AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
NAB Morning Call
Crises ignored
Dec 3, 2024
Skye Masters, a market economist and strategist at NAB, delves into the intricate dynamics of global markets amidst significant geopolitical events. She explores how the recent martial law in Korea and France's political instability have surprisingly left the markets largely unshaken. Masters also discusses the implications of US employment trends and expected monetary policy shifts by the Federal Reserve. Additionally, she touches on Australia's latest GDP data, linking government policies to public sector growth and examining its broader economic impact.
14:27
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Recent geopolitical events, particularly in South Korea and France, have not significantly impacted market stability, indicating a focus on monetary policy instead.
- The anticipation of a Federal Reserve rate cut in December aligns with stable job growth signs, despite a gradual easing in the job market.
Deep dives
Political Instability in South Korea and France
Recent political developments in South Korea involve the imposition and subsequent repeal of martial law, raising questions about the president's future. This situation has sparked protests and could potentially threaten the president's leadership. Meanwhile, France is facing a no-confidence vote, with the government hoping to survive the challenge. Despite these significant geopolitical events, financial markets have remained relatively stable, showing a muted reaction which suggests a greater focus on monetary policies rather than political upheaval.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode