EPISODE · Oct 29, 2023 · 14 MIN
Preparing for the slowdown
from NAB Morning Call
Monday 30th October 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAre equity markets ahead of the curve? US firms have reported better than expected earnings and consumer spending is still growing. Yet shares are lower, with S&P entering correction territory. NAB’s Rodrigo Catril talks about how the tide is starting to turn. Earning projections are less promising, US person income is lower than spending and consumer inflation expectations are rising. The escalation in the war on Gaza over the weekend will add to concerns. It’s a tricky time for the FOMC meeting this week, and for the Bank of Japan tomorrow, faced with rising inflation. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Monday 30th October 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAre equity markets ahead of the curve? US firms have reported better than expected earnings and consumer spending is still growing. Yet shares are lower, with S&P entering correction territory. NAB’s Rodrigo Catril talks about how the tide is starting to turn. Earning projections are less promising, US person income is lower than spending and consumer inflation expectations are rising. The escalation in the war on Gaza over the weekend will add to concerns. It’s a tricky time for the FOMC meeting this week, and for the Bank of Japan tomorrow, faced with rising inflation. Hosted on Acast. See acast.com/privacy for more information.
NOW PLAYING
Preparing for the slowdown
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.