There’s now a greater than 50% chance that the ECB will lift by 75 basis points next week, says NAB’s David de Garis. The pound meanwhile is heading back to when mullets were fashionable/acceptable.
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
