It’s a sea of red for shares this morning. Phil Dobbie asks NAB’s Davd de Garis how much of this is down Larry Kudlow’s comment that there’s a “pretty sizeable distance to go” before trade issues are resolved with China. It seems the clock is ticking with no immediate resolution for that, the pending government shutdown and Brexit. Meanwhile, the European Commission and the Bank of England have downgraded growth forecasts and the Kiwi dollar has been hit by an unexpected unemployment upturn. Feeling a bit gloomy after all that – think of the weekend!
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A confusing time to be a Brexiteer
There’s a lot of confusion amongst Brexiteers about what they want. Do they want to take control of our borders? And do they want democracy? Or are they justifiable losses in the fight for the greater good?
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Fed taper talk pushes yields higher
The FOMC minutes suggest that discussion on tapering might happen sooner rather than later. NAB’s David de Garis notes that these minutes predate the surprise inflation numbers. There’s been a swift reaction on bond markets.
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Do Telcos Understand Very Small Businesses?
How telcos offering sophisticated technological solutions need to chunk up the functionality into bite-size capabilities suited to individual segments.
