Bye Bye Biden
Joe Biden has announced he won’t be in the running at the next Presidential election. Phil asks NAB’s Ray Attrill what it changes, and how much of last week’s moves were down to economics and what was down to politics?
NAB Morning Call · NAB - The Morning Call
Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Monday 22nd July 2024
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
The breaking news this morning is that Joe Biden is stepping down from the US Presidential race and endorsing Kamala Harris as the Democratic candidate. Phil asks whether they’ll be a market response, or have we already been seeing it. Last week saw the dollar climbing, against falling equities and a sell-off in commodities. How much of that was down to politics and how down to the economy and the musings of central bank speakers? After a quiet start this week is heavy on important numbers, including global PMIs, US GDP and core PCE on Friday, plus a continuation of earnings season.
Hosted on Acast. See acast.com/privacy for more information.