Get ready for a busy week. As NAB’s Ray Attrill discusses with Phil Dobbie, the shutdown impacting parts of the US government remains, the passing of Theresa May’s meaningful vote on Brexit seems unlikely, and negative data from Europe has some wondering whether the region is already in recession. Yet, despite all the doom and gloom there seems some optimism in the markets – why is that?
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Rishi, small businesses need a strategy
The governments support for small business during the crisis has been haphazard. Liz Barclay says they now need to come up with a cohesive strategy, to see us out of the pandemic and well beyond.
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Euro inflation hits new high, pound heading back to the pleasure dome
There’s now a greater than 50% chance that the ECB will lift by 75 basis points next week, says NAB’s David de Garis. The pound meanwhile is heading back to when mullets were fashionable/acceptable.
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Equities and bonds markets divided
Equity markets rose again in the US on strong earnings, but as NAB’s Gavin Friend points out in today’s podcast, bond markets have not responded, focused instead on what the Fed is doing and what impact that will have on the economy
