Market whiplash as sentiment takes a hit
NAB Morning Call
00:00
The Psychology of the Markets, Isn't It?
Inflation will be lower, but we don't see it yet. It goes to the psychology of markets. But there's no guarantee that they're going to move very swiftly. The squeeze on real incomes the worst since the 19 fifties. This is the cure. You know, quote that a governor theback bank ofin governor andrew bailey, says that will bring inflation down. And i think maybe there's some summer, some let's, let's see. A new set of forecasts. They're not good. Inflation, as you say, will go not we'll not piak at seven %. It will peak at ten%. We kind of knew that,
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