An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
I highlighted last week the arcane discussion in Senate estimates about measuring earnings growth across the Australian economy. Senator Canavan suggested there was some...
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his Morgan Stanley counterpart, James Gorman, both said Thursday that they aren’t steering their...
The latest auction clearance rates data confirms what we already knew, the traditionally busy spring selling season is ending with a whimper as it...