As the 2020 crisis hit…
As the 2020 crisis hit MBS panicked and then… the Fed intervened. @SoberLook https://t.co/aZyUMCjupF
As the 2020 crisis hit MBS panicked and then… the Fed intervened. @SoberLook https://t.co/aZyUMCjupF
Oil prices have now plunged far below those necessary to sustain profitability in US oil industry -> cap ex is coll… https://t.co/rCXP4jAVDE
cc: scholars writing about the militarized language for all collective tasks & struggles https://t.co/gIj6b3so8M
When we say that business has been bad in commodities since the China slowdown of 2015, we mean bad like the 1930s!… https://t.co/hHXCJWhbcm
Latin American public transport ridership is way down. Wherever you look the same. Never, ever before has there bee… https://t.co/zf2Yp4w7lp
No, I am not morbid again, but I decided to watch this excellent series about the #GermanAutumn 1977. https://t.co/cwmhbNtjIs
LET THERE BE NO TALK OF INFLATION! https://t.co/vzdTQmkHNC
My babies are too young to read this now. And they’d barely recognize me in my gear. But if they lose me to COVID I…
When Hegel talked about the "world historical individual" he had the central banks in mind, right? "It is thus crit… https://t.co/xVDyxHNnb5
Turkish lira is falling back to lowest levels reached in 2018. New Fed facility isn’t going to help EM like Turkey… https://t.co/uktAhdi8Ww
CLOs…finally coming home to roost. https://t.co/5m7ZAhukft
Fed will repo other CB’s Treasury holdings: '“This facility should help support the smooth functioning of the US Tr… https://t.co/Q0A7Lt81sF
PE firms like Blackstone package high-risk leveraged loans into CLO synthetic securities. To do so, they need to wa… https://t.co/SJKp82mF0m
Brussels is trying to bridge the gulf over corona bonds with the proposal for a common unemployment reinsurance fun… https://t.co/5Jb4jq6wCb
Confirmed cases are a really bad number (too dependent on testing intensity), but, nevertheless, symbolic that toda… https://t.co/kPZyuM0P0f
Fascinating thread on the argument – apparently being made in earnest – that the way forward is for a comprehensive… https://t.co/LgZqYDQEV5
@profiverson Hi Benjamin thanks for this great thread. Can you point me to some folks making the argument for compr… https://t.co/jBfsyqGYx4
Squaring the need for stimulus in China with the desire to bring down corporate leverage, whilst avoiding Western s… https://t.co/jA1P2ucAaZ
Meanwhile in other news: Trump to roll back Obama-era clean car rules in huge blow to climate fight… https://t.co/6FNNRwMr4i
Solidarity is not charity. It is the recognition that the struggle of one is the struggle of all. Facing Covid-19,… https://t.co/SQ0lhNDunU
Interesting review of @zevin_a’s history of @TheEconomist by @adam_tooze https://t.co/6YLbV6960N https://t.co/oq74DLpcp5
Wow … Fed has launched a repo facility for other central banks, enabling them to access $ without drawing on swap l… https://t.co/D2QDyeMNxn
This is fantastic. @dan_hinge is tracking swap line usage as we go along! I have to say, it is for me like watchin… https://t.co/RGa2hSudlj
“Historic crisis of (financial market) plumbing” – any historic plumbing crisis gets my attention but when it invol… https://t.co/K6zcTWkfHh
@trade4Evr @adam_tooze Nothing is sold. Foreign central banks holding US Treasuries (as they do in their reserve po… https://t.co/PPt0lM3bY4
"Nicht der Virus an sich, nicht die Pandemie ist einmalig – das hat es natürlich schon gegeben –, aber der bewusste… https://t.co/qqYjehELxk
Thanks @felixsalmon. Would not say that … and certainly not for the global #economy. This is a very different sho… https://t.co/4StCLFp4LU
How foreign equity inflows to Asia and currency movements track. The current exodus of $28bn is the largest on reco… https://t.co/pslmCmdPJ6
Jay Powell and his team deserve enormous credit here — They have moved quickly, with smart policies, to support g… https://t.co/GfqkAfcqT2
Fed launches ANOTHER temporary facility to provide $USD liquidity to foreign central banks (this time foreign centr… https://t.co/BEohCJ6Fvg
Seems like this facility is aimed at central banks without USD swap arrangements with the Fed. Those 14 CBs already… https://t.co/VYrUBT69Bi
Markets are increasingly turning to how bad the COVID-19 shock may be for emerging and frontier markets. We're movi… https://t.co/ZZNoIqfijk
@Brad_Setser Kudos to you Brad for suggesting this. Well done!
@RobinBrooksIIF Ditto. KUDOS to @Brad_Setser for calling this and hammering on the message.
Nomura thinks Eurozone GDP unlike to exceed Q42019 level until 2023! Quick bounce back but not all the way.… https://t.co/G5f0tHWZo0
Why did Trump give up on Easter? This report by @AshleyRParker @jdawsey1 @yabutaleb7 paints a convincing picture of… https://t.co/yol0maife1
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