RT @olgatuleninova: Gustave Caillebotte Título original: L'Yerres, effet de pluie Efecto de lluvia Francia, 1875 https://t.co/gOCom3zRoc
RT @njtmulder: Ideal pocket square for this historical conjuncture https://t.co/NZbuo4kVFC
RT @bpmehlman: Democrats appear likely to hold their smallest House majority since 1875-77: bit.ly/2020-Elections… https://t.co/NrmIysIK0I
@DanielaGabor If AE lenders want to bail in the bond holders then they must stand ready to substitute concessional lending on a large scale to
@DanielaGabor As far as I can figure it, the borrowing countries are desperate to preserve market access and view push to enroll private bondholders as
@DanielaGabor Yeah sorry typo from on the go. "Vera Songwe, UN under-secretary general and head of the UN Economic Commission for Africa, says the last
@DanielaGabor Hi @DanielaGabor what do you make of fact that Unac has actually asked for the bond holders not to be enrolled?
In 2020, euro area banks’ exposures to domestic sovereign debt has risen by almost 19% in nominal terms = largest increase since 2012. Prospect of
Latest ECB Financial Stabillity Review expresses serious concern about EA banking sector. In equity markets EA banks barely outperform stranded asset sectors like oil! See
As a result of large bond purchases, 2020 has seen strengthening of sovereign-bank nexus in Italy, France and Germany -> @ecb appears to be seriously
Alarming evidence of a surge in extreme poverty in Myanmar with c. 30 % of households reporting NO income in Sep-Oct. H//t @thantmyintu ebrary.ifpri.org/utils/getfile/… https://t.co/xB27QysISf
RT @dfweb75: 27 novembre 1838 Début de la bataille de San Juan de Ulúa, durant l’intervention française au Mexique de 1837-1839 https://t.c…
Lending to European firms in H1 2020 was strongly driven by loan guarantees. Credit standards are expected to tighten amid higher credit risk going forward
Creating a safe asset for Europe: New debt issued for EU recovery fund and SURE will increase pool of AAA Euro area “sovereign" debt by
The EU Response to the COVID Crisis: Preventing the Great Fragmentation & turning market sentiment towards the euro. This was a great discussion with Marco
If I read this graphic correctly, 1/3 of Italy’s banks are one notch away from losing investment grade status and 80 % of French banks
ECB is issuing an alarming forecasts of a surge in insolvency across Euro area. ecb.europa.eu/pub/financial-… ECB far more alarmist than Fed at the point. See
"Biden administration faces a housing booby trap The battle for Fannie Mae and Freddie Mac is heating up" Dizard as always brilliant! ft.com/content/b2c198… https://t.co/rWwBmFDuCQ
"Credit risk has increased for small and medium-sized enterprises in particular, and they are more exposed than larger firms to tightening credit conditions once loan
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 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 when that goes wrong! @SoberLook
News of vaccine has triggered the largest move out of gold ever. @BankofAmerica via @SoberLook https://t.co/bBWeZS6Mly
The dollarization of Russia in the 1990s is not something that lends itself to statistical precision, but we know the scale was immense. Estimates of
“Losing ground”: how the US trend growth path has shifted down through successive recessions since the early 1990s. @TCosterg via @SoberLook thedailyshot.com/2020/11/23/us-… https://t.co/e6tuVk8zYK
S Africa will be testing the willingness of both domestic and foreign debt markets to sustain its deficits. @alpinemacro via @SoberLook https://t.co/ky0EkxAZ7M
Price of insuring against a 20% equity market correction has fallen by 1/2 since March but remains elevated. @ecb is worried about stability risks. For
One would think that a vaccine would be good news for oil/gas and thus for Russia’s currency. But bets are building against the ruble. Is
“We used to price SOE bonds based on how strong their government backing was,” said Zhang Pan, head of credit rating at a Shanghai-based bond
China’s financial globalization is multi-pronged. One key element is build up of dollar/fx liabilities (money owing/debts) in private Chinese balance sheets, which reached peak in
Commercial Real Estates lending makes up almost 18 % of all lending by German banks! Wow. Sector has been hard hit by corona -> @ecb
Angela Merkel has had a GOOD pandemic! And there isnt really much that Macron can do. @MorningConsult h/t @SoberLook morningconsult.com/form/global-le… https://t.co/4raMQLwzfQ
"a culture of non-transparency,” on vaccine contracts: "The lawyers the lawyers” “Once [secrecy is] peeled away, what you see is a massive privatisation of billions
RT @MehreenKhn: After meeting in Warsaw, PM's of Poland and Hungary sign a declaration calling for a "substantial modification" of the EU r…
Mapping trade policy transition from Trump is complex because it has so many strands: China, Lighthizer 301 retaliation v. France for tech taxes, 301 action
When it comes to household debt and real estate prices, the Dutch are really not so “frugal” and that creates risk, as the @ecb warns.
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