Powell talks jobs down, drives equities up
A more dovish Powell, more US China concerns and the continued shutdown have all added to uncertainty today.
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
Wednesday 15th October 2025
NAB Markets Research Disclaimer
Financial Services Guide | Information on our services - NAB
It’s been day 14 of the US shutdown, as both sides dig in. And are we being too optimistic about US China relations? NAB’s Gavin Friend says we shouldn’t assume the TACO trade will see the US backing down on such an important issue. He also discusses with Phil comments from Jerome Powell at the National Association of Business Economists in Philadelphia this morning. He was more dovish than expected, helping equities to recover from earlier losses.
Hosted on Acast. See acast.com/privacy for more information.