Positive jobs numbers will add to the power of the reflation trade, whilst rising producer prices can add to those arguing inflation fears. Plus, NAB’s Gavin Friend gives us the latest from the FOMC minutes.
The governments support for small business during the crisis has been haphazard. Liz Barclay says they now need to come up with a cohesive strategy, to see us out of the pandemic and well beyond.
Markets are optimistic despite slow retail sales, lower consumer confidence and rising inflation expectations. NAB’s Rodrigo Catril says there’s an acceptance that much of these are short term effects. https://t.co/mk8X8viEMv
