Carl Quintanilla

Carnot efficiency of the Universe?

Here we go. Treasury cash held at the Fed continues to decline. This trend will accelerate as the government gets going on the $1.9 trillion package.

A global cybersecurity crisis is underway after a Chinese hack targeted Microsoft's business email software, infecting at least 60,000 victims so far via @technology 

Would you like an ice cream with your Sputnik V dose? Russia’s Covid-19 vaccine is being avoided at home, while it’s being embraced abroad. Meanwhile Putin wants more medical consultations before he’ll get vaccinated. � @georgikantchev ⁩

THE DOUBLE WHAMMY OF THE GEORGIA ELECTION With the Senate's passage of the stimulus, the fiscal policy impact of the Georgia election is obvious. In today's @markets  newsletter, I wrote about how it was also a monetary policy event. Sign up here:

Andrew Bailey looks to the post-Covid future as the economy recovers from the pandemic. And he considers some of the structural changes we might see.

Romania’s foreign minister urges the European Union to take a tougher stance against Russia’s “provocative and assertive” relationship with the bloc

Still many fine details to address, but the final product will be fantastic. There’s nothing else even close.

Emerging-market currencies are selling off today the most vs the dollar going back to last March.

One year into the pandemic, we can clearly see that the social and economic impact of the virus is particularly hard for women. In response we must #ChooseToChallenge  women’s roles at home, at work and in our society. Read my latest blog post #IWD2021