Tag Archives: propping

The last domino propping up the Australian economy could be poised to fall

I’d like to feel comfortable. I really would. But something keeps worrying me. It’s this next graph, which shows the number of job advertisements in Australia. Jobs data shows a worrying trend. Picture: SuppliedSource:Supplied This graphic comes from ANZ Bank. It has been tracking the number of job advertisements for years. By doing so they hope to see the future ... Read More »

Shoppers are propping up the economy. What if they stop spending?

1. Negative feedback loop: The American shopper — the MVP of the national, if not the global, economy — is suddenly showing signs of fatigue. Core retail sales plummeted 1.7% in December, the most in nearly two decades. Blame the December stock market chaos. Or the beginning of the government shutdown. Or even “glitches” in the data, as White House economic ... Read More »