America’s lax lending problem, Schiff Part II on the Fed
According to the IMF, Italy is facing 20 years of economic woe. And in similarly downbeat news, Japan’s Abe has ordered a new stimulus package after an election win, as growth forecasts for Japan have been downgraded. Ameera David has the details. Afterwards, Boom Bust’s Bianca Facchinei describes the battle over the South China Sea and what Tuesday’s ruling means for Beijing’s maritime ambitions. Then, Ameera’s interview with Tematica CIO Chris Versace continues, with Chris warning what markets look back with fewer stock buybacks and thoughts on political risks in Europe.
After the break, Ameera David talks to Peter Schiff about the interaction between Fed policy and US economic data. And in the Big Deal, Ameera and Edward Harrison talk about lax lending standards now being flagged by US bank regulator OCC.
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