This was the real deal
Investors, skittish about budget, didn’t know what govt knew: trade pact with US was imminent, and that sentiments would probably bounce back
In the best of times, the budget is much ado about relatively little. Certainly, in terms of its core idiom as a summary of govt accounts and articulation of govt’s fiscal strategy, it has far less impact than the kerfuffle suggests.
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Disclaimer
Views expressed above are the author’s own.
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