Antonio Fatás | Lightnews

Ian Bassin @ianbassin.bsky.social · 1d

I was a White House ethics lawyer.

I used to advise people not to even accept a free cup of coffee from someone who had interests before them. And staff followed those rules.

I can’t even find the words to describe the scale of Trump’s corruption here.

Senator Chris Van Hollen @vanhollen.senate.gov · 2d

Foreign countries are bribing our president to sell out the American people.

Trump family businesses made $187 MILLION from this deal, and just months later he gave the UAE some of our most top-secret AI tech.

They are selling our national security to the highest bidder.

Catherine Rampell @crampell.bsky.social · 2d

My take on Kevin Warsh: Markets have breathed a sigh of relief that Trump isn't trying to install Hassett as Fed chair. But Warsh is also a political animal; he just hides it better.
www.nytimes.com/2026/02/01/o...

Opinion | What Worries Me About Trump’s New Fed Pick

www.nytimes.com

Antonio Fatas @antoniofatas.bsky.social · 3d

Not only he praises Trump's policies in order to get a job but he pretends that reducing central bank balance sheet will move capital towards the economy (makes zero sense). And despite this, you still have many stating that he will be a good Fed Chair.

Justin Wolfers @justinwolfers.bsky.social · 4d

If you want a guess as to what Kevin Warsh -- who throughout the Obama years was a devout hawk -- told the President to win the job of Fed Chair, I think this clip might give you a sense of it. (This is from late October.)

Justin Wolfers @justinwolfers.bsky.social · 4d

If you want a guess as to what Kevin Warsh -- who throughout the Obama years was a devout hawk -- told the President to win the job of Fed Chair, I think this clip might give you a sense of it. (This is from late October.)

Antonio Fatas @antoniofatas.bsky.social · 4d

A good description of Kevin Warsh

paulkrugman.substack.com/p/a-bad-heir...

A Bad Heir Day at the Fed

No, Kevin Warsh isn’t qualified

paulkrugman.substack.com

Antonio Fatas @antoniofatas.bsky.social · 4d

Honest question: you praised Bessent when he was appointed. We learned something about the true character of anyone who accepts an appointment from Trump (after praising him to get the job). Federal Reserve not the same as Treasury, but still.

Dario Perkins @darioperkins.bsky.social · 4d

The FOMC is now in great hands. It just has to vote the opposite way to its new chair on all the big calls, and it will have a 100% track record 🤣

Skanda Amarnath @skandaamarnath.bsky.social · 4d

Sure sounds like Kevin Warsh is Trump's Fed Chair choice

His views mostly change based on which master he intends to serve, and general partisan convenience.

Thought rates were too low until...November 2024. What a shocker

Tired: Data-dependence
Wired: Presidential-dependence

Menzie Chinn @mchinn.bsky.social · 6d

Consumer confidence collapses #EconSky
econbrowser.com/archives/202...

Jed Kolko @jedkolko.bsky.social · 6d

Big immigration decline.

Agreement among different agencies' estimates.

Downward adjustments coming soon to the CPS.

And revisions to state populations: New York up, Florida down.

Key takeaways from today's new Census population estimates for 2025.

jedkolko.substack.com/p/four-takea...

Four takeaways from the new Census population estimates

Immigration declined dramatically. Census estimates now align with other government estimates. The 2026 Current Population Survey population base will be adjusted downward.

jedkolko.substack.com

Filipe Campante @filipecampante.bsky.social · 10d

Judging from Brazil’s experience under the military regime, I’d say the opposition party needs to actively help mobilize civil society. A demobilized society won’t defeat the regime electorally, and mobilization needs help from organized opposition parties.

Jay Shambaugh @jaycshambaugh.bsky.social · 11d

I’ve found @abenewman.bsky.social ‘s neoroyalist frame very useful for thinking about Trump’s actions. I’m not sure anything fits the model better than the Board of peace. Not about US national interest at all. Purely for Trump and his family/cronies.

Abe Newman @abenewman.bsky.social · 11d

1/Board of Peace is not about peace through cooperation but peace through dominance and extraction. Clear effort to replace rules-based international order with a structure that bolsters Trump and his effort to create a neo-royalist system.
www.nytimes.com/2026/01/21/u...

Trump’s ‘Board of Peace’ Would Have Global Scope but One Man in Charge

www.nytimes.com

Abe Newman @abenewman.bsky.social · 11d

1/Board of Peace is not about peace through cooperation but peace through dominance and extraction. Clear effort to replace rules-based international order with a structure that bolsters Trump and his effort to create a neo-royalist system.
www.nytimes.com/2026/01/21/u...

Trump’s ‘Board of Peace’ Would Have Global Scope but One Man in Charge

www.nytimes.com

Antonio Fatas @antoniofatas.bsky.social · 11d

Europeans must learn two lessons from this week:
a) They can with their statements move markets
b) Trump has limited capacity to allow for bad economic news (or signals) in 2026 because of the mid-term elections

Ian Smith @iankmsmith.ft.com · 11d

Team FT on the 'Taco' trade that has swallowed everything – and whether this well-known dynamic is creating a market increasingly inured to risks 📉🌮📈
www.ft.com/content/cb1a...

Donald Trump’s tariff ‘shock regime’ tests Wall Street’s mettle

US president backed off his threat of new duties on European economies after market tumult

www.ft.com

Ian Smith @iankmsmith.ft.com · 11d

Team FT on the 'Taco' trade that has swallowed everything – and whether this well-known dynamic is creating a market increasingly inured to risks 📉🌮📈
www.ft.com/content/cb1a...

Donald Trump’s tariff ‘shock regime’ tests Wall Street’s mettle

US president backed off his threat of new duties on European economies after market tumult

www.ft.com

Antonio Fatas @antoniofatas.bsky.social · 11d

How is Brexit going?

Financial Times @financialtimes.com · 11d

UK consumer confidence marks 10 years without a positive reading ft.trib.al/ABqhCmz

UK consumer confidence marks 10 years without a positive reading

GfK index rose by 1 point to minus 16 in January, up from a low of minus 23 in April 2025

ft.trib.al

Financial Times @financialtimes.com · 11d

UK consumer confidence marks 10 years without a positive reading ft.trib.al/ABqhCmz

UK consumer confidence marks 10 years without a positive reading

GfK index rose by 1 point to minus 16 in January, up from a low of minus 23 in April 2025

ft.trib.al

Antonio Fatas @antoniofatas.bsky.social · 12d

Maybe I should not be surprised but how can the WEF offer a platform for the creation of a "Board of Peace" where the Chairman is Donald Trump (not the president of the US) and he will elect the next Chairman? And why does the media forget to discuss this?

www.ft.com/content/3c5e...

Watch live: Donald Trump unveils his ‘Board of Peace’

Global markets rebound after US president retreats from threat to hit European countries with tariffs over Greenland

www.ft.com

Sander Tordoir @sandertordoir.bsky.social · 12d

This time, Europe’s leaders played the EU-US trade game well.

From the Franco-German tough line to Meloni’s off-ramps, backed by a credible €93bn retaliation threat, they made escalation for Trump costly, and de-escalation easy.

Markets and US politics did the rest — Rutte scoring on the assist.

Antonio Fatas @antoniofatas.bsky.social · 13d

Net migration is key to understand growth and sustainability of debt. Because of this, it is frustrating how difficult it is to find good data on current population trends.

Chris Giles @chrisgiles.ft.com · 13d

In both the US and the UK there is a dispute about whether the country is about to hit net zero (migration)...

.... this is really interesting from a forecasting and data quality perspective

... and one of economic consequences

as.ft.com/r/a8f22043-1...

What happens if the UK and US reach net zero (migration)?

[FREE TO READ] We would need to rethink sustainable growth rates and fiscal targets

as.ft.com

Chris Giles @chrisgiles.ft.com · 13d

In both the US and the UK there is a dispute about whether the country is about to hit net zero (migration)...

.... this is really interesting from a forecasting and data quality perspective

... and one of economic consequences

as.ft.com/r/a8f22043-1...

What happens if the UK and US reach net zero (migration)?

[FREE TO READ] We would need to rethink sustainable growth rates and fiscal targets

as.ft.com

VoxEU @ CEPR @voxeu.org · 13d

New VoxTalks Economics w/ @talknormal.co.uk: Is US debt sustainable?

Recorded at the CEPR Annual Symposium, @upanizza.bsky.social @gvagrad.bsky.social and @antoniofatas.bsky.social discuss rising US debt, recent fiscal policy, and the limits of delay.

Listen here: cepr.org/multimedia/u...
#EconSky

New VoxTalks Economics: Is US debt sustainable?

Recorded at the CEPR Annual Symposium, Ugo Panizza and Antonio Fatás discuss rising US debt, recent fiscal policy, and the limits of delay.

Listen here: https://cepr.org/multimedia/us-debt-sustainable

Benoît Coeuré @bcoeure.bsky.social · 13d

« The old order is not coming back. We should not mourn it. Nostalgia is not a strategy.
But from the fracture, we can build something better, stronger, and more just. »

A remarkable speech by 🇨🇦 Prime Minister ⁦‪@mark-carney.bsky.social‬⁩.

“Principled and pragmatic: Canada’s path” Prime Minister Carney addresses the World Economic Forum Annual Meeting

Thank you, Larry.It’s a pleasure – and a duty – to be with you at this turning point for Canada and for the world.Today, I’ll talk about the rupture in the world order, the end of a nice story, and th...

www.pm.gc.ca

Martin Scheinin @martinscheinin.bsky.social · 13d

Media may not have noticed that Trump’s Board of Peace Charter was drafted so that the US need NOT ratify and become a party.Trump’s current status as US President is a necesary stepping stone but his unitary rule in the new international organisation would be personal, permanent and even hereditary

Eliot Higgins @eliothiggins.bsky.social · 14d

I’ve been reading Trump’s "Board of Peace Charter," and despite the name, this isn’t a multilateral institution, it’s a centralised structure built entirely around the authority of one person (Trump).
www.timesofisrael.com/full-text-ch...

Full text: Charter of Trump’s Board of Peace

No mention of Gaza, which bolsters ToI's reporting that US also envisions panel helping resolve other conflicts worldwide; member countries must pay $1 billion for permanent spot

www.timesofisrael.com

Antonio Fatas @antoniofatas.bsky.social · 17d

I guess the decrease in trade policy uncertainty is about to be reversed?

Thomas Seal @twseal.bsky.social · 17d

Trump says he'll impose a 10% tariff (rising to 25% in June) on Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, because they've sent people to Greenland, until the US can buy Greenland.

Thomas Seal @twseal.bsky.social · 17d

Trump says he'll impose a 10% tariff (rising to 25% in June) on Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands and Finland, because they've sent people to Greenland, until the US can buy Greenland.

VoxEU @ CEPR @voxeu.org · 19d

G Egorov, S Guriev, M Mironov, & E Zhuravskaya show Argentinian voters more outraged w/ information provided about candidates were more active in communicating w/ networks than voters who agreed w/ the message, creating a result opposite of the campaign's intention.
cepr.org/voxeu/column...
#EconSky

Two plots showing the direct and indirect effects of information campaign on Javier Milei's vote in the first round of the 2023 Argentinian presidential election. Both effects were large but had opposite signs. In the case of the information campaign on the implications of Milei’s education policy proposal, for every 100 leaflets, Milei lost about 20 votes among those directly treated but gained roughly 30 votes among their untreated neighbours, yielding a net increase of 10 votes in the election’s first round.

Political information campaigns that perform well in focus groups and pilot studies may backfire when applied at scale. This column uses a field experiment in the 2023 presidential election in Argentina to demonstrate how a campaign can affect voters through both direct and indirect channels. A small but significant share of voters disagreed with an information leaflet about an outsider candidate. These outraged voters were more active in communicating with their social networks than voters who agreed with the campaign message, creating a net result that was the opposite of the campaign’s intended impact.

Antonio Fatas @antoniofatas.bsky.social · 19d

Every year since 2021 I have been doing a webinar on the state of the global economy, mostly for the INSEAD community but it is open to anyone. This year it will be next week (January 21 at 12:00pm (CET)). If interested, register here: lnkd.in/gz7TqBcn

Anna Goeddeke @annagoeddeke.bsky.social · 19d

www.economist.com/finance-and-...

Is passive investment inflating a stockmarket bubble?

A widely circulated working paper suggests so

www.economist.com

Add to Home Screen

Light up
your news

Add to Home Screen

Light upyour news

Sign in to Lightnews

Sign up to start reading

Connect Bluesky

Connect with Bluesky

Light up
your news