ADAM TOOZE

Government bond sales in the euro area look set to fall short of the ECB’s purchase plans and investor redemptions… https://twitter.com/i/web/status/1285922547100344321

@LukeGromen Great. Thanks. Got it.

@adam_tooze PBOs Zhou referenced the Bancor specifically in March 2009 in calling for a move away fr USD centric sy… https://twitter.com/i/web/status/1285914129379872770

This overview of balance of demand/supply in global bond markets starting is outstanding. In US Treasury market pen… https://twitter.com/i/web/status/1285917510131265537

Key corollary of the #euco deal: the shadow gambit of turning the ESM into a EZ Treasury (with a similar austeritar… https://twitter.com/i/web/status/1285894432018124800

Race to top: if Amazon/Wholefoods raises wages to $15 minimum -> notable impact on all its local competitors especi… https://twitter.com/i/web/status/1285912477096607744

@adam_tooze @Gavekal the Lord in all His wisdom not only placed on earth precisely the amount of gold that should a… https://twitter.com/i/web/status/1285899375240196096

Just by way of clarification: I posted this because I was completely surprised by it. Had no idea anyone was seriou… https://twitter.com/i/web/status/1285907644402864130

As fast and furiously as the world’s central banks are purchasing debt, there’s still about $1 trillion of sovereig… https://twitter.com/i/web/status/1285907449455587330

Between 1985 and 2018, art delivered annualized returns of 5.3%, according to Citi estimates. Contemporary painting… https://twitter.com/i/web/status/1285902410561589249

@LizAnnSonders @biancoresearch @federalreserve @USTreasury The Fed is the largest holder of MBS too. People think… https://twitter.com/i/web/status/1285182005521649664

With @federalreserve’s balance sheet expanding exponentially, Fed is now largest holder of @USTreasury securities (… https://twitter.com/i/web/status/1285160248932737026

IMO the FinTwit discussion about US Federal troops being deployed to US cities is leaving out the most important pa… https://twitter.com/i/web/status/1285622036971302919

Is China going to move from pegging v. Fx basket to pegging against gold? ?! “Having secured control over Hong Kon… https://twitter.com/i/web/status/1285897377371447299

“The bond part is no longer a good hedge for the equity part. Everything is very expensive, cash is not bringing an… https://twitter.com/i/web/status/1285893205846786048

Thoughts on China's Peoples' Congress system from two scholars at the PKU School of Marxism: "Carl Schmitt suggests… https://twitter.com/i/web/status/1285807311798145024

Liu Xiaoyuan’s recent book on Tibet has new Deng Xiaoping quote on violent reforms in Tibetan areas of Sichuan in 1… https://twitter.com/i/web/status/1285737470601187335

Liquidity provided by automated high frequency trading algorithms in inter dealer Treasury market collapsed in Marc… https://twitter.com/i/web/status/1285816848676724738

March 2020 saw the most dramatic re-pricing of assets in the last 30 years, as measured by volatility-adjusted pric… https://twitter.com/i/web/status/1285806780388265985

From trade deficit to surplus and back again, the 220 year history of the US goods trade balance (as % of GDP). The… https://twitter.com/i/web/status/1285801999082983424

Liquidity provided by automated high frequency trading algorithms in inter dealer Treasury market collapsed in Marc… https://twitter.com/i/web/status/1285761499827441675

March 2020 saw the most dramatic re-pricing of assets in the last 30 years, as measured by volatility-adjusted pric… https://twitter.com/i/web/status/1285760267528306690

Can somebody help me understand why Trump supports Shelton for the Fed. She was critical of Yellen. She is clearly… https://twitter.com/i/web/status/1285738550827384833

From trade deficit to surplus and back again, the 220 year history of the US goods trade balance (as % of GDP). The… https://twitter.com/i/web/status/1285718700541149184

Wonderful. Thank you to @Brad_Setser for organizing this! Josh Younger @jpmorgan on the crisis in March! https://twitter.com/Brad_Setser/status/1285656498631331841

How fluctuations in the price of oil and microchips, which are both cyclical commodities, affect the Chinese trade… https://twitter.com/i/web/status/1285685984818941953

As recently as 2003 half of China’s employment was in primary sectors i.e. agriculture, mining etc mainly farming!… https://twitter.com/i/web/status/1285680953545953283

Implicit pension liabilities are often discussed as a problem of aging rich countries. Big EM face far bigger probl… https://twitter.com/i/web/status/1285675918091005958

Since 2016 China has moved to a monetary regime that allows much larger volatility in exchange rates but stabilizes… https://twitter.com/i/web/status/1285670885718802432

Less free lunch: the decline in contribution of TFP to Chinese GDP growth is one of most alarming development since… https://twitter.com/i/web/status/1285665855276228608

How much does low rate of consumption in major Asian economies reduce the welfare/GDP ratio compared to other facto… https://twitter.com/i/web/status/1285660818533646338

China Inc. Btw 2013 and 2017 China poured $60bn plus into supporting its grossly overextended aluminum industry. D… https://twitter.com/i/web/status/1285656288781885449

@GuthmannR @alpinemacro @SoberLook Agreed. But an accounting identity in the sense that someone juggling plates has… https://twitter.com/i/web/status/1285655156630130691

CoRisk: as China’s importance as a trading partner to EM economies rose, the number of countries whose asset market… https://twitter.com/i/web/status/1285650752959139840