Mainstream electronic media is built around the sound bite and 24-hour news cycle. That means ideas get distilled down to their simplest form. There’s little room for discussion at a time when we need more of it.
No bounce in equity indices today, says NAB’s Taylor Nugent. It’s all down to growing concerns about a US economic slowdown. Like Cisco’s profit downgrade, for example. Plus the lowdown on yesterday’s Aussie employment numbers. https://t.co/aGBhCkChFv