Apple sparks concern over virus impact
Apple sparks a concern over the impact of the virus. NAB’s Gavin Friend discusses the market reaction. Plus, Europe’s bad ZEW reading, the RBA’s easing bias and Japan’s race to recession.
Day: 18 February 2020
Should Central Banks do all the work, or none of it?
Central banks and governments arte increasingly working at odds with each other. Is it time for one or other to take the mantle?
THE TWITTERATI
The Times says the government is struggling with what to do with a windfall tax if they had one. One option they reckon is to reduce the cost of energy. Which of course helps everyone, but richer higher energy users would be the biggest beneficiary ...
No bounce in equity indices today, says NAB’s Taylor Nugent. It’s all down to growing concerns about a US economic slowdown. Like Cisco’s profit downgrade, for example. Plus the lowdown on yesterday’s Aussie employment numbers. https://t.co/aGBhCkChFv