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In the Media | January 2017

"Wildcard" Trump Could Affect Markets, Economic Outlook in 2017

CBC News, January 2, 2017. All Rights Reserved.

Donald Trump, who will be inaugurated as the next U.S president on Jan. 20, brings with him a high level of uncertainty for 2017, investment managers and economists say.

Following the election of Trump on Nov. 8, U.S. stocks took off, with key indices hitting multiple records highs. The Dow Jones industrial average — the benchmark index of blue chip companies — came tantalizingly close to topping the 20,000-point plateau for the first time before the rally petered out in the last trading days of 2016....

Read more: http://www.cbc.ca/news/business/markets-economy-2017-lookahead-1.3916631  

Publication Highlight

Working Paper No. 916
Unconventional Monetary Policies and Central Bank Profits
Seigniorage as Fiscal Revenue in the Aftermath of the Global Financial Crisis
Author(s): Jörg Bibow
October 2018

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