ADAM TOOZE

Italy's isn’t the only bond market in which the ECB has been the only buyer since 2015. Spain too. So far no contag… https://t.co/uUwH4iEzAQ

Putting the global trade slowdown in perspective. World trade benchmarked against global GDP. Current plateau far… https://t.co/FwXNJq42ks

The only macro series supporting the overheating narrative is average hourly earnings (AHE), where positive surpris… https://t.co/OtiKb2NnTy

Another blow to the ruling grand coalition (so called GroKo) in Berlin: Merkel's CDU/CSU drops to fresh all-time lo… https://t.co/YbjqENC82T

@adam_tooze @berlinbarbarism Mark tells me you had an “infographic-off”

The idea that current employment relations are more easy come easy go than in earlier decades is not supported by t… https://t.co/bNxVpVRyCE

The 19th century fermenting complex of OFC whiskey aka Buffalo Trace. Bourbon archaeologist might be my favorite ne… https://t.co/RgKsAKhNv0

The decline in US labour force participation in wake of crisis was driven by retreat of college educated workers fr… https://t.co/5WKR1uVTfE

Taiwan, Malaysia, HK, S Korea, Singapore, Thailand and Vietnam all export more than 10% of GDP to China. @SoberLook… https://t.co/nkTOU4xZ2E

Interesting thread from @tomashirstecon and @Metatone2 on the mechanics of a possible Italian credit squeeze. https://t.co/js1IJAc6WM

Highlighting a retreat of foreign investors from US assets in Q2 2018. If this becomes a large and pronounced trend… https://t.co/weE08gGcXf

In the US consumer confidence and the stock market (S&P500) are extraordinarily closely correlated. Not surprising… https://t.co/zUorMNwSdV

How the surge in global demand for Treasury 2003-2008 opened a market for “synthetic” (and illusory) “safety”. exce… https://t.co/yHfrNcmHyy

A thoughtful, and thought-provoking, review by @Shahinvallee of @adam_tooze's landmark book, Crashed. https://t.co/0ZGyHDMPBK

Contagion from Italy has so far been limited within the Eurozone: GDP weighted spread of 10 year bonds shows. Cruci… https://t.co/OWk3ukB9ZF

"Yet let us not fool ourselves: we are risking a world of runaway — and unmanageable — climate chaos.” @martinwolf_… https://t.co/wsArSa7CRQ

If the ECB does end QE (it should not) it will still have to decide how to reinvest the proceeds from maturing QE p… https://t.co/pe2YlmfnAn

In the shallows of the Rhine around Düsseldorf and Koblenz water levels are so low that oil barges risk running agr… https://t.co/aII5o5MelZ

"the lesson of the past decade is a central bank’s credibility comes from its ability rapidly to alter course in re… https://t.co/lA2Vf82GxY

Sales of Swiss watches and Macau gambling revenue closely track trends in world trade and commodity spot prices.… https://t.co/KL0alcfM1u

Since the near miss crisis of 2015-6 Chinese state owned firms have pulled away from their private competitors.… https://t.co/8sTPaBEzuT

Since Dec 2017 foreign investors have withdrawn funds from EM Asia debt to the tune of 5% of total outstanding.… https://t.co/kI0Yxcp84F

The Italian Budget: A Case of Contractionary Fiscal Expansion? Essential reading as ever from @ojblanchard1 and… https://t.co/GzvxSDbi6A

Very grateful for this review of Crashed by @Shahinvallee as recommended by @MehreenKhn https://t.co/3gPU7lK34x… https://t.co/fVUsXDyrEm