Treading water, but inflation expectations are on the rise again
Wednesday 28th April 2021Markets are treading water ahead of the FDOMC meeting tomorrow morning, but there\u2019s been a sudden rise in bond yields in the US which, NBA\u2019s Rodrigo Catril, suggests inflation is still a concern, as optimism around a vaccine driven recovery escalates. But inflation is less of a concern in Australia - we get the CPI numbers today, Rodrigo tells us what to expect. There\u2019s also discussion around what the Fed will say tomorrow morning, and why share prices aren\u2019t always responding to earnings results which are generally beating expectations. Tesla, Microsoft and Alhabet are the latest to outperform. Has the market reached a peak for now?
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