Oil talk and jobless surge
Massive moves on hopes of an oil truce and worse than anticipated jobless claims in the US – 10 million claims in two weeks, says NAB’s David de Garis.
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Podcasts and other audio content from Phil Dobbie
Bad start to an unhealthy quarter
There’s not a lot of good news around, says NAB’s Gavin Friend. Equities kick off Q2 as the reality check hits home.
Who is handling this virus the best?
Steve Keen on which countries are managing to control the virus and which are best placed to see a swift economic recovery, if any.
US and Europe – two sides of the same coin
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.
See you on the other side
The response to Scott Morrison’s job retention stimulus, plus the influence of month-end on a rally in equities. NAB’s Ray Attrill makes sense of today’s market moves.
Hibernation, but for how long?
There were further big falls in equities on Friday despite President Trump signing his $2 trillion stimulus package. NAB’s Rodrigo Catril says there is growing concerns about how long economies will be shut down for.
How did we get here?
On this week’s Debunking Economics podcast I talk to Prof Steve Keen and Nick Hanauer about why the western world is so slow to respond to the spread of the Carona virus, and whether we’ll repeat the mistakes once its gone?
US equities rise on stimulus, despite massive US unemployment surge
An unprecedented spike in US jobless claims, yet equities rise sharply too. NAB’s Gavin Friend explains all hopes are now on the stimulus and hopes a recession will be short and sharp. But where’s the evidence?
Flying blind, destination unknown
With markets unsure where to head next, NAB’s Gavin Friend examines the COVID19 response in Europe, UK and the US, and the problems they are having.
Self-employed go hungry whilst Rishi overthinks it
Rishi Sunak seems to be ignoring the simple answer for the self-employed, An answer so simple even Donald Trump gets it.
