Equity markets rose again in the US on strong earnings, but as NAB’s Gavin Friend points out in today’s podcast, bond markets have not responded, focused instead on what the Fed is doing and what impact that will have on the economy
A calm session on the markets. NAB’s David de Garis says there’s still uncertainty over what’s round the corner. Meanwhile, Australia inflation falls. Does that mean job done for the RBA? https://podfollow.com/nab-morning-call
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast
