Bloomberg Real Economy reporter. Proud husband of Marie and father of Veronica. Email me at msasso9@bloomberg.net
Atlanta
Joined September 2008
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MikeSasso retweeted
The US merchandise-trade deficit widened in December to a record as the value of imports increased. bloomberg.com/news/articles/… via @economics
MikeSasso retweeted
After the worst spring season in a dozen years, the #housing market needs a boost. The recent drop in rates hasn't done much. But if the Fed starts cutting aggressively, it may signal more serious problems ahead. @msasso
bloomberg.com/news/articles/…
MikeSasso retweeted
For the first time in about 25 years, a majority (55%) of US companies which are already in China don't see the country as in their top 3 priorities for more investment.
bloomberg.com/news/articles/…
MikeSasso retweeted
Some 64% of US consumers said they were living paycheck-to-paycheck at the end of 2022, millions of whom were earning more than $100,000 a year bloomberg.com/news/articles/… via @bbgequality
MikeSasso retweeted
@economics The Bloomberg Economics US team will take credit for being the only forecast that got core CPI right today. Our inflation forecasts underpin our fed funds rate forecasts, currently for a terminal rate of 5%.
MikeSasso retweeted
given persistent US #labor shortages and many questioning the value of a college degree, i wondered if #recruitment was getting more active at the high school level
turns out youth #apprenticeships are indeed on the rise, w/ @nquerolo via @BW @economics
bloomberg.com/news/articles/…
MikeSasso retweeted
In Georgia, the overturning of Roe v Wade and a looming ban on abortion after 6 weeks give Stacey Abrams, Raphael Warnock and other Democrats an opening to attract suburban college-educated Whites to polls.
bloomberg.com/news/articles/… via @bpolitics @brettpulley @NewkirkMargaret
MikeSasso retweeted
Thanks to pandemic-era shake-ups, customer service is changing.
Our CTO @JeffGallino shares his thoughts on call center challenges and the importance of investing in technology to prioritize both employee satisfaction and productivity rates.
Read more from @bloomberg's @msasso.
MikeSasso retweeted
🇬🇧🇪🇺 In this week's Beyond Brexit news:
The UK’s official fiscal watchdog says leaving the EU held back trade and the recovery from Covid-19, and Boris Johnson compares Ukraine’s fight for freedom to Brexit.
Read & subscribe to the newsletter 👇
bloomberg.com/news/newslette…
MikeSasso retweeted
🇬🇧🇪🇺 In this week's Beyond Brexit news:
Boris Johnson ends the year undermined on Brexit and holds off on extra virus measures – at least before Christmas.
Read & subscribe to the newsletter 👇
bloomberg.com/news/newslette…
MikeSasso retweeted
sent my dad one Odd Lots with @tracyalloway and @TheStalwart on commodity prices and he’s totally hooked. now calls are to discuss episodes. such a nice present. – at Arlington, VA
MikeSasso retweeted
Haze Fan, a member of Bloomberg's Beijing bureau, is still detained in China one year on, with no information forthcoming on her case bloomberg.com/news/articles/… via @bpolitics
MikeSasso retweeted
🇬🇧🇪🇺 In this week's Beyond Brexit news:
The UK says suspending parts of the post-Brexit trade deal is “very much on the table,” and Britain tweaks the math to improve the outlook for an agreement with Australia.
Read & subscribe to the newsletter 👇
bloomberg.com/news/newslette…
MikeSasso retweeted
Secretary Raimondo told me that the supply chain disruptions upending the U.S. economy will take “some number of months” to normalize, and vaccine mandates for companies will help to address the disruptions as more people return to work.
2/
bloomberg.com/news/articles/…
MikeSasso retweeted
Friend and colleague Haze Fan named an honoree of the 2021 John Aubuchon Press Freedom Award.
Still in detention after being detained by Chinese authorities 9 months ago.
No access to lawyers or family.
press.org/newsroom/national-…
#China
MikeSasso retweeted
A rising number of U.S. job listings are including wage ranges as employers compete for cooks, truck operators and other scarce workers (via @msasso) trib.al/0l1bor7
MikeSasso retweeted
Monthly BFS released this morning through June 2021. New applications decreased from May but remain high. June 2021 is highest June on record and 7th highest month overall. Top 7 months overall are all since July 2020.
MikeSasso retweeted
Some economists say Biden’s sweeping executive order to promote competition across industries and in the labor market can deliver long-run gains for the U.S. economy by boosting productivity and wages bloomberg.com/news/articles/…