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Ian Shepherdson @IanShepherdson
Joined July 2011
  • Posts 10,503
  • Following 990
  • Followers 31,065
1,023 Photos and videos
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Ian Shepherdson@IanShepherdson
16 Sep 2024
34 years is enough for me. I could not have found a safer pair of hands than Sam's, plus he and Olly are way better at Excel than me.
Samuel Tombs
@samueltombs
16 Sep 2024
Thrilled to formally become Chief US Economist at Pantheon Macro today. @IanShepherdson has been an incredible mentor since I switched focus from the UK in Feb. I look forward to maintaining Pantheon’s reputation for incisive research on the US economy, supported by Oliver Allen.
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If AI isn't going to wipe out millions of jobs every year, it has to generate productivity gains of about 7% pa in order to justify the capex. Impossible. So someone has to lose money Big Tech Has Suddenly Flipped on the AI Jobs Wipeout Scenario wsj.com/tech/ai/ai-workers-t… via @WSJ

Big Tech Has Suddenly Flipped on the AI Jobs Wipeout Scenario

As public opinion of AI has shifted into the negative, warnings of mass employment reductions have also diminished.

wsj.com
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Things probably not as bent as FIFA:
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👇👇👇👇
Samuel Tombs
@samueltombs
Jun 30
Hard to have faith in the JOLTS data when only 25% of firms approached by the BLS agree to participate in the survey, and only 35% of those in the sample respond each month. The non-response bias is now huge. "Big data" measures of postings from Indeed and LinkUp are likely better bellwethers, and they have continued to deteriorate:
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It's "badly". Otherwise you make no sense. Oh wait
Jack
@jackunheard
Jun 27
Why do Democrats want to turn the United States into a third world country so bad? What do they gain?
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Genius
◥◤Kriston Capps@kristoncapps
Jun 26
This is the one true recipe for a Reflecting Pool: 2oz rum, 4oz pineapple juice, 1oz blue curacao, one Blue Razzberry Fruit Roll-Up
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History will be very hard on Mark Rutte.
Aaron Rupar
@atrupar
Jun 24
OMG -- Rutte even brought visual aids to enhance his Trump ass kissing
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Well, one of them had a decent hairdresser
Andrew Leyden
@PenguinSix
Jun 24
New banners on Department of the Interior.
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You really couldn't make this up. Oh wait. You definitely could.
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Druids annoyed about *something*. Pic: @guardian
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This person needs a lot of psychiatric help.
Acyn
@Acyn
Jun 23
Leavitt: It is ludicrous to assume that President Trump would ever sign onto a deal that compares, in any way, shape, or form, to the disastrous JCPOA that Barack Hussein Obama signed onto. They gave the Iranian regime pallets of cash. This deal is going to ensure that it benefits not just America’s national security interests, but the American people as well. President Trump will make sure of it.
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Community note
Contrary to the claim, President Trump signed a US-Iran MOU on June 17, 2026, immediately waiving oil sanctions—a greater concession than the JCPOA—while agreeing to nuclear negotiations. apnews.com/article/iran-u… npr.org/2026/06/19/nx-…
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Wrong tense. False positive. Let's try again: "Has lost". Fixed.
Aaron Rupar
@atrupar
Jun 20
Trump: "The president of the United States is not going to lose in this negotiation"
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What's "cool" about inherited wealth, privilege, and hidden unaccountable power over the elected government’s legislation?
Steve Kornacki
@SteveKornacki
Jun 20
The Royal Procession begins in 5 mins at 9am on NBC. This is such a cool event, hope you’ll tune in!
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Could have stayed in LA another day for the first World Cup match. But I'm not giving the crooks and creeps of @FIFA a penny, ever.
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Sports politicians = nailed-on disaster
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It's 2026 and @Citibank can't send a text to an overseas cell number 🤣🤣🤣
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First time in a @waymo in LA. Unlike my @Uber yesterday, the "driver" is not texting. So that's a win
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Ian Shepherdson reposted
EPP Group
@EPPGroup
Jun 8
Nearly 500,000 Russian citizens enjoyed European holidays last year. Meanwhile, Ukrainians were dying on the battlefield. It's time to end Schengen tourist visas for Russian tourists. Holidays in the EU are a privilege, not a right for citizens of a country waging war on our continent.
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You might think 5,966 miles is too far to travel for a concert. You'd be wrong. @rushisaband @rushtheband
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The spike in Treasury yields is a buying opportunity imo, because the strength in payrolls won't last. Not so sure about the drop in tech stocks, though.
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Still overvalued. By $59,265.37 on my reckoning, give or take.
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