Rear View Mirror Says Employment Is Fine; Just Don’t Look Ahead!
About this episode
The episode discusses the disconnect between current employment data and future economic indicators amidst rising fuel prices and geopolitical tensions.
We are in a phony war at the moment, as the real effects of the Gulf War, and the spike in fuel prices are yet to hit the rear-facing data as reported by the ABS and others. The forward-looking confidence data has crashed of course, with consumer sentiment down as reported by the MI and … Continue reading "Rear View Mirror Says Employment Is Fine; Just Don’t Look Ahead!"
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