Mark Mitchell
👤 SpeakerAppearances Over Time
Podcast Appearances
But NAB, business confidence index, fell from minus 1% to minus 29%, a material fall.
So that's confidence.
The index of current conditions show that activity's barely shifted.
It's the confidence getting whacked.
The sentiment has plummeted while actual activities are more stable.
And then you get Andrew Hauser overnight.
He was the RBA deputy governor.
Now, I've heard him speak before, Mike.
On the scale of Reserve Bank governors, he's a pretty entertaining speaker.
He was talking in New York.
He talked about the potential for the nightmare scenario for central bankers.
That's inflation up, activity down, not inconsistent with what we may see in New Zealand.
Numbers, please.
Yeah, benign outcome on USPPI.
I know it's still pretty high, but it's less than they thought it was going to be.
And positive signs about peace talks.
So the Dow Jones is up 284 points, 0.6%, 48,504.
The S&P 500 up over 1%, 76 points.
And the Nasdaq's on a tear, up 1.64%, 379 points, 23,563.