MM007: Will Biden's stimulus cheques boost the economy?

03/12/21 • 20 min

In this episode we look at the general optimism that has re-emerged this week as the DJIA & S&P 500 hit fresh record highs and look at what incoming stimulus cheques might mean for the US economy. Also, discussed is the latest ECB meeting as well as a look ahead to next week's FOMC announcement.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Previous Episode

MM006: Oil surges as OPEC+ hold firm

In this week's episode, Piers and I review the latest decision from OPEC+ where the cartel opted to not relax supply curbs even as the global economy pulls out of its pandemic-driven slump, confounding widespread expectations the group would loosen the taps. We investigate the reasons behind the decision and how the Saudi strategy brings back memories of 2014/15. Also, under discussion is the latest US jobs report and next week's ECB meeting.

Hosted on Acast. See acast.com/privacy for more information.

Next Episode

MM008: Will the Fed 'twist' again

In this week's episode, we talk about the sequence of policy steps the Fed has at its disposal and why the gradual process of normalising policy poses risks to the sustainability of the post covid recovery. Also under review is the on-going tension between the EU and UK over vaccine supplies and some thoughts on the first high-level meeting that took place between US-China this week.

Hosted on Acast. See acast.com/privacy for more information.