ADAM TOOZE

For all the drama around Fed announcement of new, boundary-crossing facilities, the overwhelming majority of balance sheet expansion is accounted for by asset purchases of

In March 2020 the tripling in Fed repos was crucial to backstopping the US Treasury market. After that huge surge the balance is now down

RT @jmcolberg: You guys, nut prices are down. twitter.com/adam_tooze/sta…

RT @CoinDesk: The Great Inflation Debate is afoot! In this clip from @BreakdownNLW @adam_tooze looks at which groups inflation has most i…

"Nut prices have fallen to multiyear lows as fears over pandemic and lockdown measures crunch big buyers such as airlines, hotels and pubs” @EmikoTerazono COVID

RT @Noahpinion: In case you missed my recent series of People You Really Should Follow on Twitter, the full list was: @jdcmedlock @roder…

The BoJ is the only central bank any longer maintaining a substantial swap line balance with the US Fed. @wolfofwolfst wolfstreet.com/2020/08/20/the… https://t.co/4XexwmVhM4

RT @RushtonIU: In honour of Sean Connery's birthday, I'm going to nominate this line as the very end of one cultural era, on what defined

RT @Sustainable2050: Some wild stories going around on the results of Portugal’s latest (700 MW) round of solar PV tendering. The least wil…

"French opinion still hesitates to accept the full reality of the position of Bazaine and his army, the counterpart of that into which Bonaparte drove

Dow Jones Industrial index drops EXXON! After lagging its more tech-exposed peers throughout the coronavirus pandemic, the Dow Jones industrial average is finally playing catch-up.

@UJochheim Have important effects? Or do you think he means “have an imposing effect”? Or do significant damage? Whats your suggestion?

This is sensible commentary from @Dereklowe on the issues the may arise as the Vaccine test results begin to come in. blogs.sciencemag.org/pipeline/archi… https://t.co/P1tTMI1AEy

Despite the exclusion of Huawei as a competitor in much of the world, Nokia has somehow managed to miss the boat on the 5G business

RT @yayitsrob: House Dems, Senate Dems, and the Biden camp now broadly agree on a legislative climate agenda, which would pair new national…

RT @StephenBarker_: During the First World War belongings of POWs were catalogued and stored at the British Museum. https://t.co/Z2xFjiXPhE

RT @colour_history: *The move of renovated LCT 7074 to her new home in Southsea today* "German POWs being held in a tank landing craft (LCT…

“% of U.S. workers who tested positive for drugs in urine in 2019 rose to 4.5%, the highest level in 15 years, according to Quest

RT @jonkarl: No sitting Secretary of State has ever spoken at a political convention. And none of the six previous Secretaries even attende…

RT @OWC_Oxford: "One must have a chaos inside oneself to give birth to a dancing star." – Nietzsche, died #OnThisDay 1900 https://t.co/Sl2J…

In 2009 86% of Americans said the economy was the nations’s most important problem. Makes sense. Today only 12% do! You could add 35 %

RT @RBReich: Your reminder that the richest 1 percent own half of the stock market, and the richest 10 percent own almost all (92 percent)…

Covid is above all a disease of cities. Concentrated where population and economic activity are. Across US, wherever population is dense, mobility is still 20-30%

"A raft of metrics show Turkey is becoming increasingly isolated from other emerging markets.” Reserves draining Policy rate deeply negative. -> investors treat it like

RT @natterjee: Forgotten effects of the 1973 energy crisis: fresh from their strike against high fuel prices and the new 55 mph interstate…

"Euro positioning remains stretched. If the US elections go smoothly, the euro could take a hit later this year.” – a very 2020 headline! From

US paid benefits to unemployed. Europe tried to keep people in jobs. What would European unemployment rates have been in May without short-time working systems

EM monetary expansion in face of COVID crisis is roughly captured by M1 monetary measure. Median is 10.63% v. c. 70% for Turkey. Poland, Bulgaria,

Correlation is NOT perfect, but the USD/JPY rate does not move far away from US-JP 10 year real rate differential. @NatixisResearch via @SoberLook thedailyshot.com/2020/08/24/the… https://t.co/aMXwQc5bhm

J.P. Morgan recently boosted its 2020 China growth forecast to 2.5% from 1.3% in April. It is only major economy expected to grow this year

RT @RajaKorman: @adam_tooze @AndreasSteno @marcmakingsense @M_C_Klein There were a few occasions in 2017-19 when price action following new…

RT @CarloJaeger: @adam_tooze Including the pretty remarkable meeting of Luhmann and Adorno in the restaurant Rhinegold in front of the Fran…

To fully decarbonize its electricity grid, California, on current estimates, is going to need in the order of 50* its current battery capacity to serve

RT @jensmithWSJ: China’s economic gains are easily explained, said Mr. Lardy of the Peterson Institute: “They did a much more effective job…

@boulezian Proud to have been your DoS Mark!