Day: 12 April 2021

US CPI today; all jabs are not equal

All eyes will be on US CPI numbers today. The Fed has made it clear any rise is expected to be transitory, but NAB’s Ray Attrill says a higher surprise could see markets challenge that theory.

Yellen’s global tax is a non starter

Janet Yellen wants the world to agree a universal rate of corporate tax. Has she got a cat in hell’s chance of making any headway? No way says @profSteveKeen on this week’s Debunking Economics podcast. But would it solve anything anyway?

Cyclical Thinking: Cyclical Thinking

This morning @RodneyHobson on cyclical stocks and kick starting your new ISA year. Plus Greensill and Liberty Steel. And the retail bounce back starts today.

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