No deal Brexit is no 'cliff edge' for the UK economy (but it won't help)
ING THINK aloud10 Sep 2020

No deal Brexit is no 'cliff edge' for the UK economy (but it won't help)

The UK government has changed some of the provisions in its divorce agreement with the EU, putting strain on already tense relations with the bloc and threatening to undermine a trade deal. In response, investors have pushed the pound down against both the dollar and the euro. But is a trade deal really so much better than no deal at all? In this podcast, ING's Developed Markets Economist James Smith offers his thoughts and explains why a sudden plunge in GDP is unlikely.

Avsnitt(126)

Stocks vs bonds: Who's right?

Stocks vs bonds: Who's right?

Federal Reserve Chairman, Jerome Powell, warned explicitly that the economic recovery in the US will depend on the path of Covid-19, perhaps in an effort to provide a dose of realism to buoyant equity...

30 Juli 202013min

'Pivotal' EU summit is no panacea

'Pivotal' EU summit is no panacea

EU leaders have agreed to issue common debt and hand it out as grants to struggling member states, in a move that some have compared to Alexander Hamilton's decision to federalise US debt. In this pod...

22 Juli 202013min

China’s multi-front economic battle post Covid-19

China’s multi-front economic battle post Covid-19

China’s economy is growing again. But so, too, is global pressure. The US officially rescinded Hong Kong’s special status this week while the UK is banning Huawei from its 5G network. Meanwhile, China...

16 Juli 202010min

The UK's profound economic challenge

The UK's profound economic challenge

UK Chancellor Rishi Sunak has laid out the next phase in the government's response to the Covid-19 pandemic, as the economy reopens after a three-month lockdown and the worst slump in 300 years. He a...

9 Juli 202014min

Brazil's Covid crisis

Brazil's Covid crisis

With 1.4 million coronavirus cases and over 60,000 deaths, Brazil now ranks as the second worst hit country in the world after the United States. But while the political response to the crisis has bee...

2 Juli 202013min

Why markets are shrugging off Covid-19

Why markets are shrugging off Covid-19

Covid-19 cases are still rising in the US. But so, too, are financial markets. The S&P 500 is on track for one of its best quarters ever while the Nasdaq recently hit a record high and the safe-haven ...

25 Juni 202011min

Will Climate Action Survive Covid-19?

Will Climate Action Survive Covid-19?

It was supposed to be the defining year of Climate Action. But the Covid-19 pandemic and economic destruction left in its wake have created an even more pressing emergency and some fear that climate a...

18 Juni 202012min

Fractured Europe: Why the South will struggle to recover from Covid-19

Fractured Europe: Why the South will struggle to recover from Covid-19

More severe lockdowns, weaker safety nets, smaller emergency spending programmes and structural challenges pose grave risks to the economic recovery in Southern Europe. In this podcast, ING's Senior E...

10 Juni 202014min

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