October 28, 2022
@willsymes Interesting. Can you refinance at will to take advantage of lower rates?
@willsymes Interesting. Can you refinance at will to take advantage of lower rates?
The 30 year fixed mortgage that you can refinance at will is a privilege made possible by US tax-payer backing. In this hiking cycle rest of world is exposed to MUCH greater interest rate risk. thedailyshot.com/2022/10/25/lea… https://t.co/NJvVdYWgL2
The US dollar strength is taking a toll on corporate sales. thedailyshot.com/2022/10/25/lea… https://t.co/6FKCYu4kNr
Seismograph of IMF lending. Be great to have this broken down by country/region @IMFNews thedailyshot.com/2022/10/25/lea… https://t.co/O5tsDQRI6H
Chinese residential construction 40% down yoy. thedailyshot.com/2022/10/25/lea… https://t.co/8nmhPJosbW
State of the Hang Seng index is remarkable. Lowest levels since 2008! Far below the 2015/6 trough. thedailyshot.com/2022/10/25/lea… https://t.co/61XtlHjw6M
RT @HuwJDav: These constituted a ‘martial grand tour’ as @S_Goldsmith_ argues in her excellent book ‘Masculinity and Danger on the Eighteen…
RT @muhd_abdmajid: As usual, brilliant piece on the politics of inflation by @adam_tooze The point on sieving living costs issue from…
RT @tzcll: @adam_tooze I love these nuggets of economic history in real places
RT @Nemesis_Alert: @adam_tooze @Petercampbell1 Pls keep in mind, 30% of EV sold in China are A00 class, essentially non crashworthy golf ca…
RT @osservatorio_ke: Il "Nobel" per l'economia è andato a Bernanke (ex capo della Fed), Diamond e Dybvig (autori di un noto modello neoclas…
RT @inkstickmedia: In this week's #CriticalState newsletter we're reading @adam_tooze Chartbook #163 on economists using war to unmake the…
RT @Real_LastCall: Das hier ist der klügste Text zu linker Politik & #Inflation, den ich bis jetzt gelesen habe. Der @DiEM25_DE #GreenNewDe…
"The hotter America’s politics becomes, the greater the temptation to freeze Ukraine’s." As usual this by @EdwardGLuce is excellent. But isnt the risk not that Ukraine's politics are frozen by peace negotiations but that they are exploded by them? ft.com/content/99e441… https://t.co/ADAST8OaWJ
Top Links #108: The Rolex Market, global EV, the Shah's environmental park & Ohio river pottery on Chartbook adamtooze.substack.com/p/top-links-10…
In the first half of 2022 sales of EV in a slowing China exceeded those in the rest of the world combined. h/t @Petercampbell1 ft.com/content/25b4bb… https://t.co/5jN21We4ON
We are all clear, right, that for all the hype around Tesla the firms that dominate global EV are Chinese groups with names you still can't remember. Excellent this by @Petercampbell1 ft.com/content/25b4bb… https://t.co/AAdTOcxm2W
US exports of oil and oil-related products boom to the alarm of Biden administration which wants to rebuild domestic stocks! Export controls up next? ft.com/content/c4adf3… https://t.co/pIomuCWl6K
Fantastic Bootsy Collins clip h/t @Jderbyshire Problem for anyone trying to follow his super lucid explanation: the genius of Collins's funk is fractally compressed in the very first downbeat. The way he delivers that "One" … its all in that one beat. twitter.com/Jderbyshire/st…
Closed Loop: Apple's iphone production at Foxconn's plant in Zhengzhou Henan is operating in lock down mode with workers confined to factory campus and half-finished dormitories built by Evergrande! ft.com/content/8dde8b… https://t.co/dBARUESXSQ
Is there a wage-price spiral? Interesting divergence in recent analyses by BIS (yes) and IMF (no). But one thing they agree on is the need to hike rates hard and fast. Chartbook #164 in the deadlocked, TINA-style politics of inflation in 2022. adamtooze.substack.com/p/chartbook-16… https://t.co/parUCTiZjA
The Supreme Court’s business agenda: 7 cases that companies are watching. How will a culturally conservative but not libertarian court decide? Essential reading this from @stef_palma @JoeMillerJr ft.com/content/7323ef…
Interesting squabble over replacement of stationing of US tactical fighters in Japan. Will Okinawa F15s be replaced? Are too many resources going to Europe? ft.com/content/271c0c… https://t.co/PIoR8Ci3Ca
RT @rfmckean: The economic distress of Ukraine is not getting a lot of attention. @adam_tooze has drawn attention to this but more as a co…
Fear a 70s style wage-prices spiral? Answer: stamp on monetary policy brake! Conclude there is NO 70s style wage-price spiral? Answer: stamp on monetary policy brake! Chartbook #164 on the weird politics of inflation in 2022 & the return of TINA. adamtooze.substack.com/p/chartbook-16… https://t.co/og60umSJ3E
"He's not an investor, he's a cost cutter", all-male, out every night with clients: Quite fascinating account of the corporate reshuffle at Goldman Sachs ft.com/content/c9d2fd… https://t.co/VgcCOCQBfn
Sino-German uncoupling? Investment has so far fallen far more sharply than trade. ft.com/content/cfea4a… https://t.co/FaABBUnSos
@jayjag1 @wolftivy @tylercowen If you dont think serious introspection is a "hard thing" that will lead you to getting your "assed kicked" you ain't been there …
RT @ramitanavai: Iranian security forces took @farinaz_sarraf from her home in the middle of the night to Evin prison. She had been postin…
RT @MkBlyth: Inflation, debt, real wages, and the failure of the (left) imagination. @adam_tooze in top form here. Read it: https://t.co/1m…
RT @TorstenBell: What does an economic disaster look like? This light blue line. In 8 out of the 14 years since 2009 real wages have actual…
RT @EmmanuelMacron: Pierre Soulages avait su réinventer le noir, en y faisant jaillir la lumière. Par-delà le noir, ses œuvres sont des mét…
@AlanSmithee1987 @zeithistoriker @DougHenwood I go on to admit that thinking of this as a moment of opportunity may not be right … and arrive at very resigned conclusions.
The politics of the 2022 inflation have been hurting my brain for several months now. Where did "sound money" progressivism come from? Tried to work through some of the issues in Chartbook #164 with a rather depressing conclusion. TINA is back. adamtooze.substack.com/p/chartbook-16… https://t.co/jieOgTkKTN
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