The $8 Trillion Bond Bubble. In early 2014 there were no bonds globally trading at negative interest rates. Today, there are still around $8trn, or 16% of the total. Now rates are rising, the nominal and real losses will be astronomical.

Here is an intriguing RMB chart. Why are gold price and $CNY moving in tandem?

U.S. junk bond yields reach the highest levels in more than two years. Borrowing costs for riskier companies are now 2.5 percentage points higher than the all-time low reached in 2014.

The “break-even” oil price for shale oil may be low, but to actually make a profit and return investment in land the price needs to be $50+. w/t (((The Daily Shot)))

My forecasts for US #oil production in May and June 2019 May : 12.1 million b/d June 12 million b/d

From @Cutler_econ Dear economist friends. I am very sad to report that Alberto Alesina passed away today. Apparently, he was hiking with his beloved wife Susan and had a heart attack. He was a great treasure whom we shall all miss.

paperjam.lu/article/electi…

The Brent has been on an unusually tight range since June: 37.50/45.85 USD. But it has also gained more than 20% since the beginning of the month and is now at the upper limit of the range. Time to break that range up?

RT:Prezzi del gas: perchè la situazione in Europa è preoccupante - Manuel Maleki, Ph.D @EdeRothschild #gas #prezzi #Europa #Russia businesscommunity.it/m/20211124/ide…

Bonjour, je recherche un / une stagiaire (6 mois) pour intégrer l'équipe d'économistes de marché de la Banque de France. recrutement.banque-france.fr/detail-offre/a… Merci des RT

Alain Delon and Monica Vitti in "The Eclipse" (Michelangelo Antonioni, 1962)

🇫🇷Lieu de disparition : Pont Rémy 80580 dans une pâture à l'entrée du village 📆Date de disparition : Le 19 aout 2024 dans la nuit ❎Volée dans la pâture alors qu’elle était avec sa mère ❎Plainte déposé Si vous avez la moindre information , merci de contacter le 09 53 46 67 82

My new publication for Paperjam "Donald Trump's crude oil policy: an insoluble equation" delano.lu/article/donald…

Ma nouvelle chronique pour Paperjam "La politique pétrolière de Donald Trump: une équation insoluble" #petrole #trump #Energie paperjam.lu/article/politi…

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C’est quoi la Banque de France ? Une vidéo pédagogique en 2 minutes 23 secondes, à diffuser sans modération : youtube.com/watch?v=N_z1nh…

I just stared at the CBO report for 24 hours (1/2): summarizing the single most important take away, we are adding 20 ppts to our debt over the next 10 years, but will have little to show in terms of extra growth. On these projections, quite an ineffective stimulus.

UK core goods inflation falling right on cue, pushing CPI inflation down to just 2.5% in March, well below the MPC's 2.8% forecast. Markets have concluded far too hastily that a May rate hike is a done deal

Global data show that tariff increases are followed by large and persistent decreases in economic activity bit.ly/2EY3Ty1