Max Pacella
Investment Analyst
Wholesale Investments
5 Nov, 2021

Welcome back to our weekend reading.

In a week that saw gubernatorial elections in the US, the Glasgow COP26 summit, and the usual slew of smaller (albeit still sensational) stories, the market chose central banks as the primary focal point amongst the noise.

Earlier this week the market view was that the RBA had lost credibility not only for its own future guidance but for that of all central banks. The sentiment has not stopped there and going forward we will need to look both ways; one eye on the central banks, and one eye on how much the market actually cares.

Let’s look back on the week.