Divided We Stall
The episode “Divided we stall” reviews the stark contrast between U.S. and European market moves on May 19, 2026, highlighting rising U.S. Treasury yields, falling equities, and soaring oil prices amid geopolitical tension over the Strait of Hormuz, while European bonds rallied after UK Labour leader Andy Burnham reassured markets about fiscal limits. Analysts attribute U.S. market weakness to inflation worries, higher mortgage rates, and shifting expectations toward further Fed tightening, whereas Europe benefited from reduced fiscal risk and softer Chinese data. The discussion also covers upcoming economic releases—including Japan’s Q1 GDP, UK labor data, Canadian CPI, and the RBA’s rate‑hike outlook—plus the impact of oil supply concerns and temporary U.S. sanctions waivers on Russian oil.
Battle Chess with China
The episode dissected the geopolitical and market fallout from the upcoming Trump‑Xi summit, exploring rumors that the U.S. might pause arms sales to Taiwan in exchange for Chinese help de‑escalating the Iran conflict. It highlighted the IEA’s warning of a...
Divided He Falls. But Stays.
The episode reviews the latest surge in oil prices amid a stagnant Gulf crisis and recent statements from Donald Trump, while dissecting the Federal Reserve’s latest meeting where Jerome Powell held rates steady and faced an unprecedented four dissenters, signaling...
Courting Global Tariffs as US GDP Takes a Hit
The episode surveys a week of global economic turbulence, highlighting AI’s expanding role in the Australian job market, rising geopolitical risks in the Middle East, and mixed central‑bank signals across major economies. Dr. Blair Chapman notes a surge in AI‑specific...
Weekend Edition: From Dairy to Data: Can NZ Outgrow Australia’s Shadow?
In this episode, Phil and NAB’s Ray Attrill dissect the widening gap between New Zealand and Australia as AI‑driven investment costs strain US markets and commodity prices slide, while the Aussie dollar weakens below 71 cents. They explore how rising AI spending,...