Podcasts about Lagarde

  • 624PODCASTS
  • 3,071EPISODES
  • 19mAVG DURATION
  • 1DAILY NEW EPISODE
  • Oct 6, 2025LATEST

POPULARITY

20172018201920202021202220232024

Categories



Best podcasts about Lagarde

Show all podcasts related to lagarde

Latest podcast episodes about Lagarde

Ransquawk Rundown, Daily Podcast
European Opening News: Nikkei 225 rallied, JPY fell and the JGB curve steepened on Takaichi's victory

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 6, 2025 6:09


APAC stocks began the week mixed amid several holiday closures throughout the week and the ongoing US government shutdown.Nikkei 225 rallied, JPY fell and the JGB curve steepened amid hopes of fiscal loosening and a delay to BoJ policy normalisation following Sanae Takaichi's LDP leadership victory.Crude futures gained after OPEC+ producers agreed to a modest production increase of 137k bpd in November.Israel and Hamas are preparing for mediated negotiations on Monday in Egypt; hopes for a ceasefire have increased.NEC Director Hassett commented that mass layoffs of federal workers will begin if President Trump sees that shutdown talks are going nowhere.Looking ahead, highlights include EZ Construction PMI (Sep), Sentix (Oct), Retail Sales (Aug), US Employment Trends (Sep), New Zealand NZIER (Q3), BoE's Bailey, ECB's de Guindos, Lane, Escriva & Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
European Opening News: Trump considers rebate and European futures mildly firmer

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 3, 2025 3:00


APAC stocks were mostly firmer, taking their cue from Wall Street's gains amid light newsflow, whilst the looming delay of the US jobs report due to the government shutdown keeps focus on Fed speak and ISM data.US President Trump said he is considering taxpayer rebates of USD 1,000–2,000 funded by tariff revenue, according to Reuters.USD/JPY saw upside momentum as BoJ Governor Ueda stressed the importance of maintaining an accommodative monetary environment to support the economy.European equity futures are indicative of a mildly firmer open with the Euro Stoxx 50 future +0.2% after cash closed +1.1% on Thursday.Highlights include Turkish CPI (Sep), EZ & UK Final Composite PMIs (Sep), EZ Producer Prices (Aug), ISM Services (Sep), ECB's Lagarde, Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep)Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Opening News: DXY is flat awaiting ISM Services; no NFP report today on account of the US Government shutdown

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Oct 3, 2025 2:17


European bourses and US futures are firmer into a quieter than initially scheduled session on account of the gov't shutdown, ES +0.3%.DXY underpressure, down to a 97.70 trough. JPY is the relative laggard after remarks from Ueda, NZD continues to climb.USTs await ISM Services, Bunds unreactive to PMI revisions and remarks from Lagarde re. Knot. Gilts are attentive to the OBR's first forecast round.Crude saw fleeting upside on Hamas asking for more time to consult on Trump's Gaza plan, XAU pauses for breath.Looking ahead, US Final Composite PMIs (Sep), ISM Services (Sep), ECB's Schnabel, Fed's Williams, Jefferson, BoE's Bailey.Due to the US government shutdown, the following data will not be released: US NFP (Sep).Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
Brigitte Macron contrainte de prouver qu'elle est une femme à la justice américaine, le projet de gouvernement de Sébastien Lecornu et la déflagration CNews

L'info en intégrale - Europe 1

Play Episode Listen Later Oct 1, 2025 4:10


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, Brgitte Macron contrainte de prouver qu'elle est une femme face à la justice américaine, le plan de paix de Donald Trump pour Gaza, le projet de gouvernement de Sébastien Lecornu et la déflagration CNews. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La revue de presse
Brigitte Macron contrainte de prouver qu'elle est une femme à la justice américaine, le projet de gouvernement de Sébastien Lecornu et la déflagration CNews

La revue de presse

Play Episode Listen Later Oct 1, 2025 4:10


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, Brgitte Macron contrainte de prouver qu'elle est une femme face à la justice américaine, le plan de paix de Donald Trump pour Gaza, le projet de gouvernement de Sébastien Lecornu et la déflagration CNews. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Thoughts on the Market
Tackling Economic Hurdles in Europe and Asia

Thoughts on the Market

Play Episode Listen Later Sep 30, 2025 12:53


Morgan Stanley's chief economists discuss how policymakers in China, Japan and the European Union are addressing slower growth, deflation or the return of inflationary pressures. Read more insights from Morgan Stanley.----- Transcript ----- Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist.Well, a lot has changed since the second quarter and the last time we did one of these around the world economics roundtable. After an extended pause, the United States Federal Reserve started cutting rates again. Europe's recovery is showing, well, some mixed signals. And in Asia, there's once again increasing reliance on policy support to keep growth on track.Today for the first part of a two-part conversation, I'm going to engage with Chetan Ahya, our Chief Asia economist, and Jens Eisenschmidt, our Chief Europe economist, to really get into a conversation about what's going on in the economy around the world.It's Tuesday, September 30th at 10am in New York.Jens Eisenschmidt: And 4pm in Frankfurt.Chetan Ahya: And 10pm in HongSeth Carpenter: So, it's getting to be the end of the third quarter, and the narrative around the world is still quite murky from my perspective. The Fed has delivered on a rate cut. The ECB has decided that maybe disinflation is over. And in Asia, China's policymakers are trying to lean in and push policy to right the wrongs of deflation in that economy.I want to get into some of the real hard questions that investors around the world are asking in terms of what's going on in the economy, how it's working out, and what we should look for. So, Chetan, if I can actually start with you. One of the terms that we've heard a lot coming out of China is the anti-involution policy.Can you just lay out briefly for us, what do we mean when we say the anti-involution policy in China?Chetan Ahya: Well, the anti-evolution policy is a response to China's excess capacity and persistent deflation challenge. And in China's context, involution refers to the dynamic where producers compete excessively, resulting in aggressive price cuts and diminishing returns on capital employed. And look, at the heart of this deflation challenge is China's approach of maintaining high real GDP growth with more investment in manufacturing and infrastructure when aggregate demand slows. And in the past few years, policy makers push for investment in manufacturing and infrastructure to offset the sharp slow down in property sector.And as a result, a number of industry sectors now have large excess capacities, explaining this persistent deflationary environment. And after close to two and a half years of deflation, policy makers are recognizing that deflation is not good for the corporate sector, households and the government. And from the past experience, we know that when policymakers in China signal a clear intention, it will be followed up by an intensification of policy efforts to cut capacity in select sectors. However, we think moving economy out of deflation will be challenging. These supply reduction efforts may be helpful but will not be sufficient on their own. And this time for a sustainable solution to deflation problem, we think a pivot is needed – supporting consumption via systematic efforts to increase social welfare spending, particularly targeted towards migrant workers in urban China and rural poor. But we are not optimistic that this solution will be implemented in scale.Seth Carpenter: So that makes sense because in the past when we've been talking about the issue of deflation in China, it's essentially this mismatch between the amount of demand in the economy not being sufficient to match the supply. As you said, you and your team have been thinking that the best solution here would be to increase demand, and instead what the policymakers are doing is reducing supply.So, if you don't think this change in policy, this anti-evolution policy is sufficient to break this deflation cycle – what do you see as the most likely outcome for economic growth in China this year and next?Chetan Ahya: So, this year we expect GDP growth to be around 4.7 percent, which implies that in the back half of the year you'll see growth slowing down to around 4.5 percent because we already grew at 5.2 in the first half. And, going forward we think that, you know, you should be looking more at normal GDP growth set because as we just discussed deflation is a key challenge.So, while we have real GDP growth at 4.7 for 2025, normal GDP growth is going to be 4 percent. And next year, again, we think normal GDP growth will be in that range of 4 percent.Seth Carpenter: That whole spiral of deflation – it's sort of interesting, Japan as an economy has broken that sort of stagnation or disinflation spiral that it was in for 25 years. We've been writing for a long time about the reflation story going on in Japan. Let me ask you, our forecast has been that the reflationary dynamic is there. It's embedded, it's not going away anytime. But, on the other hand, we basically see the Bank of Japan as on hold, not just for the rest of this year, but for all of next year as well.Can you let us know a little bit about what's going on with Japan and why we don't think the Bank of Japan might raise interest rates anytime soon?Chetan Ahya: So, Seth, at the outset, we think BoJ needs still some more time to be sure that we are on that virtuous cycle of rising prices and wages. Yes, both prices and wages have gone up. But it is very clear from the data that a large part of this rise in prices can be attributed to currency depreciation and supply side factors, such as higher energy prices earlier, and food prices now. And similarly, currency depreciation has also played a role in lifting corporate profits, which then has allowed the corporate sector to increase wages.So, if you look at the drivers to rise in prices and wage growth as of now, we think that demand has not really played a big role. To just establish that point, if you look at Japan's GDP, it's just about 1 percent higher than pre-COVID on a real basis. And if you look at Japan's consumption, real consumption trend, it's still 1 percent below pre-COVID levels.So, we think BoJ still needs more time. And just to add one more point on this. BoJ is also conscious about what tariffs will do to Japan's exports, and economy; and therefore, they want to wait for some more time to see the evidence that demand also picks up before they take up a policy rate hike.Seth Carpenter: So, one economy in deflation and policy is probably not enough to prevent it. Another economy that's got reflation, but a very cautious central bank who wants to make sure it continues. Jens, let's pivot now to Europe because at the last policy meeting, President Lagarde of the ECB said pretty, pretty strongly that she thinks the disinflationary process in Europe has come to an end. And that the ECB is basically on hold at this point going forward.Do you agree with her assessment? Do you think she's got it right? You think she's got it wrong? How could she be wrong, if she's wrong? And what's your outlook for the ECB?Jens Eisenschmidt: Yeah, there a ton of questions here. I think I was also struck by the statement as you were. I think there is probably – that's at least my interpretation – a reference here to – Okay, we have come down a long way in terms of inflation in the Euro area. Rather being at 10 percent at some point in the past and now basically at target. And we think; I mean, we just got the data actually, for September in. It's more or less in line with what we had expected up again to 2.3. But that's really it. And then from here it's really down.Very good reasons to believe this will be the case. We have actually inflation below target next year, and the ECB agrees. So that's why I think she can't have made reference to what Liza had because the ECB itself is predicting that inflation from here will fall. So, I think it's really probably rather description of the way traveled. And then there may be some nuances here in the policy prescription forward.So, for now we think inflation will undershoot the target. And we think this undershoot has good chances to extend well into the medium term. So that's the famous 2027 forecast. The ECB in its last installment of the forecast in September doesn't disagree. Or it's actually, in theory at least, in agreement because it has a 1.9 here for 2027. So, it's also below target.But when asked about that at the press conference, the President said, yes, it's actually, very close to 2. So, it really cannot be really distinguished here. So, from that perspective, policy makers probably want to wait it out. In particular for the October meeting, which is not a forecast meeting, we don't expect any change.And then the focus of attention is really on the December meeting with the new forecast. What will 2028 show in their forecast for inflation? And will the 1.9 in [20]27 actually be rather 1.8? In which case I think the discussion on further cuts will heat up. We have a cut for December, and we have another one for March.Seth Carpenter: Of course, very often one of the things that drives inflation is overall economic growth and a key determinant of economic growth tends to be fiscal policy. And there we've got two big economies very much in the headlines right now. Germany, on the one hand, with plans to increase spending both on infrastructure and on defense spending. And then France, who's seen lots of instability, shall we say, with the government as they try to come up with a plan for fiscal consolidation.So, with those two economies in mind, can you walk us through what is the fiscal outlook for Germany, in particular? Is it going to be enough to stimulate overall growth in Europe? And then for France, are they going to be able to get the fiscal consolidation that they're looking for? How do you see those two economies evolving in terms of fiscal policy?Jens Eisenschmidt: Yeah, it's of course neither black or white, as you know. I think here we really look into the German case specifically, as the clear case where fiscal stimulus will happen. It may just not happen as quickly, and it's a very trade open economy. So, it's very much exposed to the current headwinds coming out of China for one. Or also U.S. tariffs. So, from that we conclude our net-net is actually, yes, there is textbook fiscal stimulus. So, basically domestic demand replacing less foreign demand.So that's fine, but just not enough. We see essentially better growth in Germany, but that's more cyclically driven. But it was; it just would not be enough for what you would normally think given the size of the fiscal stimulus, which is enormous. But it will also take some time, this fiscal stimulus to unfold.On the other side in France, as you rightly ask, how much consolidation are we going to get? I think the answer has to be very likely less than what the last – or the previous Prime Minister has had planned. So, all in all, that gets us into a situation of a country that lacks a clear economic policy structure, a clear governance structure; tries to – on a very fragile parliamentary majority – tries to consolidate the budget. Probably gets less consolidation going forward than what would be desirable. And, you know, here is sort of – not really...It's been muddling through a little bit. This is probably a good description of the approach here in France, and we actually have on the lack of a clear economic policy agenda and still some fiscal consolidation. We have actually lackluster growth in France for this year and next.Seth Carpenter: Okay, so what I'm hearing you saying is inflation seems likely to come down and probably undershoot their target causing President Lagarde and the ECB to reconsider how many cuts they're going to do. And then growth probably isn't going to be as stimulated by fiscal policy as I think lots of people in markets are hoping for.Chetan, Jens, thanks for joining us.And to the listeners, thank you for listening. Be sure to turn in tomorrow where I'm going to put Michael Gapen, Morgan Stanley's Chief U.S. Economist on the hot seat, talk about the U.S. and maybe one or two more economies around the world.And if you enjoy this show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or a colleague today.

Ransquawk Rundown, Daily Podcast
European Opening News: White House announce new tariffs and government shutdown looms

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 30, 2025 4:46


APAC stocks traded flat/mixed following a mostly but modestly firmer handover from Wall Street, with focus on the looming US government shutdown and the possibility of delayed NFP. Meanwhile, the White House announcement of further tariff details overnight capped upside in sentiment.The White House announced tariffs, including a 10% levy on timber and lumber from 14th October, alongside 25% duties on cabinets and vanities, with further hikes on cabinets and upholstered furniture set for 1st January unless trade deals are reached.Punchbowl's Sherman said that from listening to Schumer, Jeffries, and Vance, it does not sound like there was a breakthrough in the meeting, adding that a shutdown is around the corner.BoJ Summary of Opinions noted one member suggested it may be time to consider raising the policy interest rate again, while another said the BoJ gains more information on the US outlook by waiting, and one argued the Bank should maintain accommodative conditions at this point.RBA maintained its Cash Rate at 3.60%, as expected, in a unanimous decision, noting that the decline in underlying inflation has slowedLooking ahead, highlights include UK GDP (Q2), French CPI Prelim (Sep), German CPI Prelim (Sep), Italian CPI Prelim (Sep), US Consumer Confidence, JOLTS Job Openings. Speakers include RBA's Bullock, ECB's Lagarde, Cipollone, Elderson, Fed's Logan, Jefferson, Goolsbee, BoE's Lombardelli, Mann, Breeden. Earnings from Nike, Lamb Weston.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
Face au RN, le socle commun décroche et l'interview du patron de CNews en réponse à Delphine Ernotte

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 30, 2025 4:09


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les intentions de vote pour le Rassemblement national dominent largement le socle commun, l'élection de Michel Barnier souligne la réalité de l'union des droites électorales, l'interview du patron de CNews en réponse à Delphine Ernotte, le début du procès de l'ancien patron du groupe Casino, Jean-Charles Naouri et les propos du rugbyman Fred Quercy. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

MorningBull
The ONLY WAY IS UP – BABY ! | Morningbull : le réveil marchés

MorningBull

Play Episode Listen Later Sep 30, 2025 9:28


La revue de presse
Face au RN, le socle commun décroche et l'interview du patron de CNews en réponse à Delphine Ernotte

La revue de presse

Play Episode Listen Later Sep 30, 2025 4:09


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les intentions de vote pour le Rassemblement national dominent largement le socle commun, l'élection de Michel Barnier souligne la réalité de l'union des droites électorales, l'interview du patron de CNews en réponse à Delphine Ernotte, le début du procès de l'ancien patron du groupe Casino, Jean-Charles Naouri et les propos du rugbyman Fred Quercy. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
La Russie est en train de perdre la guerre, la présidente du tribunal dans l'affaire de Nicolas Sarkozy aurait dû se déporter et une émission russe qui ridiculise les chefs d'État

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 29, 2025 4:08


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la Russie aurait déjà perdu la guerre contre l'Ukraine, la présidente du tribunal dans l'affaire de Nicolas Sarkozy aurait du se déporter et une émission russe à partir d'images de synthèse pour ridiculiser les chefs d'État. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

The 10Min Trader con Marco Casario
[Live] Le Banche Centrali Hanno PERSO il CONTROLLO dell'Economia?

The 10Min Trader con Marco Casario

Play Episode Listen Later Sep 29, 2025 35:37


Le banche centrali hanno ancora il controllo dell'economia o le loro armi si stanno rivelando poco più che un placebo? Tagli dei tassi in Svezia, la Federal Reserve che ha avviato il ciclo di allentamento, la BCE che osserva con cautela i dati: tutti si aspettano che queste mosse rilancino crescita e consumi, ma i segnali che arrivano da mercati e immobiliari in USA, Canada ed Europa raccontano una storia diversa. Il meccanismo dei tassi, che per decenni ha guidato mutui, prestiti, investimenti e mercati azionari, sembra funzionare sempre meno in un mondo dominato da debiti record, demografia in calo e politiche fiscali aggressive. In questo video analizzo perché gli strumenti classici delle banche centrali rischiano di essere insufficienti per gestire le sfide attuali, dal rallentamento del lavoro alla pressione dei dazi commerciali, e perché oggi la vera partita si gioca molto più nelle scelte politiche e fiscali dei governi che nelle decisioni di Powell o Lagarde.

La revue de presse
La Russie est en train de perdre la guerre, la présidente du tribunal dans l'affaire de Nicolas Sarkozy aurait dû se déporter et une émission russe qui ridiculise les chefs d'État

La revue de presse

Play Episode Listen Later Sep 29, 2025 4:08


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la Russie aurait déjà perdu la guerre contre l'Ukraine, la présidente du tribunal dans l'affaire de Nicolas Sarkozy aurait du se déporter et une émission russe à partir d'images de synthèse pour ridiculiser les chefs d'État. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ransquawk Rundown, Daily Podcast
European Opening News: Trump announces new tariffs on pharma, heavy trucks and kitchen cabinets

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 26, 2025 6:04


US President Trump announced 100% tariffs on Pharmaceuticals, 50% tariffs on all Kitchen Cabinets, Bathroom Vanities, and associated products, a 30% tariff on Upholstered Furniture, and a 25% tariff will be imposed on all “Heavy Trucks” made in other parts of the world.US President Trump signed an executive order on TikTok, saying he had good talks with Chinese President Xi and that China is fully on board. EU plans to impose tariffs of 25–50% on Chinese steel and related products, according to Reuters, citing Handelsblatt.APAC stocks traded mostly lower after being subdued for a bulk of the session following a similar performance stateside.European equity futures are indicative of a slightly firmer cash open with the Euro Stoxx 50 future +0.4% after cash closed -0.3% on Thursday.Looking ahead, highlights include US PCE (Aug), US University of Michigan Final (Sep), ECB's Cipollone, Lagarde, Fed's Barkin, Bowman, and supply from Italy.Click for the Newsquawk Week Ahead.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
Nicolas Sarkozy ira en prison, une décision stupéfiante et l'interview de Catherine Nay qui dénonce «une hystérie judiciaire»

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 26, 2025 4:21


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la condamnation de Nicolas Sarkozy à cinq ans de prison avec exécution provisoire pour association de malfaiteurs, une décision qui interroge autant qu'elle stupéfie la presse. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La revue de presse
Nicolas Sarkozy ira en prison, une décision stupéfiante et l'interview de Catherine Nay qui dénonce «une hystérie judiciaire»

La revue de presse

Play Episode Listen Later Sep 26, 2025 4:21


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la condamnation de Nicolas Sarkozy à cinq ans de prison avec exécution provisoire pour association de malfaiteurs, une décision qui interroge autant qu'elle stupéfie la presse. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
L'explosion de l'endettement de la ville de Paris, le retour de l'ISF et les voitures de plus en plus truffées d'électronique

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 25, 2025 3:57


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le rapport de la Cour des Comptes qui étrille les finances de la ville de Paris avec un endettement record, le retour de l'ISF, les confidences de Nicolas Sarkozy et l'électronique embarqué dans les véhicules. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La revue de presse
L'explosion de l'endettement de la ville de Paris, le retour de l'ISF et les voitures de plus en plus truffées d'électronique

La revue de presse

Play Episode Listen Later Sep 25, 2025 3:57


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le rapport de la Cour des Comptes qui étrille les finances de la ville de Paris avec un endettement record, le retour de l'ISF, les confidences de Nicolas Sarkozy et l'électronique embarqué dans les véhicules. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
Le rapport alarmant de la Cour des Comptes sur France Télévisions, le retour possible de l'ISF et l'incroyable histoire d'un bus volé par un SDF

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 24, 2025 4:07


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la Cour des comptes qui livre un rapport choc sur les finances de France Télévisions, le retour possible de l'ISF et la colère de Paul Watson contre les militants hostiles de la Fête de l'Huma. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La revue de presse
Le rapport alarmant de la Cour des Comptes sur France Télévisions, le retour possible de l'ISF et l'incroyable histoire d'un bus volé par un SDF

La revue de presse

Play Episode Listen Later Sep 24, 2025 4:07


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la Cour des comptes qui livre un rapport choc sur les finances de France Télévisions, le retour possible de l'ISF et la colère de Paul Watson contre les militants hostiles de la Fête de l'Huma. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

La revue de presse
L'industrie française victime de la pression fiscale, le discours d'Emmanuel Macron à la tribune de l'ONU et le contenu du sac à mains des femmes analysé en entretien d'embauche

La revue de presse

Play Episode Listen Later Sep 23, 2025 4:24


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les prélèvements fiscaux assomment les entreprises, le discours d'Emmamnuel Macron à la tribune de l'ONU, la belle acquisition de Canal+, les Allemands qui ne boivent plus de bière et le contenu du sac à mains des femmes. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Les Nuits de France Culture
Architecture et Patrimoine : conserver, protéger, restaurer, réhabiliter 6/12 : Le patrimoine, une obsession française ? Pierre de Lagarde au secours des chefs-d'œuvre en péril

Les Nuits de France Culture

Play Episode Listen Later Sep 21, 2025 57:19


durée : 00:57:19 - Les Nuits de France Culture - par : Philippe Garbit, Albane Penaranda, Mathilde Wagman - Pierre de Lagarde, lanceur d'alerte du patrimoine ? En 2004, un documentaire de "La Fabrique de l'histoire" raconte l'aventure radiophonique et télévisuelle de "Chefs-d'œuvre en péril" et comment cette émission a participé à la sensibilisation aux questions de la préservation du patrimoine français. - réalisation : Virginie Mourthé - invités : Pierre de Lagarde; Jean-Pierre Bady Conseiller maître à la Cour des comptes, il est membre de la CIVS(Commission d'indemnisation des victimes de spoliations).; André Malraux Écrivain et homme politique français

Ransquawk Rundown, Daily Podcast
European Market Open: BoJ surprised markets with ETF and J-REIT sales; Europe points to a flat open

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 19, 2025 6:14


BoJ kept rates unchanged at 0.50%, as expected, but surprised markets with the announcement to begin selling ETF and J-REIT holdings.US President Trump said he will be harsh if he has to ask Russian President Putin for a ceasefire, but it doesn't feel like the time to do so.US President Trump reportedly seeks to speed up large power projects to meet AI demand.APAC stocks traded mixed as the region only partially sustained the momentum from Wall St, where the S&P 500, DJIA and NDX climbed to fresh record highs.European equity futures indicate an uneventful cash market open with Euro Stoxx 50 futures flat after the cash market closed with gains of 1.6% on Thursday.Looking ahead, highlights include UK Retail Sales (Aug), German Producer Prices (Aug), Canadian Retail Sales (Jul), Quad Witching, Trump-Xi phone call, Speakers include BoJ Governor Ueda, Speakers including ECB's Lagarde, Fed's Daly, Miran, & Former Fed President Bullard.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
Cette guerre dont on ne parle pas

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 19, 2025 3:25


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la journée de manifestation de ce jeudi 18 septembre n'a pas attiré autant de monde que prévu, les confidences de la compagne de Nordahl Lelandais et les chimpanzés consommateurs d'alcool Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ransquawk Rundown, Daily Podcast
European Market Open: FOMC statement and SEPs were dovish, Chair Powell's presser was hawkish; European stocks point higher

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 18, 2025 6:13


Fed cut rates by 25bps to 4.00-4.25%, as expected, citing a shift in risk balance. Bowman and Waller joined consensus, calling for a 25bps reduction; new Governor Miran dissented, preferring a 50bps cut.Nine of the 19 Fed officials see two additional cuts in 2025, two see one cut, and six see no more reductions.Fed Chair Powell said he doesn't feel the need to move quickly on rates, and that “you could think of the cut as a risk management cut”, and that decisions will be taken on a meeting-by-meeting approach.Markets saw an initial dovish reaction to the FOMC statement followed by a hawkish reversal heading into and during Chair Powell's press conference. Fed rate cut in December still fully priced in.APAC stocks traded mixed following the choppy reaction to the FOMC meeting; European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.5%.Looking ahead, highlights include US Jobless Claims, New Zealand Trade Balance (Aug), BoE Announcement, Norges Bank Announcement, SARB Announcement, Speakers include ECB's Lagarde, de Guindos, Nagel & Schnabel, US President Trump & UK PM Starmer press conference, Supply from Spain, France & US, Earnings from FedEx & Lennar.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
L'affaire Legrand/Cohen n'en finit pas, les médias du service public font la promotion de la taxe Zucman et l'enquête sur les liens entre Jean-Luc Mélenchon et la Chine

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 18, 2025 3:56


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, les médias du service public font la promotion de la taxe Zucman et l'enquête sur les liens entre Jean-Luc Mélenchon et la Chine. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ransquawk Rundown, Daily Podcast
Europe Market Open: Mixed APAC trade into the FOMC and Trump, DXY flat & fixed steady

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 17, 2025 3:13


APAC stocks traded mixed with global risk sentiment cautious ahead of the crucial FOMC policy decision.White House said it was further extending the TikTok enforcement delay, with the deadline to sell TikTok extended until December 16th.European equity futures indicate a positive cash market open with Euro Stoxx 50 future up 0.3% after the cash market closed with losses of 1.3% on Tuesday.DXY is flat after yesterday's selling pressure. EUR/USD retains a firm footing on a 1.18 handle, GBP awaits UK inflation metrics.USTs and Bunds are steady. Crude futures slightly eased back from this week's peak.Looking ahead, highlights include ECB Wage Tracker, UK Inflation (Aug), EZ HICP Final (Aug), New Zealand GDP (Q2), US Atlanta Fed GDP, FOMC Announcement, BoC Announcement, BCB Announcement, Bank of Indonesia Announcement, ECB's Lagarde, Nagel, Cipollone, Fed Chair Powell, BoC's Macklem & US President Trump, Supply from Germany & UK, Earnings from General Mills.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
L'hommage à Robert Redford, l'antisémitisme décomplexé et une tribune contre la proposition d'Olivier Faure de hisser le drapeau palestinien

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 17, 2025 4:08


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la disparition de Robert Redford, l'explosion de l'antisémitisme décomplexé et une tribune contre la proposition d'Olivier Faure de hisser le drapeau palestinien dans les mairies le 22 septembre. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
La démocratie recule dans le monde, la situation des femmes en Iran et la taxe Zucman, un suicide économique

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 16, 2025 4:35


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le déclin généralisé de la démocratie dans le monde, la situation des femmes en Iran, les patrons dénoncent les dangers de la taxe Zucman et un sondage sur l'alcool avant le sexe. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ransquawk Rundown, Daily Podcast
Europe Market Open: Europe points to a mildly firmer open in a week packed with central bank risk

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 15, 2025 3:44


APAC stocks traded mixed, with the region somewhat cautious as participants digested disappointing Chinese activity data.The lack of progress in US talks with China on tariffs and fentanyl is said to have reduced the chances of a Beijing summit, according to the FT.Fitch cut France's sovereign rating from AA- to A+; Outlook Revised to Stable from Negative; OATs -11 ticks.European equity futures indicate a slightly positive cash market open with Euro Stoxx 50 futures up 0.3% after the cash market closed with gains of 0.1% on Friday.In FX, DXY is steady and FX markets are contained heading into a week, which is set to be dominated by central bank activity.US President Trump said he is ready to impose major sanctions on Russia when all NATO nations have agreed and started to do the same thing, and when all NATO nations stop buying oil from Russia.Looking ahead, highlights include German Wholesale Price Index (Aug), NY Fed Manufacturing (Sep), Speakers including ECB's Schnabel, Rehn & Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Ransquawk Rundown, Daily Podcast
US Market Open: NVDA slips -2.3% as China said NVIDIA violated antitrust laws, crude gains after Trump is ready to impose sanctions on Russia

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 15, 2025 3:52


US and China day two talks are underway; overnight, FT reported that there has been a lack of progress, potentially reducing the odds of a Beijing summit. Recently, US Treasury Secretary Bessent said the US and China made good progress on technical details.Crude benchmarks are higher amid a softer USD and after President Trump said he is ready to impose sanctions on Russia, once NATO stops buying Russian oil. Most recently, Russia's Kremlin says NATO is fighting Russia.NVIDIA hit in the pre-market, weighing on the NQ and broader sentiment, as China said NVIDIA violated antitrust laws; European bourses off best, but still firmer, Euro Stoxx 50 +0.6%.Fitch downgraded France to A+ (prev. AA-), sparking modest OAT-Bund widening though levels remain orderly. EUR is unreactive, GBP leads with the DXY softer.Gold had an initial upward bias with the focus on geopols, though off best. Base metals capped by soft Chinese data.Looking ahead, NY Fed Manufacturing (Sep), Speakers including ECB's Schnabel, Rehn & Lagarde.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Carsten's Corner
Die Europäische Zentralbank will ihren „good place“ nicht verlassen - Folge 321

Carsten's Corner

Play Episode Listen Later Sep 12, 2025 26:09


Die Europäische Zentralbank will ihren „good place“ nicht verlassenNach der Ratssitzung im Juni hatte EZB-Präsidentin Christine Lagarde verkündet, dass sich die EZB mit dem aktuellen Dreiklang von Leitzinsen, Wachstum und Inflation „in a good place“ befinde. Und auch, wenn Lagarde die Handlungsbereitschaft der EZB betont, diesen „good place“ nötigenfalls auch mit Zinsschritten zu verteidigen, bleiben die Leitzinsen nach der aktuellen Ratssitzung unverändert. Das war allgemein so erwartet worden, auch wenn Carsten Brzeski im Gespräch mit Sebastian Franke immer noch der Meinung ist, dass es auch Gründe für eine weitere Zinssenkung gegeben hätte. Und auch für die Zukunft will er nicht ausschließen, dass die EZB doch noch zum Handeln gezwungen sein könnte, wenn sich die Dynamik bei Wachstum und Inflation schwächer zeigen sollte als gedacht.

Novus Capital
NovusCast - 12 de Setembro 2025

Novus Capital

Play Episode Listen Later Sep 12, 2025 17:44


Nossos sócios Luiz Eduardo Portella, Tomás Goulart, Sarah Campos e Victor Ary debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo. No cenário internacional, o foco foi a inflação nos EUA: o CPI de agosto veio próximo ao esperado, mas mostrando repasse menor na parte de bens. Considerando-se ainda o PPI, as projeções de PCE foram revisadas para baixo ao longo da semana. O Payroll passou por forte revisão negativa preliminar. Na Europa, o ECB manteve os juros inalterados, com revisão baixista das projeções de inflação subjacente, mas tom hawkish pela Lagarde. Já na geopolítica, a tensão se elevou com novos ataques e invasões aéreas envolvendo Rússia, Ucrânia e Polônia. No Brasil, os dados de comércio vieram um pouco abaixo do esperado, enquanto os dados de serviço vieram em linha. Já o IPCA de agosto, apesar de negativo, veio acima do esperado, com composição um pouco pior. No campo político, o ex-presidente Jair Bolsonaro foi condenado à prisão, o que reacendeu debates sobre a anistia articulada por Tarcísio de Freitas. Além dessa, outras agendas seguem sob atenção no Congresso, como a isenção de IR e tributação dos isentos. Por fim, novas pesquisas divulgadas mostraram melhora de popularidade do atual governo. No mercado de crédito, o ambiente continuou construtivo: os principais índices apresentaram leve abertura, mas o segmento incentivado seguiu com fechamento marginal, refletindo demanda forte. No mercado primário, as empresas aproveitaram o apetite para alongar prazos das emissões. O volume semanal foi robusto, com R$7,5 bi em novas ofertas, sendo 65% em debêntures tradicionais e 35% incentivadas. Nos EUA, os juros curtos tiveram leve abertura, enquanto os juros longos tiveram leve fechamento, e as bolsas desempenharam positivamente (S&P 500 +1,59%). No Brasil, a direção dos movimentos de juros foi similar a dos EUA; o Ibovespa caiu 0,26% e o real subiu 1,09%. Na próxima semana será importante acompanhar as decisões dos bancos centrais americano, brasileiro, inglês e canadense, além da divulgação das vendas no varejo nos EUA. Não deixe de conferir!

The ECB Podcast
President Lagarde presents the latest monetary policy decisions – 11 September 2025

The ECB Podcast

Play Episode Listen Later Sep 11, 2025 14:21


Today our Governing Council decided on monetary policy. Listen to President Christine Lagarde present today's decisions. The statement also covers: • how the economy is performing • how we expect prices to develop • the risks to the economic outlook • the dynamics behind financial and monetary conditions Published and recorded during our press conference on 11 September 2025. Our monetary policy statement at a glance, 11 September 2025 https://www.ecb.europa.eu/press/press_conference/visual-mps/2025/html/mopo_statement_explained_september.en.html Christine Lagarde, Luis de Guindos: Monetary policy statement, 11 September 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250911~a13675b834.en.html Monetary policy decisions, 11 September 2025 https://www.ecb.europa.eu/press/pr/date/2025/html/ecb.mp250911~6afb7a9490.en.html Combined monetary policy decisions and statement, 11 September 2025 https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/shared/pdf/ecb.ds250911~df624f06ba.en.pdf Macroeconomic projections, 11 September 2025 https://www.ecb.europa.eu/press/projections/html/ecb.projections202509_ecbstaff~c0da697d54.en.html European Central Bank https://www.ecb.europa.eu/home/html/index.en.html

Focus economia
La Bce mantiene i tassi fermi, sui depositi resta il 2%

Focus economia

Play Episode Listen Later Sep 11, 2025


La Bce ha lasciato invariati i tassi di interesse, con il tasso sui depositi al 2%, e ha aggiornato le proiezioni sull’inflazione che resta attorno all’obiettivo di medio termine. Lagarde ha sottolineato la dipendenza delle prossime decisioni dai dati, chiarendo che il livello dell’euro non è un target di politica monetaria. Le stime di crescita per il 2025 sono state limate all’1%, mentre il contesto appare più favorevole dopo l’accordo sui dazi con gli Usa e la mancata ritorsione europea, con l’economia sostenuta da investimenti e occupazione nonostante i venti contrari esterni. Il commento è affidato a Donato Masciandaro docente politiche monetarie università Bocconi, editorialista Sole 24 Ore.Leo, per manovra interessati a tutte le proposte, vedremo risorse Il viceministro Maurizio Leo ha ribadito l’apertura a tutte le proposte delle forze di maggioranza sulla manovra, precisando che occorrerà attendere i dati Istat e fare i conti sulle risorse disponibili. Ha indicato come priorità la detassazione dei premi di risultato e un approccio prudente alla rottamazione, dove potrebbero arrivare filtri per limitare l’accesso a contribuenti recidivi. Il Sole 24 Ore sottolinea infatti i rischi di un nuovo ammanco per le casse pubbliche, dopo i 48 miliardi mancati dalle precedenti quattro edizioni, con un magazzino della riscossione ancora oltre i 1.280 miliardi. Ne parliamo con Jean Marie Del Bo, vicedirettore dal Sole 24 Ore.Ex Ilva, restano Jindal e Bedrock, si ritira Baku steelPer l’ex Ilva restano in corsa solo Jindal e Bedrock, dopo il passo indietro del consorzio azero guidato da Baku Steel. I commissari straordinari attendono le offerte vincolanti entro il 15 settembre, in uno scenario che vede possibili alleanze internazionali e il coinvolgimento di grandi società italiane non siderurgiche. Sul tavolo resta anche l’ipotesi “spezzatino”, temuta dai sindacati, mentre le aspettative economiche si sono ridimensionate: dal miliardo ipotizzato un anno fa si è passati a valori simbolici o vicini allo zero, con il vincolo però di rilevare l’intero magazzino, stimato tra i 400 e i 500 milioni. Interviene Carmine Fotina, Il Sole 24 Ore.

Capital
Capital Intereconomía 7:00 a 8:00 11/09/2025

Capital

Play Episode Listen Later Sep 11, 2025 58:59


En la primera hora de Capital Intereconomía repasamos las claves del día y la evolución de los mercados en Asia, Wall Street y Europa. En el primer análisis de la mañana, con Gustavo Martínez, gestor patrimonial y experto en bolsa, hablamos sobre las perspectivas del BCE y el mensaje de Lagarde, la revisión de la deuda francesa por parte de Fitch, el posible sorpasso de la prima de riesgo italiana, las bolsas en máximos, el oro camino de su mejor ejercicio en 45 años y la defensa europea marcando récords históricos. En el repaso de prensa, analizamos la actualidad económica, nacional e internacional. Además, entrevistamos a Amadeo Navarro Medina, cofundador de Homely Capital Group, sobre el Plan RESIDE aprobado en Madrid, que limitará el uso de Airbnb en edificios residenciales, y sus efectos en el mercado inmobiliario, la inversión y la rentabilidad de operaciones en la capital.

Mercado Abierto
Las claves del día en elmercado de deuda, con Félix López, de atl Capital

Mercado Abierto

Play Episode Listen Later Sep 11, 2025 6:12


Reacción de los bonos tras los comentarios de Lagarde y emisiones de Colombia en euros o de bonos islámicos de Aramco a análisis de la mano del socio-director de atlCapital Féliz López

L'info en intégrale - Europe 1
La nomination de Sébastien Lecornu à Matignon, la dernière cartouche d'Emmanuel Macron et la France qui bloque et qui débloque

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 10, 2025 3:37


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, le portrait de Sébastien Lecornu, la composition du nouveau gouvernement attendra et une nouvelle journée de blocage. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
Blocage du 10 septembre, une menace prise au sérieux, comme prévu la colère monte dans le pays et Olivier Faure flingué par Jean-Luc Mélenchon

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 9, 2025 4:07


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la colère qui monte dans le pays, Jean-Luc Mélenchon qui s'emporte contre Olivier Faure et les forces de l'ordre prennent les menaces de blocage au sérieux. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
La chute annoncée de Bayrou, Emmanuel Macron face au risque d'impasse et le téléphone portable néfaste à l'économie française

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 8, 2025 3:56


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la chute annoncée de François Bayrou avec le vote de confiance, Emmanuel Macron qui risque de se retrouver dans l'impasse, les restaurateurs qui appellent à boycotter les cartes bancaires et le téléphone portable néfaste à l'économie française. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ransquawk Rundown, Daily Podcast
Europe Market Open: Futures point to a firmer open despite a lower APAC handover

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 3, 2025 5:10


APAC stocks were predominantly lower following the weak handover from Wall St; sentiment dampened by global debt concerns.European equity futures indicate a higher cash market open with Euro Stoxx 50 future up 0.3% after the cash market closed with losses of 1.4% on Tuesday.DXY is holding onto yesterday's gains, JPY and GBP remain softer vs. the USD after a bruising session on Tuesday.USTs lack direction following yesterday's bear-steepening. Bunds are a touch softer, JGB tracked recent losses in global peers.Crude futures lacked conviction after whipsawing yesterday, spot gold is steady after printing another fresh ATH.UK Chancellor Reeves has pencilled in November 26th for the date of the Budget, according to Huffington Post.Looking ahead, highlights include EU Producer Prices, EZ, UK, US Services PMI (Final), US Durable Goods R (Jul), JOLTS Job Openings (Jul), NBP Announcement, Fed Beige Book, BoE's Mann, Breeden, Bailey, Lombardelli, Greene & Taylor, ECB's Lagarde, RBA Governor Bullock, Fed's Musalem & Kashkari, Supply from Germany.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
La guerre des générations, ce que va coûter la chute de Bayrou et la reconversion de Marlène Schiappa

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 2, 2025 4:37


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, la guerre des générations après les propos de François Bayrou sur les boomers, le coût de la chute de Bayrou et la reconversion de Marlène Schiappa. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Kees de Kort | BNR
Ondanks illegaliteit blijven Amerikaanse importheffingen zorgen voor onrust

Kees de Kort | BNR

Play Episode Listen Later Sep 2, 2025 7:13


De door de Amerikaanse president Donald Trump ingevoerde importheffingen zijn afgelopen weekend door een federale rechtbank onwettig verklaard. Voorlopig blijven ze nog wel geldig, zodat de Amerikaanse regering in beroep kan gaan. ‘Maar hoe dan ook zorgt dit voor meer onzekerheid, en daar houdt de markt niet van’, zegt macro-econoom Edin Mujagic. Wat gebeurde er dit weekend precies? Een rechtbank oordeelde dat de wet waarop Trump de invoerheffingen baseerde, een wet uit 1977, verkeerd is gebruikt. Met andere woorden: een groot deel van de heffingen is in strijd met de wet. De rechters bepaalden echter dat ze voorlopig mogen blijven bestaan, zodat de regering beroep kan aantekenen. Daarmee is de kans groot dat de zaak uiteindelijk bij het Hooggerechtshof belandt, dat een definitief oordeel moet vellen. Maar intussen leidt dit natuurlijk tot onzekerheid. Stel dat er toch routes zijn om die importheffingen overeind te houden. Hoe kan dat? Als het Hooggerechtshof de heffingen goedkeurt, zijn ze definitief legaal. Gaan de hoogste rechters mee met het eerdere oordeel dat ze onwettig zijn, dan zouden ze in principe van tafel moeten. Maar dat betekent niet dat ze niet opnieuw via een omweg kunnen worden ingevoerd. De rechtbank stelde namelijk dat de president zijn bevoegdheid had overschreden, omdat die eigenlijk bij het parlement ligt. Als het Congres – de Eerste en Tweede Kamer in de VS – er alsnog mee instemt, kunnen de heffingen dus gewoon terugkomen, via een omweg. Wat verwacht jij; is het juridisch haalbaar of niet? Hoe dan ook zorgt dit voor meer onzekerheid, en dat is slecht nieuws voor de markt en de economie. Maar in Washington blijft men overtuigd dat het beleid werkt en geen nadelen heeft. Het geld stroomt binnen bij de regering, de Amerikaanse economie groeit door, de inflatie loopt niet verder op en zelfs de aanvallen op de Fed hebben er niet toe geleid dat de rente veel hoger werd. Dus in Washington redeneert men: het werkt, er zijn geen nare gevolgen. Maar ik wil daar graag een kanttekening bij plaatsen: dit kan een eerste effect zijn. Het uiteindelijke effect weten we niet. Maar waar een wil is, is een weg. Washington zal linksom of rechtsom proberen die heffingen overeind te houden. Nu we het toch over die aanvallen op de Fed hebben; Christine Lagarde had daar ook iets over te zeggen? Ze waarschuwt voor de gevolgen van het ondermijnen van de onafhankelijkheid van de Fed in de VS. En daar heeft ze gelijk in; dat hebben veel economen gezegd, ook ik. Maar eerlijk: als het niet om te huilen was, was het wel om te lachen. Want juist zij is misschien wel de laatste die daar recht van spreken over heeft. Lagarde is een politica pur sang die nu de centrale bank leidt. Sinds haar aantreden gaat het vooral over klimaat, duurzaamheid en allerlei onderwerpen waar de centrale bank zich niet mee zou moeten bezighouden. Onder haar leiding is het opkopen van staatsobligaties verankerd in het beleid. Ze presenteert zich als centrale bankier, maar deelt op sociale media foto's met de voorzitter van de Europese Commissie, hand in hand, elkaar met de voornaam aansprekend. En dat nog wel in het ECB-hoofdkwartier, aan de vooravond van een rentevergadering, om met Brussel te overleggen over het rentebeleid. Deze week zei Lagarde dat ze 'met veel aandacht' naar de Franse rentes en spreads kijkt. Dat kan worden opgevat als een verhulde waarschuwing dat de bank zal ingrijpen als Franse rentes te hoog oplopen. Ze belichaamt dus zélf de aantasting van onafhankelijkheid, en is daarmee de laatste die mag waarschuwen. See omnystudio.com/listener for privacy information.

X22 Report
[DS] Sets The Stage For A [FF],Did Big Pharma Lie About The Covid Vaccine Results To Trump? – Ep. 3721

X22 Report

Play Episode Listen Later Sep 1, 2025 81:45


Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThere is virtually no inflation, the Fed predictions have not come true, energy prices are down, so why isn't the Fed lowering the rates by 2 to 3 points? ECB panics over Trump going after the Fed, their world is about to be destroyed. If Trump did not create the parallel system the country would be in a depression right now. The [DS] wants a war, it is part of the 16 year plan and they are trying to move forward with it. The EU has blamed Russia for the illegal problem, cyber attacks and now Ursla says Russia jammed her plane and she had to land. Scare Event will be necessary to have peace. Trump has now called out Big Pharma. Big Pharma gave Trump the covid vaccine results but has not shown the same results to the public, Trump wants them to be transparent. Did Big Pharma lie to Trump during covid to push their vaccines?   Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  President Trump Calls on Judge Jia Cobb to Recuse Herself From Lawsuit by Fired Federal Reserve Board Member Lisa Cook After Sorority They Are Both Members of Releases Statement in Support of Cook  President Donald Trump posted a statement Sunday night calling on U.S. District Judge Jia Cobb to recuse herself from presiding over the lawsuit by Federal Reserve Board of Governors member Lisa Cook challenging Trump's firing of her from the Fed last Monday over allegations of mortgage fraud. https://twitter.com/RapidResponse47/status/1962326210312016149?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1962326210312016149%7Ctwgr%5Ebf1a09094e9d30de8c0fd36bfbd472dd31c215bb%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F09%2Fpresident-trump-calls-judge-jia-cobb-recuse-herself%2F Source: thegatewaypundit.com Trump's Pressure on the Fed Poses a ‘Very Serious Danger,' ECB President Warns President Donald Trump's push to take control of the Federal Reserve could pose a serious threat to the U.S. and global economy, European Central Bank President Christine Lagarde has warned. It would be “very difficult” for Trump to take control of the Fed because he can only remove Fed governors if the Supreme Court finds them guilty of serious misconduct, Lagarde told France's Radio Classique on Monday. “If he succeeds, that would be a very serious danger for the American and global economy,” Lagarde said. Source: barrons.com Bessent: Trump May Declare National Housing Emergency This Fall Treasury Secretary Scott Bessent told the Washington Examiner on Monday that President Donald Trump might declare a national housing emergency this fall to address rising prices and dwindling supply. It would be the first national housing emergency since the Great Recession, Datoc reported, when the housing bubble burst as President Barack Obama was preparing to take over the White House from former President George W. Bush. Trump blasted Federal Reserve Chair Jerome Powell earlier this month for "hurting" the housing industry "very badly" as he campaigned for a reduction in interest rates. Trump has repeatedly urged Powell to cut interest rates while also sharply criticizing Powell.

Ransquawk Rundown, Daily Podcast
Europe Market Open: US appeals court deem Trump tariffs as illegal, European bourses look to open higher

Ransquawk Rundown, Daily Podcast

Play Episode Listen Later Sep 1, 2025 5:36


US Appeals Court upheld a ruling that most Trump tariffs were illegal but kept them in place as the case proceeds.US was reported on Friday to revoke authorisations for Intel (INTC), SK Hynix (000660 KS) and Samsung (005930 KS) to receive American chipmaking equipment in China unless they obtain licenses, according to the Federal Register.US judge did not rule on the dismissal of Fed Governor Cook on Friday and asked both parties to submit subsequent court documents on Tuesday.APAC stocks traded mixed with sentiment mostly subdued; European equity futures indicate a mildly positive open with Euro Stoxx 50 futures up 0.2% after the cash market closed with losses of 0.8% on Friday.Looking ahead, highlights include EZ & UK Manufacturing PMI (Final), EU Unemployment Rate (Jul), New Zealand Terms of Trade (Q2), and Speakers include ECB's Schnabel, Cipollone & Lagarde.Holiday: US Labour Day, Canadian Labour Day: The desk will run until 18:00BST/13:00EDT on Monday 1st September, upon which the desk will close and then re-open at 22:00BST/17:00EDT the same day due to US market closures.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

L'info en intégrale - Europe 1
François Bayrou ne veut pas dire au-revoir, le contre-projet de budget du PS et la rentrée des classes, le plus beau jour de l'année

L'info en intégrale - Europe 1

Play Episode Listen Later Sep 1, 2025 3:37


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, l'interview de François Hollande à quelques jours du vote de confiance, le retour du Parti socialiste et la rentrée scolaire. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

L'info en intégrale - Europe 1
Pourquoi les Français estiment qu'ils n'ont pas d'effort à faire, l'idée d'une dissolution fait son chemin et l'interdiction du téléphone portable au collège

L'info en intégrale - Europe 1

Play Episode Listen Later Aug 29, 2025 4:45


Tous les jours dans la matinale d'Europe 1, Olivier de Lagarde scrute et analyse la presse du jour. Aujourd'hui, l'idée d'une dissolution et d'une nouvelle élection fait son chemin. Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

X22 Report
Trump Is Preparing Countermeasures, Playbook Known, The Military Is The Only Way – Ep. 3716

X22 Report

Play Episode Listen Later Aug 25, 2025 93:01


Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture ECB President is pushing the WEF climate agenda, she wants the banks in charge and to dictate how to tax the people. Germany's economy is in a recession. Trump is bringing the manufactures to the US. The Fed is trapped, if they lower a little Trump will blame them, Trump and Bessent made it clear it must be a big cut. The [DS] is currently using the Judiciary as a delay tactic. They will try to delay Trump's Executive actions, but this will fail and they know it. The [DS] will then move into the next phase and this is what Trump is countering now. He is dismantling their riots right in front of their eyes. The National Guard and Military will clean it the cities before the D's can push their agenda. The playbook is known and Trump is forcing the [DS] to exactly where he wants them.   Economy https://twitter.com/disclosetv/status/1959976919585173984 The ECB's Mandate: The ECB supervises major banks in the Eurozone through the Single Supervisory Mechanism (SSM). Lagarde argues that climate-related risks fall within this supervisory duty because they can directly impact banks' balance sheets and operations. She disagrees with views (likely from the interviewer in this case) that central banks should not involve themselves in climate issues, insisting it's not about environmental activism but about basic risk management.   Christine Lagarde's emphasis on the ECB's duty to assess climate change risks for banks aligns with and is influenced by the World Economic Forum's (WEF) broader climate agenda, though it's not exclusively driven by it. The WEF has long promoted the integration of climate risks into financial systems as part of its push for sustainable finance, global economic resilience, and the transition to a low-carbon economy.   This fits into the WEF's "Great Reset" and sustainable development goals, which call for rethinking capitalism to address climate threats. Central banks like the ECB are seen as key players in this, through "greening" finance (e.g., tilting investments toward low-carbon assets). German Economy Shows No Signs Of Emerging From Recession  Germany's Mittelstand Collapses as “Investment Booster” Flops The German economy shows no signs of emerging from recession. The monthly Mittelstand index, compiled by the consulting firm DATEV, confirms that the downturn continues unabated. The crisis has spread across virtually all sectors of the economy. The recovery announced by the German government remains a summer fantasy. Data collected in July through DATEV's monthly survey of small and medium-sized enterprises (SMEs) describes the economic situation as extremely fragile—with no upturn in sight. SMEs saw revenues fall by 1.7 percent year-on-year in July. The corresponding business cycle index dropped, seasonally and calendar adjusted, to 91.9 points—firmly anchored in recession territory.   Source: zerohedge.com https://twitter.com/DD_Geopolitics/status/1959877151680770323  ” Germany's universal welfare system is one of the most comprehensive in Europe, covering healthcare, unemployment benefits, pensions, housing aid, family subsidies, and more. But the strain of demographic aging, high immigration, and mounting debt obligations has led to growing political pressure to reform or scale back entitlements. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.

FactSet U.S. Daily Market Preview
Financial Market Preview - Thursday 21-Aug

FactSet U.S. Daily Market Preview

Play Episode Listen Later Aug 21, 2025 4:19


US equity futures are slightly softer. Asia ended mostly higher, and European markets are softer. Big tech pullback remains in focus amid concerns about AI valuations, competition, and stretched technicals, though many still view the downturn as temporary given the buy-the-dip pattern and strong earnings support; Central bank attention is on Fed Chair Powell's upcoming Jackson Hole speech, with markets debating whether he will strike a more dovish tone after July's mixed labor data; BoE rate cut expectations fluctuated this week on hotter UK inflation. ECB's Lagarde said a US-EU trade deal remains in line with baseline forecasts, reinforcing expectations of unchanged policy in September; Bond yield backup a theme across Japan and China, with superlong yields hitting multi-decade highs amid weak auction demand and renewed fiscal concerns.Companies Mentioned: Meta, Nvidia, Weatherford International