Emerging from Covid-19
The Covid-19 pandemic has ripped through the developing world this year with particular cruelty and ferocity, upending lives and livelihoods on a scale never seen before. But in markets, at least, signs of hope have started to emerge. In this podcast, ING's Emerging Market Sovereign Debt Strategist Trieu Pham takes a look at what the future holds for some of the hardest-hit countries in the world.
17 Sep 202013min
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.
10 Sep 202013min
The Fed, the dollar and the asset bubble
Is the Federal Reserve encouraging a stock market bubble? Critics say a recent change to the central bank's policy framework has undesirable side effects and puts the dollar at risk. Fed member Lael Brainard admitted this week that the new policy, and consequent expectations that interest rates will stay lower for longer, could indeed entice investors to take more risk in the search for higher returns. In this podcast, ING's Chris Turner looks at what this means for financial markets around the world.
3 Sep 202011min
How the economy could shape the US Presidential election
With less than 10 weeks to go until the US election, President Trump continues to trail Democrat rival Joe Biden in the polls. But the race is far from over. In this podcast, ING's James Knightley discusses how economic developments could affect the outcome of the vote and what the result could mean for policy, and for financial markets.
26 Aug 202013min
End of job retention schemes risks recession in Europe
Many short-time work schemes in Europe are set to end at the turn of the year, suggesting the unemployment rate will finally start to reflect some of the huge economic damage caused by Covid-19. In this podcast ING's Carsten Brzeski tells Rebecca Byrne what he's expecting from the job market over the coming year and how this could impact the recovery.
20 Aug 202015min
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 markets. The optimism priced into stocks stands in stark contrast to the much more negative sentiment in the bond market, where Treasury yields are near record lows. In this podcast, Padhraic Garvey, ING's Regional Head of Research in the Americas, tells Senior Editor Rebecca Byrne which market has got it right.
30 Juli 202013min
'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 podcast, ING's Senior Eurozone Economist Bert Colijn tells Senior Editor Rebecca Byrne what the agreement really means for future integration and discusses its implications for the economy and markets.
22 Juli 202013min
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’s relations with Canada, Australia and many of its Asian neighbours are strained by disputes over technology, trade and its pursuit of resources in the South China Sea. In this podcast, ING’s Chief Economist for Greater China, Iris Pang, discusses the risks and challenges ahead with Senior Editor Rebecca Byrne.
16 Juli 202010min
