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 been a while since we saw a market reaction to non-farm payrolls, says NAB’s David de Garis, but today’s upside surprise has helped equities rise even higher. https://t.co/mdoQQfpMm4