Nasdaq down 1.9%. All it took was two economic releases overnight and the market has gone glass half-empty. Back to worrying about sticky inflation, strong labour market and fewer rate cuts in 2025. The ASX is up 31 points or 0.4% at midday. The market has shrugged off a rise in monthly headline inflation, focusing instead on the drop in core annual trimmed mean. This is our daily podcast - exclusive for Marcus Today members. Everything you need to know about our Strategy Portfolio decisions and the stock market, every day. Make life simple. Subscribe to Marcus Today.

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