The markets were buoyed at the end of last week by hopes that some sort of trade deal with China was closer. As Phil Dobbie discusses with NAB’s Ray Attrill tweets and news reports over the weekend will have added to this expectation. Meanwhile the Fed is grappling with how to manage prolonged periods of low interest and low inflation – is ‘average inflation targeting’ the answer? And Theresa May has kicked the can down the road again, with her parliamentary Brexit vote now happening on March 12, but could Brexit be delayed as much as two years?
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We’ve got it all wrong on the role of tax
Why tax levels should be more to do with the government controlling the level of inflation in the economy and less to do with raising revenue to pay for their own expenses.
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Revolutionary ideas 2: Budde, King, Malone
Telecommunications will change the way we live, with new behaviours and the merging of industries. And telcos, if they don’t change, could go the way of the dinosaurs.
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Markets in turmoil as virus spreads and governments fail to respond
Congress squabbling is one example of governments failing to deliver on a comprehensive stimulus program. That’s what’s causing turmoil in the markets says NAB’s Gavin Friend.
