Tuesday 2nd February 2021
The share market on both sides of the Atlantic returned to normal yesterday, whatever normal is. Phil Dobbie asks shares expert Rodney Hobson whether there was anything to learn from the Redditt escapades of the last week, and whether the markets will ever be the same again? And, with the newspapers this morning leading on the race to prevent further spread of the South African strain of the virus, doesn’t this demonstrate the need to vaccinate the planet, not just those countries who can afford it? And could Richard Branson have the answer for those wanting to escape COVID-19?
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Ignoring the talk, waiting for the facts
It’s been a scratchy session, says NAB’s David de Garis, as markets shy away from sharp moves ahead of Friday’s payrolls data from the US.
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The Perils of Population Growth
Do we need population growth to enjoy economic growth? For many countries immigration seems to be the only way forward – remember the Big Australia policy?
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No patience left at RBA
Brainard’s comments about a faster reduction in the Fed’s balance sheet has helped steepen yield curves says NAB’s Taylor Nugent, whilst Ivan Colhoun says market expectations for the RBA’S tightening are a little over egged.
