Adam Shapiro
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adamshap.bsky.social
Adam Shapiro
@adamshap.bsky.social
Macrodata Refinement

Personal account | Views are my own
Reposted by Adam Shapiro
Monetary policy tightening raises longer-term yields only when inflation is driven by strong demand.

www.frbsf.org/wp-content/u...
November 24, 2025 at 11:02 PM
Reposted by Adam Shapiro
Update on the state of the job market courtesy of a nudge by @gottliebecon.bsky.social

It's bad!

paulgp.com/2025/11/24/j...
Economics Job Market Update: November 2025 - A Historic Low
paulgp.com
November 24, 2025 at 3:53 PM
Monetary policy tightening raises longer-term yields only when inflation is driven by strong demand.

www.frbsf.org/wp-content/u...
November 24, 2025 at 11:02 PM
Reposted by Adam Shapiro
H/T to Torsten Slok for this SF Fed chart illustrating demand-side influences overtaking supply-side factors as the primary driver of US inflation.
Why this matters:
1. The Fed: Inflation driven more by demand than supply factors argues against a rate cut just as worries mount about the ...

1 of 2
November 24, 2025 at 4:48 PM
Reposted by Adam Shapiro
Exclusive: The U.S. Coast Guard will no longer classify the swastika, nooses and the Confederate flag as hate symbols.

The military service drafted a new policy that classifies them as “potentially divisive.”
U.S. Coast Guard will no longer classify swastikas, nooses as hate symbols
The military service, which falls under the Department of Homeland Security, has drafted a new policy that classifies such items “potentially divisive.”
www.washingtonpost.com
November 20, 2025 at 6:37 PM
yikes
November 20, 2025 at 3:26 AM
Wealthy Calif. town moves to permanently ban pickleball
"This is not a good location for pickleball."
www.sfgate.com
November 19, 2025 at 3:13 PM
Tarrifs tend to raise unemployment and lower inflation.
(you read that right, lower inflation)

www.frbsf.org/wp-content/u...
November 16, 2025 at 3:28 PM
You’re going to have to find alternative ways to get chain restaurant pasta today apple.news/APLkcE64UQlK...
Olive Garden is shutting down all of its 900 stores for 24 hours. Here is why. — Time Out USA
When we first learned about Olive Garden's intention to shut down all of its 900 stores for 24 hours, we panicked. Was the news a signal of more permanent shutterings to come? Alas: the temporary clos...
apple.news
November 13, 2025 at 4:52 PM
This is just wrong
November 8, 2025 at 3:06 PM
“Medicare increases life expectancy by about 1 year at age 65”

economics.uchicago.edu/sites/defaul...
November 7, 2025 at 4:06 PM
Reposted by Adam Shapiro
Mag 7 approaching 100% of the entire stock market
October 31, 2025 at 2:34 AM
Mag 7 approaching 100% of the entire stock market
October 31, 2025 at 2:34 AM
Didn’t know this
October 31, 2025 at 2:27 AM
Reposted by Adam Shapiro
I'd love to help make BlueSky one of the places where young scholars introduce themselves and their work to the world.

If you're a PhD student whose work at least partially focuses on economics of education or education policy, reply to this thread and I'll highlight your work.
October 30, 2025 at 1:23 PM
Reposted by Adam Shapiro
You’d want to compare levels, not growth to make that claim
October 19, 2025 at 2:44 PM
October 22, 2025 at 3:43 PM
8% of 4 year olds have a smart phone 🤨
October 17, 2025 at 2:01 PM
Not sustainable
October 14, 2025 at 12:56 AM
🧐
October 14, 2025 at 12:44 AM
October 10, 2025 at 6:18 AM