@BrettEHouse
Treaty 13 land
Joined April 2009
Brett House retweeted
Canada has recently made significant steps in diversifying its global economic relations. I joined @ppforumca's WONK podcast with @GitaneDeSilva and host @michaelserapio to discuss global interest in Canada and how it can lead to investment and growth that serves Canadians. ppforum.ca/ppf-media/canadas…
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"U.S. Pressure Is Awakening an Energy Giant in Canada" wsj.com/business/energy-oil/… "President Trump’s trade war and the Iran conflict have ignited Canada’s ambition to diversify its energy exports."
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Brett House retweeted
The 10y10y forward US Treasury yield is now firmly above anything we've seen in the past two decades. The US looks comparatively good compared to the rest of the world, where the sell-off in global bond markets is even more severe. A global debt shock... robinjbrooks.substack.com/p/…
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Brett House retweeted
Foreign inflows into US equities, which are associated with the AI buildout, are massive in the past two years. There's lots of talk this will lift the Dollar, but these flows haven't boosted the Dollar so far. There's way more hype around AI than truth... robinjbrooks.substack.com/p/…
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Central banks are back in tightening mode as they abandon a long-standing tendency to "look through" supply shocks in the face of large, persistent, and recurring disruptions:
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Brett House retweeted
The White House has scheduled a ban on a range of Canadian exports, including alcoholic beverages. I spoke with Megan Cerullo of @CBSNews about how the ban could raise costs for Americans and hurt consumer satisfaction. cbsnews.com/news/us-ban-cana…
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Brett House retweeted
The US Treasury Secretary claimed his buyback of US bonds was successful, but we can already see it hasn't brought down yields, and it may cause them to rise as it doesn't address the US's ballooning public deficits and debt. I discussed the buybacks' drawbacks with Megan Cerullo of @CBSNews. cbsnews.com/news/us-treasury…
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Brett House retweeted
Pres. Trump's proposed election dividend cheques would push up the deficit, push up inflation, push up interest rates, and make the US economy weaker. @jdickler at @CNBC summed up economists' views from Brian Bethune, @byHeatherLong, and myself. cnbc.com/2026/09/10/trump-50…
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Brett House retweeted
The global public debt situation summed up in one chart. This is why @robin_j_brooks is a must-follow!
This is the rise in 10-year government bond yields above and beyond the global average so far this year. It's clear markets are penalizing high-debt countries and rewarding low-debt ones. Markets are going after countries that are out of fiscal space... robinjbrooks.substack.com/p/…
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Brett House retweeted
Six months into the Iran war, air travel consumers are still facing its economic consequences. I discussed the factors behind stubbornly high airfare prices with Matt Sedensky of the @AP. apnews.com/article/iran-econ…
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Canadian exports to the EU cannot compensate for lost access to US markets. But a lack of fiscal restraint, coupled with the war in Iran, means it scarcely matters. Canadian exports are still growing as the Trump administration's economic policies work at cross-purposes.
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Through the magic* of inflation, aggregate advanced-economy debt-to-GDP levels are down from pre-pandemic levels: */s (1/3)
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The global public debt situation summed up in one chart. This is why @robin_j_brooks is a must-follow!
This is the rise in 10-year government bond yields above and beyond the global average so far this year. It's clear markets are penalizing high-debt countries and rewarding low-debt ones. Markets are going after countries that are out of fiscal space... robinjbrooks.substack.com/p/…
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The US Treasury Secretary claimed his buyback of US bonds was successful, but we can already see it hasn't brought down yields, and it may cause them to rise as it doesn't address the US's ballooning public deficits and debt. I discussed the buybacks' drawbacks with Megan Cerullo of @CBSNews. cbsnews.com/news/us-treasury…
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Brett House retweeted
We've ended up in the top left square: a hike and a hawkish press conference. That means Dollar up a lot and gold and S&P 500 flat to slightly down. A lot of the critical questions didn't get asked in the press con, so I would say Warsh got off lightly... robinjbrooks.substack.com/p/…
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I would like my contribution to include pointing out the very recent study by Kharazian et al., which finds that companies that adopt AI more end up hiring MORE entry-level workers. noahpinion.blog/p/ai-keeps-s…
Replying to @DKThomp
Brief summary of the "Is AI taking young ppl's jobs?" debate 1. Me, others: A bit of job displacement seems likely 2. Amodei, others: Actually, displacement is very very likely 3. EIG, etc: Never mind, it's not happening 4. Stanford economists: Actually, it's definitely happening 5. Economic critics of the Stanford paper, eg @Noahpinion: Eh, evidence is kinda weak 6. Census; Wait, maybe it *is* happening?
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