EPISODE · May 14, 2020 · 7 MIN
The market was smoked! Big names take a hit and those horror jobs numbers...
from The COB from ausbiz
A sobering day for the local market with a below-consensus but still disastrous 6.2% headline unemployment rate with record high underutilisation rate. Meanwhile, an interesting night ahead in the US as the market assesses the full impact of Jerome Powell's speech from last night, in which he flagged a long recovery for the global economy. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
A sobering day for the local market with a below-consensus but still disastrous 6.2% headline unemployment rate with record high underutilisation rate. Meanwhile, an interesting night ahead in the US as the market assesses the full impact of Jerome Powell's speech from last night, in which he flagged a long recovery for the global economy. Hosted on Acast. See acast.com/privacy for more information.
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The market was smoked! Big names take a hit and those horror jobs numbers...
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