Paul Krugman

@paulkrugman ↗

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Last Checked June 4, 2021

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Thu Apr 30 21:05:11 +0000 2020

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Paul Krugman @paulkrugman

When you buy a stock, you're buying a claim on a stream of future profits, which is something like buying a bond. In fact, bond ETFs literally are an indirect way of buying bonds — and they're way up 2/ — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

Tomorrow's col will be about the disconnect between stocks and the real economy, mainly making a point I'm surprised more people aren't emphasizing: interest rates have plunged, making stocks more attractive 1/ — PolitiTweet.org

Posted April 30, 2020 Hibernated

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Paul Krugman @paulkrugman

One example, which just happened to be easily accessible: iShares long term Treasury ETF. It's up about 30% since last fall 3/ https://t.co/ShBtA75vAq — PolitiTweet.org

Posted April 30, 2020 Hibernated