ADAM TOOZE

As corporate bond market surged after 2008, stocks held by broker-dealers were run down under shock of crisis & pre… https://t.co/6okkoyoQ65

What is to come is a historic test of the bond market model of corporate finance which expanded from $2trn to $7trn… https://t.co/tVUCFVOkuQ

In the collapse of March 2020 global equity markets lost $20trn in value. From Torsten Slok’s latest chart book at… https://t.co/qZkiYGVEzk

The shock to prime money market funds in March 2020 was even more severe than in 2008. From Torsten Slok’s latest… https://t.co/PUAT7191Id

IF Europe and US are able to replicate Hubei timeline then we would expect them to begin lifting restrictions in th… https://t.co/BJikvrW0QO

Yield-curve control is in effect: The US suffers the most spectacular labour market shock ever 2 weeks back to back… https://t.co/lfcXTIaPkW

In the Informal Economy, There’s No Shelter: The biblical scenes in India remind us that 60% of worlds working po… https://t.co/lThG5d0vh5

Banks are in better shape than 2008 is one of the mantras of 2020. Their capital is stronger. But many are sitting… https://t.co/doKTJ2NmtE

As @Temple_West reports, ratings agencies are in the crosshairs in 2020 both for unhelpful (but honest) wave of dow… https://t.co/h2nGUbHnqK

@You_Shu_China You are right.

Fannie Mae and Freddie Mac, the government-controlled companies that guarantee nearly half of US mortgages, could r… https://t.co/QdB5hy6arH

Fact that ratings agencies are all choosing intellectual honesty over customer service—that they’re all rushing to… https://t.co/kCe9kBnABm

What does a lockdown mean if you are one of America’s almost 570,000 homeless, living on the street or in a shelter… https://t.co/GOTZr209tG

A month that felt like years. Looking back at a period of staggering volatility in financial markets:… https://t.co/y4TPa2Ik5Q

Mortgage banks and services have vociferously resisted adequate stress testing and regulation. Now corona has expos… https://t.co/Br4qlru0WD

The Fed is now following ECB in buying corporate bonds. Is program big enough? Will it extend to financials? What w… https://t.co/96yaIiIhUe

Notch down: @CitiResearch tracking the downgrade of debt across classes of issuers. March 2020 was bad. There is wo… https://t.co/54YpmQKvnI

"Mr. Sippel, @jpmorgan global head of equities, said JPMorgan’s business would suffer if too many employees called… https://t.co/l6h9jFjhI9

March 9th: @jpmorgan suspends relocation plans. An employee who wasn’t feeling well came to the office. JPMorgan tr… https://t.co/jB1S3VNmQV

6.2% as per official? 1/4 allowing for migrant workers? Or 1/3? Whatever the precise # it is clear China is facing… https://t.co/q3KsCmLJEi

We stare with disbelief at America’s vertiginous unemployment numbers but to put them in perspective it is possible… https://t.co/2CrM4DTQPl

To give you some idea of the scramble in my head, before I discovered @FTAlphaville I associated the term with Jean… https://t.co/YUj2E2PIDT

The inimitable and brilliant @DanielaGabor is the featured Cyberflaneur this week at @evgenymorozov Syllabus. A bun… https://t.co/9kBBYOTWCW

“If people don’t die of corona, they will die like this, battling to get on a bus.” The voice of one of tens of mil… https://t.co/8jrd74hopV

I've got a few questions about the Fed slowing the pace of Treasury purchases to ONLY $50 billion/day. $50 bn/day… https://t.co/z5QC0f8xUC

In 2008 shrinking the US current account was a major side-effect of the crisis. This time too. Driven, no doubt, by… https://t.co/euRE27XwcF

With the Turkish Lira closing in on levels last seen in Aug. 2018, @tashecon and I yesterday debated the implicatio… https://t.co/cf7jY5LOPb

“We can pay for what we can do”! @AnnPettifor message in her Green New Deal book is profoundly right and precisely… https://t.co/DKjKVRVL0C

The rand & Mexican peso under-performed again today. We think both suffer from serious fiscal vulnerability. South… https://t.co/HLWdMn6nTx

Ahead of every important Eurogroup, MS circulate Non Papers. What is most striking is the Dutch one highlighting a… https://t.co/Y2u51U6tdD

As usual great piece from the prolific @adam_tooze . The ECB’s interventions are calming the markets and buying ti… https://t.co/WT6Pdqkai4

This is absolutely nuts: the Feds keeps seizing PPE ordered by MA. In desperation the MA Gov creates a backchanne… https://t.co/dByHcfrWok

Nearly $90 billion has flown out of emerging markets during this #COVID19 pandemic. This is way more than during th… https://t.co/CnxQGq6uNI

Walked past CZWG’s 1983 PoMo China Wharf on the Thames. Red to reflect the red-sailed barges which once sailed adja… https://t.co/GiFpfp8yUx

Are you a journalist following developments in the oil markets? Reach out to my brilliant colleague, @paashamahdavi… https://t.co/jsVp4VuR7D