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: 13 December 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
It seems @apple is not always quic to update the NAB Morning Call podcast. I fyou are on @SpotifyAU go there - it;s quicker: https://open.spotify.com/show/3MjUGlfozyxNDXdtMlfdxp
To what extent will a more hawkish Fed see the RBA pushing further this year. JBWere’s Sally Auld speculates on today’s Morning Call. https://shows.acast.com/morningcall/episodes/will-the-rba-join-the-push-to-go-higher