Morning brief podcast
Econ talk is an award-winning, weekly talk show about economics in daily life
Paul Donovan speaks economics and politics
Bond yield distortion
Paul Donovan shares his insights regarding how Trump administration politics are affecting bond yields, which in turn are influencing the prices of various raw materials.
Trade talks not taxes
US Treasury Secretary Mnuchin has been musing on the delights of a taxpayer financed trip to China at some point. The idea would be to discuss trade. This, along with the lack of detail about Trump trade taxes on another USD 100bn of goods partially made in China, is feeding market hopes of a deal being struck.
The critical uncertainty about the ECB press conference
The main point of interest at today's ECB press conference is what color tie ECB President Draghi will wear. That is a far more uncertain outcome than the policy decision. The ECB's unneeded bond buying program will continue for now. We do expect it to conclude by the end of the year (with rate hikes within six months of the end of bond buying).
