Markets are riding high on hopes of a US China trade truce but, as BNAB’s Rodrigo Catril points out, sentiment can turn if the news isn’t as good as it sounds.
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.
A humiliating defeat for the UK Prime Minister over Brexit. I talk to NAB’s Gavin Friend about the impact and what next.
The European economy seems to have found itself in sharp reverse, possibly heading into a continent-wide recession. Italy is already there, Greece has witnessed thousands leaving the country to find jobs, and the yellow vest protests show happy unhappy the French are. Then there’s Brexit, of course. In this edition of the Debunking Economics podcast, Phil Dobbie asks Prof Steve Keen how much we can blame the Euro for the perilous state of the European economy.
To hear the full version subscribe by picking a plan in the right column of the Debunking Economics website (not the mobile app). Or become a patron at https://www.patreon.com/ProfSteveKeen
The shutdown, Brexit, negative data (and revolts) from Europe and the trade impasse between the US and China. Yet the markets are a little optimistic, for now.
THAT woman on Question Time, how the EU is to blame for flooding (allegedly) and should Trump be a stand-up comic when he leaves office? Dredging up the old days on Balls Radio. https://t.co/YwKN6hdhOr