Deer Point Macro ✓

@deerpointmacro · United States · joined 06 Aug 2019

Macroeconomics, emerging and developed markets, FX, covered interest rate parity, and cross-currency basis swaps.

31 924Followers

2 239Following

15 620Posts total

13.3KViews on collected posts

Latest posts

Deer Point Macro ✓@deerpointmacro22 Sep

Markets may be mispricing labor-market risk. Employment breadth remains positive, but the margin of companies hiring versus laying off continues to narrow. The deterioration is increasingly broad-based, with Consumer Discretionary the only sector showing even a marginal https:/

1.5K views · 13 likes · 1 reposts · 4 replies Open on X →

Deer Point Macro ✓@deerpointmacro22 Sep

The Chicago Fed’s flow-consistent unemployment rate also sits above the headline rate, suggesting current labor-market flows are consistent with somewhat higher unemployment. Together, these measures suggest that underlying labor-market conditions have weakened more than the http

4.7K views · 27 likes · 3 reposts · 0 replies Open on X →

Deer Point Macro ✓@deerpointmacro21 Sep

Poultry inflation may be the next food-price pressure point. Current moves in key inputs imply roughly 1.3% upside to poultry prices, with fishmeal and feed costs doing most of the work. There are some offsets, but not enough to neutralize the broader input-cost shock. https://t.

1.8K views · 17 likes · 1 reposts · 3 replies Open on X →

Deer Point Macro ✓@deerpointmacro21 Sep

@deerpointmacro A common upstream shock can propagate through dozens of CPI components and mechanically produce very broad inflation. In that case the inflation is broad in the cross-section without necessarily representing many independent domestic sources of price pressure. ht

63 views · 1 likes · 0 reposts · 2 replies Open on X →

Deer Point Macro ✓@deerpointmacro20 Sep

@deerpointmacro The broadening inflation data is definitely something to watch, but the fact that we're nowhere near 2022 levels is the key takeaway here. Curious if @JavierMolinaSTK thinks the Fed will start leaning on this breadth metric to justify holding rates steady for long 9 views · 0 likes · 0 reposts · 0 replies Open on X →

Deer Point Macro ✓@deerpointmacro20 Sep

Inflation remains broad, but this is not 2022. More than half of the CPI components in our measure are running above a 3% annualized pace over the past six months, compared with roughly one-quarter below 1%. This suggests that inflation pressure remains relatively widespread ht

3K views · 47 likes · 10 reposts · 2 replies Open on X →

Deer Point Macro ✓@deerpointmacro19 Sep

INDON 5Y spreads have tightened 11bp YTD, outperforming PERTIJ and IDASAL (-6bp each) and PLNIJ (+12bp). PLNIJ’s underperformance likely reflects its earlier 5Y and 10Y dollar issuance, leaving its 5Y bonds 30bp over INDON versus a 1Y average of 34bp. PERTIJ and IDASAL, at http

2.1K views · 18 likes · 1 reposts · 1 replies Open on X →

Against accounts of the same size

7 posts from the last 90 days, next to the 10K–100K follower range. shown to more people than peers of the same size.

Median views1 815this account924median for 10K–100K

Reach, %5.69%this account3.62%median for 10K–100K

Engagement, %1.18%this account1.52%median for 10K–100K

Metric	This account	Median for 10K–100K	Ratio
Median views per post	1 815	924	1.96×
Reach (views ÷ followers)	5.69%	3.62%	1.57×
Engagement rate	1.18%	1.52%	0.78×

Others in this range → Compare with another account → How these benchmarks are built →

Growth & engagement

How the posts we collected actually performed: views and reaction rate post by post, what the audience did with them, and where the follower count goes.

Views per post

2.1K19 Sep

3K20 Sep

6321 Sep

1.8K

4.7K22 Sep

1.5K

Last 7 collected posts, oldest on the left. The scale is logarithmic: one post can outrun the rest a hundred times over.

Engagement rate per post

0.94%19 Sep

1.98%20 Sep

0.00%

4.76%21 Sep

1.21%

0.68%22 Sep

1.18%

Reactions — likes, reposts, replies and quotes — divided by views. Median for 10K–100K accounts is 1.52%.

What the audience does

Likes72.8%123 in total

Reposts9.5%16 in total

Replies7.1%12 in total

Quotes2.4%4 in total

Bookmarks8.3%14 in total

Share of every reaction we collected for this account. Replies mean argument, reposts mean endorsement, bookmarks mean the post was worth keeping.

The follower curve appears once this account has two daily snapshots — we take one a day, and this one is on its first.