Preparing for the slowdown
Monday 30th October 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABAre equity markets ahead of the curve? US firms have reported better than expected earnings and consumer spending is still growing. Yet shares are lower, with S&P entering correction territory. NAB’s Rodrigo Catril talks about how the tide is starting to turn. Earning projections are less promising, US person income is lower than spending and consumer inflation expectations are rising. The escalation in the war on Gaza over the weekend will add to concerns. It’s a tricky time…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.