The second part of my conversation with economist Steve Keen. Part One : https://youtu.be/fn0zNIkepbA Support Steve via his Patreon Channel Watch our previous show:...
We discuss the latest credit data from the RBA, APRA and also building approvals from the ABS. Wall to wall disappointment! https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-0719.html https://www.apra.gov.au/media-centre/media-releases/apra-releases-new-monthly-authorised-deposit-taking-institution https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Jul%202019?OpenDocument...
Just a few days ago, markets were betting on a mega 50 basis point cut in the cash rate by the RBA next week...