Apple warning forgotten as markets do an about-turn

The markets have spun around again, with renewed optimism and not much lingering concern from Apple’s revenue warning yesterday. In fact, Apple shares rebounded today. NAB’s David de Garis says the rise is more to do with the continued strength in the US economy, versus the weakness in Europe. Phil Dobbie asks him whether it’s possible to support a simultaneous rise in equities and the US dollar for long? They also discuss today’s employment numbers for Australia and tonight’s Democratic debate from Nevada.

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