Business confidence (mix-a-lot)
Arguably double digit hurdle rates for business cases and investment projects remain optimistically high in the prevailing low growth and low inflation environment.
Yet the CFO community might counter that perhaps hurdle rates need to remain this high in order to reflect elevated market risk. Swings and roundabouts.
The credit growth figures suggest that business lending growth is in considerably better shape than was the case trhough the recession-like conditions of 2009, but nowhere near the levels of confidence seen in the heady pre-financial crisis days.
Housing: "We are all owner-occupiers now"