90 at 9: OECD warns of long NZ recession and vulnerable funding; Big US mall bankruptcy

90 at 9: OECD warns of long NZ recession and vulnerable funding; Big US mall bankruptcy


Bernard Hickey details the key news overnight in 90 seconds at 9am, including the OECD's warning of a long New Zealand recession and the vulnerability of New Zealand's banks to having too much funding overseas on short terms. Also, America's second biggest shopping mall operator has gone bankrupt and JP Morgan Chase's profit was better than expected, boosting the Dow 120 points in late trade.

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