ADAM TOOZE

RT @DuncanWeldon: 2. A longer term thought. What if the pressure for more “fiscal discipline” just isn’t there? In that case we are at an e…

RT @DuncanWeldon: Two thoughts. 1. Is the FX market a more likely source of, for want of a better term, “market discipline” than the bond m…

RT @BJMbraun: "How China escaped shock therapy" by @IsabellaMWeber is endlessly fascinating. Total mastery of the macro picture *plus* a fl…

RT @SergiLanauIIF: India was very fiscally conservative last year. Real spending barely rose but things started changing in Dec-Jan. FY to…

Leaving London Almost one in four of those age 18-44 surveyed by the Future Strategy Club said that they had permanently moved away due to the pandemic, rising to 30% of 25-34 year olds. bloomberg.com/news/articles/… https://t.co/jlVSj5VH4D

RT @fwred: We've had essentially two PEPP regimes so far: – Mar-20 to Jun-20: crisis interventions running at an average €27bn per week, ul…

RT @heimbergecon: What's the role of bond markets in disciplining governments? In light of the firepower of central banks, "talk of wild we…

In 2015, the International Agency for Research on Cancer (IARC) said glyphosate probably caused cancer in humans -> drug eradication programs in Colombia had stopped stop spraying and shift to manual eradication but they struggle to keep up with growers. ft.com/content/03b032… https://t.co/GgcxyaAEZg

RT @Jonnyhibberd: St David's Day facts: the Ukrainian city of Donetsk was founded by a Welshman, John Hughes, and originally named Yuzofka.…

RT @studiotstella: #StanleyKubrick & #BobMcCall in London 1967 https://t.co/k9fzFEfufr

RT @olgatuleninova: George Bellows , American A Day in June 1913 https://t.co/C6dGiza09K

Colombia has had investment grade since 2011 along with Mexico, Peru and Chile. It may be about to lose it unless embattled conservative minority government can pass a fiscal reform. But removing VAT exemptions hits low incomes hardest. ft.com/content/2a5dd9… https://t.co/LoZAMgja7V

RT @AFP: #BREAKING French court sentences ex-president Sarkozy to 3 years in prison, including two years suspended https://t.co/N6w0UXGV6j

RT @BIS_org: During the run on #MoneyMarketFunds in March 2020 large investors paid little attention to the liquidity conditions of individ…

US Treasury drops Trump-era opposition to new SDR allocation at IMF whilst calling for those already issued to be allocated to low-income countries that need them most. ft.com/content/8535e5… https://t.co/V10yZmjj5L

Yellen indicates that the US will no longer advocate for safe harbor provisions called for by corporate lobbyists in digital tax negotiations. ft.com/content/c2a680… https://t.co/jE4x3AS6BO

At he Fed confirmation hearing in 1994 Janet Yellen startled some in the audience when she emphasized the needs of working people. "What the Fed should be pursuing is the economic welfare of working people, of all Americans," nytimes.com/1994/07/23/bus… https://t.co/ENiQrSbTQO

Janet Yellen was nominated to the Fed board in 1994 nytimes.com/1994/07/23/bus… The background to her nomination was the bond massacre of 1994 discussed in the Chartbook Newsletter #14 Sign up here adamtooze.substack.com/p/chartbook-ne… https://t.co/2g4rTrfQxA

@dsquareddigest @jmackin2 @alanbeattie Yup. I use precisely that chart in the newsletter to put the 1994 “massacre” in context. You have to know what you are looking for to find it!

RT @dsquareddigest: @jmackin2 @alanbeattie @adam_tooze https://t.co/troXBhsjGX

RT @70sBachchan: “The manure production of feedlots alone is staggering: Animal feedlots in America produce an estimated 2 billion tons of…

RT @CardiffGarcia: Interesting survey of the evidence that the yield-spike of 1993-94 was led by the Fed rather than by bond vigilantes: "O…

RT @crossbordercap: clever focus by @adam_tooze on 1994 bond sell-off. It truly was a #Fed hijack. Bond vigilantes always loomed more over…

Are bond vigilantes real? At least as far as the US is concerned it is far from obvious. Sign up for the new chartbook newsletter here: adamtooze.substack.com/p/chartbook-ne… https://t.co/OWxXUGVAg3

Bond vigilantes, 1994 and the Bond market massacre Chartbook Newsletter #14 just posted. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/JJgTn05nYg

Since bond vigilantes are very much in the news right now e.g. @RobinWigg excellent piece ft.com/content/542d61… Lets talk about 1994 and the great bond market massacre Chartbook Newsletter #14 adamtooze.substack.com/p/chartbook-ne… https://t.co/4lZmomK1CG

RT @MattZeitlin: the bond vigilantes are calling from inside the house (fed) twitter.com/adam_tooze/sta…

Since bond vigilantes are very much in the news right now e.g. @RobinWigg excellent piece ft.com/content/542d61… Lets talk about 1994 and the great bond market massacre Chartbook Newsletter #14 adamtooze.substack.com/p/chartbook-ne… https://t.co/CGA7KUg0Ik

In 1994 after the great bond market massacre of that year Clinton advisor Carville said he wanted to be reincarnated as the bond market? But why not as Greenspan? Chartbook Newsletter #14 on bond vigilantes is up. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/FDL6ToW8WO

Are bond vigilantes real? Yardeni himself suggests that as far as the US were concerned 1994 was the main case in point. Does that hold up? Chartbook Newsletter #14 investigates. adamtooze.substack.com/p/chartbook-ne… https://t.co/F9ojVB3mux

RT @DuncanWeldon: Fantastic edition of Chartbook in which Adam puts on his contemporary financial historian hat and goes in search of the b…

Bond vigilantes, 1994 and the Bond market massacre Chartbook Newsletter #14 just posted. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/wXRVrpdLmK

If taken at face value this is staggering. In Dec 2020 40% of US adults self reported symptoms consistent with depressive or anxiety disorder! Up from 11% in Jan-June 2019. @StatistaCharts via @SoberLook I guess 2020 really was a bad year! https://t.co/kNo5av0Tlj

US economy grew in both Q4 2020 and Q1 2021. The EZ not so much. @OxfordEconomics When are European capitals going to wake up to seriousness of the outlook? thedailyshot.com/2021/02/25/ame… Chartbook Newsletter 13 calls for more urgent action in Europe. adamtooze.substack.com/p/chartbook-ne… https://t.co/bWqzMUltq3

Mexico’s virus response may have been catastrophic but its vaccination program seems to be going relatively well! @OxfordEconomics via @SoberLook https://t.co/S3V1fy2mxa

S Africa’s financial outlook in 3 graphs from @SergiLanauIIF Given low growth S Arica need a painful primary surplus to stabilize debt. Planned adjustment is typical austerity push. Public sector wage bill reduction is unusually large. Telling that there is a database on that! https://t.co/0qryzDKcj1