This morning Alan Kohler starts by jumping straight into Trump’s Trade War, which doesn’t look quite as war-like as catchy headlines and figures that are being run by all and sundry. What’s really going to happen, and what will China say or do in response?
Alan has taken a look at Facebook after the thumping it has taken this week; is there substance to the scandal, or could this be a buying opportunity?
Finally, Alan has also pursued a deep dive into the Fed’s monetary tightening policy, and why he thinks that the bull market won’t be halted just yet. That’s backed up with some help from Gerard Minack, who further shows why the cycle has been as slow and benign – and it’s down to wages.