Bonds sold off, Boris’ no-deal stymied
Bond yields up. NAB’s Tapas Strickland says it started in Germany with expectations that there will be no bazooka from the ECB this week.
Day: September 9, 2019
Should we have tighter controls on money supply?
Most money in the economy is created by commercial banks? I ask ProfSteveKeen how this power is being used and whether it is harmful for the economy at large?
THE TWITTERATI
It’s a day of mixed emotions, says NAB’s Rodrigo Catril, with equities heading in opposite directions on each side of the Atlantic. COVID19 news is mixed too - there are glimmers of hope but the timescale may be longer than many had hoped. https://t.co/pLizn13mWG