Tapas Strickland, NAB’s expert market economist and strategist, sheds light on the economic landscape shaped by recent US tariffs on imports from Canada, Mexico, and China. He discusses how these tariffs could redefine expectations for global growth and inflation. Strickland delves into the repercussions on GDP and market reactions, while also considering labor market indicators like rising employment costs. The discussion highlights the complexities of international trade relationships and potential retaliatory actions from other nations.

Tapas Strickland, NAB’s market economist and strategist, dives into pressing economic concerns. He discusses the potential peace talks between Ukraine and key political leaders, breathing optimism into the market. Strickland highlights signs of U.S. economic weakness, including increased trade deficits and shifting consumer behavior. He raises alarms about possible rate cuts amid these developments and examines the implications of tariffs on North American trade. Unique insights on global inflation trends and Australian economic forecasts are also revealed.

In this discussion, Tapas Strickland, a market economist at NAB, dives into the tumultuous economic waters stirred by potential US tariffs on Canada and Mexico. He highlights concerns over possible job losses in the steel and aluminum sectors, citing Alcoa's alarming warning. The conversation touches on shifts in consumer sentiment influenced by inflation fears and explores broader economic indicators, including Australia’s CPI, inviting listeners to consider the ripple effects of global trade tensions.

Tapas Strickland, NAB’s expert market economist and strategist, dives into the complexity of European defense amid rising geopolitical tensions. He discusses how U.S. pressure for Europe to boost self-reliance is driving a surge in defense stocks. The conversation highlights implications of OPEC+ decisions on oil prices and explores Japan's unexpectedly strong GDP growth. Strickland also critiques the Reserve Bank of Australia's cautious stance on interest rate cuts while unpacking the intricate dynamics between the EU, the U.S., and the ongoing crisis in Ukraine.

Tapas Strickland, NAB's market economist, shares insights on the Reserve Bank of Australia's cautious stance on interest rate cuts compared to global trends. He highlights the upcoming governance changes where the RBA will split into two boards focusing separately on monetary policy. The conversation shifts to the economic implications for Australia and Europe, addressing inflation statistics and credit rating revisions. Strickland also notes the good news for Americans as Thanksgiving dinner costs decline, despite long-term price increases.