
Putin ends Goldilocks moment
NAB Morning Call
00:00
Introduction
Stocks fell further on friday. Since mid that mid august peak, the nasdak has fallen almost 11 and a half %. We expect some reaction now to the nord stream pipe line news,. But we'll talk about that in a moment. Let's start with non farm pay rolls from the us. So it was a good number, wasn't it? The fed would probably like to see that weaken, but only to keep wage pressures down. It seems that's happening anyway.
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