Ukraine fears creates a risk off sell off
Geopolitics has had an influence on markets today, but the influence of the Fed should still not be underestimated says NAB’s Ray Attrill on today’s Morning Call podcast.
Day: 24 January 2022
Who controls interest?
Interest rates are going up. I ask Steve Keen if it’s a good idea in this environment, and what if you took this key instrument away from central banks and interest rates never changed?
THE TWITTERATI
The Times says the government is struggling with what to do with a windfall tax if they had one. One option they reckon is to reduce the cost of energy. Which of course helps everyone, but richer higher energy users would be the biggest beneficiary ...
No bounce in equity indices today, says NAB’s Taylor Nugent. It’s all down to growing concerns about a US economic slowdown. Like Cisco’s profit downgrade, for example. Plus the lowdown on yesterday’s Aussie employment numbers. https://t.co/aGBhCkChFv