AYA Analytica podcast content curation

As of May 2019, this regular podcast is available on our Andy Yeh Alpha fintech network platform . Berkeley public economist Barry Eichengreen reconciles the nominal and real interest rates to argue in favor of greater fiscal deficits . French author and economist Thomas Piketty contends that there is an innate tendency toward wealth concentration in market economies where the nominal interest rate on capital investments exceeds the economic growth rate. Former IMF chief economist Olivier Blanchard argues that the real interest rate on risk-free government bonds must be less than the economic growth rate for most market economies to carry greater public debt with low inflation. Blanchard focuses on the real interest rate on low-risk government bonds, whereas, Piketty focuses on the nominal return on risky capital investments. These interest rates diverge by a 5%-6% equity risk premium, which reflects how risk-averse the typical stock market investor is through the real business cycle...

As of April 2019, this regular podcast is available on our Andy Yeh Alpha fintech network platform . IMF chief economist Gita Gopinath predicts no global recession with key downside risks at this delicate moment . IMF chief economist Gita Gopinath predicts no global recession with many downside risks at this delicate moment. First, trade tensions remain one of the major downside risks to the global economy, especially in the automobile and aircraft industries. Trump trade envoys need to reach mutual agreement with the Chinese Xi administration with respect to U.S. bilateral trade deficit eradication and intellectual property protection and enforcement. Second, slower economic growth poses another threat to continental economies such as Europe and China. These economies represent the biggest victims of U.S. tariffs that the Trump administration unilaterally decides to impose due to American trade protectionism. Third, a deterioration in stock market investor sentiment may rapid...