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Shutdown, Slowdown and Voted down

The US government shutdown is now in it’s 25th day but, as Phil Dobbie discusses with NAB’s Tapas Strickland, the direction of the global economy is a bigger concern. China’s export and import figures were well below target yesterday, and Europe delivered very weak industrial figures too. So, can Australia expect to avoid a slowdown, if it is happening? And what of Brexit – within 24 hours Theresa May is likely to have her plan voted down in parliament. Is a second referendum now looking like the most likely outcome or will she manage to get a revised plan agreed?

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