If the US government closure lasts a few more weeks, the “data-dependent” Federal Reserve will have to make a blind stab. It’s yet another market drama.
Canadian pension fund La Caisse’s investment into Australian renewables developer Edify Energy provides a great snapshot into how the market has changed.
We all know a big bank’s executives can find a few hundred million to settle with a regulator, but it’s ANZ’s downtrodden shareholders who will foot the bill.