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Fanatical confusion

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Manage episode 420410633 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Monday 27th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Friday was a quiet end to the week, but the NSDAQ still managed to touch a new high. Bond markets closed early in the US, though, in readiness for a long weekend, that will see a slow start to this week. NAB’s Taylor Nugent says trade was light so we can’t draw any definitive conclusions about too much. Even Nobel economist Paul Krugman is unsure where things are heading. He said he could argue either way as to whether or not interest rates will remain higher for longer, and whether R* rate should return to 2019 benchmark levels, or has it moved higher. Does anyone know? After a quiet start, this week picks up with the US PCE deflator on Friday, and Australian retail sales and CPI prints before that.



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1195 episodes

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Fanatical confusion

NAB Morning Call

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Manage episode 420410633 series 1400104
Content provided by NAB - The Morning Call and Phil Dobbie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NAB - The Morning Call and Phil Dobbie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Monday 27th May 2024


NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB


Friday was a quiet end to the week, but the NSDAQ still managed to touch a new high. Bond markets closed early in the US, though, in readiness for a long weekend, that will see a slow start to this week. NAB’s Taylor Nugent says trade was light so we can’t draw any definitive conclusions about too much. Even Nobel economist Paul Krugman is unsure where things are heading. He said he could argue either way as to whether or not interest rates will remain higher for longer, and whether R* rate should return to 2019 benchmark levels, or has it moved higher. Does anyone know? After a quiet start, this week picks up with the US PCE deflator on Friday, and Australian retail sales and CPI prints before that.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

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