March 17, 2022
RT @robinsonmeyer: I got to mention one of my favorite oil facts in here: As the first oil boom got underway in Pennsylvania in the 1860s…
RT @robinsonmeyer: I got to mention one of my favorite oil facts in here: As the first oil boom got underway in Pennsylvania in the 1860s…
RT @STOmarova: Great points by @adam_tooze! Yet the commodity-finance links are even more complicated. In 2013, I wrote a piece that led…
After blocking build back better Senate also trying to block Biden’s climate finance push – 1st Omorova & then Raskin. Other avenues may still be open. H/t @AlanZibel @DennisKelleher for pushback on gloomy earlier version of this tweet. ft.com/content/c6c719… https://t.co/vcZMJPHti4
RT @DennisKelleher: You have to make progress when & where you can, recognizing the forces against change, progress & reform are powerful,…
"It is difficult to count all the levels of leverage in play in global commodity markets” As @kl3dger puts it so nicely -> huge surge in prices can actually become a major source of financial stress. Chartbook #100 on macro finance and commodity markets. adamtooze.substack.com/p/chartbook-10… twitter.com/kl3dger/status…
RT @darioperkins: This is v useful on the systemic threat from commodity-market stress. Must central banks become lenders of last resort f…
After Omarova, now Raskin – US Senate has comprehensively stymied Biden’s climate finance push as well as climate infrastructure. ft.com/content/c6c719… https://t.co/RXvM1UT8bl
China has been reeling from the worst stock market shock since 2008, triggering a major gov response. See Chartbook #99 adamtooze.substack.com/p/chartbook-99… https://t.co/NOu5M6yqCi
Wow. Never thought I would say this, but Merz does nail this one. twitter.com/_FriedrichMerz…
Peabody energy, the world’s leading private coal producer, is taking a nasty hit on derivative contracts designed to protect it against price falls. Part of a broader picture of liquidity stress in commodity sector. Check out Chartbook #100. adamtooze.substack.com/p/chartbook-10… https://t.co/mgYmrUxqyT
RT @x_delcourt: Entre hausse des prix et appels de marges sur leurs dérivés de couverture, les négociants en matières premières, étranglés,…
RT @nwitkop: Great @adam_tooze post on the way Russia's war on Ukraine and the Western response has roiled commodities markets. Note all th…
RT @marieke_lisbeth: Une recension de L’ouvrage de Nicholas Mulder @njtmulder par Nicolas Delalande @ScPoResearch à lire absolument sur @l…
Margin calls triggered by surging prices and greater volatility are causing huge stress in global commodity markets. Check out Chartbook #100 adamtooze.substack.com/p/chartbook-10… https://t.co/jrNYgCfgpv
Surging commodity prices -> commodity brokers have to find more funding to buy shipments of oil/gas. They also need to find more cash to pay for derivative hedges -> financial squeeze so severe they are calling for central bank assistance. Chartbook #100 adamtooze.substack.com/p/chartbook-10… https://t.co/N2O7ZBdALQ
Should central banks be intervening to stabilize the stressed balance sheets of major commodity dealers the make the market for oil and gas? adamtooze.substack.com/p/chartbook-10… https://t.co/7C9cBbAFO0
You can see how sanctions might damage collateral and disrupt global finance, but what we are discovering is that surging commodity prices can cause financial stress too! Chartbook #100 explains. adamtooze.substack.com/p/chartbook-10… https://t.co/s98HU7Wg5C
RT @RitaKonaev: Please stop referring to Russian siege tactics as “medieval.” It’s barely been 5 years since the sieges of Aleppo, Eastern…
Kinda amazing to see America's Sec of State applying the term "war of choice" to Putin's attack on Ukraine. twitter.com/SecBlinken/sta…
Why are Europe’s major commodity traders pleading for central banks to step in as lenders of last resort? How can rising prices produce a financial squeeze? Chartbook #100 just dropped. Homage to @JavierBlas for all things commodities. adamtooze.substack.com/p/chartbook-10… https://t.co/wS2NW0OYrT
You might wonder how surging commodity prices could produce financial difficulties for commodity traders. Chartbook #100 is here to (try to) explain. adamtooze.substack.com/p/chartbook-10… https://t.co/6YJCr6Per8
RT @azraisakovic: #Russie🇷🇺/#Ukraine🇺🇦/ Si vous recherchez un précurseur historique de la carte post-soviétique de l'Europe, c'est celle du…
Must central banks become lenders of last resort for commodity markets? Chartbook #99 just dropped by @adam_tooze adamtooze.substack.com/p/chartbook-10…
Must central banks become lenders of last resort for commodity markets Chartbook #100 just dropped: adamtooze.substack.com/p/chartbook-10…
RT @Pocohrs: If you are in New York in mid-April: I’ll be discussing my new book “The New Atlantic Order” with @adam_tooze and Anders Steph…
On brink of retirement Liu He, Xi’s main advisor on the economy, is summoned into action to stop rout in China’s equity markets. A sign of how serious things have gotten! ft.com/content/8d6d13… For background check out Chartbook #99 China under pressure adamtooze.substack.com/p/chartbook-99… https://t.co/qFEMcvK9Hn
RT @ts03ssl: Senate's stonewalling of Sarah Bloom Raskin is a textbook case of regulatory capture. She is qualified. en.wikipedia.org/wiki/Sarah_Blo…
China’s no-COVID lockdown of its manufacturing hub in Shenzhen is NOT a case of OCD. They are facing a potential disaster that could rewrite history of last 2 years. They may still fail at COVID. Chartbook #99 adamtooze.substack.com/p/chartbook-99… twitter.com/jburnmurdoch/s…
The collapse in China’s stock market this week registers the many pressures that Beijing is under. Chartbook #99 pulls together the parallelogram of forces. adamtooze.substack.com/p/chartbook-99… https://t.co/khqPMzIAp7
Will it be Ukraine or will it be a devastating wave of Omicron in China that rewrites the history of the last two years? Check out Chartbook #99: adamtooze.substack.com/p/chartbook-99… https://t.co/gXQpClIBX2
China under pressure: Ukraine, real estate, COVID, tech war with the US. Chartbook #99 on Beijing’s challenges. adamtooze.substack.com/p/chartbook-99… https://t.co/1Jfs2Yyxo5
In the confrontation with Russia the Euro-dollar coalition has been critical. For the East Asian economy and a confrontation with China, Japan’s banks may play a key role. Check out Chartbook #99 adamtooze.substack.com/p/chartbook-99…
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