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Blogs

Follow the Money

Brad Setser tracks cross-border flows, with a bit of macroeconomics thrown in.

Latest Post

What Would Happen if China Started Selling Off Its Treasury Portfolio?

The trade war between the U.S. and China is starting to get serious. President Trump is now threatening tariffs on up to $450 billion of Chinese imports, or about 90% of what the U.S. imported in 2017. Read More

June 14, 2018

Emerging Markets
Emerging Markets Under Pressure Emerging Markets Under Pressure

Emerging markets have come under a bit of pressure recently, with the combination of the dollar’s rise and higher U.S. ten year rates serving as the trigger. The Governor of the Reserve Bank of India has—rather remarkably—even called on the U.S. Federal Reserve to slow the pace of its quantitative tightening to give emerging economies a bit of a break.

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June 11, 2018

Canada
O Canada

A trade war with Canada makes no strategic sense.

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June 7, 2018

Germany
Merkel and Scholz Have Put the IMF in a Pickle Merkel and Scholz Have Put the IMF in a Pickle

Germany seems to have ruled out all the mechanisms for eurozone fiscal expansion that the IMF liked…

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