US growth provides cautious optimism
Friday 27th January 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABA strong GDP read from the US, together with with falling prices, provided grounds for optimism in markets overnight, particularly equities that were buoyed also by a strong earnings result from Tesla. But NAB’s David de Garis says it’s not all good news. Investment in equipment was down and durable goods orders, if you take out a splurge in aircraft orders, fell in the month. And the weekly job numbers suggest the labour market remains as tight as ever. Meanwhile, what must the…
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