In this Q&A session, filmed at Expert Investor’s Pan-European Congress, Yanis Varoufakis reveals exclusively why he is not a eurosceptic. He also explains why he admires Wolfgang Schäuble, and much more.
Advanced economies have become the net receiver of market shocks while China and other emerging markets have turned into the sources, according to an IMF working paper.
The ECB’s latest salvo in the fight against the prospect of deflation was initially met positively by markets. But, a lack of a clear message that the Bank will cut rates further from here sent markets falling again almost as quickly.
The hyperbole is in full swing, with even The Queen backing Brexit according to The Sun. A more erudite view perhaps comes from Rathbones’ five common ‘myths’ around a potential exit from the EU.
Yanis Varoufakis would find it hard to resist voting for Brexit if he were British, he said at Expert Investor’s Pan-European Congress in Rome last Friday. However, his wish is not going to materialise, congress delegates believe.
It is not every day that the Bank of International Settlements warns that confidence in central bank omnipotence has begun to falter, but when it does it is worth a read.
A Brexit offers a lot of risk with little obvious reward; leading to lower UK growth and investment, and potentially higher unemployment and inflation, said BlackRock.
As volatility roars back, with major markets all negative year-to-date, client expectations also go through wild swings.
‘Extraordinary’ was how a number of commentators described the scenes in the House of Commons on Monday during the debate about whether or not Britain should remain in the European Union.
Neil Woodford, the UK equity star manager, has said he believes the United Kingdom’s economy would not be adversely impacted by leaving the European Union, with temporary currency weakness is the only real issue.