Banks up, but market down: The wild ride continues
FEAR & GREED | Business News · Fear and Greed
May 27, 202018m 6s
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Show Notes
The market capitalisation of the four major banks jumped $31 billion in just two days, yet the share market fell yesterday. A wild ride for traders.
Also today:
- Nurses, teachers and firefighters in NSW are told they are not getting a pay rise.
- David Jones’ fortunes go from bad to worse
- And who’s richer? Facebook’s Mark Zuckerberg or legendary investor Warren Buffet?
Plus, an interview with Ross Gittins, a doyen of economics in Australia. He explains how the employment market works and why it matters.
Find out more: https://fearandgreed.com.au/
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