Shorts – Summaries

The Day Today 8th September 2021

Bullard not bothered about weak payrolls, telling FT: “There is plenty of demand for workers and there are more job openings than there are unemployed workers… the taper will get going this year and will end sometime by the first half of next year”. Pfizer Chief Scientific Officer admits waning potency requires booster but lower…

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The Day Today 7th September 2021

Boris Johnson will announce a £10bn tax rise today. UK will ask G7 to crack down on internet tracking, the UK’s data protection watchdog is looking for a less intrusive system to cookie pop-ups. RBA “the board’s decision to extend the bond purchases at $4 billion a week until at least February 2022 reflects the…

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The Economist: Finance and economics articles summarised

Vietnam’s growth model Vietnam is in the midst of its worst virus outbreak and large parts of its manufacturing are impacted by its strictest lockdowns yet. Their GDP rose 2.9% in 2020 and this year could see even faster growth despite the lockdown. The World Bank forecasts growth of 4.8% for 2021. Its openness to…

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The Day Today 6th September 2021

CBI warns UK labour shortages could last two years. Australia FinMin wants to diversify away from reliance on China. Oil extends losses as Saudi cuts prices for Asia. Financial Reporting Council doesn’t publish rebuke of KPMG after its CEO intervenes. Fewer asset managers sign the FRC stewardship code: 189 applied, 125 made the cut Resolution…

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The Week That Will Be (5th September 2021)

1. RBA What is the point of QE? We will edge closer to an answer to that question with the RBA Meeting on Tuesday. This is the month when their taper is due to begin, but the sheer extent of lockdowns is leading the locals to anticipate it will be postponed. But why should it? What…

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