AMW: There’s more to normalisation than short rates, financial conditions matter
In this Weekly. we discuss how broader financial conditions, and not just the cash rate, are influencing the economic outlook.
Markets Today: Hope springs eternal, well, for today anyway
A more positive risk backdrop begins the new week. US equities are higher, the S&P500 up 1.9%, extending a turnaround after dipping into bear market territory intraday on Friday.
Markets Today: Who can slow down the slowdown?
Although employment growth disappointed yesterday, and along with wages data from earlier in the week, remains consistent with a rate rise of 25bp by the RBA in June.
Markets Today: A world of worry
Risk assets remained out of favour as concerns over inflation and recession risk continued to dominate.