ADAM TOOZE

Twitter

Open-end mutual funds engage in liquidity transformation because promise one-day redemptions on assets, even when the invested assets have low

November 24, 2020

Open-end mutual funds engage in liquidity transformation because promise one-day redemptions on assets, even when the invested assets have low or uncertain liquidity -> in March 2020 they became major drivers of the “dash for cash”. We need REGULATION!
federalreserve.gov/econres/notes/… https://t.co/asTbMYXP3i

Why is Euro Area not recovering faster? Why will it not regain 2019 GDP level until 2022? Why is US

January 25, 2021

Why is Euro Area not recovering faster? Why will it not regain 2019 GDP level until 2022? Why is US recovery likely to be far

RT @GustavAHorn: "Not enough" thinks @adam_tooze on the European recovery package. I agree. In addition it is too slow. So

January 25, 2021

RT @GustavAHorn: "Not enough" thinks @adam_tooze on the European recovery package. I agree. In addition it is too slow. So we must give sp…

RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…

January 24, 2021

RT @RobinBrooksIIF: Core inflation is a good fact-check for consensus output gaps. IMF (lhs) & European Commission (rhs) understated slack…