US inflation numbers hit shares, bond markets more restrained
NAB Morning Call
00:00
Are We Pricing Realistically With Consumer Confidence?
Consumer confidence is now at its lowest level since a august two thousand 20. And if you exclude what went on during the pandemic,. we've seen the largest fall in confidence since im back, since june two thousand 15. But at the moment, you know, consumers are still spending. You seeing that in in a retail sales numbers. This declining confidence isn't yet feeding through into a pullback in demand, but that's risk. That's possibly reason why, now, longer dated, bondelds consolidating where they're at.
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