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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Tuesday 29 January 2019

NAB survey crippled

Credit dries up

A disastrous NAB survey, partly as a consequence of credit drying up.


Oh dear.


Source: NAB

The Reserve Bank's Harper surfaced to opine that the domestic economy in general and indeed 'everything' he has seen is still strong, and that the next move in interest rates is likely to be up.

Uh huh.

Survey says...bom bom!


Source: ASX

In all fairness, the RBA can point to strong jobs data to justify its position, but things may be set to deteriorate. 

Inflation figures out tomorrow!