Gregory Daco
29.3K posts
Gregory Daco
@GregDaco
Chief Economist @EYnews, @EY_US, @EY_Parthenon. Previously Chief Economist @OxfordEconomics, @IHSMarkit. Father of 3. Husband of 1. 🇺🇸 & 🇧🇪. Views are mine
- On the importance of #vaccines, especially given #Delta variant prevalence! Top 6 #vaccinated states versus least vaccinated: #hospitalizations surging in least vaccinated while barely changing in most vaccinated Via @fundstrat @carlquintanilla @SoberLook
- It took 3 months to reach 100,000 #coronavirus cases globally. It took 10 days to reach 200,000 cases. It took 4 days to reach 300,000 cases
- More masks & more social distancing has meant the seasonal flu nearly vanished in 2020-21 via @chartrdaily @WHO @SoberLook
- About 87% of Americans are concerned about rising costs of household expenses. Endogenous response: About 20-30% buying less as a result of higher prices , mostly amongst lower income families. Via @CivicScience @axios @SoberLook
- US #farm bankruptcies reach 8-yr high > Looks like #tariffs & subsidies approach wasn't a great idea after all via @StatistaCharts @SoberLook
- The most traumatic #jobsreport ever: - Payrolls fell 20.5 million in Apr > largest decline ever > more than 2* worst than during GFC - #unemployment rate +10.3pt to 14.7% - underemployment 22.8% - participation rate -2.5pt to 60.2% - wages +4.7% distorted by composition effect
