Day: 29 June 2020

Taking stock on a no-bad news day

Today’s positive market sentiment is driven mainly by a lack of new bad news. NAB’s Ray Attrill says the housing market looks set to be the brightest spot in the US economic recovery.

Will money printing pay for the COVID-19 debt?

UK government debt is racing past £2.7 trillion – even more to come with Boris’ Rooseveltian aspirations. I ask @profstevekeen whether this money really has to be paid back?

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