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Jim Power

πŸ‘€ Speaker
1810 total appearances

Appearances Over Time

Podcast Appearances

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

And yet Trump is still harping on about tariffs.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

You couldn't make this stuff up.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

It's it's it's absolutely mad.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

Do you think we're on the brink of a settlement?

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

Yeah, we're seeing the real economic impact of that feeding through.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

In Ireland this week, the service sector PMI, the Pursuit Management Index, fell to 49.7 from 50.7 the previous month.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

And I always stress with these PMIs, the reading below 50 means contraction, a reading above 50 means expansion.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

So the services sector has moved into contraction for the first time since February 2021.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

you know, in the middle of the COVID crisis.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

The Eurozone composite PMI fell from 50.7 to 48.8.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

So in contractionary territory and the services sector is taking a real battering there, 50.2 down to 47.6.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

Eurozone producer prices up 3.4% in April.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

month on month, energy up 11.1%.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

So we are, and in Germany, the comps at PMI fell from 51.9 to 48.4.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

So we are really seeing the impact of the Iranian crisis feeding through to service sector activity, particularly everywhere.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

So it's, and this is only the beginning.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

You know, if this war is prolonged, the duration, the depth,

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

of the crisis would obviously determine all of this but the longer it goes on the more damage it's going to do there was an interesting statistic from Eurostat during the week looking at electricity prices across the EU and guess which country has the highest household electricity price in the EU I know the answer to this one Jim is where you're sitting isn't it

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

It's where I'm sitting.

The Other Hand
The past ain't what many of us remember. Populists promise a return to the good old days.

It's Ireland.