Day: 13 May 2020

Powell’s negative tone talks down markets. RBNZ talks negative rates.

Powell says it as he sees it, says NAB’s Gavin Friend, but his dovish tone has hit markets today. Later, jobs numbers for Australia and the US.

Inequality – are we stuck with it?

Inequality is being driven by the growth of the rentier class says Steve Keen. But is technology making it worse?

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