
Senior Fellow at the Brookings Institution, former Chief Economist at IIF and Chief FX Strategist at Goldman Sachs. All opinions are my own. Email: [email protected].
| Platform | Pricing | Only free issues | Publishes | Daily | |
|---|---|---|---|---|---|
| Issues | 338 | Subscribers | Read | robinjbrooks.substack.com |
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The Brent oil price yesterday rose to $110 as the conflict in the Persian Gulf escalated. Factoring in that oil prices started rising well before hostilities broke out on February 28 - markets started pricing in a war risk premium about two...
In my posts on how US tariffs have affected China, I’ve focused largely on exports, where there’s two key developments. First, China diverted lots of goods that would have gone to the US to new markets. In fact, smaller countries around the...
A few months ago, I wrote a series of posts about the worrying rise in longer-term government bond yields, which have decoupled from shorter-term yields and risen to a worrying degree. My central argument was that the 10-year yield can be p...
When you’re highly indebted, adverse shocks like the current spike in oil prices are a problem. A key objective for fiscal policy is to act as a shock absorber, with deficits in bad times and surpluses in good ones aiming to stabilize activ...
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Senior Fellow at the Brookings Institution, former Chief Economist at IIF and Chief FX Strategist at Goldman Sachs. All opinions are my own. Email: [email protected].
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