… is looking a bit sick.
Why wouldn’t it? The bushfires; coronavirus; the national accounts on Monday; the RBA cogitates about an incredibly low cash rate on Tuesday ……
And then there’s the greatest Australian real estate bubble in history. i.e. The bubble is where the K-P Index exceeds 15%. It’s been there ever since 1996, and succeeding governments have been trying to keep it up there, even if that means low wages and poor small business profits!
You might say it’s all happening.
Could this be the mid-term recession before the biggie in 2026?