November 12, 2020
New Zealand was one of the progenitors of the late-2oth-century model of central banking, now it is “turning Japanese”, rapidly surging its ownership of gov bonds. @markets via @SoberLook https://t.co/Q92Khe3EAN
New Zealand was one of the progenitors of the late-2oth-century model of central banking, now it is “turning Japanese”, rapidly surging its ownership of gov bonds. @markets via @SoberLook https://t.co/Q92Khe3EAN
QE in 2020 has been a continuum of EM and AE with Poland and UK being the switching point. @IMFNews Fiscal Monitor. https://t.co/ThBhHb9GDJ
"What Biden’s Election Means for the Fed. Personnel moves and spending decisions could reshape the central bank” Very useful explained by @NickTimiraos wsj.com/articles/what-… https://t.co/2hIRwPf5fE
News of vaccine was terrible for which stocks? Netflix! Less binging, more going out! @SoberLook https://t.co/U9u3qY2Lp0
Apart from France Europe has been largely absent from the Nagorno-Karabakh conflict. What does this betoken asks @benjudah politico.eu/article/nagorn… https://t.co/JPPvpBz3zM
"Nothing short of a New Deal-style political and economic project, to found a new economic social contract, can overcome political polarisation. Nowhere is this more true than in the US.” @MESandbu YES. BUT that has political preconditions! ft.com/content/179f23… https://t.co/oe0BagmFV7
In first week of November global Covid pandemic mortality exceeded previous April peak. Bad as the US situation is, Europe is the driver! ft.com/content/a2901c… https://t.co/d89npQp3iG
What to do with Eurozone’s redundant bailout fund? Back in April it was clear that ESM was politically dead. As I argued here: socialeurope.eu/corona-bonds-a… @lucasguttenberg makes excellent proposal to repurpose it. hertieschool-f4e6.kxcdn.com/fileadmin/2_Re… FT coverage here ft.com/content/483c1c… https://t.co/0foBe7lKbW
Dems are eyeing Fed’s Municipal Liquidity Facility and Main Street Lending Program as potential sources of stimulus in event of roadblock in Senate. But GOP sees them coming -> Mnuchin may cancel them or Senate can exercise pressure by way of Banking Ctte wsj.com/articles/polit… https://t.co/FMaa0eGFcC
Vaccine news eclipses Biden’s victory as driver of enthusiasm for city office real estate investment trusts. @SoberLook https://t.co/JKoCM9p7gh
Strained Chinese real estate giant Evergrande is given green light to tap Hong Kong market. twitter.com/BloombergAsia/…
Excellent explainer/clarifier from @ramez on why carbon taxes to green electricity supply need to be coupled with more targeted incentives and R&D to accelerate technological shift for EV and other applications. twitter.com/ramez/status/1…
"the principle seems to have been established that even the most autocratic of populist leaders cannot say no to the international markets, and has to allow his central bank some independence.” @johnauthers on recent events in Turkey. bloomberg.com/opinion/articl… https://t.co/jdeDNCVgaI
RT @MaxCRoser: In 2004 a carbon price was paid on much less than 1% of emissions. By now 78 different jurisdictions have implemented a ca…
S African unemployment hits a staggering 30% and 60% for youth! twitter.com/Garsen/status/…
Erdogan famously opposes interest rate increases in Turkey, but central bank has found ways to implement a stealth tightening. CBRT via @SoberLook https://t.co/iNu1pyWP3Z
RT @AlecStapp: Based on consumer sentiment, it appears Republicans are aware that Trump lost the election. https://t.co/x6uwGt5S3b
S. Africa manufacturing output has bounced back surprisingly strongly. @SoberLook https://t.co/ecCBKzW14w
MUST READ thread this, for those interested in operations in German public debt, Finanzagentur, ECB. twitter.com/DanielaGabor/s…
The Politics of Bad Options Why the Eurozone's Problems Have Been So Hard to Resolve This by @stefwalter__ @niredeker @ariray_ looks fascinating! H/t @BJMbraun global.oup.com/academic/produ… https://t.co/OMA2qYr2cz
There were 15k more folks hospitalized with Covid in the US yesterday than on election day! Deaths will follow. Midwest will be hardest hit. twitter.com/COVID19Trackin…
RT @MikeGrunwald: My book on the Obama stimulus had a bunch of stories about @RonaldKlain, who managed it really well in his sane, efficien…
RT @elerianm: A beautiful morning at Queens’ College, Cambridge. Wishing you all a lovely day. @QueensCam @Cambridge_Uni @yourscambridg…
RT @niredeker: Looking for a morning read? Try @lucasguttenberg on how the latest crisis has shown that the #ESM is not working and what ra…
RT @KeineWunder: In Deutschland interessiert die Fiskalregel-Debatte leider k̶e̶i̶n̶e̶ S̶a̶u̶ kaum einen der Journo-Kollegen… Egal, es kö…
RT @pascalriche: Impact du Covid sur le PIB global, selon l'estimation de Goldman Sachs. https://t.co/4n7vsGmFhm
RT @jfkirkegaard: This is a constructive proposal from @lucasguttenberg – no point in leaving the @ESM_Press dormant, when the organization…
RT @XHNews: Hefei, capital of E China's Anhui, has seen 11 more lines for China-Europe freight train operations this year, bringing the tot…
RT @NTarnopolsky: Listen for the birdsong 54 seconds into this astonishing recording of the moment all the guns of World War I fell silent.…
RT @rationalfish: A direct quote from this horrifying report: "80% of people who died in jails from COVID were not convicted of a crime." h…
RT @Acosta: CNN: So far today, there have been at least 140,543 daily new coronavirus cases in the United States, per Johns Hopkins Univers…
RT @COdendahl: Germany's highly discriminatory school system almost led vaccine inventor Uğur Şahin down the non-academic school track — b…
RT @aimanMazyek: "Mein Lehrer wollte, dass ich auf die Hauptschule gehe. Erst durch das Einschreiten meines deutschen Nachbars konnte ich a…
RT @DominikLeusder: Everyone has to read @elham_saeidi's blog elhamsaeidinezhad.com/category/elham… It's excellent and covers a range of topics on the…
The Treasury curve steepening trend has resumed. @SoberLook https://t.co/0VwhKkFQTd
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