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UK journos focused on regular pay growth - a lagging indicator. Total pay growth, 9.9%, highest in over 30 years. Historically wage drift – gap between total pay growth and settlements – has been a good predictor of future settlements #slippingtheanchor ow.ly/uORV50J9L2G
For more on this story, @Refinitiv Eikon users can search for ‘DSNEWS’ in the Eikon toolbar 4/4
In the euro area and UK, confidence in households’ own financial situation is now down to levels that have invariably led to #recession in the past. This raises the question: are #CentralBanks close to ‘peak hawkishness’? 3/4 pic.twitter.com/DNKVyWfq5Z
The S&P 500 has fallen more than 10% since Fathom finalised its Global Outlook, Spring 2022. We saw an 80% chance that the #SP500 would fall through 2022 as a whole 2/4 pic.twitter.com/pN9bW3KG8Q