Monday 1st February 2021
Equities were hit hard on Friday as the Reddit warriors made their mark. NAB’s Tapas Strickland says the regulators response is to side with the retail investors, eager to investigate trading freezes by brokerages, like the Robin Hood app. Normally you might have expected Friday to see some positive sentiment in markets, with a strong batch of US data. Two new vaccines have come o the scene too, as the spat between Europe and the UK dies down a little over the distribution of Astra Zeneca doses. Today Scott Morrison will address the Press Club, when he will talk of more fiscal discipline, arguing the government can’t write a blank cheque forever.
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Who Is Keeping the Dream Alive?
Who would you most like to work for? In Aus/NZ’s latest Dream Employers Survey Google, once again, topped the list. But there have been moves in other top positions.
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The Bandwidth Traders
Is it possible to trade bandwidth between carriers? Mobsource is trying to do just that, but Geoff Huston thinks the idea is a flash in the pan.
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UK empties the glass, but markets still half full
Friday’s high inflation number I the US makes a faster taper from the FOMC almost certain, says NAB’s Ray Attrill, whilst the UK’s concerns over Omicron raises questions about the market’s glass half-full optimism.
