The promise of free money for longer is keeping the equity fires burning, says NAB’s Ray Attrill on today’s Morning Call. Plus, the RBA will push on with tapering today, he reckons.
As the govt penalise universities that do not focus on vocational degrees, worth noting that Boris studied 'Literae Humaniores'. A less job ready degree it would be hard to find.
A downgrade to inflation expectations on Friday gave market sentiment a boost. NAB’s Ray Attrill says it’s been taken as a sign that central banks might have to do less to soften demand and a reduced fear in recession risk. https://t.co/4xdqefB3O0