Stocking up and moving up - a podcast by Phil Dobbie

Wednesday 19th August 2020

US stocks continue to rise to record highs, helped today by strong housing starts and building permits. Phil Dobbie asks NAB’s Tapas Strickland whether there’s too much optimism about the rate of recovery and that’s showing in overvalued assets, including stocks and gold. Maybe the FOMC minutes will bring us down to earth tomorrow morning, although the news that Nancy Pelosi has indicated she’ll agree to go halfway on a fiscal stimulus deal might add to market enthusiasm.

Further episodes of NAB Morning Call

Further podcasts by Phil Dobbie

Website of Phil Dobbie