Equities bomb as investors are reminded of inflation
NAB Morning Call
00:00
Introduction
Stocks are really heading south again. Shares this morning because a bunch of major retailers have reminded investors that inflation is a thing. Their margins are getting squeezed, and their profit expectations will take a hit. Add to that, china lock downs that seemingly will never end. Big inflation numbers for the u.K., canada, and ozi labor market data to day as well. So there's quite a big going on.
Play episode from 00:00
Transcript
