American markets doing well because they are not Europe
Friday 25th March 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9It's a very mixed and confusing day today. “It’s rare that you see equities and bond yields rise at the same time”, says NAB’s David de Garis, but maybe markets have optimism that the Fed’s aggressive stance will put the inflation genie back in its bottle. Or investors are a little unsure where to park money right now. Or, perhaps, investors see anything in the US to be safer than Europe, where inflation will be driven higher through fuel shortages. Meanwhile, PMIs…
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