Banks up, but market down: The wild ride continues

The market capitalisation of the four major banks jumped $31 billion in just two days, yet the share market fell yesterday. A wild ride for traders. Also today: Nurses, teachers and firefighters in NSW are told they are not getting a pay rise. David Jones’ fortunes go from bad to worse And who’s richer? Facebook’s Mark Zuckerberg or legendary investor Warren Buffet? Plus, an interview with Ross Gittins, a doyen of economics in Australia. He explains how the employment market works and why it matters. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.