US equities fell and the dollar strengthened despite strong retail sales from the US. NAB’s Gavin Friend says the markets weren’t quite sure how to take it or why the numbers were so strong.
On Friday Jerome Powell says its time to taper, but not raise rates. The labour market needs time to heal, he said. Meanwhile, NAB’s Ray Attrill says positive PMIs at the end of the week show whilst we have inflation, there’s no sign of stagnation. https://t.co/hxi5Tythzk
This from a US Congress woman. Is there no decency left in America?
.@AlecBaldwin are these still available?
Asking for a movie producer…