A useful reminder of the relative size of asset markets from Fed’s Nov 2020 Financial Stability Report. Residential real estate is roughly same size as equity market $39-37 trn. Treasury market & commercial real estate roughly same at $20-19trn.
federalreserve.gov/publications/f… https://t.co/aPQWN6giLp
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…