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A great week for those who like volatility

NAB Morning Call

00:00

Equity Markets Just Keep on Pushing Higher Don't They

All the Fed speakers continue to be on message it's we still got more to do and some explicit comments from one of two of them saying that Ray Cuts in 2023 and I aren't expected. Financial conditions had tightened a lot since June which was when Jay Powell last testified before Congress but they're also higher than they were a year ago. The Wall Street Journal today says there is no alternative now it's tapas so it's nice that you know one of our commentators on the morning call has become an acronym for Wall Street according to Tina.

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