Wiley buys Hindawi -- a $298 million acquisition for GBP 25 million in annual APC revenues -- in bid to expand open-access platforms @pbasken
Does publishing platform Phenom get rolled into Atypon at some stage? > \u201cThe US-based academic publisher Wiley has agreed to acquire London-based Hindawi in what it described as a push to improve its delivery of open-access options.\u201d https://t.co/J3TQpgu809 pic.twitter.com/ZoLydLjMYj
— lorcan dempsey (@lorcanD) January 5, 2021
This is a perfect example of the "ecosystem shrink" that I'm concerned about during and post-Plan S. Obvs there are loads of business reasons beyond eliminating another pure-OA stand-alone publisher but the risk remains: How many will there be in 2 years? #AnotherOneBitesTheDust https://t.co/DaLpe3AY8F
— Sara Rouhi (@RouhiRoo) January 5, 2021
More from Finance
Last month I wrote about the distinction between long-term secular inflation and shorter-term cyclical inflation
It has been clear for several months that we are in the middle of a cyclical rise in
Now, in the short-term, the manufacturing sector is red hot, driven by a pent-up demand rebound in goods consumption.
— Eric Basmajian (@EPBResearch) January 4, 2021
Commodity prices are screaming which gives legs to "goods" inflation in the short-term.
8) pic.twitter.com/rQcqHf1OD0
The full thread can be reviewed here:
Consensus continues to conflate the inflation story, mixing and matching long-term and short-term charts to fit what is generally a secular inflation narrative.
— Eric Basmajian (@EPBResearch) January 4, 2021
Here are my two cents to make the distinction clear.
1)
Today's PPI report should have been expected to surprise to the upside as the leading indicators of inflation have been screaming to the upside for months!
Here is the ISM prices paid index, cumulated into a growth rate
3/

Industrial commodity prices have also seen a major acceleration for months.
4/

So today's PPI report was in line with the leads, suggesting that we have a cyclical upturn in inflation that is * primarily concentrated in the manufacturing sector *
This is a key point.
5/

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