Monday Finance on RN Breakfast - US election result, RBA rate cut weigh on investor nerves

It's a massive week ahead for the global economy with the US presidential election dominating and an anticipated victory for democrat candidate Joe Biden now likely to be be much narrower than first thought. 

Also locally, most economists expect Australia's Reserve Bank to slash interest rates to almost zero in its latest pandemic response - and to unleash a program to buy more than 100 billion dollars of government debt to keep borrowing costs low. 

So what's that telling us about the true state of the economic recovery? 

Warren Hogan, industry professor at UTS Sydney, speaks with ABC's Peter Ryan.

Here's my analysis from RN Breakfast

I also spoke with Thomas Oriti on ABC NewsRadio after Westpac revealed a 66pc plunge in full year profit to $2.29 billion