Boom Bust: Is Donald Trump right about the Federal Reserve?
Deutsche Bank’s share price hit its lowest level in more than three decades as concerns arise over whether it can handle the United States’ $14 billion penalty. Ameera David has the details. Then, Ed Schultz joins to give his on the first US presidential debate between Hillary Clinton and Donald Trump. Boom Bust’s Bianca Facchinei then reports on the WTO’s cutting of its global trade growth forecast to 1.7%.
After the break, Ameera sits down with Jim Rickards, Editor of Strategic Intelligence and Author of “The New Case for Gold”. Jim gives his take on the weak state of the U.S. economy and whether Donald Trump is correct in his claim that the Federal Reserve is too ‘political’ and has contributed to a ‘bubble.’ And finally, in The Big Deal, Edward Harrison explains why the just scheduled Italian referendum in December is a critical event in European politics.