Links 21 January 2020

Global Macro / Markets / Investing:

Americas:

Europe:

Asia:

Trans-Tasman:

Comments

  1. I enjoyed that Ross gittins article having a go at the delusion at the impotent, flacid, droopy RBA.

    Stop trying to use ineffective monetary policy to fix fiscal stuff ups… If we need reform to laws but have a useless governement, stop cutting rates and pile pressure on the numpties in Canberra.

  2. Interesting…socialising the losses. Certainly a novel excuse to nationalise the fossil fuel/energy sector.
    https://www.smh.com.au/politics/federal/rba-told-to-mobilise-all-forces-to-save-the-economy-from-climate-change-20200120-p53szi.html

    Can’t have banks reaping the consequences of their poor decisions…

    “The BIS said climate change events that severely affected the financial health of the banking and insurance sectors could force central banks to intervene and “buy a large set of carbon-intensive assets”.