Markets have responded positively to an undecided election result. NAB’s Gavin Friend suggests investors would prefer not to see an overwhelming blue tide across the House and the Senate – there needs to be some balance.
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