ABC News – Top stories
·general
·2 hours ago
What crisis? Why stocks are ignoring the economy
Global stock markets surged despite fears over the Iran war and economic downturn, with Wall Street hitting record levels on Wednesday. Rabobank strategist Michael Every noted that markets have dismissed concerns about the conflict and potential energy crisis. Meanwhile, Australian consumer and business confidence have plummeted to levels matching the global financial crisis amid rising fears of fuel shortages.
Summary by Glance · ABC News – Top stories
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