Day: 20 April 2022

A Temporary Change in Direction

Inflationary pressures remain, but the focus is how quickly the prices will come down, says NAB’s Taylor Nugent. It’s all keeping markets guessing, with this morning reflecting a turnaround on yesterday for bonds, the dollar, oil prices and, to an extent, equity prices.

What’s wrong with the rentiers?

The UK Chancellor’s wife is loaded. I ask @profstevekeen if that makes her part of the rentier class, and if so, why is that a problem? Is it just jealousy because we don’t have rich parents?

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