This time last year US stocks had fallen to two-year lows. Since then they’ve climbed to a series of new highs. But, whilst equity traders have been happy, there’s been a degree of cautiousness in currencies and bond markets, driven by Brexit and the US China trade war. The fall in the Australian housing market has added to the problems domestically. So, with renewed hopes for a Brexit deal and a truce at least on the US China dispute, could 2020 be a year of strong growth. Or will it be the year the RBA resorts to quantitative easing to boost the economy. Join Phil Dobbie as he look forward to 2020, with NAB’s David de Garis, Tapas Strickland, Rodrigo Catril, Gavin Friend and Ray Attrill.
*** The Morning Call will return, each weekday, from Monday January 13th 2020. ***