Team Transitory aint dead yet Chartbook #72 weighs the evidence from the latest round of CPI numbers. Delighted to find myself in agreement with @economistmeg On this. See her pathbreaking column from early January! ft.com/content/62ef08… https://t.co/i9UVSXdae2
Chartbook Newsletter #72 just dropped. Team Transitory Roars Back. adamtooze.substack.com/p/chartbook-72… https://t.co/M6qcB45ZUm
RT @ColumbiaEurope: Join Marco Buti, @MESandbu , @LauBooneEco , and @adam_tooze for discussion on the state of the Eurozone governance on J…
Does anyone know of a good source for data on the legal industry, revenue etc and particularly the family law/divorce segment of the industry? For obvious reasons googling is hopeless in this case. Asking for the podcast @OnesandToozePod where we are doing lifecycle economics.
It isnt just consumption that has surged in the US. Investment expectations are on a decade long high too. H/t @SoberLook thedailyshot.com/2022/01/19/fun… https://t.co/reiFxKdzrD
Klaus Schwab welcomes participants to the inaugural European Management Symposium in 1971. Otto von Habsburg (left) delivered the keynote speech at the opening session! www3.weforum.org/docs/WEF_A_Par… https://t.co/oO08bh6soX
On average, European households will pay 54% more for energy in 2022 compared to 2020. thedailyshot.com/2022/01/19/fun… https://t.co/vUuSX2dG35
My two cents on one year of Biden in @guardian twitter.com/MartinPengelly…
RT @michaelxpettis: @adam_tooze Yes. Beijing responded to a demand-side shock with supply-side measures, and so household income lagged, an…
One of the dilemmas that the ECB may find itself facing is how to respond to accelerating house price inflation. thedailyshot.com/2022/01/19/fun… https://t.co/I5snXJGoMe
China’s consumption as measured by retail sales has never recovered from the 2020 shock. Not even close! Striking data this @michaelxpettis thedailyshot.com/2022/01/19/fun… https://t.co/lm3lu9vJR2
First it was the commodity crunch of 2014-16 that sunk commodity related capex, and then a second wave of commodity crashes in 2020 ….. topdowncharts.substack.com/p/chart-of-the… https://t.co/XhT30pUGfN
Given the state of the yield curve, the Fed may be constrained in its ability to hike interest rates for fear of inverting the curve. @alpinemacro via @SoberLook thedailyshot.com/2022/01/19/fun… https://t.co/Gj26He43sO
So 10-yr inflation-protected yields on TIPS are rising from …. -1.2% to -0.6%! I mean, at this rate we could actually be in positive territory. thedailyshot.com/2022/01/19/fun… https://t.co/UEVfJJCWSc
RT @CyrilPedia: 'It is a depressing picture. It is, however, worth reminding ourselves of where the nation was 12 months ago. As 2021 began…
RT @poltheoryother: The 'Giornata della Fede' (the day of faith) – Mussolini's government responds to League of Nations sanctions by asking…
RT @gri_mm: Aus New York kommt ein praktischer Überblick zur deutschen Inflationsdebatte 🙏 @adam_tooze adamtooze.substack.com/p/chartbook-71…
RT @shifrinson: Agreed, something like the below would be my preferred solution. I might include, "The United States does not support Ukra…
RT @PhilippaSigl: Added 🍬: They will be evaluating the cyclical adjustment mechanism (basically output gap x budgetary semi-elasticity). Fo…
@Putti_Casanova @Wochenzeitung @ywegelin For real …. adamtooze.substack.com/p/chartbook-71…
First there was CANOO – the campaign against nonsense output gaps (Dont ask. Never made any sense. Blame it on lack of sleep). Now there is COGT … Campaign for Output Gap Transparency with @BMWK taking a lead. Big win for entire community of folks. @RobinBrooksIIF @heimbergecon twitter.com/pm_steinberg/s…
@PhilippaSigl @BMWK Whatever the outcome, this degree of transparency and engagement on output gap estimation from @BMWK is a fantastic result. h/t to everyone involved in Berlin! @DezernatZ @SDullien @PhilippaSigl @tom_krebs_ @sven_giegold 🙂 @RobinBrooksIIF @heimbergecon
German Ministry for Economics and Climate engages in radical transparency in publishing entire basis for its output gap calculations. This is remarkable. Thank you to everyone involved. h/t @pm_steinberg I'm launching a new silly acronym COGT Campaign for Output Gap Transparency twitter.com/pm_steinberg/s…
RT @PhilippaSigl: 🙏 @BMWK & everybody who worked hard on making this happen! The GER govt just published its potential output calculation…
RT @KeineWunder: Vielleicht von Interesse? @BJMbraun @jvtklooster @maxkrahe @FlorianMKern @Isabel_Schnabel @PhilippaSigl @StephanEwald @SDu…
RT @smmills1960: Reporters @meribah and @bykenarmstrong revealed this judge’s record with juveniles. Now she’s retiring. That’s impact! htt…
@clemfon @BillowsSebasti1 @louisdebrondeau @FredericMerand @laviedesidees Merci beaucoup!
@clemfon @BillowsSebasti1 @louisdebrondeau @FredericMerand @laviedesidees D’accord. Mais, "Paris vaut bien une messe" …. c'est un preliminary stocktake.
@BillowsSebasti1 @louisdebrondeau @clemfon @FredericMerand @laviedesidees Un evolution …. Un “application” même
"It may seem hard to believe today but Brazil and Mexico were once the envy of the world. Their economies grew more than 6 per cent a year from 1951-80, almost as fast as postwar growth paragons South Korea and Japan.” @FT editorial ft.com/content/c53ac4… https://t.co/SX840h7g93
Railroad tycoon Henry Huntington was over 70 when he acquired “The Blue Boy” from the Duke of Westminster for $728,000 (equivalent to $11.3m today) in 1921 ft.com/content/3a94a9… https://t.co/ok7CCLXFft
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