Discover and read the best of Twitter Threads about #YELLEN
Most recents (10)
Since the recent event with arguably the largest echo was the #FOMC decision, it's called - what else- "The Pause That Refreshes"
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#FRB
#FederalReserve
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#FRB
#FederalReserve
The first thing to notice is that goods prices have broadly stabilised and volumes are fairly flat - in other words, #NGDP has ceased its torrid pace of increase. Service prices are still elevated but #payroll cost increase is slowing.
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The #ISM #PMI showed an uptick but is still below 50 which implies that revenue growth is NOT about to accelerate again. Again, slower #inflation & flatline volume = an end to the boom, but not yet a bust.
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Tweet mañanero y Cuenta atrás.
CEGUERA
La recesión que nadie quiere ver
CEGUERA
La recesión que nadie quiere ver
Hoy quisiera hablarles del mercado laboral en USA y de como se han malinterpretado los datos de las diversas fuentes una y otra vez, pero especialmente antes de los crashs, como antes del 2008 y 2020. De nuevo está ocurriendo en el 2023.
Me refiero a que instintivamente sabemos que estamos ante una situación de #colapso inminente. Muchos de los datos, más o menos fiables, nos indican que en algún lugar se ha soltado un pedrusco y que está a punto de iniciar su camino hacia abajo, arrastrando a otros.
Incroyable séquence.
Un sénateur arrive à faire dire à la secrétaire au Trésor que seuls les dépôts dans les mastodontes bancaires sont garantis du fait du risque systémique.
Le baiser de la mort pour les petites banques !
La logique du "too big to fail" poussée à son extrême.
Un sénateur arrive à faire dire à la secrétaire au Trésor que seuls les dépôts dans les mastodontes bancaires sont garantis du fait du risque systémique.
Le baiser de la mort pour les petites banques !
La logique du "too big to fail" poussée à son extrême.
Qui voudra garder son argent dans une petite banque après cet aveu de Janet #Yellen, qui fut aussi Présente de la #Fed ?
D'ailleurs, le mouvement a déjà commencé : "Après la faillite de trois banques, les banques "too big to fail se retrouvent avec des dépôts en abondance".
D'ailleurs, le mouvement a déjà commencé : "Après la faillite de trois banques, les banques "too big to fail se retrouvent avec des dépôts en abondance".
La concentration bancaire aux États-Unis est lancée.
La remontée des taux supposée lutter contre l'inflation a surtout profiter aux grandes banques américaines.
D'où la confirmation qu'au milieu de toute crise, se trouve l'opportunité.
La remontée des taux supposée lutter contre l'inflation a surtout profiter aux grandes banques américaines.
D'où la confirmation qu'au milieu de toute crise, se trouve l'opportunité.
NEW
#NATO allies pledge add'l support for #Ukraine, per NATO stmt.
The add'l support incl. heavy weapons and military training.
#Russia
#NATO allies pledge add'l support for #Ukraine, per NATO stmt.
The add'l support incl. heavy weapons and military training.
#Russia
#BREAKING
WH Press Sec Karine #JeanPierre presser: (Nat'l Security Council Coord for Strategic Comm Admiral #JohnKirby) Says re: whether or not #Biden will meet w/ #Ukraine's pres. during trip: "There is no meeting w/ Pres. #Zelensky scheduled for the trip right now."
#Russia
WH Press Sec Karine #JeanPierre presser: (Nat'l Security Council Coord for Strategic Comm Admiral #JohnKirby) Says re: whether or not #Biden will meet w/ #Ukraine's pres. during trip: "There is no meeting w/ Pres. #Zelensky scheduled for the trip right now."
#Russia
#BREAKING
WH Press Sec Karine #JeanPierre presser: (Nat'l Security Council Coord for Strategic Comm Admiral #JohnKirby) Says US has not and will not tell other countries if they can give #Ukraine fighter aircraft: (See screenshot because I ran out of character count.)
#Russia
WH Press Sec Karine #JeanPierre presser: (Nat'l Security Council Coord for Strategic Comm Admiral #JohnKirby) Says US has not and will not tell other countries if they can give #Ukraine fighter aircraft: (See screenshot because I ran out of character count.)
#Russia
🔴 #G20Indonesia
#RussianUkrainianWar
Je ne sait pas si vous avez saisi mais #Washington a lancé un missile à deux ogives qui compromet à long terme les chances de paix en #Ukraine (et un sourire à la #Chine).
Lors du sommet du #G20BaliSummit la secrétaire au 🔽
#RussianUkrainianWar
Je ne sait pas si vous avez saisi mais #Washington a lancé un missile à deux ogives qui compromet à long terme les chances de paix en #Ukraine (et un sourire à la #Chine).
Lors du sommet du #G20BaliSummit la secrétaire au 🔽
2.
Trésor, Janet Yellen, a fait une déclaration explosive : certaines sanctions contre la #Russie seront maintenues, MÊME SI #Moscou et #Kiev parviennent à un accord de paix.
L'annonce du retrait des troupes russes de #Kherson a été considérée par beaucoup comme un moment 🔽
Trésor, Janet Yellen, a fait une déclaration explosive : certaines sanctions contre la #Russie seront maintenues, MÊME SI #Moscou et #Kiev parviennent à un accord de paix.
L'annonce du retrait des troupes russes de #Kherson a été considérée par beaucoup comme un moment 🔽
3.
propice à l'ouverture de pourparlers de paix en #Ukraine mais les réactions au retrait russe à travers le #Dniepr ont montré qu'il existe deux camps à #Washington : l'un (les militaires) - paradoxalement - semble vouloir la paix ; l'autre (l'administration politique) 🔽
propice à l'ouverture de pourparlers de paix en #Ukraine mais les réactions au retrait russe à travers le #Dniepr ont montré qu'il existe deux camps à #Washington : l'un (les militaires) - paradoxalement - semble vouloir la paix ; l'autre (l'administration politique) 🔽
1/12
Nella notte italiana, Mario #Draghi ha ricevuto un prestigioso premio dall'Atlantic Council, uno dei più importanti think tank USA.
"Distinguished International Leadership Awards": nel caso specifico riassumibile in "Politico dell'anno". Questa la clip dedicata al premier:
Nella notte italiana, Mario #Draghi ha ricevuto un prestigioso premio dall'Atlantic Council, uno dei più importanti think tank USA.
"Distinguished International Leadership Awards": nel caso specifico riassumibile in "Politico dell'anno". Questa la clip dedicata al premier:
2/12
A consegnarglielo è stata la segretaria al Tesoro 🇺🇸, Janet #Yellen, riservando parole di grande stima al suo "amico e collega di vecchia data", dicendosi "profondamente onorata", di premiare #Draghi, "economista di talento, instancabile civil servant".
A consegnarglielo è stata la segretaria al Tesoro 🇺🇸, Janet #Yellen, riservando parole di grande stima al suo "amico e collega di vecchia data", dicendosi "profondamente onorata", di premiare #Draghi, "economista di talento, instancabile civil servant".
3/12
Yellen ha ripercorso la carriera di #Draghi, citando ovviamente il celebre "Whatever it takes" con cui la BCE si disse pronta a fare "tutto il necessario" per salvare l'Euro, ma osservando come il successo di quella locuzione fosse basato soprattutto sulla frase successiva.
Yellen ha ripercorso la carriera di #Draghi, citando ovviamente il celebre "Whatever it takes" con cui la BCE si disse pronta a fare "tutto il necessario" per salvare l'Euro, ma osservando come il successo di quella locuzione fosse basato soprattutto sulla frase successiva.
Thread: it is , anyway, only a costly loan son of #QE, and unintended consequences abound. Here are some, in no particular order: (/)
@Halsrethink @amlivemon @nglinsman @chigrl @DavidBCollum @DiMartinoBooth
@Halsrethink @amlivemon @nglinsman @chigrl @DavidBCollum @DiMartinoBooth
1. of course, there are not enough super rich to go around so this would trickle down to middle income / middle wealth families. Moreover, will pension plans be excluded? #401K, #IRAs? (/)
2. but let's assume there are: what will be the evaluation price? taxing EARNED financial income means that demand has balanced the supply generating that income. In this case, since no stake gets sold, that won't happen.(/)
Thanks to @steve_sedgwick & @cnbcKaren for having me on #CNBC #SquawkBox this AM.
What did we discuss? Well, #inflation of course!
I prepared some slides for the show which I'm happy to present in this thread.
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#macro #Fed #Yellen #JeromePowell #bankofengland #QE
What did we discuss? Well, #inflation of course!
I prepared some slides for the show which I'm happy to present in this thread.
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#macro #Fed #Yellen #JeromePowell #bankofengland #QE
Are people in denial or is the #centralbank money flood just drowning all the signals?
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#inflation
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#inflation
#Commodities, #freight, #carbon - and a whole lot besides - sure do cost a lot more, these days.
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#YELLEN WANTS THE #G7 TO FOLLOW #CHINA'S STEPS
Levying the Corp Tax on foreign Cos operating at home (🇨🇳has a 20% rate)or abroad, is illegal.
It deprives those foreign companies of the export revenues of their multinationals that would be taxed by the countries they are based on.
Levying the Corp Tax on foreign Cos operating at home (🇨🇳has a 20% rate)or abroad, is illegal.
It deprives those foreign companies of the export revenues of their multinationals that would be taxed by the countries they are based on.
Yellen's proposal could be a 15% rate on foreign Cos subsidiaries of 🇺🇸Cos w/ a 15% min Corp Tax & a credit of 100% of the foreign rate.
🇨🇮example: 2.5% effective rate on the 🇨🇮subsidiaries of🇺🇸Cos vs 0.5% today.
The tax rate is an issue within a region(🇪🇺,🇺🇸,etc),not among them.
🇨🇮example: 2.5% effective rate on the 🇨🇮subsidiaries of🇺🇸Cos vs 0.5% today.
The tax rate is an issue within a region(🇪🇺,🇺🇸,etc),not among them.
NO CORP TAX ON FOREIGN COMPANIES
Either operating at home or on the foreign subsidiaries of local Cos operating abroad(services Cos)
If they are manufacturers,they must ship their products from home,be taxed at home.🚨The country accumulates forex reserves.@USTreasury @WhiteHouse
Either operating at home or on the foreign subsidiaries of local Cos operating abroad(services Cos)
If they are manufacturers,they must ship their products from home,be taxed at home.🚨The country accumulates forex reserves.@USTreasury @WhiteHouse
#UPDATE "I know times are tough, but I want you to know that help is on the way," said #PresidentelectJoeBiden, as Treasury secretary nominee Janet #Yellen warns that the country faces a "historic" crisis hitting the most vulnerable the hardest
u.afp.com/3tRo
u.afp.com/3tRo
