Hello everyone! Today I want to share views about macro economy with you.
Throwing this chart into the inflation debate.
Australian inflation versus capacity utilisation.
Perhaps adds weight to the argument of excess demand in the economy. $($aud)$ auspol
'Unemployment rate falls to 3.4%' $S&P/ASX 200(XJO.AU)$
- Participation rate 66.5% (Est. 66.6%)
- Employment +32.2k (Est. 15k)
- FT Employment 47.1k
$($aud)$ has diverged from the 2-year yield spread. Let's call it "China hopes". What happens next?
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