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After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the day down 0.7%.
Season 2, Ep. 50
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After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the day down 0.7%. Our guest today, Sven Henrich, the NorthmanTrader, says the Fed has backed itself into a corner with its commitment to low rates for longer. Has the RBA done the same? Our top three VODs today:
NorthmanTrader: The Fed is trapped
Three ETFs to play the global semiconductor shortage
The one small cap that Rudi - and the brokers - think is "very" undervalued
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