No Grand Bargain

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This episode was published on August 3, 2011.

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from Market Watch · host BFM Media

Leif Eskesen, HSBC Chief India & Asean Economist in Singapore talked about what's next after the US debt ceiling has been raised. - though first step in the right direction, clearly did not come out as the grand bargain hoped for - likelihood of credit rating downgrade - not clear yet - impact on creditors' confidence, and US treasuries - not very persistent effects on economic activity in the Asia region - interest rate not moving until well into 2012 as US economy weaker than anticipated See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published Aug 3, 2011

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No Grand Bargain

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