Australia Consumer Confidence Rises on Rate Cut

Australian consumer confidence advanced after the central bank resumed reductions in the benchmark interest rate, as respondents indicated a willingness to enter the property market, a private survey showed.
Equity Valuations Lofty, Earnings Lousy: Morganlander
46:10 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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