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
Interesting Chart Interpretation:
1. Do Markets Value #FedIndependence? An Event Study Gives A Yes Answer.
2. Is This a Playbook for #Event-DrivenStrategy? Enter on shock, exit on reversal. Profit from pricing the policy signal faster than the market.
#econsky
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
July 16, 2025 at 2:56 AM
#econsky
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
U.S. June #Inflation: Warning Signs
1. Data distortion worsens: Imputation accounts for 35%, seasonal factors at 25-year lows.
2. Tariff effects emerge: Import-heavy goods show broad price acceleration.
#Fed misreading risk rises amid distorted data and #politicalpressure.
#econsky
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
July 9, 2025 at 11:53 PM
#econsky
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Art of #Investing
Saw a chart today. It looks dramatic, but the lesson is simple.
A speculator thinks: “Missed the 10,000% rebound. What a loss.”
An investor thinks: “If a stock drops 99%, it needs ~10,000% to break even.”
Remember: losses grow linear, recovery grows exponential.
The Titanic Exhibition has finally arrived in Toronto. Got to revisit iconic movie scenes and even feel how cold the North Atlantic really was.
#TitanicExhibition #TorontoEvents #Titanic
#TitanicExhibition #TorontoEvents #Titanic
July 2, 2025 at 3:05 AM
The Titanic Exhibition has finally arrived in Toronto. Got to revisit iconic movie scenes and even feel how cold the North Atlantic really was.
#TitanicExhibition #TorontoEvents #Titanic
#TitanicExhibition #TorontoEvents #Titanic
#econsky
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
July 2, 2025 at 1:31 AM
#econsky
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
The most Trump-style bill yet, the #OneBigBeautifulBill, just passed the Senate 51–50.
Even by CBO’s own estimates, this isn’t a policy with clear upside. It’s a high-cost experiment in trickle-down economics. I’ve put together a summary of key #CBO data and #market consensus.
#econsky
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
June 26, 2025 at 4:31 PM
#econsky
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
💡Think you need a $30,000 Bloomberg Terminal for serious financial analysis? Think again.
📄 I made a one-page guide on using #PerplexityAI in #finance, from reading PDFs and market data to doing #DCF and 10-Ks. It includes real prompts and practical use cases.
Tried it yourself?
#econsky
Is China Really Growing at 5%?
Since COVID, trust in #ChinaGDP data has weakened as transparency has declined.
A recent #Fed note applies an alternative GDP using high-frequency activity data. It finds recent GDP figures align with the alternative GDP estimate at around 5%.
Is China Really Growing at 5%?
Since COVID, trust in #ChinaGDP data has weakened as transparency has declined.
A recent #Fed note applies an alternative GDP using high-frequency activity data. It finds recent GDP figures align with the alternative GDP estimate at around 5%.
June 18, 2025 at 11:20 PM
#econsky
What You’re Missing in the #US May #CPI Report
1. Seasonal adjustment distortion: Unadjusted data showed no real decline.
2. Heavy use of imputation: Over 30% of April’s CPI basket was imputed due to #BLS budget cuts. This heavy reliance on estimates raises reliability concerns.
What You’re Missing in the #US May #CPI Report
1. Seasonal adjustment distortion: Unadjusted data showed no real decline.
2. Heavy use of imputation: Over 30% of April’s CPI basket was imputed due to #BLS budget cuts. This heavy reliance on estimates raises reliability concerns.
June 11, 2025 at 11:34 PM
#econsky
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
June 7, 2025 at 3:31 AM
#econsky
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
🌍 Next Week’s #Macro Watch (6.9–6.13)
Markets eye May #CPI for tariff impact, #BCRP's rate call post-low inflation, and key China, India, Norway & LatAm #inflation prints for policy cues. Trade tensions & data quality concerns shape the outlook.
Stay tuned for my weekly brief.
#econsky
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
May 31, 2025 at 10:25 PM
#econsky
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
🌍 Next Week’s Macro Watch (6.2–6.6)
Markets await June 7 US #nonfarmpayroll for wage signals, #BoC’s rate call amid housing heat, and #CPI data from Europe, Singapore, and Indonesia for policy cues. Divergence remains the global theme.
Stay tuned for my weekly brief.
Forget just yoga & running for anti-aging!
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
May 30, 2025 at 1:44 AM
Forget just yoga & running for anti-aging!
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience
Science-backed findings from various studies pinpoint 9 more effective exercises for those 30+.
Ready to upgrade your routine with what actually works? See the list!
#HealthyAging #FitAfter30 #ExerciseScience