We can expect a cabinet resignation today over leaks from the National Security Council. Phil Dobbie suggests, like at school, the culprit should own up or the whole class gets detention. Also, the man so incompetent he even failed as a suicide bomber. And the fire at Port Talbot – were they hoping for the same reaction as the Notre Dame? We’re still waiting for the pledges from wealthy benefactors.
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The risk of rising risk sentiment
There’s rising risk sentiment ahead of US inflation data later on. NAB’s Tapas Strickland says there’s some hope that inflation is close to peaking.
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Morning Call Listens
Here’s a running table of listens to my NAB Morning Call podcast, for those who are interested.
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Will money printing pay for the COVID-19 debt?
UK government debt is racing past £2.7 trillion – even more to come with Boris’ Rooseveltian aspirations. I ask @profstevekeen whether this money really has to be paid back?
