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US election limbo, markets surge, banks hold back rate cuts

US election limbo, markets surge, banks hold back rate cuts

FEAR & GREED | Business News · Fear and Greed

November 4, 202018m 16s

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Show Notes

Thursday 5 November 2020

The United States election is too close to call, after a huge voter turn out and a late swing towards the President. 

Also today:

  • Global equity markets surge even without an result in the US election
  • Most borrowers won’t end up with lower repayments as banks hold off cutting variable rate loans
  • And an inquiry in NSW told that Crown Resorts is unsuitable to hold a gaming license

Plus an interview with Alexander Hassall from Your Financial Wellness about financial literacy. 

Find out more: https://fearandgreed.com.au/

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