Like it or not the shadow of inflation continues to cast a long shadow over the markets and the economy. No surprise then that Wall Street lost ground on Wednesday as surging consumer prices fueled fears of a longer-than-expected wave of heightened inflation. As a result, all three major U.S. stock indexes were in negative territory, extending their losses and adding to Tuesday’s sell-off which snapped the S&P 500’s and Nasdaq’s eight-session runs of all-time closing highs.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
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This is an edit of a recent show I recorded with Adam Stokes on his channel, where we did a deep dive into international...
Robbie Barwick and I discuss the upcoming Senate vote on passing the amendment to secure bank deposits in Australia. Details of the Bill: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/BankingDeposits...
In my live show with Leith van Onselen yesterday, we pulled apart the major party campaigns relating to housing, which focussed on those trying...