Tuesday 16th June 2020
Globally equities have been dampened by fears of a second wave of COVID-19 and the attest activity data from China, which showed a slower than expected recovery. So why are equities back on the rise in the US – a question Phil Dobbie puts to NAB’s Ray Attrill in today’s Morning Call podcast. The answer lies with the Fed, which is pushing beyond buying government bonds to fuel the economy. There’s also discussion on Australia-China relations and today’s RBA minutes.