Month: March 2020

Fed’s emergency cut doesn’t halt the carnage

Big risk off moves after Fed’s emergency rate cut, including a massive drop in Treasury yields. NAB’s Rodrigo Catril talks through another volatile 24 hours.

We need to prepare the economy for a lock down

Cutting interest rates won’t solve the problem of low production and low demand – so, I ask Prof Steve Keen, what can be done to protect us from the impact of the Corona Virus.

RBA ready to cut; G7 phone hook-up helps markets

A rate cut is very likely from the RBA today, but NAB’s Ray Attrill says a phone hook-up tonight of G7 central bankers will set determine the global emergency approach.

Can US debt keep rising forever?

US government debt is now well over $23 trillion, It keeps rising. I ask @Profstevekeen if we’ll ever hit a point where this is a problem?

WHO declares another case of Johnson impregnation

WHO declares another case of Johnson impregnation – that pushes the unofficial count to six, but it could be much higher. Balls Radio has the facts.

China’s manufacturing crumbles, central banks ready to step in

The worst PMIs on record for China and central banks likely to coordinate rate cuts this month. NAB’s Tapas Strickland on the latest market responses to COVID-19 news.

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