
Recession signs, RBA to hike, grains from Odessa
NAB Morning Call
00:00
Is It a Slow Down?
Wes Clark: The slow down is happening, as you say. And yet we still have a lot more for the fed to do,. and we're not seeing inflation slowing yet. So, no wonder markets are starting to get a bit concerned. But when you look at the details of it, its it is a reflection of a slow down. Weve seen huge declines in new orders, for instance, an that now i am contracting mer for the second month. It could be a huge, huge risk of event, but we don't know yet how that's going to play out.
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