“Everyone is waiting for something…
“Everyone is waiting for something to go wrong,” – @FT reads the turnover of global bank leadership at Goldman, BBV… https://t.co/6jcDKI6LQ8
“Everyone is waiting for something to go wrong,” – @FT reads the turnover of global bank leadership at Goldman, BBV… https://t.co/6jcDKI6LQ8
@GerardAraud Glad to hear it. I fear we historians are more modish.
Sound advice for Europe but the approach is too passive, lacks ambition — Europe has major stakes in current globa… https://t.co/baTR5Pqyjp
Fond memory of a great discussion of Crashed with @DuncanWeldon in London. Thank you to @resfoundation and… https://t.co/I459byiWfF
In truth the entire conference is organized around Grey Anderson’s brilliant new book on 1958. https://t.co/aGpWPImApc
Hundreds of billions in oil assets depend on long-term price assumptions: oil majors assume $125-145 by 2050 v. dec… https://t.co/kLP59F19WP
1958 the anniversary that France forgets: the overthrow of the 4th Republic, uprising in Algiers, establishment of… https://t.co/wEbj6gKNpF
If copper is the commodity with the econ phd, does the recent upturn suggest an EM recovery. @colbyLsmith investiga… https://t.co/gi4nfmHknK
"simplicity is not original; on the contrary, it is the structured whole which gives its meaning to the simple cate… https://t.co/8rL9q5VPSJ
Whatever shape the US may be in, the bald Eagle is doing well! In 1963 there were only 487 nesting pairs in mainlan… https://t.co/OLpybXBXm6
As the eurozone’s QE reaches high tide, the flow of european money into US debt reverses for the first time since 2… https://t.co/sOOsPt9P30
Lower-skilled, lower-earning workers who have the least resources to adjust are the most vulnerable to automation.… https://t.co/B7GzxXghzU
"Mexico folded under pressure, leaving Canada in the lurch — the target of unilateral tariffs — until Ottawa, too,… https://t.co/uskZRsZN2Q
Russia talks about dedollarizing, but almost 70% of its trade is still denominated in $. https://t.co/vqoDUyKOtD https://t.co/XqCB4KRbOS
Strikingly Turkey and Argentina, the current EM crisis cases, are in small group that saw debt/gdp fall since the c… https://t.co/Vf2AUo3Vyq
"could one at least diminish Trump’s symbolic victory in Nafta’s new name? If we can be allowed a little anagrammat… https://t.co/R3ksDZBp7w
This EM risk board by @NordeaMarkets has Chile’s risk level ahead of Turkey, and Israel level pegging. Hardly plau… https://t.co/ShQnC48gWN
"Turkey’s finance minister has blamed “opportunism and stockpiling” for a soaring rate of inflation that reached al… https://t.co/N4Qr98XsXV
Expansion of China’s semiconductor industry means it can now supply 1/3 of its huge consumption from domestic produ… https://t.co/18ekoSh9Cn
Cambridge University’s POLIS is pulling together a fantastic group of people involved in IR, theory and History. Fo… https://t.co/z0KNPX2fNG
Korea and China are outspending US on chip production facilities by 4:1, 6:1 v Europe. @SoberLook @Gavekal https://t.co/67Qk0UWF1Q
"To be fair to Lebanon … Its finances have long defied logic and it has never defaulted on its debt, even when it… https://t.co/7Tl1abwDFN
"complexly-structurally-unevenly determined. I must admit, I preferred a shorter term: overdetermined” – Louis Alth… https://t.co/GwhR6FSbfa
France’s debt/gdp ratio has stabilized at 100% up from 65% before the crisis. @SoberLook https://t.co/fzK6tB83QH
Spanish banks need Turkey’s banks to stay solvent. @colbyLsmith dissects the @BIS_org data on bank entanglement wit… https://t.co/At1tC3hinz
American farmers are stockpiling soy in the hope that the trade war goes away and prices recover. @SoberLook… https://t.co/UR7HX8OySI
"the terms, … still fall short of providing Puerto Rico with a clear path back to debt sustainability” @Brad_Setser… https://t.co/XAXZ6kPTo5
It is not just the level of US gov debt issuance but the heavy reliance on short-term bills that is noteworthy abou… https://t.co/GiiwX2BTB1
Nice summary of the key signposts for Italy's budget, from Kate Allen @FT. https://t.co/YUZcQ3se5e https://t.co/ONu2evu7Q4
That feeling when the excellent @Noahpinion recommends your feed and you gain 600 followers in a couple of hours! a… https://t.co/6SrnPgYTIH
Stealth stimulus? Trump’s infrastructure program? Relatively buoyant local budgets? Dumb luck? Ahead of 2018 midter… https://t.co/fRS0ovqApf
Growth in public construction in the US currently exceeds growth in private sector. Are we reaching peak of cycle?… https://t.co/aZ9lbh6jes
Slowdown in growth in wages in EM post-2008 was even more dramatic than in rich countries. Fascinating from IIF’s… https://t.co/1lDGNVfgiQ
Back to the 1980s corporate debt levels spiked in recessions along with default rates. Currently the debt level is… https://t.co/iXydGZcgaj
How badly would a hard landing scenario in which Chinese growth falls to 2% with significant financial squeeze impa… https://t.co/JtEUo1yD14
. @adam_tooze has noted that the bulk of foreign inflows into the US over the last five years have gone into corpor… https://t.co/dubcDG4a8m
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