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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Forward guidance seems to have evaporated today! The Central Bankers seem to push their forecasts out again, as inflation remains hot. But Central Bankers...
The latest edition of our weekly finance and property news digest with a distinctively Australian flavour. What I said to Treasury: Share this:EmailPrintTwitterFacebookLinkedInReddit
Interesting ABC article, which shows Real Estate Agents are winning, thanks to higher prices. But others are losers, period. https://www.abc.net.au/news/2024-06-12/house-price-growth-to-continue-corelogic-analysts/103964952 http://www.martinnorth.com/ Go to the...
