A downgrade to inflation expectations on Friday gave market sentiment a boost. NAB’s Ray Attrill says it’s been taken as a sign that central banks might have to do less to soften demand and a reduced fear in recession risk.
Banking fears have fallen away and the focus is back on central banks. NAB’s Ray Attrill is asked how far will they go now and why is the market at odds with them? https://podfollow.com/nab-morning-call
How does the world change if transactions in the US dollar shrink as BRICs nations prefer to trade in their own currency. And can the west grow without investment from those countries? @profstevekeen on this week’s Debunking Economics podcast: https://podfollow.com/debunking-economics-the-podcast
