I gave a presentation at SEMA on Tuesday. I'll paste the slides in here. I noticed Trump started talking about affordability after the election results. This is good. I'm hoping he continues to act on this so Americans can afford more goods from US manufacturers. See the deck.
Oct 22, 2022 • 9 tweets • 2 min read
🇨🇳OK so I've received some requests for comment on the exit of #Hu, thoughts on #Xi, etc. So here goes. You're going to disagree. That's okay. 🧵
I haven't believed Xi has been the center of power since ~2015/2016. I was working at the NDRC then & had a unique view as a foreigner. This is not a clueless think tank point of view, but many will say this is disqualifying. I don't care. Won't give more details on this.
Dec 20, 2021 • 18 tweets • 4 min read
I'll be going on @ChannelNewsAsia "Asia First" in a few hours. Here are some of my talking points:
Turkish Lira volatility
•Turkey’s president Erdogan vowed to reduce interest rates
•Central bank reduced rates from 15% to 14% last week
•Turkey’s inflation is 21%, expected to approach 30% in 2022
•TRY fell 10% this morning (to 18.4/USD) – down 40% over the past 5 weeks
Nov 24, 2021 • 6 tweets • 1 min read
I contributed to this, so here are my comments in English:
The administration's release of 50m barrels from the SPR is about 2 1/2 days of oil consumption in the US. Although the amount is legally questionable (the law limits the release to 30m barrels), markets had already priced in a larger release.
