Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profileg
Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ

@JosephPolitano

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Writing a data-driven newsletter about economics @ https://t.co/IanQ9p6ZGQ |

Nuance? In this economy?

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linkhttp://www.apricitas.io calendar_today05-06-2015 22:00:15

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Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profile Photo

3rd Quarter GDP numbers come out tomorrow!

The Atlanta Fed's GDPNow forecast expects 2.9% annualized real GDP growthโ€”higher than the Blue Chip consensus forecast.

3rd Quarter GDP numbers come out tomorrow! The Atlanta Fed's GDPNow forecast expects 2.9% annualized real GDP growthโ€”higher than the Blue Chip consensus forecast.
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Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profile Photo

Thanks for reading! If you enjoyed this thread, here's a link to the full piece. Consider subscribing to my newsletter where I write data-driven pieces on economics twice a week!
apricitas.io/p/europes-longโ€ฆ

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Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profile Photo

The continent's energy woes aren't just limited to natural gas either.

A mixture of luck and dedicated policy has definitely helped the EU prep for this winterโ€”but it is still facing a difficult long-term problem.

The continent's energy woes aren't just limited to natural gas either. A mixture of luck and dedicated policy has definitely helped the EU prep for this winterโ€”but it is still facing a difficult long-term problem.
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Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profile Photo

And European energy problems are likely to persist for several yearsโ€”US LNG capacity is only really projected to start growing in 2024 and EU natural gas futures show prices elevated through 2026.

And European energy problems are likely to persist for several yearsโ€”US LNG capacity is only really projected to start growing in 2024 and EU natural gas futures show prices elevated through 2026.
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Joey Politano ๐Ÿณ๏ธโ€๐ŸŒˆ(@JosephPolitano) 's Twitter Profile Photo

Combined, that may make the situation seem relatively optimistic this winterโ€”but it is worth remembering how dangerous todayโ€™s shortage would be perceived against the pre-pandemic counterfactual instead of the worst-case-scenario counterfactual the EU was facing earlier this year

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