More trade concerns, more Brexit pantomine, more patience from the Fed. I go through what’s driving markets today with NAB’s Gavin Friend.
The floating of currencies has created a massive forex industry. @ProfSteveKeen says it has made life harder for speculators, which is a good thing, but the world missed a trick when it ignored Keyne’s idea of the Bancor. https://t.co/NJDPcI33JI