/u/Horatio4040 on ‘Levels not seen since the GFC’: NAB calls the retail recession

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 · As such, and in line with my personal analyses since earlier this year, I think Australia is finally going to have the recession it badly needs to fix whatever is not right, and what hasn’t been right for too long. On more traditional metrics such as quarterly gdp numbers, there may not be a "recession" on the horizon for Australia, but when it.

‘Levels not seen since the GFC’: NAB calls the retail recession. 74 122 comments . Documents reveal the Government looked at recovering HELP loans from deceased estates. 2 2 comments .. ‘Levels not seen since the GFC’: NAB calls the retail recession.

In May, unemployment in the US hit 4.3%, a low not seen for 16 years, and a figure which has been falling steadily since 2009. Inflation meanwhile has remained below 2% and shows few signs of picking up in any meaningful fashion. And thirdly, the participation rate has seen a big decline in the proportion of working age Americans in the labour force.

"While the retail industry has lagged the other sectors for some time, the recent deterioration has seen conditions in the industry fall to levels not seen since the GFC. This suggests that the consumer remains highly cautious with anything but spending on essentials because of ongoing slow income growth, high debt levels and possibly some concerns over falling house prices" Mr. Oster said.

‘Levels not seen since the GFC’: NAB calls the retail recession Rich Capital in process of getting $2m advance payment guarantee from associate press digest-New York Times business news – June 14 Epicentre must get SGX RegCo’s nod before appointing director or executive officer

Australia’s economy holds the world record for the longest recession-free run thanks. to get projects off the plan and you will see a substantial correction in construction." Other forecasters are.

The Ultimate Truth about Housing Affordability lendingtree (tree) lowered to Hold at valuengine suntrust banks raised their price objective on shares of Lendingtree to $285.00 and gave the stock a “positive” rating in a report on Wednesday, February 27th. They noted that the move was a valuation call. Finally, ValuEngine upgraded shares of Lendingtree from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Six analysts have rated the stock with a hold rating, seven have issued a buy rating.Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year! Bottom Line

During the recession. keep retail rates steady. It didn’t have to come to this. Deliberately firing up the Melbourne and sydney housing markets from their already elevated levels was a mistake..