More irrational exuberance?

Tuesday 25th July 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are still expecting that the Fed is near the end of its tightening cycle, with equity markets continuing to push higher today. But what if the Fed sounds particularly hawkish this week? And what if the plethora of big tech earnings results come in much weaker than expected? It could be a choppy second half to the week. PMIs for Europe came in weaker than expected, and NAB’s Skye Masters says that opens up the question about what the ECB does after this week’s meeting. Hosted on Acast. See acast.com/privacy for more information.