Monday, February 1, 2021

Reserve Bank to update on economic recovery; Gamestop attack on US hedge funds rattles investors

It's a big week ahead for economic news with the Reserve Bank providing a major update on Australia's recovery from the pandemic-induced shock. 

A key question for economists is how the RBA balances the current near zero interest rates with the consequence of soaring real estate prices, fueled by cheap money and pent up demand from househunters. 

ABC's Peter Ryan also discusses market volatility caused by Gamestock trading on Wall Street where retail investors on "main street" are taking on major hedge funds on Wall Street.

I also speak with Thomas Oriti on ABC NewsRadio

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