This is the Fear & Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.

1. ASX slips

2. Trump order Hormuz blockade

3. Companies announce downgrades

4. IKEA cuts returns policy

5. Hungary election shock

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Monday 13 April 2026

The top five business stories in five minutes, with Sean Aylmer and Michael Thompson.

1. US, Iran peace talks break down
2. Aussie dollar, Bitcoin, gold rise
3. Commercial property market splits
4. Warning on AI’s destructive capabilities
5. Levi’s sales boom

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And don’t miss the latest episode of How Do They Afford That? - this week: five ways to cut the cost of living. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

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It's Sean's turn this week to hit Michael and Adam with five questions - no notice, no prep. This week, it's all about consumer behaviour - how the cost of living is changing the way we spend.

Support the show: http://fearandgreed.com.au/

See omnystudio.com/listener for privacy information.