The Bank of Canada follows the Fed with a big cut. Equities on the rise. NAB’s David de Garis suggests its likely driven by hopes of government fiscal stimulus.
Markets have reassessed the risk of inflation. On today’s podcast NAB’s Rodrigo Catril says the fear for equity markets is a Fed that might raise interest rates aggressively if it is behind the curve. https://t.co/WgAPDfpAzS