No more heroes anymore

Published: Sept. 29, 2020, 8:20 p.m.

b'Wednesday 30th September 2020Despite a big jump in confidence in the Conference Board numbers for the US, there\\u2019s not much optimism in the markets today. NAB\\u2019s David de Garis says, as the virus refuses to settle down, the lack of a fiscal stimulus deal \\u2013 the so-called Heroes Act \\u2013 will be playing on markets (hence the title of today\\u2019s podcast, a homage to the 1970\\u2019s punk band The Stranglers). There\\u2019s also the pre-debate nerves, with Trump and Biden battling it out in the next few hours. Oil has taken a hit today, again because of COVID concerns and the realisation that demand will be slow to pick up. Today, China\\u2019s PMI numbers and RBA credit numbers will be of interest to Aussie investors.


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