Nazzaro Angelini

[Nazzaro Angelini @NazzaroAngelini]

@ojblanchard1 Quelle surprise qu'un coco n'y comprenne rien à la finance et à l'économie. Vous parlez au-dessus de ses moyens, Olivier.

[Nazzaro Angelini @NazzaroAngelini]

@JeffSnider_EDU China is exporting deflation

[Nazzaro Angelini @NazzaroAngelini]

@profstonge https://t.co/4rjdabT9qh

[Nazzaro Angelini @NazzaroAngelini]

@alexanderrX_ I agree. The nature of money, finance and credit is such an important topic. Why is it not taught to kids from a young age?

[Nazzaro Angelini @NazzaroAngelini]

@malcolm_reavell @UnumVerum_ Malcolm: when the government issues new debt it references the prices of the debt which already trades on the secondary market. Higher yields on bonds mean there will be a higher refinancing cost in future.

[Nazzaro Angelini @NazzaroAngelini]

@MerrynSW This is all assuming there will be any capital gains left to tax.

[Nazzaro Angelini @NazzaroAngelini]

@matthew_sigel Yes, but borrowing from the capital markets is always more expensive than borrowing from depositors. And a greater reliance on the ABS market exposes banks to more market-liquidity risk (cf. Northern Rock in the UK).

[Nazzaro Angelini @NazzaroAngelini]

Andy Burnham would be wise to remember the words of James Carville back in 1994:"I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."

[Nazzaro Angelini @NazzaroAngelini]

@st17389 @Tablesalt13 Thank-you Steven!

[Nazzaro Angelini @NazzaroAngelini]

@SJosephBurns Ego.

[Nazzaro Angelini @NazzaroAngelini]

The other basic issue is of course: slippage. You cannot assume that you will be able to trade exactly at the close when you buy and sell the next day on the open. These are periods of high volatility, so in all likelihood, your execution price will be quite far from the recorded prices ex post.

[Nazzaro Angelini @NazzaroAngelini]

@Jason Completely true. Not only does it undermines the entire premise of publishing, it undermines "his" whole argument (which is not his at all, of course, just a response to his prompts with his bias). Disappointing.

[Nazzaro Angelini @NazzaroAngelini]

@SJosephBurns Patience

[Nazzaro Angelini @NazzaroAngelini]

@KemiBadenoch @GiorgiaMeloni Italy has done amazing things. A real success story the UK would do well to emulate.

[Nazzaro Angelini @NazzaroAngelini]

@garyseconomics Wrong Gary: you can’t have a thriving economy without people who create wealth .

[Nazzaro Angelini @NazzaroAngelini]

The LeFTy manages to distort anything everywhere in a bid to disparage the Trump administration. Government debt management offices frequently adjust the duration profile of their debt . That’s what they do. It’s laughable how people are jumping on this news as a sign that somehow Bessent is desperately trying to support the bond market .

[Nazzaro Angelini @NazzaroAngelini]

@ukhpinfo With net property wealth accounting for 40% of UK private wealth any continued drawdown in prices could really begin to reverberate across the whole economy. Not so safe as houses anymore.

[Nazzaro Angelini @NazzaroAngelini]

https://t.co/ZUU05qoz42

[Nazzaro Angelini @NazzaroAngelini]

Socialism and real estate don’t mix.
When governments treat private landlords as the enemy and impose rent caps + eviction barriers, supply shrinks, maintenance collapses, and the affordability crisis gets worse. We’ve seen the pattern before. The economic solution is more supply + market prices, not manufactured scarcity.