Buybacks, paybacks – the economic answer to the crisis
How the government can get the right amount of money into the hands of those who need it. Plus, how to save companies whilst penalising their greediness.
AUDIO
Podcasts and other audio content from Phil Dobbie
What’s driving today’s sea of green?
Renewed optimism, profit taking, liquidity or government stimulus. NAB’s David de Garis on what’s driving today’s sea of green.
Another day of extremes, RBA ready to cut again
All asset classes took a hammering – NAB’s Tapas Strickland explains why safe havens like gold and bonds are amongst them. Plus, a rate cut from the RBA today, but hasn’t monetary policy gone as far as it can go?
Aussie’s new low and US ‘Helicopter’ Money
More stimulus from the US and UK governments – enough to help equity markets? Plus, a pre-GFC low for the Aussie dollar. NAB’s Ray Attrill on today’s Morning Call podcast.
Herd but not seen
The merits or otherwise of herd immunity, the Big Brother household that knows nothing about it and a good place for Katie Hopkins.
Another black day as markets look for light at the end of the tunnel
Moves by the Fed yesterday didn’t stop another black day on the markets, as stocks collapse and bonds rally. NAB’s Gavin Friend talks us through what happened.
RBNZ latest to cut in global ‘whatever it takes’ moves
More emergency measures by central banks as virus spread continues. NAB’s Rodrigo Catril says the uncertainty will continue until we know containment measures are working.
Markets in turmoil as virus spreads and governments fail to respond
Congress squabbling is one example of governments failing to deliver on a comprehensive stimulus program. That’s what’s causing turmoil in the markets says NAB’s Gavin Friend.
Do we need a Corona bond?
Stimulus from central banks and governments go nowhere near seeing us through the #COVID19 crisis, argues @ProfSteveKeen. So, what do we do?
A pandemic and an emergency cut with more help needed
The UK declared an emergency rate cut coordinated by government stimulus. We expect to hear Australia’s response today. But what of Europe and the US? NAB’s David de Garis on today’s Morning Call podcast.
THE TWITTERATI
Could business resume sooner rather than later? Equities are behaving as though we will. Also EU finance ministers fail to reach agreement on stimulus, oil spikes on hopes of a supply settlement, and Bernie Sanders pulls out of the Presidential race. https://t.co/packx2Mun4
If the EU can’t fix the crisis in Italy and Spain without those nations incurring massive debt, will the southern nations pull out of the European experiment? I ask @ProfSteveKeen https://t.co/6lcTiuKfbU Support Steve at https://t.co/aO1AJXSNnk