UBS On-Air: Paul Donovan Daily Audio 'The curse of soundbite economics'

The calendar is crowded with a pontification of central banks. Central bank speak these days tends to confirm investors’ pre-existing prejudices. The world is becoming increasingly complex and data is increasingly unreliable. Certainty, even economists’ certainty, has necessarily declined. However Twitter wants everything expressed as an absolute in a soundbite. This allows investors to select the quotes that fit their view of the world.