Australia’s Wobbly Growth Streak Has Some Seeing Easy Money on the Way

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Australia’s economic expansion is faltering, putting pressure on the Reserve Bank of Australia to loosen monetary policy

The country boasts the longest-running growth streak in the developed world: It hasn’t had a recession in 27 years, helped by a strong jobs market, a plentiful supply of

immigrant labor, and robust demand for key commodities such as iron ore from China and elsewhere. It has grown faster than most developed economies since the financial crisis a decade...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JamesGlynnWSJ And we've just reelected the most useless, corrupt, incompetent self serving government this country has ever seen. All on the back of a lie filled, scare mongering fear campaign orchestrated by one the most corrupt, self serving media sharks off all time. DOOMED.

True to form, the WSJ, works at making the point for their masters. Follow our advice, give us your money, and shut up. Stay out of other countries business. Oh, wait. The US has no track record of doing that. How is that done?

gotta follow the fed, no point doing the right thing and lose out, right. might as well dance while the music lasts.

True life in God

Is it because they're upside-down?

Life

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow appears set for longest weekly losing streak in 8 yearsThe Dow Jones Industrial Average on Friday was gaining to close out a mostly downbeat trading stretch, but the gains don't appear to be sufficient for the...
Source: MarketWatch - 🏆 3. / 97 Read more »

Dow rises nearly 100 points, but posts longest weekly losing streak since 2011All 3 major U.S. indices closed up Friday, but it was a down week for many investors. The Dow fell 0.7% this week for its 5th consecutive weekly decline, its longest streak since 2011. The S&P 500 and Nasdaq Composite fell a 3rd straight week of losses. Tell Trump Lets call this a challenge. If I am correct then MadMoneyOnCNBC to get me on my 15 minutes of fame. those lace armholes are super sexy😉😍
Source: CNBC - 🏆 12. / 72 Read more »