Chief economist update: Good or bad news is good Wall Street newsBY BENJAMIN ONG | THURSDAY, 22 OCT 2020 11:27AMSo why is Wall Street jumping up and down and going round and round on news of progress or otherwise on stimulus talks? More to the point, why the need for more stimulus when the economy - as recent indications show - is on its way to a virtuous circle of confidence, spending and ultimately, stronger growth?
Upgrade your subscription to access this articleAnd gain access to:
And moreRead our full COVID-19 news coverage and analysis here. Related News |
Editor's Choice
APRA 'continuing to monitor' UniSuper outage
|UniSuper has commenced the restoration of its services, as APRA confirms it is monitoring the situation.
Morningstar unsure if KKR's Perpetual bid benefits shareholders
|Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday.
SMC says 'reckless' plan could cost taxpayers $1tn
|Super Members Council has slammed the Coalition's super for housing plan yet again, saying it could cost taxpayers.
Advisers must unite for major reforms: SIAA
|Financial advisers will need to band together to successfully get through another of period of reforms that will ultimately make advice accessible and affordable, this year's Stockbrokers and Investment Advisers Association (SIAA) Conference will hear.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.