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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

11 Oct 2016 (TheAge,SMH) – Economy in ‘bust’ mode, but no hard landing, Citi says

(11 October 2016, The Age, BusinessDay, p25, Vanessa Desloires)

‘Australia’s economy is in “bust” territory for just the second time in two decades, but that doesn’t necessarily point to a hard landing, according to Citi.  Economists for the investment bank, led by Paul Brennan, have developed a “bubble meter” for the economy, which creates a “Z score” by measuring terms of trade, mining investment, bond yields, apartment approvals and house prices. ‘

Read more at SMH.com.au

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