Friday 21st October 2022
The UK is on the lookout for another Prime Minister after Liz Truss announced her resignation overnight. Her replacement will be found by Friday next week, at the latest, but NAB’s Gavin Friend says there could be a new PM in place as soon as Monday. There wasn’t a massive market reaction, with the good news offset by the uncertainty of who will replace her. Boris perhaps? Yes, really. Meanwhile Aussie jobs numbers show the labour market remains tight, as did US weekly jobless claims. In short, another day with no signs of inflation easing.
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Which creates growth – supply or demand?
Which comes first, demand or supply? If you want to grow an economy should you offer money or tax cuts to increase demand, or should you fund jobs to create supply and wages?
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Radio in a podcast age
Jonny Gould and radio programmer Liam Thompson on how radio networks can respond to the podcasting challenge.
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No time, no place, no momentum
NAB’s Gavin Friend talks through a complete U-turn in market sentiment – it looks like that US China trade deal won’t be signed this month after all.
