Day: 2 May 2022

Breaking the Three Percent Barrier

The ill wind blowing from China are starting to be felt in the western world, says NAB’s Ray Attrill after weaker than anticipated ISM numbers from the US. That helped push 10 year Treasury yield over 3% overnight. Plus, what to expect from the RBA.

Just how sustainable are house prices?

Houses prices will never fall in the long term, says property expert Russell Quirk. They will, says Prof Steve Keen, because banks inflate prices through money creation without meaningful controls.

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