NAB Morning Call Share Crazy
Jan 21, 2024
Tech sector rallies as major tech stocks drive the S&P to its highest level since January 2022. Varying economic conditions seen across different regions, with US consumer sentiment soaring while UK and Europe face a potential recession. Updates on upcoming tech earnings from Netflix, Tesla, and IBM. Discussion on Australia's plans to combat the cost of living crisis and potential impact on rate cuts by the RBA. Insights on recent statements from Fed speakers, rate cut expectations, surprising retail sales in Canada and the UK, and potential government action on the cost of living crisis. Speculation on the impact of upcoming economic events and political developments.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Tech Sector Rally, Rising Consumer Sentiment, and Inflation Expectations
01:55 • 4min
Fed Speakers' Statements, Rate Cut Expectations, and Surprising Retail Sales Numbers
06:04 • 2min
Government's Potential Action on Cost of Living and Its Impact on Interest Rates
08:03 • 2min
Upcoming Economic Events and Political Developments
10:01 • 2min