Higher For Longer Hits Home! [Podcast]

Digital Finance Analytics (DFA) Blog

Aug 16 2023 | 00:10:06

00:00 / 00:10:06

Show Notes

Wall Street’s main stock indexes closed sharply lower on Tuesday after stronger-than-expected retail sales data stoked worries interest rates could stay higher for longer, while U.S. big banks dropped on a report that Fitch could downgrade some lenders. The U.S. retail sales data comes on the heels of strong inflation readings for July, and could potentially give the Fed more impetus to remain hawkish in the coming months. Such a scenario bodes poorly for risk-driven assets, particularly tech stocks. The Commerce Department report showed retail sales grew 0.7% last month against expectations of a 0.4% rise, suggesting the U.S. economy […]

Other Episodes

Episode

November 10, 2019 • 00:20:03

The Roller Coaster Ride Continues – The Property Imperative Weekly 09 Nov 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. Contents: 00:24 Introduction 1:23 US China Trade Talks...

Episode 0

November 05, 2023 • 00:09:53

Where Property Prices Are Falling Fast...

Contrary to the MSM reporting, home prices are falling fast in some locations. Of course there is lots of spin about relating to this,...

Episode 0

January 30, 2021 • 00:17:47

Cash Is Really, Really, Important! [Podcast]

I catch up with Jason Bryce, Advocate for keeping cash in our economy https://www.cashwelcome.org/ He is also running a Change.org petition: https://www.change.org/p/josh-frydenberg-save-cash-our-right-to-access-and-use-cash-must-be-protected-by-law We examine...