Most companies have beaten earnings expectations. NAB’s Tapas Strickland says that explains why stocks are at all-time highs, plus the stimulus from the new Presidency.
A big sell off in bonds globally. It’s the pace of the moves in yields that’s grabbing attention, says NAB’s Gavin Friend, which is also putting downward pressure on stocks and helped push the Aussie dollar over 80 us cents for a while. https://t.co/6Ag4OQIBff
Today, @tomYellowRail talks to me about the types of travellers tourism operators should be focusing on later this year. Plus the Bank of England Governor speaks out against the EU’s attempts grab all Euro clearing. Listen at https://t.co/BJWiUlNmke or your fave podcasting app.