Rolfs länktips 20 November 2024
As Nvidia reports, here’s the history of what happens next after ten giant stocks outperform - MarketWatch Trump has no inkling of comparative advantage; second and worse, he does not understand that the trade balance is determined by aggregate supply and demand, not by the sum of bilateral balances. Martin Wolf Financial Times 19 November 2024 https://www.ft.com/content/67a36786-8c79-41a2-8f22-3092b0a74d19 Trying to close current account deficits with trade tools could cause serious damage Risk of new eurozone crisis is rising, warns central bank ECB said investors were becoming increasingly concerned about government borrowing across the single currency bloc, which has barely grown in recent years. In its latest financial stability review, it said: ”Headwinds to economic growth from factors like weak productivity make elevated debt levels and budget deficits more likely to reignite debt sustainability concerns.” https://www.telegraph.co.uk/business/2024/11/20/new-eurozone-crisis
