After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the day down 0.7%.

After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the day down 0.7%. Our guest today, Sven Henrich, the NorthmanTrader, says the Fed has backed itself into a corner with its commitment to low rates for longer. Has the RBA done the same? Our top three VODs today:NorthmanTrader: The Fed is trappedThree ETFs to play the global semiconductor shortageThe one small cap that Rudi - and the brokers - think is "very" undervalued Hosted on Acast. See acast.com/privacy for more information.