Camilo

Are We Cooked? Rising Yields, Stagnant Growth

Are We Cooked?

Rising Yields, Stagnant Growth

open.substack.com/pub/lambethr...

UK macro stress intensifies: 10y gilt yields >4.5%, UK-German spreads at ’90 highs, persistent inflation overshooting BoE forecasts now December’s steepest ex-pandemic jobs drop since 2009.

£40bn tax rise doing little to improve our fiscal position

🥬

Labour Market Update Rising Costs, Shrinking Participation, and Misaligned Wages

Labour Market Update
open.substack.com/pub/lambethr...

China has the capacity to produce over 40 million internal combustion engine (ICE) cars a year.

Hiring falling more sharply in the UK than in other major economies Slowdown in British recruitment is unusual because it involves low wage sectors, according to data from website Indeed

Hiring falling more sharply in the UK than in other major economies on.ft.com/4gufTcP

open.substack.com/pub/lambethr...

If you want an idea of the sectors that the Trump Administration will target with tariffs

Advocates of NAFTA anticipated that it would gradually narrow the wage gap between the United States and Mexico.

Instead, the opposite occurred: real wages in Mexico have declined since 1994.

This new approach became a bipartisan consensus, Biden didn’t really diverge from it.

USMCA had strong bipartisan support in Congress.

The Trump Administration doesn’t get enough credit for their pro labour approach to trade deals

The renegotiation of NAFTA was a net win for American workers