Categories
Economy

Negative Interest Rates are Irrational

#InterestRates #NegativeInterest #Recession Negative Interest Rates are irrational, let’s look at the Austrian perspective. References Negative Interest Rates are the Price We Pay for De-Civilization

Categories
Economy Recession

Unemployment Rate Rises in August

#Unemployment #Underemployment #Recession Australia’s unemployment rate has risen in August to 5.3% despite the RBA’s hopes and dreams. References Unemployment keeps rising to 5.3 per cent in Augusthttps://www.abc.net.au/news/2019-09-19/unemployment-continues-to-rise-hitting-5.3-per-cent-in-august/

Categories
Economy Finance

Banks Printing Money

#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f

Categories
Economy

Can the RBA Save the Economy?

RBA #AusPOL #CashRate Can the RBA save the Australian Economy? Does anyone still think they actually can? References ‘Four bullets left’ to save Economy https://www.news.com.au/finance/economy/australian-economy/four-bullets-left-to-save-economy/news-story/f79bd146f7e50b5b7f2c7d3faa84317c China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen https://www.reuters.com/article/us-china-economy-gdp/china-second-quarter-gdp-growth-slows-to-27-year-low-as-trade-war-bites-more-stimulus-seen-idUSKCN1U90P5

Categories
Economy

Consumer Confidence Drops

#Australia #AusPOL #Recession Consumer and Business confidence has dropped in Australia. Looks like back to back interest rate cuts didn’t fill people with confidence for some reason? Reference Consumers most pessimistic in two years, despite tax and interest rate cuts https://www.abc.net.au/news/2019-07-10/consumer-confidence-july-2019/11294948

Categories
Economy

Australia is in Recession

#Australia #AusPOL #Recession GDP Per Capita has declined in Australia for the last two quarters, so for all intents and purposes, we are in a recession for the first time in 27 years. Our politicians need to use the R-word before the RBA starts playing with QE or negative interest rate. Perhaps some infrastructure projects […]

Categories
Economy

Is the Market Predicting a Recession

#ASX #AusPOL #CashRate Both Equity and Bonds are rallying and analysis split over an impending market correction. Is this just smart investors moving funds into the equities market and hedging their bets or is the bond rally and market confusion a sign of impending recession? References Bonds https://www.asx.com.au/products/bonds.htm Trading View https://www.tradingview.com/chart/?symbol=ASX%3AXAO Share market correction may […]