Without any cards, Trump does u-turn
About this episode
The episode discusses the recent changes in oil prices, the expansion of the US labour market, increased travel in China, and shifts in global debt demand.
Oil prices tumble even as Hormuz remains shut. US labour market expands. China holiday travel rises. Global debt demand shifts away from US Treasuries.
More episodes of Economy Watch
- US credit card debt leaps
- Markets act as though Hormuz is settled
- Intense pressure but financial markets still holding
- Compounding exposure
- Airlines become the canary of the global economy
- Fallout from oil price rises spreads
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