Podcasts and other audio content from Phil Dobbie
There’s no point in governments expecting to return to a balanced budget. On today’s It’s the Business podcast Petronus Partners CEO @PaulJKavanagh1 says the link between taxation and spending has been severed. So, what happens now?
Vaccine rollouts and lower case numbers have egged-on the reflation trade, even with the US on holiday. NAB’s Ray Attrill explains why Japan’s stronger than expected GDP has weakened the Yen and why rising oil prices are the fly in the ointment.
This morning @rodneyhobson picks shares and sectors that could do well in the bounce back we are set to experience. Plus, hotel quarantine starts today. Take our place in the border queue.
Bond yields are rising alongside equities. How long can that go on for? A question put to NAB’s Tapas Strickland on today’s Morning Call podcast.
On “It’s the Business” today I ask early stage investor Jonathan Marchbank whether, like in previous downturns, this crisis will create new mega companies.
Jerome Powell is not the only one talking down the speed of recovery. NAB’s Gavin Friend says the EU has downgraded its forecasts. And after a Biden-Xi phone call, don’t expect relations between the US and China to warm up in a hurry.
Craig Beaumont from the FSB says it’s been a narrow bridge for businesses to cross, but offers some hope for small businesses adapting to a post-COVID era. Plus, vaccine news, celebrity messages and today’s papers.
The Riksbank Governor is more worried about taking the bowl away too early, than too late says NAB’s David de Garis. It seems Jerome Powell has echoed that message this morning.
Today, it’s largely about debt. With a budget just a few weeks away, Kallum Pickering jons me to explain why Rishi Sunak shouldn’t be too quick to push up taxes.
Chinese demand looks set to rise fuelled by credit, giving strength to those countries that export to them. As NAB’s Ray Attrill says, credit makes the world go round.
