Schrodinger’s Household Spending!

Yesterday I went through the latest ABS data on retail and highlighted that the Black Friday sales supported household spending growth through November. This is an important indicator on the state of the economy and is a factor which will influence the RBA’s February rate cut call. But just like the proverbial Schrodinger’s cat – a famous thought experiment that demonstrates the idea in quantum physics that tiny particles can be in two states at once until they’re observed. It asks you to imagine a cat in a box with a mechanism that might kill it. Until you look inside, […]