While pranksters get the better of Ezra.
And is it time to drop the rock cake?
Where the locals have crust issues.
When change couldn’t come soon enough.
While the grandkids nag,nag,nag.
When the scribbler met the scribe.
Australian stocks dived for their seventh session in the past days,with investors fearing the ramifications of escalating tensions in the Middle East,also weighing on the market was a US labour report,released overnight,that reaffirmed bets interest rates would remain higher for longer.
Suddenly,tension and uncertainty have gripped financial markets,making them highly volatile.
US markets were flat overnight ahead of a week in which the focus will be on inflation figures and the prospect of fewer interest rate cuts by the Fed.
The US inflation rate appears more stubborn than expected,which is not good news for other central banks,or those stretched Australian households hoping the RBA will start cutting interest rates soon.
The Congressional Budget Office expects the world’s largest economy’s deficits and debt to soar to record levels over the next 10 years.