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.
Markets are still responding to the weaker CPI read this week and don’t seem to believe the Fed when it says there’s still work to do. But NAB’s David de Garis says oil is the real inflationary concern as the northern winter approaches. https://t.co/byTJ4y58Db