The UK Prime Minister has suffered another defeat (242 v 391), with her Brexit deal failing to pass through parliament. Phil Dobbie talks with NAB’s David de Garis about the consequences – a delay seems inevitable, but for how long? Boeings share price has driven the Dow down, whilst lower than expected inflation will have had a bit to do with bond prices today. And, bad news yesterday in the NAB Business Survey, yet the Aussie dollar holding itself up a little this morning.
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Telstra drops pants, but shows little
Telstra’s half-yearly results last week showed the company can cut margins to acquire a lot of customers, but it didn’t offer any evidence of a successful longer-term strategy.
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Unlimited QE in a world of radical uncertainty
The Fed launches QE infinity, but Congress fails to pass a stimulus deal. NAB’s Ray Attrill examines the market reaction on a morning that the WHO warns that the virus spread is accelerating.
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Paying for Time Out with the Kids
In the first year back at work, a new mum can expect to earn 4 percent less per hour than if she had not had a child.
