@JosephMayans

Chief Economist | Rarely tweet, mainly listen | Frequently post on LinkedIn (link in profile) | Views are my own, RTs are not endorsements.

 Bentonville, AR
linkedin.com/in/joseph-mayans-a3920a136/
Joined April 2017
  • Tweets239
  • Following367
  • Followers104
15Media
The COVID-19 economic crisis has drawn comparisons to the Great Recession a decade ago, yet there are substantial differences. Explore how #banks and households have weathered the pandemic and what to watch for in 2021: bit.ly/2Mfxts7
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Join Joseph Mayans, Principal Economist, on December 17 to get the latest updates on credit #trends and the state of the U.S. economy: bit.ly/3qBeEiK #ExperianLookAhead #economicrecovery
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Joseph Mayans retweeted
Bankrate@Bankrate30 Oct 2020
The Fed meets next week. Here’s four key themes to keep an eye on: trib.al/czdzkpS
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Join Joseph Mayans, Principal Economist, in a new webinar TOMORROW as he provides the latest data on economic drivers, recovery #trends and the current outlook as of September 2020: bit.ly/3bWD5A9 #ExperianLookAhead #economicrecovery
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Listen in as our experts provide the latest updates on #credit, economy, and state-level recovery #trends in two new on-demand webinars. We'll also cover originations, delinquencies, labor market, and more: bit.ly/37CDPrX
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Get the latest data that #banks, credit unions, and #fintechs can leverage to track the downturn and be correctly positioned for the recovery in our new State of the Economy report for May 2020: bit.ly/3e3xU1k
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The best
Jeet Sidhu
@jeetsidhu_22 Jan 2020
I’ve put together an infographic to explain the recent “basketball” brawl between Kansas and Kansas State in terms people would understand:
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Just when you think there's going to be a trade deal... #trade #deal #markets #notthistime #China
Ha! That is rediculous...
Brad Setser
@Brad_Setser1 Nov 2019
The distortions to Irish GDP created by new tax residents of Ireland (largely tax "optimizing" US multinationals) have become so big that they are contaminating the numbers for the euro area as a whole ... cfr.org/blog/irelands-statis…

Ireland’s Statistical Cry for Help… | Council on Foreign Relations

Ireland’s tax authorities have made the job of Ireland’s statistical authorities almost impossible. The distortions in the Irish data are now so big that the impact the data for the entire euro area.

cfr.org
Better than expected job gains at 128k. Plus big upward revision of 95k jobs over the last 2 months. Labor force participation up to 63.3. Solid report. More to come. #jobs #employment #bls #unemployment
I am sooo ready! #skiutah #altamagic #morepowplease
Alta Ski Area@AltaSkiArea29 Oct 2019
OCTOBUARY 29, 2019 8:30 AM ALTA, UT #AltaMagic #25Days
After watching today's FOMC press conference, I am left wondering if the Fed will ever hike rates again... #fed #interestrates #fomc #monetarypolicy #economics
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Yup. Drives me nuts.
Gnostrils
@gnostrils18 Oct 2019
Airbnb Math: $40/night x 2 nights = $164
Is the consumer starting to wobble? Retail sales down 0.3% over the month - the weakest reading in 7 months. However, over the year, sales are up a solid 4.1%. #consumer #spending #retail #economy
CNBC
@CNBC16 Oct 2019
US retail sales unexpectedly decline in a sign that consumer economy could be cracking cnb.cx/2IX7eCb

US retail sales unexpectedly decline in a sign that consumer economy could be cracking

Retail sales dropped 0.3% last month as households cut back spending on motor vehicles, building materials, hobbies and online purchases.

cnbc.com
I wonder how many years before we reach $10 trillion? #fed #fomc #QE #balancesheet #monetarypolicy fred.stlouisfed.org/graph/?g… #FRED @stlouisfed

FRED Economic Data

Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level

fred.stlouisfed.org
What a difference a year makes! #monetarypolicy #rates #stimulus #economy #economics #global
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This. More of this please. The Fed needs a new communication strategy for the modern times.
CNBC Now
@CNBCnow7 Oct 2019
Fed Chair Powell has delivered a speech in which he quotes from a plaque emphasizing the central bank's independence from politics: "The management of the central bank must be absolutely free from the dangers of control by politics and by private interests, singly or combined."
Maybe the Phillips Curve is done here. Unemployment falls to 3.5% - a 50-year low. And wage growth continues to slide... #bls #unemployment #wages #jobs #inflation
Any predictions for tomorrow’s non-farm payroll number? Consensus estimates are anticipating roughly 145,000 jobs were added in September, up from 130,000 in August. #bls #payrolls #jobs #employment #unemployment #wages
67%Below expectations < 140k
33%Roughly in line 140k-150k
0%Above expectations > 150k
3 votes • Final results
Joseph Mayans retweeted
Brad Setser
@Brad_Setser3 Oct 2019
China's import data broadly maps to the credit impulse numbers here. One reason for the current global slump is that China: a) hasn't done its "typical" stimulus and b) the limited stimulus it has done hasn't trickled out to its trading partners.
Adem Tumerkan@RadicalAdem2 Oct 2019
*The last three stagnant/recessionary periods (2009, 2013, 2015) were boosted when the marginal growth engine of the world this post-08 cycle, China, stimulated via credit + liquidity (light green line). But this time - they’re not over-stimulating (atleast Yet). Downside ahead
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