FEAR & GREED | Business News The Weekend Edition | 17-18 May 2025
May 16, 2025
Political shake-ups and economic shifts take center stage this week, with new leaders changing the landscape in Australia. Donald Trump's tour in the Middle East is stirring up excitement with potential deals on the horizon. The hosts humorously compare their podcast efforts to the Apollo 11 mission while biking for charity. They also debate interest rates, U.S. defense spending, and the latest trends in grocery pricing and cattle markets, all wrapped in playful banter that keeps the mood light and entertaining.
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Epic Bike Ride Fundraiser
- Sean Aylmer and Adam Lang are participating in a 380-kilometer bike ride to raise money for Royal Far West's Ride for Country Kids.
- They are feeling the physical toll but remain motivated by the cause and the support from listeners.
Economy Points to Rate Cut
- Strong labor market data and modest wage growth suggest a Reserve Bank interest rate cut is likely soon.
- Positive consumer and business sentiment support expectations of economic easing.
Australia's Leadership Shift
- Two of Australia's four main political parties now have female leaders, marking a significant leadership shift.
- The Greens' decline in lower house seats emphasizes their powerer remains in the Senate.