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The financial media is currently full of gloomy-sounding references to ‘inverted yield curves’ as a harbinger of a global recession. In lay terms, what does all this mean and how should a long-term investor respond?
In recent weeks there has been renewed volatility in equity markets and the media have awoken from their summertime slumber. News directors drag out old footage of frantic traders and summon talking head experts to explain to ‘mums and dads” what it all means. Well, what does it mean? More importantly, does it matter?
TRADE ministers on either side of the Tasman are questioning the legality of the Palaszczuk government’s proposed “Buy Queensland” procurement policy.
A riled-up New Zealand Government extraordinarily slapped down the Premier, accusing her of “lacking an understanding of how trade works” and putting at risk Queensland jobs.