Fed cuts as expected, but markets still react
The expected cut from the Fed but, as NAB’s Gavin Friend explains on today’s Morning Call podcast, Jerome Powell was a little too hawkish for the markets.
Month: July 2019
Has Monetary Policy Had Its Day?
As the Federal Reserve gets set to cut interest rates, I ask Prof Steve Keen whether it’ll make any difference? In Japan interest rates are negative and it’s still not working. Does monetary policy actually work?
The Fed Decision, Aussie and European Inflation and the Falling Pound
A busy day – Phil Dobbie talks to NAB’s Rodrigo Catril about the Fed rate decision, Aussie inflation, European growth and CPI, the falling pound and Trump’s latest twitter spat against China.
Hard Brexit or a Quick Election?
The pound has taken a hammering, but the Euro hasn’t. NAB’s Ray Attrill says on today’s Morning Call, it’s all the more reason to believe the UK is heading for an election rather than a no-deal Brexit.
Stronger earnings, surprising GDP, but no grand-deal
What does the stronger than expected US GDP read last week mean for the Fed rate decision this week? I ask NAB’s Tapas Strickland. Plus, is it a week of trade deals going nowhere?
Parliament of the Damned
Trump and Boris, two blondes bent on world domination. Just like the blonde children in the Village of the Damned. Balls Radio explores the similarities.
Trump, Boris and Juncker
I came on to TalkRADIO to talk about a potential US UK trade deal and ended up talking about why Brexit happened in the first place.
Draghi ignores the freefall, for now
The IFO shows Europe is in ‘freefall’ but, as NAB’s David de Garis discusses on today’s Morning Call podcast, the ECB made no moves today.
European manufacturing weakens ahead of ECB
Further signs of manufacturing weakness see bond yields drop across Europe ahead of the ECB meeting today. How will they respond? Phil Dobbie talks to NAB’s Alex Stanley.
The future’s solar, finance is the problem
Solar could be the energy source of the future – but, Omar Cheema argues, its future is held back by finance, vested interest and geopolitics.
THE TWITTERATI
Was the Euro stimulus package a big step towards a United States of Europe. I ask @ProfSteveKeen. https://t.co/l9993m3RXk
Yields are moving higher for bonds in the US and Europe. NAB’s Gavin Friend looks at why bonds are being sold off and whether it will last. Is it a sign of optimism that economic conditions will improve? https://t.co/v7IuiHvP9d