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Blogs

Follow the Money

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

Latest Post

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. Read More

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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June 5, 2018

China
How Durable is China’s Rebalancing? How Durable is China’s Rebalancing?

I increasingly suspect my view on Chinese “rebalancing” is at odds with the current consensus (or perhaps just with a plurality of the investment bank analysts and financial journalists who watch China). In two significant ways.

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