Market cautious over speed of recovery
Wednesday 21st April 2021There’s a cautious moo…
NAB Morning Call · NAB - The Morning Call
April 20, 202113m 41s
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Show Notes
Wednesday 21st April 2021There’s a cautious mood in the markets right now, with US stocks down, with smaller caps hit particularly hard. NAB’s Ray Attrill discusses whether this is all down to a revaluation of the speed of the economic recovery. Could the tightening of credit be responsible for this? It’s hard for businesses to recover without borrowing. There’s also discussion of yesterday’s RBA minutes and the expectations for Australia’s retail numbers out this morning.
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