Market cautious over speed of recovery
Wednesday 21st April 2021There\u2019s a cautious mood in the markets right now, with US stocks down, with smaller caps hit particularly hard. NAB\u2019s Ray Attrill discusses whether this is all down to a revaluation of the speed of the economic recovery. Could the tightening of credit be responsible for this? It\u2019s hard for businesses to recover without borrowing. There\u2019s also discussion of yesterday\u2019s RBA minutes and the expectations for Australia\u2019s retail numbers out this morning.
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