ADAM TOOZE

When a recession isn’t a recession. Bundesbank on Germany’s 2Q of neg growth. “A recession in the sense of a clear,… https://t.co/vUemhnKulZ

ECB hawks should remember 2008 & remember 2011. We dont say this enough! https://t.co/9zzcTEnbdM

1) If I was a hedgie one of my main calls would be to buy any significant widening of a spread between peripherals… https://t.co/T0NspGjMD1

What really struck me at these IMF-WB meetings is that the Fed wasn't in focus, even though we're in the middle of… https://t.co/JZ2jlUjyLc

I got to fit in stuff like this map of what ~150 years of colonization looks like. (Native American land loss from… https://t.co/OX6wCx6OOX

Draghi is home alone in the euro zone. Great riff from @GustavAHorn https://t.co/g3Jgv2KPVP

Draghi gescheitert? Ich meine mitnichten und würde eher eher titeln: Mario allein zu Haus. Weil von der Fiskalpolit… https://t.co/1WLfzX4MLo

Goodbye to LIBOR? The shift to new risk-free reference rates involves HUGE quantities of money! $267 trn remained t… https://t.co/IJsfDvlEg3

A huge M&A wave is being driven in the US right now by low interest rates, tax changes and accounting techniques (i… https://t.co/7ARnhKCeSo

How to spot a weak Chinese bank? Baoshang, Jinzhou, Hengfeng were heavily reliant on wholesale funding and were hea… https://t.co/3kk5D7PRLk

Global issuance of corporate bonds and syndicated loans entirely dwarfs equities. In an environment with these kind… https://t.co/6GbIjHcfBS

Where the risks might be in the Chinese banking system: Look at all those “smaller” undercapitalized, unprofitable… https://t.co/HnZODVStlT

@siddiqui71 you are welcome. fellow macro junkie.

Small firm America is slowing down hard! Compared to other major global stock indices, earnings expectations in US… https://t.co/csJiOyP37O

"Although banks are stronger overall, some banking systems have large exposures to sectors with high vulnerabilitie… https://t.co/B5S6xN2qrS

Baoshang, Jinzhou, Hengfeng Fascinating box in the latest @IMFNews GFSR on the stress in the Chinese interbank fund… https://t.co/qaY90xH29K

This is interesting on how the IMF defines a “systemically important economy” not a bank, a s.i. economy.… https://t.co/vKdLSwc1oO

In 80% of systemically important economies there is elevated vulnerability in nonbank financials. In 60% the risk l… https://t.co/vHRMnWbmgk

Does education -> secularization in N. Africa? @MaxCRoser wielding the data …. https://t.co/kKKcU3B0a1

The 2018-9 EM sell off was bad, but since then sov bond issuance by EM and frontier economies has revived. @IMFNews… https://t.co/9YdyaD1lqS

The market expectation is that over the next three years 90% of AE sov debt will yield less than 2% in nominal term… https://t.co/gZxFAs4Y3u

In an econ slowdown half as severe as global financial crisis, corporate debt-at-risk (debt owed by firms that are… https://t.co/KkvT7HZ0jf

Corporate debt, yield chasing, EM $funding: Amidst all the trade talk I dont think the @IMFNews GFSR Oct 2019 got e… https://t.co/h95O44QKlX

For 1st time, top 0.1 % in US now own same amount of wealth as the bottom 90 % (at 22 %of national wealth and

What do aliens want in Fishguard? Hmm… The #Welsh Triangle, by Peter Paget. Harper Collins, 1979. https://t.co/EIKXcGHjdZ

“They appeared to have been given very bad information,” the US official said. “They kept saying things that were f… https://t.co/lP6TORsr65

Looks like a good day out! https://t.co/YbP6RBJDeu

“In light of the criticism from inside and outside the governing council, Mario Draghi might have looked at the (ba… https://t.co/0Lgr2XuNft

“The breath of autumn begins to ice the roadway,” (Pushkin) – Kristalina Georgieva, the IMF’s new managing directo… https://t.co/fuJ04iooBx

Why does @MSNBC keep leaving out @AndrewYang on their graphics? It’s starting to look more intentional than unprof… https://t.co/o0UxLaIzbn

As bank reserves held with central banks in US, Europe and Japan have surged, interbank money market volume has dec… https://t.co/q8NcBRl9rG

"“reform" index is computed as average of indicators capturing liberalizations in 5 areas: domestic finance, extern… https://t.co/Q476lLdjb4

In some EM, convergence with the US has been sustained for two decades. But not in other large EM: Argentina, Mexic… https://t.co/325qE6TLC2

In energy trasition, car plants may become stranded assets. The impact of car plant closures on local unemployment… https://t.co/3TxdAsOwt0

IMF finds that trade shocks have far less sustained and serious impact on regional disparities than automation shoc… https://t.co/XtXn04skcr

Share of universe of sovereign debt held by central bank as a result of asset purchase programs since 2008.… https://t.co/UAC6ydzEI1