ECB ends QE on a dovish note
The ECB ends QE but a dovish tone from Mario Draghi drove the Euro down a little today. “He’s playing the markets nicely”, says NAB’s David de Garis on today’s Morning Call podcast.
Day: December 13, 2018
Will banks ever behave?
Banks develop speculative bubbles because they have risk mitigated by government bailouts. I ask Steve Keen how we change the behaviour of banks, so they lose out on risks, rather than holding the economy to ransom.
THE TWITTERATI
Brexit runs short of time, the US China trade deal goes sideways, but NAB’s Ray Attrill talks about markets that are still optimistic. https://t.co/JIcp8kWG4q
A sticking point on the US China truce has created mild risk off sentiment. NAB’s Rodrigo Catril says we’ve been here before. https://t.co/rBK5LVZ7mO