Markets Discombobulated By Rate Cuts And Mixed Rear View Mirror Data, But Still Bets On AI Growth!

June 08, 2024 00:28:03
Markets Discombobulated By Rate Cuts And Mixed Rear View Mirror Data, But Still Bets On AI Growth!
Digital Finance Analytics (DFA) Blog
Markets Discombobulated By Rate Cuts And Mixed Rear View Mirror Data, But Still Bets On AI Growth!

Jun 08 2024 | 00:28:03

/

Show Notes

In this week’s market review, as usual we will start in the US, cross to Europe, then Asia, and end in Australia, and in passing we cover commodities and crypto. I have been highlighting how the data driven approach by Central Banks is a problem, because as new data lands, markets try to respond, making swings in sentiment a core feature of every day. On Wednesday we got a rate cut from the Bank of Canada, who became the first major central bank among the Group of Seven countries to cut interest rates by a quarter of a percentage point […]

Other Episodes

Episode 0

September 27, 2021 00:47:01
Episode Cover

Its Edwin's Monday Evening Property Rant [Podcast]

The latest from our Property Insider, Edwin Almeida, as he goes all positive… And his latest tip is a dozy. https://www.ribbonproperty.com.au/ Go to the...

Listen

Episode 0

August 16, 2023 00:10:06
Episode Cover

Higher For Longer Hits Home! [Podcast]

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,...

Listen

Episode 0

September 14, 2022 00:30:47
Episode Cover

The Deposit Rate Plot Thickens: With Steve Mickenbecker [Podcast]

An important discussion about the games banks are playing in relation to the setting of deposit interest rates, in the context of the RBA...

Listen