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But we saved everything 🙂.
George Kikvadze highlights rising stagflationary pressures as both inflation and producer prices surge.
He points to a producer price index increase of 6.0% year-on-year, nearly three times higher than expectations, and notes that the core PPI also doubled forecasts. Consumer price index growth of 3.8% was reported for the previous day. Real wages are described as negative, and Kikvadze suggests that China could help address some of these economic challenges.
Kikvadze has recently commented on strong tech sector results, citing TSMC’s $35.9 billion Q1 revenue and 66.2% margins driven by AI demand. He has also reported that the AI bottlenecks portfolio rose 85 percent over the past year. These remarks follow a series of posts analyzing key drivers in the current market environment.