MM042: Bank of England surprise, Fed taper & Biden's nightmare

In this episode, I talk to Amplify co-founder and Head of Trading Piers Curran about the communication failure from Bank of England Governor Andrew Bailey and its impact on the Bank's credibility. We also look at Jerome Powell's performance after announcing tapering and discuss the real prospect of the Democrats losing both the Senate and the House at next year's mid-terms as Joe Biden's approval rating remains one of the worst in history.Finally, we can't go an episode without talking about Tesla! Discussing why the share price is rising irrespective of fundamentals, alongside a quick look at the collapse in pandemic winner Peloton this week.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.