Report
US fiscal stimulus: still no white smoke
Monetary policy is delegated to the Fed. Trade policy is dominated by the White House. It is therefore in the fiscal sphere that the balance of power between Republicans and Democrats is played out. Their partisan interests often take precedence over the needs of economic stabilisation. Remember: the battle over the debt ceiling in 2011 resulted in the US losing its AAA credit rating and that 2019 was marked by the longest government shutdown in history. Without the panic caused ...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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