Oil lower, Euro economy weaker, Trump warns against a Fed hike
Further falls in oil prices. I ask NAB’s David de Garis ‘when will it stop”?’ Plus, President Trump tells the Fed to read the Wall Street Journal for advice on monetary policy.
Day: December 18, 2018
The Future of Banks
Do banks have a future or will Fintech companies take over. Prof Steve Keen says they can only go so far, without a bank’s ability to create money.
THE TWITTERATI
Most companies have beaten earnings expectations. NAB’s Tapas Strickland says that explains why stocks are at all-time highs, plus the stimulus from the new Presidency. https://t.co/nLXaYNCedC