Services sector slips and rate cut hopes rise
Recent weak US data has sent the equity markets sliding. Yet today, evidence that the downturn is spreading to the services sector has seen shares rise. NAB’s Ray Attrill explains why.
Day: October 3, 2019
THE TWITTERATI
Was the Euro stimulus package a big step towards a United States of Europe. I ask @ProfSteveKeen. https://t.co/l9993m3RXk
Yields are moving higher for bonds in the US and Europe. NAB’s Gavin Friend looks at why bonds are being sold off and whether it will last. Is it a sign of optimism that economic conditions will improve? https://t.co/v7IuiHvP9d