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:
We look at the latest economic data to test our view of the economy. What does it tell us about the market's trajectory?
We look at the latest from the ABS. The drought and lower dollar is not helping. What will the RBA do? https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/6401.0Dec%202019?OpenDocument
The latest edition of our finance and property news digest with a distinctively Australian flavour. Tomorrow's Live Q&A: https://youtu.be/O4COFPIinhI