Looking on the bright side of life
Tuesday 25th August 2020US equities reached new highs again, with big gains also in Europe. NAB\u2019s Rodrigo Catril says investors are back to reacting to the vaccine hopes, with President Trump announcing he will fast track roll-outs in the US \u2013 faster than a \u2018traditional\u2019 administration. Meanwhile, NZ\u2019s retail numbers yesterday fell significantly during Q2 as expected \u2013 so will they pay the price for a protracted lockdown? And will German IFO numbers today confirm that the European economy is recovering at a slower rate than the US? Plus, Australia\u2019s payroll data today will show the early impacts of the Victorian lockdown.
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