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
Theresa May survives, positive housing data in the US, equities up, but why was the Aussie dollar down? I talk to NAB’s Ray Attrill: https://t.co/50nrbm6nUj
Theresa May seems to think it's everyone else's fault. Interesting approach.