Robert Lind

[Robin Brooks @robin_j_brooks]

At this point, it should be clear that something very unusual is going on in global bond markets. The US 10y10y forward Treasury yield has pushed meaningfully above its pre-2008 levels and above its 2022 spike when the world's central banks were hiking...
https://t.co/rbMGKggaj1

[Robert Lind @rlind67]

@paullewismoney ‘Inheritance tax is a voluntary levy paid by people who distrust their heirs more than they dislike the Inland Revenue.’ Roy Jenkins

[Robert Lind @rlind67]

@darioperkins @dandolfa @SteveMatthews12 Draghi’s ‘whatever it takes’ had the implicit backing of the EU’s most important politician (Merkel) and markets knew that. Not sure markets think Trump has Warsh’s back in the fight against inflation.

[Robert Lind @rlind67]

@darioperkins In contrast, Warsh is spending credibility he doesn’t yet have…

[Robert Lind @rlind67]

@darioperkins No one doubted the Bundesbank would keep inflation down, which gave it leeway to act in the ERM crisis.

[Robert Lind @rlind67]

@alexwickham Three months of tax speculation and people sitting on their hands…

[Robert Lind @rlind67]

@darioperkins Forecasting and policy making was easy when inflation was low and stable. Now, no one has a clue.

[Robert Lind @rlind67]

@darioperkins At no point over the last nine months have I missed listening to Fed/BOE/ECB press conferences…

[Robert Lind @rlind67]

@darioperkins If only we didn’t use energy…

[Robert Lind @rlind67]

@darioperkins Yes.

[Robert Lind @rlind67]

@darioperkins @TPaintjob Yes lots of defensiveness from some observers in the US…

[Robert Lind @rlind67]

@darioperkins An administration marked by hubris. It won’t end well…

[Robert Lind @rlind67]

@darioperkins It is difficult to get a man to understand something, when his salary depends on his not understanding it. - Upton Sinclair

[Robert Lind @rlind67]

@darioperkins Yep.

[Robert Lind @rlind67]

@darioperkins Bank of England?

[Robert Lind @rlind67]

@PippaCrerar Where is the most radical change in economic policy in four decades? I can’t see it yet.

[Robert Lind @rlind67]

@alexwickham So no sensible reform of property taxation. Then we wonder why Britain has a growth problem…