ECB to buy faster, US job claims slowing
Bonds are once again driving the agenda, says NAB’s David de Garis. Today was calmer, helping equities to rise. In Europe, the ECB has announced an increase in the velocity of bond purchases.
Day: 11 March 2021
Beg, steel, and borrow
Is this the end of the line for the British steel industry. I talk to Steve Keen about the repercussions of the collapse of Greensill Capital. Plus, the US stimulus bill passed, but is it too much?
THE TWITTERATI
12 Morning Calls, 3 Debunking Economics and 3 Why Curves till Christmas.
Resilience in the labour market seems to be a persistent theme. NAB’s Taylor Nugent says we saw it in the US and Canada on Friday, with markets expecting a deepening recession risk as central banks push harder. https://shows.acast.com/morningcall/episodes/the-central-bank-dilemma-is-it-working