ADAM TOOZE

@RCownie @Richard_Florida Agreed … all eyes on them. And then we have to figure out what is actually transferable.

Only 20% of 42k corporate bonds in market trade every day -> prices are stale -> movements in ETF indexes based on… https://t.co/S5ynrsl0u7

The shares of US homebuilders have fallen more in the last week than they did in any equivalent period 2008-9. Wors… https://t.co/4jxzPBb1sv

@RCownie @Richard_Florida You are right. I should have put it less normatively. It is more in the manner of a predi… https://t.co/g6J0RJn6qw

@Augstein Wenn die Kapazität der Intensivstationen nachhaltig vorbereitet ist!

In the next 12 months US banking and automotive industries would normally be looking to roll over 12.6% and 15.1% o… https://t.co/hXo89QWiPp

Excellent papier de @Gemenne dans @lemondefr daté d'hier 👍 De l'importance des États de leur capacité d'action et… https://t.co/OhJlfyDF3p

BAD timing: $500 billion of US investment-grade (IG) corporate debt is set to mature in the next 12 months. This is… https://t.co/3b3QvRPdwN

@ted_morris Any physical barrier helps … British testing has shown good results with t-towels, t-shirt cloth materi… https://t.co/NvmqTH1DwX

@Richard_Florida The bottleneck are not the dormitories but the ICU units. Once the curve is flattened to below the… https://t.co/ifu9xtG16o

The man on the left is Larry Edgeworth. I met him as the sound tech on our team that covered the Romney campaign in… https://t.co/XzKsvTdd9P

HY municipal bond index plunging. This is terrible for the ability of local gov in the US to fund infrastructure &… https://t.co/aqsoYo14Pq

New: “It first struck me how different it was when I saw my first coronavirus patient go bad. I was like, Holy shit… https://t.co/f09BvhnfEv

IT IS NOT ABOUT YOU PROTECTING YOURSELF. IT IS THE MASK ON THE OTHER PERSON’S FACE THAT DOES THAT. IT IS ABOUT US P… https://t.co/4HBT2aR1Hz

Berlin clubs are now just live-streaming DJs, which means that my 66 year old mother-in-law was up at 6 am and has… https://t.co/BRHjx6cxvt

Even investment grade private debt is selling off. Badly. We are not in 2008-9 territory yet but heading that direc… https://t.co/ZaAB4gVQUK

For the average American the best way to tell if you have covid-19 is to cough in a rich person’s face and wait for their

The price of insuring high yield corporate debt has gone up … way up! That is going to put a painful squeeze on cor… https://t.co/riIcRvDIjU

PHOTOGRAPHY & CREATIVE INTRODUCTIONS As many of us will be on #lockdown & online more, I thought I'd create an int… https://t.co/ixplLAruqi

If there is one type Treasury everyone wants, it is the most cashlike, short-term treasury bills whose yield is now… https://t.co/erOk5FuoNz

“I liken it to sitting on a Gulf shore when a hurricane is offshore,” said Dr. Graham, from Michigan. “It’s a quest… https://t.co/6e5qHdWiFU

Will the 2008-model swap lines work? As @RobinBrooksIIF points v large EM like Turkey are not covered. This is the… https://t.co/99d75Bm9pF

We talk about average numbers of ICU beds across the USA. But MORE THAN HALF of counties have no hospital with any… https://t.co/OMeiVd0eAu

Surreal scenes in the Janet Yellen household! https://t.co/Q8toPiO1BN

Excellent German appeal for a 1trn common European corona bond. If not now, when? If not for this, for what? https://t.co/9daT05IOWr

Brazilian and South Korean currencies have responded well to swap line support. Not so Mexico. I haven’t seen much… https://t.co/DK3bhtcCH9

At the end of a very long-week, wanted to say that I am glad that the Treasury and especially the Fed have shown th… https://t.co/dMOGz8Kc9w

Surreal scenes in the Janet Yellen household! https://t.co/Q8toPiwqKf

This is fascinating on the history of quarantine originating in the maritime Republic of Ragusa based out of Dubrov… https://t.co/exTBjLOL7z

“I liken it to sitting on a Gulf shore when a hurricane is offshore,” said Dr. Graham, from Michigan. “It’s a quest… https://t.co/YhjcrJSpBw

We talk about average numbers of ICU beds across the USA. But MORE THAN HALF of counties have no hospital with any… https://t.co/LAITKkWRLI

Compare 2008 recession with some GDP forecasts for Q2 2020! BofA: -12% Morgan Stanley: -14% Evercore: -20% Goldman:… https://t.co/GqlmXppAAK

Published this yesterday morning https://t.co/DxvpLmjqkf — The number of health workers that had tested positive to… https://t.co/A4JNTWJvMh

Compare 2008 recession with some GDP forecasts for Q2 2020! BofA: -12% Morgan Stanley: -14% Evercore: -20% Goldman:… https://t.co/GqlmXppAAK

All of these estimates for US GDP in Q2 imply a historic break. Unless we get the offset and safety net right the h… https://t.co/XIJ9GURcq2