A slower recovery than hoped for, yet equities still rise
More irrational exuberance in equity markets says NAB’s Ray Attrill, on a day when data is soft and stimulus hopes in the US look further away than ever.
More irrational exuberance in equity markets says NAB’s Ray Attrill, on a day when data is soft and stimulus hopes in the US look further away than ever.
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast
A quiet session, with no bad news giving a refocus on the Fed and other central banks. JBWere’s Sally Auld says we shouldn’t discount further systematic uncertainty as rates rise. https://podfollow.com/nab-morning-call