Midterms spark AI bloodbath, Rate hike reckoning & why Canva cut hard

This week, Chanticleer columnist James Thomson and deputy editor of business Anthony Macdonald dissect what might prove to be the biggest news week of the year. They get into troubled Australian companies Canva and David Jones, they ask what’s broken with interest rates after yet another rate rise, and try to work out what Donald Trump’s shellacking means for us here in Australia.

This podcast is sponsored by Ripple

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Further reading:

Markets are a sea of red – and one frightening pocket of green
The Democratic Party’s huge midterms win has sparked a brutal sell-off by investors. It’s not easy to see what stops the pain.
Bullock’s wrong. DJs and Canva show this may feel worse than recession
RBA governor Michele Bullock isn’t sugar-coating what’s coming. But artificial intelligence disruption may add a new element of pain to a traditional slowdown.
One scary number in NAB’s result says pain is coming
NAB, two weeks after unveiling massive job cuts, has made it clear its braced for economic pain. Welcome to the banking sector’s first real credit cycle in more than a decade.

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