Migrants are viewed more as a drain on resources than a boost to the economic output of a country. But s an open border any better?
The spread of yield between short and long term US Treasuries is narrowing. Some say its a sure sign a recession is on the way.
US CPI numbers came in much higher than expected, with a swift market reaction. NAB’s David de Garis says the bond market reaction has been mature, but you could argue that the equity market has overreacted. Listen to why: https://t.co/UbdAjb9zja