November 17, 2022
RT @PMehrling: "What concerns us is not a crisis of public finances, but a crisis triggered by the private use of public debt." US Treasu…
RT @PMehrling: "What concerns us is not a crisis of public finances, but a crisis triggered by the private use of public debt." US Treasu…
RT @crossbordercap: Apologies @adam_tooze didn’t know there are two of you! Still whichever one of you two wrote the Treasury market piece,…
@wilddoc89 You know what .. why had that slipped my mind????? – didnt even figure in #1 … sign of the times. But yes. You are absolutely right!
Top Links #117 China's broken consumption, Captain Nemo & the Cantina band on Chartbook adamtooze.substack.com/p/top-links-11…
RT @DanielBZhao: Wow! Had not realized how much JOLTS response rates have fallen. Esp concerning given how much attention it's gotten over…
The one financial market that poses risk to entire system is US Treasury market. Chartbook #172 on the concerns over diminishing liquidity. Really big round up, featuring Rajan, Acharya, Younger, @kateduguid @tracyalloway @NYFedResearch et al adamtooze.substack.com/p/chartbook-17… https://t.co/Rk8LmM3hMn
On Chartbook Newsletter Im trying to survey macro risks to global financial system in our current polycrisis moment #1 Sketching scale and causality adamtooze.substack.com/p/chartbook-17… #2 Global housing adamtooze.substack.com/p/chartbook-17… #3 The US Treasury market adamtooze.substack.com/p/chartbook-17… Up next? Japan https://t.co/R69JzJSkGp
@JamesMc68848079 ROW = rest of world … but wow .. now you mention it, yes, RoW …
Is the ROW in the high tech imports to EU chart that @Bruegel_org put out actually trade within the EU? twitter.com/JorritRO/statu…
@twittwoods The public.Us, to whom they appeal at moments like that. Lets remember who said what in that moment and discount their views in future accordingly.
@MaxJerneck @MerijnKnibbe Oh I had forgotten all about the UK .. yes you are right.
Does anyone at @Bruegel_org have the high tech trade data that would allow you to break down the giant ROW category? twitter.com/kanalkaveira/s…
RT @eurocrates: The true charm of Brussels is that its cityscape reflects the two most optimistic eras of modern European history. Besides…
Sensible statement from Poland on the missile. And where is the accountability for all the voices, ALL the voices, calling for a dramatic NATO response? twitter.com/YanniKouts/sta…
RT @voxeu: Euro-area #immigrants earn on average 30% lower wages than non-immigrants & hold 60% less net wealth. Differences in demographic…
@COdendahl Elections … come now Christian … elections are hard. Just look at the USA! Not much good at airports either … gives a whole new meaning to JFK's line.
Europe's high-tech imports. What I find surprising is not that so few from Russia! But that so few come from the US and China. ROW dominates in all category. Remarkable. Presumably the rest are .. Japan, S Korea, Taiwan … Switzerland??? True statement of multipolarity. twitter.com/Bruegel_org/st…
RT @destatis: 38 % der Studierenden in Deutschland waren 2021 von #Armut bedroht. Mehr zur Armutsgefährdung und Wohnkostenbelastung Studier…
RT @BruceReuters: 🚨 WAGE-PRICE SPIRAL LATEST 🚨 Um… UK median employer pay award stuck at 4% for seventh month running in Oct – falling fur…
"the UK’s problem was not its “fiscal black hole”, but investors’ realisation that the country was facing an imminent trade-off between financial and price stability" @darioperkins twitter.com/M_C_Klein/stat…
RT @EdConwaySky: NEW ONS says rents are rising at the fastest rate since it began collecting data on them (which was 2006 for English data,…
Reserve managers all over the world have major stakes in US Treasuries. They are the largest group of investors in US government debt. How stable is the most important financial market in the world? Chartbook Newsletter #172 digs in. adamtooze.substack.com/p/chartbook-17… https://t.co/4aG4XupQMM
Measures of liquidity are flashing red in the US Treasury market. How serious is the risk of a 2020-style malfunction that could threaten global financial stability? Chartbook Newsletter #172 on the question keeping US regulators up at night. adamtooze.substack.com/p/chartbook-17… https://t.co/P1ZsC6TBCu
Every day the churning of $700bn in trades in US Treasury market set the benchmark for interest rates worldwide. What if that churn were to stop? Chartbook Newsletter #172 on the risk of a major malfunction in the US Treasury market. adamtooze.substack.com/p/chartbook-17… https://t.co/y9gRCirYjf
The private uses of public debt create risk of a major malfunction in the most important financial market in the world – for US Treasuries. We saw it in 2020. The risk is still there. Chartbook Newsletter #172. Read it here: adamtooze.substack.com/p/chartbook-17… https://t.co/YGdJMym0jj
In 2020 Fed contained a crisis in Treasury market & emerged with its reputation enhanced. But that was an exogenous COVID shock. A malfunction now, in tightening cycle, would be very different! Chartbook #172 on the most important financial market in world adamtooze.substack.com/p/chartbook-17… https://t.co/FEATWthqeo
RT @Percy3945: Chartbook #172: Finance and the Polycrisis (3) US Treasuries – how fragile is the world's most important market? , by @adam_…
RT @MonaAli_NY_US: Against the 'so what?' view here is a superb explanation of why studying the 'polycrisis' matters and why the effort req…
RT @shashj: @NATOSource Sorry but this is a deeply irresponsible tweet in current circumstances. We don’t know that it was a Russian missil…
#3 in the Chartbook Newsletter series on global finance and the polcyrisis just dropped. US Treasuries – How fragile is the most important financial market in the world? Chartbook #172 adamtooze.substack.com/p/chartbook-17… https://t.co/ed74TC0jAe
Chartbook #172: Finance and the Polycrisis (3) US Treasuries – how fragile is the world's most important market? on Chartbook adamtooze.substack.com/p/chartbook-17…
RT @YEdoumou: @hofrench @adam_tooze If i can add this to the conversation… https://t.co/Cq1uPnLFb5
RT @Brad_Setser: As @michaelxpettis likes to emphasize, Chinese consumption growth has been incredibly weak over the last two years. Ind…
RT @MartySilkHack: There are some totally wild things going on in the crypto world that normies like me just have no idea about… https:/…
RT @hofrench: @adam_tooze As the world hits 8 billion people, this is a good moment to drill down to where the most interesting dynamics ar…
What If Everything Goes Wrong At the Same Time? bloomberg.com/news/articles/… Pairs well with Chartboook #158 adamtooze.substack.com/p/chartbook-15… https://t.co/4EFzyVWvBb
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