Carl R. Tannenbaum @NT_CTannenbaum
Chief Economist for Northern Trust. @UChicago grad, former Fed risk manager during the financial crisis. Always in search of something good to eat. northerntrust.com Chicago, IL Joined November 2015-
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The #IMF's recent fiscal report highlights the advancing use, and cost, of #industrial #policy. Competition, not cooperation, seems to be the order of the day. Reflections here: northerntrust.com/insights-resea…
The #yen's weakness is the result of natural forces, not manipulation. #Currency rates follow #interestrate differentials, and the U.S. is offering really nice yields at the moment. wsj.com/articles/japan… via @WSJopinion
#India's elections are underway. Its #economy is one of the most promising in the world, but developing it will require skilled policy. Our views on prospects and perils here: northerntrust.com/insights-resea…
I am hoping someone does a study, and soon, that sheds objective light on the office vs. remote work debate. Four years on, and it seems like we still have lots of opinions but no firm conclusions. economist.com/business/2024/…
50 developers have defaulted, and millions of Chinese households own property that isn't worth very much. It will take years, and a lot of money, to resolve the real estate crash. wsj.com/real-estate/ch… via @WSJ
The #IMFMeetings last week highlighted the importance of #debt resolution for emerging #economies. But the formula for relief has gotten very complicated. Some thoughts on this critical issue here: northerntrust.com/insights-resea…
Some say the road to #netzero begins and ends with #copper. Our analysis of demand and supply for this critical #commodity here: northerntrust.com/insights-resea…
Ben #Bernanke recently completed a review of the #BankofEngland's forecasting process. His conclusions are must-reading for those of us who run models. A summary of the work here: northerntrust.com/insights-resea…
#Commercial #realestate is a source of concern, with #hybrid work creating office vacancies. But not all CRE is created equal...and not all office property is created equal. Our thoughts on the situation here: northerntrust.com/insights-resea…
#Commodities prices have been strengthening. But #water may be the most precious of them all in the coming years. How can we satisfy the world's thirst? Comments on a serious long-term challenge here: northerntrust.com/insights-resea…
We recently lost a giant in our field: Daniel #Kahneman. His study of behavioral #economics is must-reading for those in our field...and beyond our field. My tribute here: northerntrust.com/insights-resea…
#Immigration to the United States appears to have exceeded everyone's expectations. Is this good for the #economy? How will it affect #inflation? Some answers here: northerntrust.com/insights-resea…
#China has chosen to stimulate the supply side of its #economy, as opposed to boosting domestic demand. The resulting flood of #exports was bound to attract concern from the United States. nytimes.com/2024/04/17/us/…
I heard a lot of concern about the national #debt from clients during a recent trip. Their questions, and my answers, here: northerntrust.com/insights-resea…
#China's #currency is weak...but it isn't because it is being manipulated. Our analysis of this critical #exchangerate here: northerntrust.com/insights-resea…
The #inflation news so far this year has been too hot. As a result, we don't expect the #FederalReserve to lower rates until September...at the earliest. More on our change of view here: northerntrust.com/insights-resea…
Just wondering what the economics are here: office space in city centers isn't in high demand, and we have a shortage of apartments on the lower end of the spectrum, not the high end.
Just wondering what the economics are here: office space in city centers isn't in high demand, and we have a shortage of apartments on the lower end of the spectrum, not the high end.
The "no landing" scenario is rising in likelihood. nytimes.com/2024/04/11/bus…
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604K Followers 2K Following Breaking economics news and analysis from @business, the first word in global business and finance. Sign up for our daily newsletter: https://t.co/0m3cdbZZdY
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It appears the attendance was pretty good this morning along the Chicago River. #StPatricksDay #chicago
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I could look at these two charts all day. 2023 was supposed to be impossible. It happened.
Hear those @cta Holiday Train sleigh bells jingle jangle, oh what a beautiful sight on the Pink Line by The Mart on Tuesday!
#GivingTuesday is almost here! Please consider donating to Chicago Scholars and join the generosity movement on November 28th.
Saying So Long Summer. Chicago River Bridge Raising on Throwback Thursday, 2019. #chicago
Autumn's Awesomeness. The Bean amongst the colors in Chicago's Millennium Park on Wayback Wednesday, 2018. #chicago
In the wake of the attack on Israel, @nabe_econ members hear a stark outlook from @EurasiaGroup’s Maziar Minovi for a geopolitical recession which, unlike an economic recession, could take a generation to reverse. #NABE2023
"I was affected in this way for a very long period of time, like 25 years, so it was quite a portion of a life's history." On #WorldMentalHealthDay we remember John Nash, “a mathematical genius”, who was awarded the prize in economic sciences for his work on game theory.
.@YonatanPopper’s cover for this week’s issue, “Service Changes.” #NewYorkerCovers nyer.cm/bcxNgRj
The year that women showed up to participate at a record pace in the labor market and artists Taylor Swift & Beyoncé single-handedly lifted the local economies the cities they toured, a women is recognized for her extraordinary contributions to economics. ⬇️
BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2023 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Claudia Goldin “for having advanced our understanding of women’s labour market outcomes.” #NobelPrize
.@helene_rey gives an amazing Adam Smith Award Lecture at #NABE2023. Dollar dominance continues to grow even as trade share has declined as other economies grow and develop. 👏🏻 @jc_econ, NABE President, for recognizing her amazing work. @nabe_econ
CHICAGO IS THE FASTEST CITY IN THE WOLRD! A new world record was just set at the Chicago Marathon. Kelvin Kiptum ran with an unofficial pace of 4:36 per mile. Amazing!!
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