Listen "Weekly Wrap 6 October"
Episode Synopsis
We have an exciting announcement. For a limited time only, we are giving you exclusive access to 3 Bell Potter stock reports each week, delivered straight to your inbox. And as a bonus, you will go in the draw to win a share of 3 million Velocity Frequent Flyer Points. The insights from these reports are something you can’t find with any other online broker and is what we use to provide you with our daily trading ideas and market analysis. Gain extra entries by joining Bell Direct and placing your first trade. This offer is available to investors new to Bell Direct here.See offer terms & conditions here.With the prospect of a US government shutdown earlier in the week causing a sell-off on Wall St, and subsequently, global markets, the last-minute stopgap bill passing by Congress slightly eased investor sentiment. The merry-go-round in the US keeps turning.Also, this week, the RBA held the nation’s cash rate at 4.1% for a fourth straight month.In this week's wrap, Grady covers:(0:09) fears surrounding US government shutdown,(1:03) the argument in congress,(2:04) the consensus of ‘higher for longer’,(3:23) the risk of inflation remaining sticky globally,(4:33) the best performing stocks in the ASX200,(5:20) the most traded stocks & ETFs by Bell Direct clients, and(5:53) five economic news items to watch out for.Read article transcript here.
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