ECONOMICS

Authored by Marit Hinnosaar via naked capitalism,

Marit Hinnosaar is an Assistant Professor University Of Nottingham, and Toomas Hinnosaar, University of Nottingham Economic Theory Centre. Originally published at VoxEU.

Social media influencers account for a growing share of marketing budgets worldwide. This column examines a problem within this rapidly expanding advertising market – influencer cartels, in which groups of influencers collude to increase advertising revenue by (more…)

With 'hard' data plunging in May, it is surprising that S&P Global's flash survey of Manufacturing sentiment showed an uptick. Today we get the final print, with many asking will it catch down to ISM's drop.. and will the ISM drop extend…

Sure enough – despite the plunge in real data – S&P Global's Manufacturing PMI survey showed an even stronger improvement from 50.0 final in April to 50.9 flash for May to 51.3 final for May.

However, ISM's (more…)

It's another payrolls week with consensus (+190k) expecting job gains to pick up from last month's +175k number with unemployment widely expected to stay at 3.9%. As DB's Jim Reid writres this morning, the bank's economists think the risks are biased to it rounding down a tenth rather than up. Meanwhile, the JOLTS data tomorrow is many people's preferred employment measure but it's always a month lagged to payrolls which reduces the impact. The employment (more…)