Risk aversion fades, risk taking swells
Kia ora,
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news markets have brushed off the Nvidia result and chosen to extend their risk appetite. The S&P500 is at another new record high. But bond markets aren't so sure this is justified.
In the real world, US initial jobless claims were little-changed last week from the prior week, both in actual terms and from what seasonal factors would have suggested. There are now…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.