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Home Banking Final phase of combustive White House race, Scholz’s Wirecard moment of fracture, and more

Final phase of combustive White House race, Scholz’s Wirecard moment of fracture, and more

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Final phase of combustive White House race, Scholz’s Wirecard moment of fracture, and more

THE WEEKEND REVIEW – OMFIF

Latest opinion and analysis from OMFIF around the world

31 August-4 September 2020, Vol.11 Ed.34

Most-Read Commentary

Final phase of combustive White House race: The race for the White House is entering its final phase and the pivotal presidential debates are weeks away. On balance, it looks like the Republican national convention swayed more voters. Democratic nominee Joe Biden failed to get the traditional convention bounce, whereas President Donald Trump has narrowed his opponent’s lead. This year’s campaign is particularly combustive. Any number of unexpected events could shift it in one direction or the other, writes Darrell Delamaide.

Read more.

Podcast

Ahead of the ECB: Lars Feld, chair of the German Council of Economic Experts, and Geoff Yu, foreign exchange and macro strategist for Europe, Middle East and Africa at BNY Mellon Markets, join OMFIF’s Ellie Groves to talk about inflation targets and the economic outlook for the euro area, and how these will impact fiscal and monetary policy. Listen to the recording.

Podcast

Diving into US investment grade bond markets: James Blair, investment director of fixed income at Capital Group, joins OMFIF’s Pierre Ortlieb to talk about the state of US investment-grade bond markets. They discuss how these markets have performed during the Covid-19 crisis, what central bank policy innovation means for corporate bonds and more. Listen to the recording.

Commentary

Scholz’s Wirecard moment of fracture: The announcement of an inquiry into bankrupt payments firm Wirecard greatly complicates German Finance Minister Olaf Scholz’s bid for chancellorship in the 2021 general election. For three reasons, the Bundestag probe represents a crucial test – for Scholz, and for Germany, writes David Marsh. Read more.

Commentary

Abe’s successor has work to do: On 28 August, Shinzō Abe, Japan’s longest-serving prime minister, announced his resignation due to deteriorating health. The departing leader is known for ‘Abenomics’, launched in 2012 in an attempt to energise Japan’s economy. Abenomics is still work in progress, writes Sayuri Shirai. Read More.

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