August 25, 2020
China’s era of trade surpluses began in 2000. Twenty years on, it is heading towards a record. @SoberLook thedailyshot.com/category/the-d… https://t.co/T2KK9DyqZc
China’s era of trade surpluses began in 2000. Twenty years on, it is heading towards a record. @SoberLook thedailyshot.com/category/the-d… https://t.co/T2KK9DyqZc
Nigeria’s population grows at 2.6% pa -> GDP per capita has been declining since 2014. @SoberLook thedailyshot.com/category/the-d… https://t.co/ALyNWk4TIl
Whichever way you dice it, Peru looks to be suffering the worst COVID GDP shock and Brazil the shallowest of the major Lat Am countries. Via @SoberLook thedailyshot.com/category/the-d… https://t.co/x6JYalekJx
Many investment firms are waiving their charges on money funds to keep the yields that investors earn from dropping below zero. @dawnmlim wsj.com/articles/money… https://t.co/W7vg5wP9Bj
"in early to mid-March, amid extreme volatility across the financial system, the functioning of Treasury and agency MBS markets became severely impaired” Lorie Logan Fed responded with daily purchases > $100bn. libertystreeteconomics.newyorkfed.org/2020/08/market… https://t.co/7PLRHqE8d0
RT @carlquintanilla: “My ultimate vocation in life is to be an irritant,” said the great @ElvisCostello, who turns 66 today. 🔥🔥 “Oliver’s…
RT @njtmulder: An overview of the financial burden Sukarno incurred to obtain independence: taking over and paying off the fl. 4.5bn of Dut…
RT @Julieta451: "The sea is everything… It is an immense desert, where man is never lonely, for he feels life stirring on all sides. The…
RT @MaxCRoser: Many are commenting ‘Thank you Bill Gates!’ And yes, Gates did contribute to this success. But *much more* important were p…
RT @Cal_OES: Statewide fire map for Tuesday, August 25. We are grateful for the tireless work being done throughout California to try to su…
RT @paulkrugman: Huh. I was recording some stuff and happened to look at the background bookshelves — and they're infuriatingly, accidental…
RT @BW: 2011: Exxon is the world's biggest company 2020: Exxon is kicked out of the Dow trib.al/F0oaUAu
RT @DavidSchawel: Exxon spent ~$260bil in CapEx over the last decade and now sits with a market cap of $173bil. twitter.com/bw/status/1298…
RT @JustinWolfers: Janet Yellen and @econjared sound the alarm: 30 million American households reporting that they didn't have enough food…
RT @DexterFergie: By far the most metal UN poster ever. https://t.co/wUZkaK7VUD
For all the drama around Fed announcement of new, boundary-crossing facilities, the overwhelming majority of balance sheet expansion is accounted for by asset purchases of Treasuries and MBS. @MorganStanley via @SoberLook thedailyshot.com/category/the-d… https://t.co/GijE0MA7Zo
In March 2020 the tripling in Fed repos was crucial to backstopping the US Treasury market. After that huge surge the balance is now down to zero. @wolfofwolfst wolfstreet.com/2020/08/20/the… https://t.co/YN8gBThB6F
RT @jmcolberg: You guys, nut prices are down. twitter.com/adam_tooze/sta…
RT @CoinDesk: The Great Inflation Debate is afoot! In this clip from @BreakdownNLW @adam_tooze looks at which groups inflation has most i…
"Nut prices have fallen to multiyear lows as fears over pandemic and lockdown measures crunch big buyers such as airlines, hotels and pubs” @EmikoTerazono COVID crisis exposes yet another set of connections that are obvious but of which one was not aware. ft.com/content/78c677… https://t.co/XDOLzphNuz
RT @Noahpinion: In case you missed my recent series of People You Really Should Follow on Twitter, the full list was: @jdcmedlock @roder…
The BoJ is the only central bank any longer maintaining a substantial swap line balance with the US Fed. @wolfofwolfst wolfstreet.com/2020/08/20/the… https://t.co/4XexwmVhM4
RT @RushtonIU: In honour of Sean Connery's birthday, I'm going to nominate this line as the very end of one cultural era, on what defined c…
RT @Sustainable2050: Some wild stories going around on the results of Portugal’s latest (700 MW) round of solar PV tendering. The least wil…
"French opinion still hesitates to accept the full reality of the position of Bazaine and his army, the counterpart of that into which Bonaparte drove Wurmser at Mantua, 1796, and Mack at Ulm, 1805” Frederick Engels 24 August 1870 Pall Mall Gazette marxists.org/archive/marx/w… https://t.co/NwcWHHUHxY
Dow Jones Industrial index drops EXXON! After lagging its more tech-exposed peers throughout the coronavirus pandemic, the Dow Jones industrial average is finally playing catch-up. markets.businessinsider.com/news/stocks/do… https://t.co/elT8urXNYC
@UJochheim Have important effects? Or do you think he means “have an imposing effect”? Or do significant damage? Whats your suggestion?
This is sensible commentary from @Dereklowe on the issues the may arise as the Vaccine test results begin to come in. blogs.sciencemag.org/pipeline/archi… https://t.co/P1tTMI1AEy
Despite the exclusion of Huawei as a competitor in much of the world, Nokia has somehow managed to miss the boat on the 5G business -> share price stuck where it was in 2013. Collection of @FT reports here. ft.com/content/6383e7… https://t.co/ep82Ep3I84
RT @yayitsrob: House Dems, Senate Dems, and the Biden camp now broadly agree on a legislative climate agenda, which would pair new national…
RT @StephenBarker_: During the First World War belongings of POWs were catalogued and stored at the British Museum. https://t.co/Z2xFjiXPhE
RT @colour_history: *The move of renovated LCT 7074 to her new home in Southsea today* "German POWs being held in a tank landing craft (LCT…
“% of U.S. workers who tested positive for drugs in urine in 2019 rose to 4.5%, the highest level in 15 years, according to Quest Diagnostics, one of the largest drug-testing laboratories in the U.S. The greatest jump has been in workers testing positive for marijuana” @WSJecon https://t.co/HNFdj92oI7
RT @jonkarl: No sitting Secretary of State has ever spoken at a political convention. And none of the six previous Secretaries even attende…
RT @OWC_Oxford: "One must have a chaos inside oneself to give birth to a dancing star." – Nietzsche, died #OnThisDay 1900 https://t.co/Sl2J…
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