Rudd's Challenges

David Taylor, Market Commentator at CMC Markets, Sydney, gives us insights into Prime Minister Kevin Rudd's challenges in pushing through reforms and his chances of winning the elections. On US - Ben Bernanke's statement in Congress did not reveal much if interest rates will be raised sooner than expected. David believes it would be done end of 2010 as economic indicators need to show firmer signs of sustainability. While unemployment figures remain stubbornly high, he believes they are set to fall in the immediate term. See omnystudio.com/listener for privacy information.