NAB’s Gavin Friend talks through a session that brought no good news from the US – worst GDP fall since WW2, rising continuing unemployment claims, and still no new fiscal package.
Equities hit new highs despite weaker ISM numbers and rising US infections. NAB’s Tapas Strickland says investors are still looking through to next year. There’s also hope a stimulus deal will be struck, just as OPEC+ reach an agreement. https://t.co/Wq84gRuw04