#Recession

Wilfred Frost

WilfredFrost

Lots that stands out in $JPM numbers. But the key is provision for credit losses of $8.3bn. Estimates ranged from $1.5bn to $20bn, median at $4.7bn. Q1 2019 was $1.3bn.

David Rothkopf

djrothkopf

Love those anti-Trump ads. Very amusing. Satisfying. Really twist the knife. That said, brief reminder: You know what was before Trump: the worst foreign policy disaster in US history under

Justin Wolfers

JustinWolfers

Not a single economist or public health expert. Lemme risk being serious at this moment and do some economics. No committee to re-open the economy can succeed if they're not

🦉 OWL 🍂

Nocturne20C

To those who say “Obama is was so great, I wish we could have him back!”What was so great about what he did to occupy, standing rock, drone attacks, off

Molly Knight

molly_knight

When my anxiety gets really bad I try to focus on how anxiety is a shared experience. A hundred million people around the world probably feel the exact same way

Joél Leon.

JoelakaMaG

i see people leaving NYC, and i get it. the city IS pricey, and changing.but some of us who were born here, who lived through blackouts and a recession, the

Strategic Cities

StrategicCities

Thread: headlines about #OilPrices crashing to 0 are simplistic. Prices *will* go back up, but then bump along at $20/$30 a barrel. That’s the big story: the heavily indebted shale

Rachel Lees 🦁🐳🥋🗺

rachelees69

Some ideas for how to soften the recession storm. It goes without saying that you must cut costs (or expenses). That is the #1 first step.1) Cut out everything you

jucojames

jucojames

Thread on markets update- I've shared various "setups" for potential exhaustion and reversals for what I believe is a bear market rally. I am hearing/reading from all sorts of people

Austin Clemens

AustinClemens2

Last of four analyses of the new 2019 Survey of Consumer Finances at @equitablegrowth, with @Raksha_Kopparam. Should we be worried about student debt? Yes. (thread!)https://equitablegrowth.org/the-rising-number-of-u-s-households-with-burden

fahmie_isz

FahmieIsz

SINCE independence, Malaysia has had three periods of major economic shocks.Thread 1. Commodities shock in 1985/86Malaysia’s overall export price index fell 30% as tin and palm oil prices plunged. Malaysia

Luca Fornaro

LucaFornaro3

Some thoughts on supply vs. demand and the Covid-19 crisis, partly sparked by this very nice thread by @jasonfurman https://twitter.com/jasonfurman/status/1261750314753036291?s=20. To me, especially looking at the post-epidemic phase, a key

Colleen Mondor

chasingray

We really need to be talking about what killing the USPS would do to Alaska.https://www.washingtonpost.com/business/2020/04/11/post-office-bailout-trump/ Not to go all apocalyptic or anything but that's pretty much the end of any

Shreya Nanda

shreyagnanda

If only there were a way to ensure that people were protected from destitution during a recession... a "social safety net", one might call ithttps://twitter.com/thetimes/status/1242534972487077903 This type of analysis is

Jason Furman

jasonfurman

The fiscal response has now ended. The "cliff" was at the end of July but given that most households saved a lot in the spring & had healthier balance sheets

Bruce DePuyt

Bruce_DePuyt

Maryland Comptroller Peter Franchot (D) and Bureau of Revenue Estimates Chief Andy Schaufele report that the state is on pace to lose $2.8B in general fund revenue from the economic