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Chinese Trade Figures Show RBA is Wrong — Recession IS Coming

Chinese Trade Figures Show RBA is Wrong — Recession IS Coming

Chinese trade took a hammering over the past year, leading to more concerns about its economy. It’s another sign that Australia is edging towards recession.
The post Chinese Trade Figures Show RBA is Wrong — Recession IS Coming appeared first on The Daily Reckoning Australia.

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Immigration Will Save the European Economy, Just as It Has Australia

Europe’s immigration ‘problem’ has dominated headlines in recent weeks. Regardless of where you look, the consensus is the same.
The post Immigration Will Save the European Economy, Just as It Has Australia appeared first on The Daily Reckoning Australia.

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Falling Unemployment Rate Masks Deeper Problems

ABS figures show the Aussie economy added 17,400 new jobs in August. That resulted in a slightly lower unemployment rate, dropping 0.1% to 6.2%.
The post Falling Unemployment Rate Masks Deeper Problems appeared first on The Daily Reckoning Australia.

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Revolution on the Ranch

Global stock markets had a strong day of gains yesterday. Bloomberg reported that the Dow rose 390 points — or 2.4% — ‘on optimism over China.’
The post Revolution on the Ranch appeared first on The Daily Reckoning Australia.

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The Bad News for Woodside

Today’s bonus insight concerns the Woodside takeover offer for Oil Search. This announcement fired the Aussie market up this week.
The post The Bad News for Woodside appeared first on The Daily Reckoning Australia.

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