The White House and congressional leaders are still working to try to reach agreement on raising the debt ceiling, but there’s no guarantee that a deal will get done in time. Deputy Chief US Economist Andrew Hunter and Deputy Chief Markets Economist Jonas Goltermann speak to David Wilder about this latest flare-up over the debt ceiling, including the potential for default, why minting a trillion dollar coin wouldn’t work and what's really going on in the CDS market.
Plus, Group Chief Economist Neil Shearing addresses some of the big themes that have come out of a series of client roundtables in Asia, including whether China’s economic recovery is already over, why core inflation data look so troubling and what’s wrong with the idea of a BRICS currency.
Read all the analysis referenced in this episode here.
Read all the analysis referenced in this episode here.