ADAM TOOZE

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Brexit is doing a number of UK right now. But dangerous to jump to conclusions about stock market reaction as

October 23, 2020

Brexit is doing a number of UK right now. But dangerous to jump to conclusions about stock market reaction as in lh graph from @business @SoberLook
Actually as IMF GFSR shows, it is ENERGY sector that took big hit in UK, driving market down & FINANCIALS.
imf.org/en/Publication… https://t.co/CTFF182cI0

Global banks were hammered by the corona shock in 2020 with median ROE falling to 2%. Euro area banks are

November 26, 2020

Global banks were hammered by the corona shock in 2020 with median ROE falling to 2%. Euro area banks are bottom of the pile and

"Random Length Lumber" is the #2&Btr 2×4 specification of lumber that is deliverable into lumber futures contracts traded at the

November 26, 2020

"Random Length Lumber" is the #2&Btr 2×4 specification of lumber that is deliverable into lumber futures contracts traded at the Chicago Mercantile Exchange. Prices are

Oil inventories at Cushing, OK (the settlement hub for WTI futures) have been climbing and you know what can happen

November 26, 2020

Oil inventories at Cushing, OK (the settlement hub for WTI futures) have been climbing and you know what can happen when that goes wrong! @SoberLook