Less US confidence, tough talking ECB
Hawkish commentary from the ECB has pushed up European yields, whilst weak consumer sentiment hits US equities. NAB’s Taylor Nugent talks through market moves overnight.
Day: 28 June 2022
THE TWITTERATI
A calm session on the markets. NAB’s David de Garis says there’s still uncertainty over what’s round the corner. Meanwhile, Australia inflation falls. Does that mean job done for the RBA? https://podfollow.com/nab-morning-call
In the Thirties the Chicago Plan proposed that banks had no part in money creation. Good idea or bad? Me and @profstevekeen on this week’s Debunking Economics podcast https://podfollow.com/debunking-economics-the-podcast