Shares down as consumers focus on the essentials
Big moves in European gas prices makes recession fears in Europe more pertinent says NAB’s Tapas Strickland who also explains how Walmart’s profit warning hit US stocks hard.
Day: 26 July 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