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US election limbo, markets surge, banks hold back rate cuts

US election limbo, markets surge, banks hold back rate cuts

FEAR & GREED | Business News
19 min
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<p><strong>Thursday 5 November 2020</strong></p> <p><strong>The United States election is too close to call, after a huge voter turn out and a late swing towards the President.&nbsp;</strong></p> <p>Also today:</p> <ul> <li>Global equity markets surge even without an result in the US election</li> <li>Most borrowers won’t end up with lower repayments as banks hold off cutting variable rate loans</li> <li>And an inquiry in NSW told that Crown Resorts is unsuitable to hold a gaming license</li> </ul> <p>Plus an interview with Alexander Hassall from Your Financial Wellness about financial literacy.&nbsp;</p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>