"Investment-banking and trading revenues hit an eight-year high in the first half of 2020, a counterintuitive boom that shows the heavy hand of the Federal
“Amid extreme economic stress & facing sustained low growth, officials need to exercise caution in commenting on currencies. Currency protectionism, in this day of populism,
RT @SCS_PI: With a #false Malaysian hex code (#755CB7) again, #USAF RC-135W (#AE01CE) spotted engaged in close-in reconnaissance on #China,…
Btw "uncoupling from China" & "China recovery" narratives, so far it this year it is the recovery narrative that wins. Global stocks with bigger China
ECB is expected to make comments today about Euro exchange rate. @sobel_mark @OMFIF thinks this is a terrible idea! "when one authority spoke about exchange
One remarkable turnaround of 2020 has been swing of market sentiment towards Euro since May Franco-German deal. Given size of speculative play this is vulnerable
RT @SergiLanauIIF: Egypt's reserves were flat in July and August, a welcome sign of stabilization and confidence in the IMF program. Also a…
Really enjoyed doing this podcast with @prospect_clark updating the Shockwave narrative from @LRB in the spring. lrb.co.uk/the-paper/v42/… twitter.com/prospect_uk/st… twitter.com/prospect_clark…
RT @HaydnBelfield: Not a pandemic, but we released a Civ mod with another possible existential risk – artificial general intelligence. htt…
RT @jasonhickel: 2. Results: -The USA is responsible for 40% of excess global CO2 emissions. -The European Union (EU-28) is responsible…
RT @jasonhickel: I have a new paper that's out today in The Lancet Planetary Health, quantifying national responsibility for climate breakd…
@D_Shariatmadari To have his courage, his wisdom, his eloquence, his capacity for love … what a person.
RT @D_Shariatmadari: I'm very sorry to say that Elliot Dallen died on Monday, hours after we published his brilliant, life-affirming articl…
The pandemic has shattered economies all over the globe. What can be done about it? Discussion with the Prospect Interview to talk about how the
RT @rgwbk: @adam_tooze Many amateur mods add pandemics to the standard game
Chinese regulators are testing new regs for top real estate firms including Evergrande, Sunac, Country Garden Red lines: a liability-to-asset ratio < 70% net debt-to-equity
The China-backed Asian Infrastructure Investment Bank (AIIB) appointed veteran Swedish economist @ErikBerglof as its first chief economist. As chief economist at EBRD, in 2009 he
Uncoupling? In Finance? "Citigroup has become the first US bank to receive a fund custody licence in China, allowing it to provide a core service
Australia’s portfolio flows over the past two decades were pretty stable and positive. 2020, by contrast, was wild. Equity in. Debt out. Does this reflect
“I'm not sure we've ever had a pandemic in a Civilization game. We’re all in the midst of this experiment. We're not the scientists; we're
In August the share of unemployed Americans who cannot meet their expenses out of unemp insurance income doubled. @MorningConsult via @SoberLook https://t.co/Upzvxhcdij
Are we seeing the end of the supremacy of the US dollar? With soaring government spending and gaping deficits are we on the cusp of
As the overall US unemployment rate surged in early 2020, so too did the Black-White unemployment gap! FRED via @SoberLook https://t.co/vxzvOcKbTL
Just under 60% of US households with incomes less than $49k have suffered a loss of income from employment since March 13th. @SoberLook https://t.co/vQfVYL5pMH
Low wage employment in the US has bounced back from the COVID trough but there is a VERY long way to go. @MorganStanley via @SoberLook
Apropos of a piece in the @guardian on the new and uncanny world that central banks are stumbling into. theguardian.com/commentisfree/… twitter.com/PositiveMoneyE…
Minus petroleum, the US trade balance presents a rather dramatic picture! @SoberLook https://t.co/vcpXqVgGFH
Partners for Peace: manned and unmanned (sic) Because, you know, peace sometimes needs a pilot sometimes just a gyroscope … twitter.com/doctorow/statu…
RT @70sBachchan: Every surge of unemployment levels — whether the 1930s or 1970s or 2020 — brings with it struggles over the control of m…
RT @EdLudlow: SF 8am. https://t.co/bUQHEjzn5b
RT @paldhous: San Francisco right now: a sickly orange glow https://t.co/iZQ99oUGqG
After rebounding, the New York Fed’s near-real-time weekly economic index has stalled at levels below those last seen at trough in 2009. reuters.com/article/us-usa… https://t.co/9l0Sg9zUn2
RT @stefeich: I think this qualifies as the first product of the new working group on the Democratic Politics of Central Banking that @MkBl…
RT @RMontgomeryUK: Very interesting opinion piece on future plausible scenarios as major Central Banks experiment with how to deal with the…
RT @Noahpinion: Approximate income increase since the turn of the century: Ethiopia: 3x Rwanda: 2.5x Ghana: 2x Tanzania: 2x Kenya: 1.5…
Labor productivity in US spiked last quarter as employee hours collapsed. Many firms may decide to maintain lean staff through the recovery, which could keep
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