Bad news for those looking for a quiet week before Christmas. US shares were pummelled on Friday as fears of a global slowdown widen. As NAB’s Ray Attrill explains to Phil Dobbie, this uncertainty wasn’t helped by weak data from Europe and China. So, what about the narrowing spreads in the Treasury yield curve? And will Trump’s threatened government shutdown make matters worse? The risk-off mood hit the Aussie and Kiwi dollars, is there anything that can help a recovery early this week. Could MYEFO help?