Nucleus Wealth Insights

We start with the fiercely contested US election, in which vote counting is currently underway, and tipped to not be fully decided for some time, due to record numbers of early votes cast, both in person and by mail, due to the coronavirus pandemic. View the presentation slides: https://nucleuswealth.com/wp-content/uploads/2020/11/US-Election-content.pdf On Tuesday, we had the Reserve Bank of Australia announce a key interest rate cut to an unprecedented 0.1% in conjunction with a $100 BILLON government bond buying program over the next 6 months, as it strengthens its resolve to rescue the Australian economy from its first recession in almost 30 years. And this morning, news has come out that China has ordered traders to stop purchasing at least seven categories of Australian commodities, including coal, barley, copper ore and concentrate, sugar, timber, wine and lobster, ratcheting up tensions its key trading partner, US, in its most sweeping retaliation yet. Timestamps: 00:00 Introduction and agenda 04: