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 – … Continue reading "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 – … Continue reading "Schrodinger’s Household Spending!"
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