Neil Shearing

[gentle music] It's Thursday, 1st of October, and this is your Capital Economics Weekly Briefing.

My name's Neil Shearing, group chief economist, and I'm delighted to be joined by Jenny McKeown, our chief global economist, and Mark Williams, our chief Asia economist, to pick through what's been another busy week in macro and markets.

Hi, Jenny.

Hi, Mark.

It's Thursday, 17th of September, and this is your Capital Economics Weekly Briefing.

My name's Neil Shearing, and we start this week with big news.

David Wilder, who has been leading this podcast, hosting this podcast for the past five years or so, has moved on.

We're really sorry to see David go, and his success is going to be in place in the next couple of weeks.

It's Thursday, 17th of September, and this is your Capital Economics Weekly Briefing.

My name's Neil Shearing, and we start this week with big news.

David Wilder, who has been leading this podcast, hosting this podcast for the past five years or so, has moved on.

We're really sorry to see David go, and his success is going to be in place in the next couple of weeks.

Capital Economics has just started publishing a comprehensive series of work looking at China Shock 2.0 from basically all angles to find out what this all means.

And to touch on just some of the critical issues raised in this new series, I've got Group Chief Economist Neil Shearing with me.

Hi there, Neil.

Hi, David.

The US and China, as we've discussed, are strategic rivals.

And what's more, there is no evidence, as far as we can see, and we detail in these reports, that either China sees these imbalances as a problem in the same way that Japan and Germany did in the mid-1980s, or, on the other side, that the US... sees the need for any fiscal retrenchment far from it at this stage so it feels to us like the idea of kind of coordinated adjustment as a second plaza accord is a bit of a long shot at the moment and that is why this piece of work this body of work is so important because the current path that we're on unless there's some change the current path we're on would suggest that at least when you look at history at some point these imbalances will get resolved through a form of crisis

That was Neil Shearing on our China Shock 2.0 series, which began publishing this week.

The plan is to publish a full suite of reports over the coming couple of weeks, which tackle all angles of this global issue, from the sustainability of China's policy setting, to the sustainability of US government deficits, to the global response to China's trade surplus, to those winners and losers that Neil discussed.

I'm David Wilder.

Coming up, what's going on in energy markets and what about that US-Venezuela oil deal? But first, Group Chief Economist Neil Shearing is with me to wade through another week in macro and markets.

And fresh from burning his hand on that August payrolls release, it's Chief North America Economist Stephen Brown.

Hi, guys.