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
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